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Abstract
"Canadians are embracing these types of products because they allow investors who are approaching retirement or who are retired to benefit from the upside potential of the markets, and at the same time provide guaranteed income for life" says Jim Gibson, Director, Retail Wealth Marketing. "With the turmoil in the markets we've seen in the past months, it's no wonder investors are turning to investments with built-in guarantees like Class Plus", he adds.
"Having a solid product is important, but it's even more important to know you're investing your money -especially your retirement savings-with a Company that's a prudent fund manager," says Mr. Gibson. "Our conservative, value-oriented investment style and philosophy has served our segregated fund clients well over the past 40 years, protecting our clients in down markets, so this product is a natural fit for us."