2018

February 01, 2018

MFS Balanced Value Fund Revised Benchmark and Offering Memorandum

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 fund listed below, which is established as a segregated fund in accordance with the Insurance Companies Act (Canada).

Effective October 1, 2017, MFS Investment Management Canada Limited (“MFS”) made changes to a component of the benchmark for the MFS Balanced Value Fund available on the Sun Life Financial Core Investment Platform. 

The MSCI World Value Index (Net Dividends Reinvested) was replaced with the MSCI World Index (Net Dividends Reinvested).  All other aspects of the benchmark and their weightings will remain the same.

The complete benchmark description for the fund is below.

Old Benchmark:

30% S&P/TSX Capped Composite, 30% MSCI World Value Index (Net Dividends Reinvested), 35% FTSE TMX Canada Universe Bond Index and 5% FTSE TMX Canada 91-Day Treasury Bill Index.

New Benchmark:

30% S&P/TSX Capped Composite, 30% MSCI World Index (Net Dividends Reinvested), 35% FTSE TMX Canada Universe Bond Index and 5% FTSE TMX Canada 91-Day Treasury Bill Index.

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

 

A copy of the revised Offering Memorandum is available on Sun Life Financial’s Plan Sponsor Services website at www.sunlife.ca/sponsor. 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.