Invesco organizational changes: Trimark Fixed Income team

September 16, 2013

Plan sponsors may wish to consider whether this investment update has any implications for the investment options available within their plan. 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).

Invesco Canada Ltd. (Invesco) has announced that Gary Lew, Portfolio Manager and analyst with the Trimark Fixed Income team, is no longer with the firm effective August 23, 2013. Mr. Lew joined the firm in 2002 and was promoted to portfolio manager in 2009. He was an integral member of the team supporting Alfred Samson, the lead manager of the Trimark Canadian Bond Fund and the fixed income portion of the Trimark Income Growth Fund. Mr. Samson has been on the Trimark Fixed Income team since 2005 and continues to be supported by Anthony Imbesi, who has been with the Trimark Fixed Income Team since 1999. The departure of Mr. Lew follows the recently announced departure of Rex Chong, the Head of the Trimark Fixed Income team.

While the departures of Mr. Chong and Mr. Lew have left the Trimark Fixed Income team rather thin, the team has begun to expand its resources by accessing the depth of Invesco's global Fixed Income team which has particular expertise in corporate credit, high yield and bank loans. Invesco's Fixed Income team has extensive resources globally, including more than 150 investment professionals.

Effective September 3, 2013, Jennifer Hartviksen joined Invesco as Head of Fixed Income. She reports to Ian Hardacre, Head of Canadian Equities and a member of Trimark's investments leadership team. Ms. Hartviksen has nearly two decades of investment management experience and will focus primarily on the firm's high yield bond strategies. She was a global credit investor with demonstrated expertise in industry analysis, single-name credit selection and portfolio management. Ms. Hartviksen was previously a member of the fixed income team at Western Asset Management, where she focused on high yield strategies and fundamental credit analysis.

We will continue to monitor updates on the Trimark Fixed Income team and provide updates as necessary.

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