2018

August 27, 2018

Addition of Sun Life Core Fixed Income Plus and Sun Life Long Term Core Fixed Income Plus to the Core Investment Platform

As the leading provider of Group Retirement Services in Canada, we're continually working to enhance our Core investment platform with funds that meet the needs of our diverse plan sponsors and their plan members.

We are excited to add two funds to our Core investment platform from Sun Life Institutional Investment (Canada) Inc. (“SLIIC”):

  • Sun Life Core Fixed Income Plus (DC and DB investment platform)
  • Sun Life Long Term Core Fixed Income Plus (DB investment platform only)

About the funds 

Sun Life Core Fixed Income Plus
The fund seeks to achieve total return by providing income while preserving capital over the medium term, by investing primarily in a diverse portfolio of public fixed income assets through the Sun Life Core Fixed Income Fund. 

Sun Life Long Term Core Fixed Income Plus
The fund seeks to achieve total return by providing income while preserving capital over the long term, by investing primarily in a diverse portfolio of public fixed income assets through the Sun Life Long Term Core Fixed Income Fund.

The funds invest in both public and private fixed income investments. They can invest up to 20% in one or more of the following SLIIC private funds:

  • Sun Life Private Fixed Income Plus Fund
  • Sun Life Long Term Private Fixed Income Plus Fund
  • Sun Life Canadian Commercial Mortgage Fund

Both funds target a return of 0.50% over their respective benchmarks (FTSE TMX Canada Universe and FTSE TMX Canada Long Term Overall), on a four-year rolling basis. They are designed to be liquid, daily-traded fund. The funds do not invest in emerging market debt or high yield strategies. In managing these funds, SLIIC leverages their global public credit platform, private fixed income, and commercial mortgages capabilities.

About Sun Life Institutional Investments (Canada) Inc.
SLIIC offers private asset class pooled funds, public fixed income strategies and liability driven investment (LDI) strategies for defined benefit pension plans, insurance companies and other institutional investors in Canada. SLIIC leverages the investment expertise of the 200+ investment professionals that manage Sun Life Financial’s own General Account, with assets under management of $146 billion as of March 31, 2018.

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