Insured life funds Our core range of investment funds Access our carefully selected range of funds from some of the world’s best fund managers. As well as our popular Portfolio and Mixed Investment funds, we offer a wide range of funds to help you build a portfolio that reflects your needs and goals. What is an insured life fund? These funds are also called unit-linked funds and they work as a type of pooled investment. Your money is combined with other customers’ money to allow you to invest in a wider range of assets that you might otherwise be unable to invest in on your own. Insured life funds can only be offered by insurance companies like us, so you’ll notice that the names of our insured funds start with Canlife for onshore funds or CLI for offshore funds. Almost all of our insured funds aim to replicate the performance of an underlying fund by investing directly in that fund. The investment objectives of the Canada Life fund are consistent with those of the underlying fund, however the investment return may differ due to differences in charges and tax deductions between the two funds. Most of our funds invest directly into one underlying fund (you can see this information on the fund factsheets). Some of our funds invest into a number of our other insured funds to provide the right asset allocation to achieve their objectives. Internal funds These insured funds are managed by our own specialist team, Canada Life Asset Management. With these funds, our own fund managers are responsible for the investment decisions. External funds These funds come from carefully selected fund management companies. With these funds, the external fund manager makes the investment decisions. Steps to investing in an insured fund Pay money into your investment bond and tell us which funds you want to buy. We’ll work out how many units in each fund can be bought and allocate them to your policy. Your money is then pooled with other customers’ and placed into the funds you’ve chosen. The fund managers invest the money in underlying assets, in line with the objectives of the fund. You’ll share any gains or losses of the fund with the other investors. You can learn more about how our unit-linked funds work and are managed. Fund monitoring We monitor the funds we offer to check that they’re being managed as expected. Learn more about how we monitor fund performance. Fund series Different products offer different groups of funds. The series lets you know which group of funds you can select from, as seen in the table below. Product Fund group Select Account Life Series 5 Flexible Investment Bond (Level) Life Series 4 Flexible Investment Bond (Deferred) Life Series 3 Total Access Bond Life Series 3 Delta Account CLI Offshore Savings Account CLI Key information documents To meet the Packaged Retail and Insurance-based Investment Products Regulations, we provide Key Information Documents for each of our investment bonds. You can find these on each product page. For the Select Account, we also provide a fund guide which you can find at our fund centre. Find out more about these regulations and the fund guides. All documents Need an adviser? Get a tailored quote for this product from a financial adviser. To find one, visit Unbiased What are the risks? As with any investment, the value can go down as well as up so you might get back less than you invest. Different investments have different levels of risk and past performance is no guide to future performance. Fund centre Explore all our available funds. See our price lists, fund performance, factsheets and more. Learn more Monthly Fund Performance See the latest fund performance in our monthly updates Learn more Tools Onshore life funds centre Explore all funds available for Life Series 3, 4 and 5. Evaluate past performance, view factsheets, fees and more . Onshore life funds centre Fund Centre Explore all our available funds. See our price list, fund performance, factsheets and more. Learn more Highlights Guide to investment bonds Get an overview of onshore and offshore investment bonds. Learn more Guide to investing Read about the different types of assets you can hold in a bond. Learn more Be a ScamSmart investor How to avoid investment and pension scams. Learn more Next steps Need an adviser? Get a tailored quote for our products from a financial adviser. To find one, visit Unbiased. Find an adviser Customer support Find answers to commonly asked questions, helpful links, tools and contact details. Customer support Get in touch Contact our onshore team 0345 606 0708 or send an email Contact our offshore team 0333 015 1382 or send an email Monday to Friday, 9am to 5pm Other contacts News & Insights Corporate Our websites Site information Find help Twitter Linkedin Youtube © 2021 Canada Life UK. All rights reserved Legal statement