London, Ont.-based London Life and Toronto-based Mackenzie Investments are launching a goals-based asset management program and a new mutual fund family, the firms said Thursday.
London Life Constellation Managed Portfolios is a program to help Freedom 55 Financial advisors align their clients’ investments with their financial priorities, the firms say in a news release. It features a digital tool for risk assessment and automated rebalancing for each financial goal.
The program personalizes investing, says Sam Sivarajan, senior vice president, wealth solutions, at Great-West Life, London Life and Canada Life, in a statement.
“Through Constellation, we are helping advisors redefine the way that they work with their clients to help them achieve their financial goals.”
The program launched Thursday in select markets with a staggered national launch next year.
New mutual fund family
The new mutual fund family — London Life Pathways Funds — is managed by Mackenzie Investments and offered exclusively through Quadrus Investment Services Ltd. The funds focus on “pure asset class mandates,” the release says.