Addition of Mawer funds to the Sun Life 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 funds listed below, which are established as segregated funds 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 immediately, we have added three funds managed by Mawer Investment Management (“Mawer”) to our DC and DB Core investment platform. Mawer is a new investment partner on our platform.
- Mawer U.S Equity
- Mawer International Equity
- Mawer Global
Mawer Investment Management Ltd. is a privately owned, independent investment firm, headquartered in Calgary, Alberta. Founded in 1974, Mawer has over 150 employees and manages over $60 billion in assets. Mawer is a bottom up, fundamental investment firm that seeks to purchase high-quality companies throughout the entire market capitalization range at a discount to their intrinsic values. Mawer recognizes that markets are reasonably efficient and that there is often a trade-off between quality and return potential.
About Mawer U.S Equity
Mawer U.S Equity aims to provide above-average long-term, risk-adjusted returns from both capital gains and dividend income by investing primarily in equity and equity-related securities of U.S. entities.
About Mawer International Equity
Mawer International Equity seeks to achieve above-average long-term, risk-adjusted returns and to provide diversification of risk by investing primarily in entities outside of Canada and the United States.
About Mawer Global Equity
Mawer Global Equity aims to identify and invest for above-average long-term, risk-adjusted returns in securities of companies around the world, which may include both large and small capitalization companies.
Mawer Canadian Equity and Balanced funds remain closed to new clients in order to manage existing capacity in the funds. As such, we are not adding them to our Core investment platform at this time.
What action is required by you and your plan members?
You and your plan members are not impacted by this change and do not need to take any action. You may consider whether Mawer U.S Equity, Mawer International Equity and Mawer Global Equity would be suitable additions to your lineup.
Please contact your Sun Life Group Retirement Services representative.