TDAM Fixed Income Organizational Update

November 10, 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).

TD Asset Management (TDAM) recently announced that Ken Miner, Vice Chair, Fixed Income, assumed the role of Strategic Advisor, TDAM USA, Inc. effective September 30, 2014, and will report directly to Tim Wiggan, Chief Executive Officer. This appointment continues the firm's effort to build out its North American asset management capabilities.

Robert Pemberton, Managing Director and Head of Fixed Income, will continue to lead the fixed income team in Canada and will also assume responsibility for the U.S. fixed income portfolio management team.

Ken Miner, joined TDAM in 1991, with more than 30 years of experience in domestic and international fixed income and currency markets. During his career at TDAM, he has helped to build the Firm’s Fixed Income business and portfolio management team. Ken holds a Bachelor of Arts from the University of Guelph and is a CFA charterholder.

Mr. Pemberton joined TDAM in October of 2000 with more than 10 years of experience in Fixed Income markets. Throughout his career, he has worked as a fixed income and derivative trader before moving on to corporate fixed income portfolio management at well-respected Canadian dealers and asset management companies. Mr. Pemberton holds an MBA from the Richard Ivey School of Business, an Honours Bachelor of Arts in Political Economy from the University of Toronto and is a CFA charterholder.

Please contact your Sun Life Group Retirement Services representative.