Standard Life Canadian Equity Class

02 The Quarterly Review
A message from Retail
You may have noticed that our magazine has a brand new look. This marks
the beginning of a new era at Standard Life Mutual Funds – an era
characterized by an increased focus on our advisors. We want to ensure
you have the right tools to meet your clients’ needs, regardless of market
conditions. A good example is the new Standard Life Tactical Income Fund.
Markets were mixed in the second quarter, as investors fretted about a
global economic slowdown – in both developed and emerging markets.
Other issues, such as inflation in emerging markets, the sovereign debt
crisis in Europe and political turmoil in the Middle East, all contributed to
market volatility. At the same time, fixed-income yields remained low.
Within this context, your clients are looking for income and predictable
returns. This is the investment mandate of the Tactical Income Fund.
The portfolio construction of the fund is based on the success of
Standard Life Investments’ team-based approach to seek opportunities in
all market conditions and aims to protect capital through turbulent
markets, while delivering income along the way.
The Tactical Income Fund has an unconstrained asset allocation, that can
range from 100% fully invested in equities, to 100% fully invested in
bonds or cash, and uses Standard Life Investments’ successful
institutional asset allocation process to target returns that meet the
expectations of investors. The fund aims to protect capital in down
markets, while capturing returns in up markets. In addition, investors
receive a monthly distribution as well.
What does this mean for your clients? Potentially higher income with less
risk. Isn’t that what all income investors want?
Mick Kelly
Vice-President, Sales, Retail Markets
The Standard Life Assurance Company of Canada