Sun GIF Solutions

The sun is shining on a runner's legs in mid-stride. Learn more about Sun GIF solutions

Protect your savings, take advantage of strong market performance, lock in lifetime guaranteed income and create the legacy you want to leave behind with Sun Guaranteed Investment Fund (GIF) Solutions.

Benefits of Sun GIF Solutions

One crontract for many needs - icon

One contract for many needs

Sun GIF Solutions is one product for many needs. It combines three different series in one flexible contract.

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Ease of mobility

As needs change, you’ll have the flexibility to move between the Investment, Income and Estate Series.

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Control over legacy settlement

You can choose to have the death benefit paid to beneficiaries as either a lump sum or a non-commutable payout annuity.

Compare the three series at a glance
  Investment Series Income Series Estate Series
Target market age Age 25 – 90. Age 55 – 75. Age 50 – 80.
Target market description Investors who are building their savings. Investors who are getting ready for or are in retirement. Investors who are getting ready for or are in retirement.
Goals
  • Growth opportunities through maximum equity exposure
  • Guarantees with potential access to money*
  • Immediate lifetime  guaranteed income
  • Guarantees with potential access to money*
  • Grow estate value
  • 100% death benefit guarantee to address uninsurability
  • Legacy planning at a fair price
  • Guarantees with potential access to money*
Investment fund options Approximately 60 funds available.

See available funds
The Strategic Income Fund is available.

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Approximately 55 funds available.

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Maturity guarantee 75% maturity guarantee. 75% maturity guarantee. 75% maturity guarantee.
Contract maturity date Age 100. Age 100. Age 100.
Death benefit guarantee 75% death benefit guarantee. 75% death benefit guarantee. 100% death benefit guarantee.
Resets - - There are automatic annual resets on death benefit guarantee, based on market performance until age 80.
Management expense ratio (MER)** Approximately 1.90 – 3.60%. Approximately 2.80%. Approximately 2.05 - 3.60%.

*Withdrawals impact the value of contract guarantees.

**The MER of a fund is calculated based on the insurance fees, the management fee, and the fund’s operating expenses. The MER of a fund includes the MER of any underlying funds, and any fees or sales charges associated with those underlying funds.  There is no duplication in the fees and sales charges of the funds and underlying funds.  The MER of a fund may change without notice unless the increase is due to an increase in the management fee.

Three series to meet your changing financial needs:

Sun GIF Solutions - Investment Series

Benefits include:

Guarantees at a fair price - icon

Guarantees at a fair price

No matter what life stage, you have a valuable savings option with guarantees at a fair price.

100% equity - icon

100% equity

Maximize your potential investment growth by holding up to 100% in equity funds in a broad fund lineup including various asset classes ranging from money market to specialty equity to meet your risk tolerances.

Diverse leading fund companies - icon

Diverse leading fund companies

Choice of approximately 60 funds. By investing in our funds you can benefit from the investment expertise of leading global portfolio managers.

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Access to money

You have potential access to money if needed.*

*Withdrawals impact the value of contract guarantees.

Sun GIF Solutions - Income Series

Benefits include:

Strategic Income Fund (SIF) - icon

Strategic Income Fund (SIF)

This fund invests in a range of investment options and asset classes including exchange traded funds, mutual funds, and direct securities as part of Sun Life's overall risk management approach.

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High level of lifetime guaranteed income

Gives you peace of mind with the certainty of guaranteed income for life.

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Deferral option

You can lock in future retirement income based on the current market value and current interest rates. You are guaranteed a lifetime income that is increased for every year you defer the start.

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Ease of transition to retirement income

Take care of your changing needs with a convenient process to begin receiving income when you're ready.

Sun GIF Solutions - Estate Series

Benefits include:

100% death benefit guarantee - icon

100% death benefit guarantee

The death benefit paid will be the greater of the death benefit guarantee or the current market value.

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Annual resets

Estate value is automatically locked-in annually if the market value is higher than the previous guaranteed amount, so your death benefit has nowhere to go but up.

Diverse leading fund companies - icon

Diverse leading fund companies

You can hold up to 100% in equity funds and choose from approximately 55 funds. By investing in our funds you can benefit from the investment expertise of leading global portfolio managers.

Control over legacy settlement - icon

Control over legacy settlement

Your assets are distributed according to your wishes, with options to allocate money directly to a beneficiary through a lump sum or a non-commutable payout annuity.

Find the right Sun Life GIF product for your life stage
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Fund options for Sun GIF Solutions
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