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- Standard Life to introduce new funds
Standard Life to introduce new funds
- By ILS corp
- Published 12/9/2009
- ILSTV Stories
- Unrated
Standard Life Mutual Funds announced that starting on or about January 11, 2010 , its new Standard Life Corporate Class funds will be available through authorized advisors, subject to regulatory approvals. Standard Life Corporate Class, which helps investors make tax-efficient investments in their non-registered portfolios, offers a family of mutual funds in 17 share classes.
Corporate class funds are comprised of classes of mutual funds that are set up under the umbrella of a corporation, and they allow investors to switch between classes in a tax-efficient manner. Unlike traditional mutual funds, corporate class funds do not trigger capital gains when switching from one share class to another.
Assets of the Standard Life Corporate Class funds are managed by Standard Life Investments, a global asset management company providing institutional fund management expertise to individual investors.

