2018

June 04, 2018

Organizational Changes at Jarislowsky Fraser

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 are established as a segregated fund in accordance with the Insurance Companies Act (Canada).

On February 12, 2018, Jarislowsky Fraser (JF) announced the departure of Dan Hanson, CFA, lead portfolio manager on the JF U.S. Equity Fund and a member of the Investment Strategy Committee (ISC). Mr. Hanson decided to pursue another career opportunity. Mr. Hanson's departure was unrelated to the recent announcement of the acquisition of JF by Scotiabank.

JF named Jeremy Schaal, CFA, as lead portfolio manager on the JF U.S. Equity Fund and a member of the ISC, effective March 31, 2018. Mr. Schaal has worked closely with Mr. Hanson on the U.S. Equity strategy and has 13 years of tenure at JF. Due to the oversight of the ISC on portfolio construction decisions and Mr. Hansen's lack of involvement in security research, we do not believe that his departure will materially impact the strategy.

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