With Prospr by Sun Life, you can start investing for as little as $50 a month, or a one-time investment of $500.
Sun Life Granite Target Income Portfolios are designed for investors who want to generate monthly income while still preserving the opportunity for their investment to grow. Here's why they stand out:
Receive monthly income through targeted monthly distributions that can provide a regular flow of income.
- Plan your budget with confidence knowing when to expect cash flow
Strategic diversification: through a blend of income-focused and equity mutual funds to help generate returns while managing risk.
- Help reduce your exposure by spreading investments across multiple asset classes
Experienced management bringing you a carefully selected mix of fixed income and equity mutual funds, exchange-traded mutual funds, and other income-producing securities to help optimize your income stream.
- Benefit from professional oversight and active portfolio management
Flexibility and stability ideal for investors seeking regular income without sacrificing the potential for some growth.
- Adapt your strategy as your financial goals evolve over time
Two Target Income Portfolios – to generate investment income
Designed to generate investment income, each portfolio pays a targeted monthly distribution. As the level of target investment income increases, so does the level of risk.
| Income | Enhanced Income |
|---|---|
 |  |
Strategic allocation: 40% Equity I 60% Fixed Income | Strategic allocation: 50% Equity I 50% Fixed Income |
Focus: Regular income through monthly distributions. | Focus: Regular income through monthly distributions. |
What are income funds?
An income fund is an investment vehicle designed to generate regular income for investors. Income funds prioritize steady returns through interest, dividends, and distributions from a diversified mix of securities. This approach helps balance the need for current income with long-term growth prospects.
Is a Granite Target Income Portfolio right for you?
Sun Life Granite Target Income Portfolios can be a good fit for several types of investors:
Retirees and Pre-Retirees could consider an income fund to supplement their retirement savings with regular income. Such a fund can generate income during retirement while still offering potential for some investment growth.
Risk-averse investors looking for stability may benefit from the balanced approach of income fund, helping to protect and grow their capital while still earning returns.
Why choose a Granite Target Income Portfolio?
Manage Risk : Manage volatility by investing in a variety of assets across different sectors and markets
Steady income generation: Create a reliable income stream to support your lifestyle or financial goals
Professional management: Access institutional-quality investment strategies and ongoing portfolio optimization
Ready to Get Started?
With Granite Target Income Portfolios, you can relax knowing your investment is working hard to help deliver the consistent income you deserve.
Frequently asked questions
Distributions are paid monthly or about, last business or trading day.
Unless you ask to receive your distributions in cash, they will automatically be reinvested in your chosen fund.
Prospr by Sun Life is the principal distributor of Series P mutual funds. Prospr conducts due diligence on SLGI Asset Management Inc. Series P mutual funds to ensure that these funds are suitable for the range of Clients holding accounts with Prospr. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the fund's prospectus for more information. Prospr advisors will only make recommendations to you that they consider suitable. Prospr advisors are not incented to make recommendations for one mutual fund over another. If you require additional investment options, Prospr can connect you to an advisor from Sun Life’s full-service, independent advisor channel.
Sun Life Granite Managed Solutions invest in mutual funds and/or exchange-traded funds (ETFs). Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. For periods greater than one year, the indicated rates of return are the historical annual compounded total returns as of the date indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Distributions should not be confused with "yield" or "income", and are not intended to reflect a fund's investment performance or rate of return. Distributions may be comprised of income, capital gains or return of capital. The distribution rate on units held by an investor may be greater than the return on the fund's investments. If the cash distributions paid to an investor are greater than the net increase in the value of the investment, the distribution will erode the value of the original investment. Distributions are automatically reinvested in additional units of the applicable fund unless the investor instructs us to distribute cash.
If necessary, a fund will make an additional distribution of income and capital gains in December of each year. The funds may make additional distributions of income, capital gains or return of capital at any other time as we consider appropriate. A distribution of capital is not immediately taxable to an investor but will reduce the adjusted cost basis of the investor's units.
There can be no assurance that a fund will make any distributions in any particular month, and we reserve the right to adjust the amount of monthly distribution if we consider it appropriate, without notice.