We have been informed by Fiera Capital Corporation of fund changes that will occur in March 2026. The fund changes will impact two Managed Index Interest Options and three ivari Asset Allocation Portfolios Index Interest Options in our universal life contracts shown in the charts below.
Managed Index Interest Options
On or near March 6, 2026, the Designated Indices of the following Managed Index Interest Options will be terminated. Accordingly, on or near March 6, 2026, the Designated Index of the corresponding Managed Index Interest Options will change to reflect the new Funds as listed below.
The Designated Index change will have a minimal impact on the nature of the investments, as both the previous and new Designated Index share the same investment objectives.
| prosperity Universal LifeTM, ivari UniversalTM, WealthADVANTAGETM & EstateADVANTAGETM Challenger, Advantage LifePlus & Advantage LifePlus 2001 | |||
|---|---|---|---|
| Managed Index Interest Option (IIO)* | Designated Index** | ||
| PREVIOUS | NEW | PREVIOUS | NEW |
| imaxx Canadian Fixed Pay | Fiera Canadian Fixed Pay | imaxx Canadian Fixed Pay Fund | Fiera Canadian Fixed Pay Fund |
| Fiera SFI: Canadian Universe Bond | Fiera ASFI: Canadian Credit Focused Bond | Fiera SFI: Canadian Universe Bond Fund | Fiera ASFI: Canadian Credit Focused Bond Fund |
*Challenger: refers to as Index Account
**Challenger: refers to as Reference Index
- Fiera SFI – Canadian Universe Bond IIO, is not available under Advantage LifePlus & Advantage LifePlus 2001 and Challenger.
- The imaxx Canadian Fixed Pay IIO, is not available under prosperity 1 (PR1).
ivari Asset Allocation Portfolios Index Interest Option
On or near March 6, 2026, one of the Designated Indices of the following ivari Asset Allocation Portfolios Index Interest Option will be terminated. Accordingly, on or near March 6, 2026, the impacted Designated Index of the following ivari Asset Allocation Portfolios will change to reflect the new Fund as listed below.
The Designated Index change will have a minimal impact on the nature of the investments, as both the previous and new Designated Index share the same investment objectives.
There are no changes to the other Designated Indices and to the percentage weighting. To see the up-to-date Designated Indices and associated weights, please see the monthly Performance Updates Pages in April 2026 on ivari.ca.
| prosperity Universal LifeTM | ||
|---|---|---|
| ivari Asset Allocation Portfolio Index Interest Option | Designated Index | |
| PREVIOUS | NEW | |
|
Fiera SFI: Canadian Universe Bond Fund | Fiera ASFI: Canadian Credit Focused Bond Fund |
How will your clients be informed?
- Starting on or near March 6, 2026, a notice about the fund change will be included in the policyholder’s statement under the ‘Keeping You Informed’ section.
- The Fund code charts (WFG-LP1779), (LP946) and (LP946C) will be updated on or near March 6, 2026 and will be available on ivari.ca.
- For ivari Universal Life policies that will be issued starting on or near March 6, 2026, the new fund(s) name(s) will be reflected.
- For applications submitted prior to March 6, 2026, please inform your clients of the fund changes.
Published on: November 21, 2025