CUMIS Retirement Service Clients to Gain BGI Index Funds

October 9, 2001 ( - Canada's CUMIS Group has teamed up with Barclay Global Investments (BGI) to provide Index Funds to credit unions and commercial clients of CUMIS Retirement Services (CRS).

The CUMIS Group is the first organization within the Canadian credit union system to offer index funds.

Through BGI, CRS will offer a variety of index funds:

  • TSE 300 Equity Index Fund
  • US Equity Index Fund
  • EAFE Equity Index Fund
  • Income-Oriented Balanced Fund
  • Growth-Oriented Balanced Fund
  • Aggressive Balanced Fund
  • Universe Bond Index Fund.

The CUMIS Group markets a diverse portfolio of insurance and other non- financial services to Canadian financial cooperatives – credit unions and caisses populaires – and their members.

Its principal companies are: CUMIS Life Insurance Company, CUMIS General Insurance, Canadian Northern Shield Insurance Company, MemberCARE Financial Services Limited, CUMIS Services Limited and WESTCU Insurance Services Limited.