2018

October 29, 2018

Addition of Two New Multi-Manager Funds to the Core Investment Platform

Sun Life is pleased to announce the addition of two new Multi-Manager funds to the core investment platform:

  • Sun Life Multi-Strategy Canadian Equity Fund
  • Sun Life Multi-Strategy Global Equity Fund

Sun Life Global Investments (SLGI) is the investment manager of the funds, and is responsible for the selection and monitoring of the underlying funds. The funds were launched on September 1, 2018 and are available to plan sponsors. These funds are also part of our newly-launched Sun Life DC Outsourced Plus solution. Additionally, these funds will also be added to the Group Choices Savings Plan.

The target composition and current underlying managers of the funds are as follows:

Sun Life Multi-Strategy Canadian Equity

Style

Target Allocation

BlackRock Canadian Equity Index

Passive

30%

Beutel Goodman Fundamental Canadian Equity

Active – value

25%

CC&L Group Canadian Q Growth

Active – growth

25%

MFS Canadian Equity

Active – core

20%

 

 

100%

 

Sun Life Multi-Strategy Global Equity

Style

Target Allocation

BlackRock Global Equity Index

Passive

40%

Sun Life MFS US Growth1

Active - Growth

10%

Sun Life JPMorgan International Equity

Active – Unconstrained

40%

Sun Life Schroder Global Mid Cap

Active - Small / Mid Cap

0%

Sun Life Schroder Emerging Markets

Active

10%

 

 

100%

1 Sun Life MFS US Value may also be used, as market conditions warrant.

Similar to the tactical asset allocation strategies used in their Granite target date and target risk fund solutions, SLGI actively monitors economic indicators, market fluctuations and market outlooks. As such, SLGI may change the underlying investment managers and allocations over time (and within preset guidelines) to take advantage of attractive opportunities or to preserve capital. 

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