Changes to CI Portfolio Series Target Risk Funds - December 2, 2013

Plan sponsors may wish to consider whether this investment update has any implications for the investment options available within their plan. Sun Life Assurance Company of Canada purchases units of the Funds listed below which are established as segregated funds in accordance with the Insurance Companies Act (Canada).

In September 2013, CI Investments (CI) updated the Statement of Investment Policies & Goals (SIP&Gs) for the CI Portfolio Series Target Risk Funds. The new SIP&Gs are posted on the plan sponsor site and reflect the updated underlying CI fund names along with target percentage allocations to each fund. CI believes that the addition of the new funds will enhance the diversification of the portfolio. CI will continue to monitor the underlying funds and may make changes to the underlying funds or allocated percentages over time without prior notice.

The following portfolios are affected:

  • CI Portfolio Series Income Fund
  • CI Portfolio Series Conservative Fund
  • CI Portfolio Series Balanced Fund
  • CI Portfolio Series Balanced Growth Fund
  • CI Portfolio Series Growth Fund
  • CI Portfolio Series Maximum Growth Fund

To view changes to the weightings within each portfolio refer to the new SIP posted online.

Please contact your Sun Life Financial Group Retirement Services representative.