Canada Life Investments
Here you’ll find details of our Canada Life fund prices and recent corporate actions relating to these funds.
Canada Life Fund Information
Details of recent corporate actions on our funds, such as fund closures, mergers and fund name changes, are as follows:
The SF CL Property Fund and SF CL UK Property Funds have suspended with effect from midday on 12 October 2023.
This follows Canada Life’s decision to suspend the LF CanLife UK Property fund, in which the unit-linked SF CL Property and SF CL UK Property funds invests. Therefore, no transactions will be processed on these funds including switches and withdrawals.
Scottish Friendly will continue to collect premiums on your behalf. Where they are due to be invested in the SF CL Property or SF CL UK Property fund, they will instead be redirected to another fund.
Further information will be provided through the website, and Scottish Friendly will write out to all policyholders affected in due course.
The 5th distribution from the LF CanLife UK Property fund will be made during February 2025 with proceeds moved to the SF CL Money fund
The ‘Fidelity Global Property Fund’ has merged with the ‘Fidelity Global Enhanced Income Fund’ with effect on the 14th of June 2024.Policyholders who hold the SF CL Fidelity Global Property funds will see their investment change from the Fidelity Global Property Fund to the Fidelity Global Enhanced Income Fund. Policyholders will receive communication regarding the impact to individual policies.
The 7IM AAP Income Fund has merged with the 7IM APP Moderately Cautious Fund with effect of the 25th of June 2024.
Policyholders who hold the SF CL 7IM APP Income Fund series will see their investment change from the 7IM AAP Income Fund to the 7IM APP Moderately Cautious Fund. Policyholders fund name will remain the same.
The AXA Framlington Managed Income Fund has changed its name, policy and objective, as of 14th of June 2024.
The fund has removed the word ‘Framlington’ from its name and the fund objective has been changed from producing ‘high’ income returns to producing an ‘income return’.
Policyholders in the SF CL AXA Framlington Managed Inc Fund series will see no change to their fund.
The Jupiter Income Trust Fund has changed its name to the Jupiter UK Income Fund as of the 29th of May.
Policyholders who hold the SF CL Jupiter Income Trust Fund series will see no change to their unit-linked fund.
The AXA Framlington Monthly Income Fund has merged with the AXA Framlington UK Equity Income Fund with effect of the 20th of September 2024.
Policyholders who hold the SF CL AXA Framlington Monthly Inc Fund series will see their investment change from the AXA Framlington Monthly Income Fund to the AXA Framlington UK Equity Income Fund. Policyholders fund name will remain the same.
The ‘UK Smaller Companies Fund’ will merge with the ‘UK Special Situations Fund’ with effect on the 7th of March 2025.
Policyholders who hold the SF Ninety-One UK Smaller Companies Fund will see their investment change from the SF Investec UK Smaller Companies Fund to the SF Ninety-One UK Special Situations Fund.
Policyholders will receive communication regarding the impact to individual investments.
Canada Life Fund Prices
Details of our fund prices as at close 6th May 2025 are as follows.
Fund