Sun Life Financial Milestone® Funds Updated SIP&G

May 12, 2014

Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans.

Effective April 1, 2014, the Statement of Investment Policies and Goals (SIP&G) for the Sun Life Financial Milestone® Funds (Milestone funds) has been updated to reflect actual fund allocations as of March 31, 2014 (the previous SIP&G included the September 30, 2012 data). Milestone funds' benchmark weights continue to be updated quarterly to actual quarter-end fund allocations. There were no other changes to the Milestone funds' SIP&G.

How does this impact you and your plan members?
There is no impact to you or your plan members and no action is required as a result of this change.

A copy of the revised SIP&G for each fund series is available on the Sun Life Financial Plan Sponsor Services website at When logged into the website, under the Administration and reporting tab, select Group Retirement Services, then on the top navigation menu select Investments >Governance reports.

About Milestone funds
The Milestone funds offer a simplified investment solution that provides:

  • A defined maturity date - a way for plan members to save for a future date.
  • Dynamic asset mix - each fund in the Milestone funds series automatically becomes more conservative as it approaches its maturity date.
  • A guaranteed maturity value - plan members benefit from knowing that their investment has a guaranteed maturity value, if the fund is held until its intended maturity year.

Please contact your Sun Life Financial Group Retirement Services representative.