TORONTO, ON--(Marketwired - November 24, 2016) - Sentry Investments ("Sentry") announced today its agreement with Great-West Life to act as sub-advisor to its Global Income (Sentry) Fund.
Together with London Life and Canada Life, Great-West Life's portfolios include both fund-of-fund and stand-alone, multi-manager platforms, built primarily to preserve capital while generating income.
"We are looking forward to working with Great-West Life, a leading insurance provider that has been serving the financial security needs of Canadians for 125 years," said Gaelen Morphet, Chief Investment Officer, Sentry Investments. "Combining our wealth-management skills with Great-West Life's high-quality segregated fund contracts will help provide Canadians with the investment solutions they require as they look for income-producing alternatives."
This agreement will introduce investors with Great-West Life, London Life and Canada Life to Sentry's unique brand of active investing and its history of providing superior risk-adjusted returns to investors.
"We consider Sentry to be one of the top fund managers in Canada," said George Turpie, Senior Vice-President, Investment Products, Wealth Management for Great-West Life. "The Sentry Global Income Fund will be a valuable addition to our fund line-up, which will continue providing Canadian investors with access to global high-quality fixed-income and equity securities."
Sentry Investments is an independent asset management company that was founded in 1997 and manages over $18 billion in assets on behalf of more than 500,000 Canadian investors. Sentry offers a diverse range of investment products available through financial advisors, including domestic and global mutual funds and separately managed accounts.
About Great-West Life, London Life and Canada Life
Great-West Life is a leading insurer with $95 billion* in retirement and investment holdings. Together with London Life and Canada Life, the company serves the financial security needs of more than 12 million people across Canada.
As leading providers of a wide range of insurance and wealth management products and services for individuals, families and business owners, from coast to coast, the companies are focused on improving the financial, physical and mental well-being of Canadians.
* As at Dec. 31, 2015