Closure of WindWise Canadian Managed Volatility Segregated Fund

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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 Group Retirement Services (GRS) regularly reviews the Core investment platform in response to Client interest and evolving fund offerings in the market.

Effective immediately, Sun Life will no longer offer the WindWise Canadian Managed Volatility Segregated Fund (the Fund) as part of the Core investment platform. We’ll close the Fund by March 31, 2025. We’ll continue to conduct governance activities on the Fund and members’ contributions may continue until its closure.

We removed the Fund due to lack of client interest (and assets) in the Fund since we made it available in the fall of 2019.

Questions?

Please contact your Sun Life Group Retirement Services representative.