Core investment platform additions: Seven new funds add variety!August 19, 2013
We’re excited to announce the addition of seven new funds to our Core investment platform which enhance the breadth and depth of investment options available to Defined Contribution plan sponsors.
The following seven funds will be available effective August 19, 2013:
- Invesco Global Small Cap Equity Segregated Fund
- MFS MB Low Volatility Global Equity Segregated Fund
- PIMCO Canada Canadian CorePLUS Bond Segregated Fund
- Sun Life Managed Income Segregated Fund
- Sun Life Managed Enhanced Income Segregated Fund
- TDAM Active Canadian Corporate Bond Segregated Fund
- TDAM Canadian Core Plus Bond Segregated Fund
The majority of these funds are available for Defined Benefit (DB) Investment Only clients and are now also available in our Defined Contribution Core investment platform in asset categories such as global equities, Diversified Income and Specialty Fixed Income.
About the new investments
These new funds increase the breadth of asset classes offered on the core investment platform and increase the depth of options within existing asset classes offered on the core platform.
|Fund name||Asset class||Benchmark / Target|
|Invesco Global Small Cap Equity Segregated Fund||Specialty Global Equity||MSCI ACWI Small Cap Index|
|MFS MB Low Volatility Global Equity Segregated Fund||Global Equity||MSCI All Country World Index|
|PIMCO Canada Canadian CorePLUS Bond Segregated Fund||Specialty Fixed Income||DEX Universe Bond Index
|Sun Life Managed Income Segregated Fund||Diversified Income||25% Canadian bonds, 30% Corporate bonds, 2.5% High Yield bonds, 2.5% Emerging Markets debt, 10% Canadian equity, 10% Canadian Real Estate Investment Trusts (REITs), 10% Global equity, 10% Infrastructure|
|Sun Life Managed Enhanced Income Segregated Fund||Diversified Income||20% Corporate bonds, 15% High Yield bonds, 15% Emerging Markets debt, 17.5% Canadian equity, 10% Canadian Real Estate Investment Trusts (REITs), 12.5% Global equity, 10% Infrastructure|
|TDAM Canadian Core Plus Bond Segregated Fund||Specialty Fixed Income||DEX Universe Bond Index|
|TDAM Active Canadian Corporate Bond Segregated Fund||Specialty Fixed Income||DEX All Corporates Bond Index|
We’re pleased to welcome PIMCO to the core platform manager line-up. PIMCO is a leading global investment management firm, with offices in 13 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO manages $2 trillion in assets across fixed income, active equities, alternatives and asset allocation strategies and offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Their goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.
Investment Guidelines for each of these new funds will be available for these funds on the plan sponsor site by late August 2013.
As part of our ongoing commitment to enhance the depth and breadth of our Core investment platform, we will continue to add investment options which may be of interest for plan sponsors to meet the unique needs of their members.
Please contact your Sun Life Financial Group Retirement Services representative.