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.
