2019

October 07, 2019

Addition of (SSGA) WindWise Canadian Managed Volatility Segregated Fund to the Core investment platform

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).

Sun Life regularly reviews the Core investment platform in response to client interest and evolving fund offerings in the market.

Effective October 1, 2019, we’re adding the WindWise Canadian Managed Volatility Segregated Fund (“the Fund”) to our Defined Contribution and Defined Benefit Core investment platform. State Street Global Advisors (“SSGA”) is the manager of the Fund and a new investment partner on our platform.

The Fund seeks to provide competitive returns over the long term while maintaining a lower level of risk relative to the broader market, as measured by the S&P/TSX Composite Index. SSGA utilizes a proprietary quantitative investment process to select equity securities with lower volatility compared to the index. SSGA also limits the exposure to each security, sector and industry to achieve the appropriate level of diversification.

The addition of this fund represents our commitment to offering plan sponsors and their members a broad range of investment options, complemented by an industry-leading governance program.

About State Street Global Advisors
SSGA is the investment management division of State Street Corporation with offices in 63 countries. The firm has over C$3.7 trillion in assets under management, including C$47.2 billion from Canadian investors.

What action is required by you and your plan members?
You and your plan members are not impacted by these changes and do not need to take any action. You may consider whether the WindWise Canadian Managed Volatility Segregated Fund would be a suitable addition to your lineup.

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