Investment and Retirement

Changes to SSQ Guaranteed Investment Funds (GIFs) – Effective June 2016

SSQ Financial Group is committed to its "manager of managers" approach allowing us to engage the best team of external managers in their respective fields of expertise. We assure the development and maintenance of the fund platform in the interest of investors through a rigorous process of manager selection and monitoring.
 
In keeping with our investment approach, some changes will be made to SSQ GIFs as of next June.

Click here for complete details about SSQ GIF closures, new fund and other changes.

CHANGES TO SSQ STRATEGY AND CELESTIA PORTFOLIO GUARANTEED INVESTMENT FUNDS (GIFs)
 
On June 30, 2016, changes will be made to the composition of SSQ Strategy and Celestia GIFs in order to ensure optimal diversification and adapt to current market conditions. Please note that these changes will have no impact on the fund fees and that the risk profile of each fund will remain the same. 

Click here for more information on changes made to SSQ Strategy and Celestia GIFs.

NEW SSQ FIERA CAPITAL GLOBAL EQUITY GIF
 
A new fund will be available to investors as of June 13, 2016: the SSQ Fiera Capital Global Equity GIF. This high-performing fund is offered by a prominent investment management firm recognized for its excellence in portfolio management.
 
FUND CLOSURES AND TRANSFER OF ASSETS
 
The following five funds will be closed in June and assets will be transferred to other funds. The closure of the first four funds was announced last fall and contributions to these funds were no longer accepted as of November 9, 2015.

Closures of SSQ BlackRock Emerging Markets Fundamental Equity GIF and SSQ CoreCommodity Management Commodity GIF are considered fundamental changes; therefore, investors holding units of these funds have a right to withdraw at no charge.
 
Because of the fund closures, some changes will be made to fees, maximum guarantee fee limits or certain underlying funds.
 



Last April 11, 2016, investors who hold units of one of the funds scheduled to close were mailed one or more of the explanatory notices below, depending on product type.