Canada Life Investment Management announced Sept. 20 the launch of the Canada Life Sustainable Portfolios.
The three mutual fund portfolio solutions aim to invest in companies that demonstrate strong environmental, social and governance (ESG) practices, says the company.
The portfolio funds, which will be sub-advised by J.P. Morgan Asset Management (JPMAM), are: the Canada Life Sustainable Conservative Portfolio, the Canada Life Sustainable Balanced Portfolio and the Canada Life Sustainable Growth Portfolio.
"We recognize Canadians are looking for greater transparency in how and where their money is invested. These new funds are just one way Canada Life is affirming its commitment to responsible investing, while helping Canadians meet their financial planning needs," stated Paul Orlander, Executive Vice-President, Individual Customer, Canada Life.