MONTREAL, July 5 2007 – Standard Life Mutual Funds Ltd. has expanded its product offering by launching four new funds and at the same time, it regroups its fund family.
The Standard Life Global Monthly Income Fund is the “global” version of the Standard Life Monthly Income Fund for investors seeking a regular flow of monthly income through global diversification.
Using the same management style as the existing Standard Life Canadian and Global Dividend Growth funds, the Standard Life Dividend Income Fund offers higher yields and a monthly distribution.
The Standard Life U.S. Dividend Growth Fund is for investors who want to benefit from the management style of a great dividend fund and who are looking to diversify their dividend portfolio with exposure to the U.S. market.
The Standard Life U.S. Equity Focus Fund is for investors who want to take advantage of U.S. Equity investment opportunities and have access to the best investment ideas of a proven portfolio manager.
“At the same time, we are taking the opportunity to introduce our new fund family approach, which regroups our funds into six categories. With this new approach, investors have access to a wide range of fund choices allowing them to build a well-balanced, diversified portfolio that benefits from the most promising investment opportunities around the world”, says Michel Fortin, Vice-President, Marketing, Retail Markets.
About Standard Life
The Standard Life Assurance Company of Canada along with its affiliated companies in Canada had $36.89 billion in assets under management as of December 31, 2006. We offer a wide range of financial products and services to over 1.31 million individuals, including group insurance and pension plan members. Total premium income and deposits reached $5.17 billion in 2006. Standard Life group has been a prominent player in Canada since 1833. (www.standardlife.ca)
The Standard Life group is a leading provider of financial products and services, with approximately 7 million customers and 1.5 million shareholders worldwide. As of December 31, 2006, its investment management business had $301 billion in assets under management. Founded in Edinburgh (Scotland) in 1825, The Standard Life Assurance Company demutualized in 2006 and a new public company – Standard Life plc – was born. Standard Life plc was listed on the London Stock Exchange (LSE), under the ticker symbol or code SL., on July 10, 2006. Standard Life plc entered the FTSE 100 on September 18, 2006, after the quarterly review of the index by the FTSE group. In March 2007, Standard Life Plc became part of the FTSE4Good Index, which is used to identify companies that meet globally recognized corporate responsibility standards. (www.standardlife.com)Tags: Capgemini, Efma, InsurTech, World Insurance Report