Revised performance for Templeton Global Stock Trust and Templeton International Stock Trust Segregated Funds

March 17, 2014

Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans. 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 December 2013, there was a pricing error which impacted the Templeton Global Stock Trust Segregated Fund and the Templeton International Stock Trust Segregated Funds. The error resulted in the segregated fund returns originally reported in Morningstar being different than the underlying Templeton fund returns.

The Templeton segregated fund unit values were corrected in early January to bring the fund returns back in line for 2013 and 2014. Any reporting generated through Morningstar prior to February 19, 2014 showed the original erroneous returns for these two funds. Both Morningstar and our record-keeping systems have been revised with the below segregated fund return information:

Templeton Global Stock Trust

 

Templeton International Stock Trust

 

Original (%)

Revised (%)

 

Original (%)

Revised (%)

Dec - 13

0.27

1.80

 

-1.29

1.20

Jan - 14

4.05

2.49

 

3.13

0.59


No action is required from sponsors and members.

Questions?
Please contact your Sun Life Financial Group Retirement Services representative.