The Sun Life Milestone Funds can help provide a powerful shield against the impact of market volatility. We are making this change to enhance return consistency relative to the broad global bond benchmark. We’ll post a message outlining the changes and potential tax impacts on mySunLife.ca. The Granite 2020 Funds’ asset mix will stop evolving and will become identical to the Granite Retirement Fund in June 2020. Organizational changes at Bentall Kennedy – May 8, 2017. We’re here to support you through COVID-19. Available in Target Date, Multi-Risk Target Date, Target Risk and Income … Enhancements to our Granite series of funds. In the Sun Life Granite Target Risk Funds, we are adding a bottom up, core plus mandate, broadening our opportunity set in Canadian bonds. Sun Life Global Investments is a trade name of SLGI Asset Management Inc., Sun Life Assurance Company of Canada, and Sun Life Financial Trust Inc. SLGI Asset Management Inc. is the investment manager of the Sun Life Mutual Funds, Sun Life Granite Managed Solutions and Sun Life Private Investment Pools. At that time, plan sponsors will no longer be able to add the Granite 2020 Funds to their line-ups. You or your plan members do not need to take any action at this time. No assurance or gurantee is made that any target return or volatility target can or will be achieved. The members must report capital gains or losses, if any, on their tax return in the year their assets are moved. These are target-date funds that mature in 2035 or earlier and after 2030. Sun Life Granite 2020 Fund and Sun Life Milestone 2020 Fund are closed to new purchases.Sun Life Granite 2025 Fund and Sun Life Milestone 2025 Fund, DSC option is closed to new purchases as of July 1, 2018… *All investment solutions are offered as segregated funds for group retirement plans exclusively by Sun Life Assurance Company of Canada, through Sun Life Group Retirement Services, a member of the Sun Life group of companies. Closer to the merger date, we’ll provide you and your plan members with further information as to any possible tax and other consequences that may occur as a result of the fund merger. The Sun Life Granite funds are a suite of multi-manager solutions designed to help plan members save for their retirement. In our annual review, we conduct extensive research to find ways to enhance our Granite suite of products. Financial markets continue to evolve. Sun Life Global Investments (SLGI) has announced an update to the maturity process for the Sun Life Granite® 2020 Target Date and Multi-Risk Target Date Segregated Funds (“Granite 2020 Funds”). Sun Life Financial Granite Target Risk series of funds (Granite Target Risk funds). Plan members with money invested in the Granite 2020 Funds as part of a non-registered plan should consider the tax impact the merger may have on their particular situation. We’ll redirect members’ contribution instructions for the Granite 2020 Funds to the Granite Retirement Fund. These are target date funds that mature after 2035. In this way, we seek to optimize the Funds’ risk-adjusted returns, while remaining consistent with our overall objective and philosophy. contributions or transfers-in). While similar to traditional target date funds, these funds offer investors a multi-manager … After June 22, 2020, no member contributions will go into the Granite 2020 Funds. ... Fund Series O PH&N LifeTime 2020 Fund Series O RBC Retirement 2020 Portfolio Series A Sun Life 2020 Milestone Portfolio Sun Life Granite 2020 Aggressive Portfolio Sun Life Granite 2020 Conservative Portfolio Sun Life Granite 2020 Moderate Portfolio Sun Life Granite … SLGI manages the asset mix tactically to take advantage of changing market conditions. This allows us to update our investment opportunity set, risk and return assumptions and constraints within the context of an evolving market environment. Sun Life Global Investments (SLGI) has announced an update to the maturity process for the Sun Life Granite® 2020 Target Date and Multi-Risk Target Date Segregated Funds (“Granite 2020 Funds”). 1 Actual fund results will be lower after the deduction of fees and expenses. Sun Life Financial Corp. Monday announced the launch of the Granite series of target date funds. SLGI opted to give plan members with money in the Granite 2020 Funds more flexibility/time for tax planning purposes. The Granite Funds provide exposure to the following asset classes: The series is available with target maturity dates in 5-year intervals (Retirement, 2020, 2025, 2030, 2035, 2040, 2045, 2050, 2055 and 2060). The Granite 2020 Funds will no longer be available for addition to plan sponsor line-ups. At maturity, each fund moves into the Retirement fund. Sun Life Global Investments is a trade name of SLGI Asset Management Inc., Sun Life Assurance Company of Canada, and Sun Life Financial Trust Inc. SLGI Asset Management Inc. is the investment manager of the Sun Life Mutual Funds, Sun Life Granite Managed Solutions and Sun Life … The Granite Retirement Fund is the most conservative fund in the Granite series of target date funds. It’s also the only Granite Fund that maintains a near-consistent investment mix over time. Here is a list of the impacted funds: Sun Life Granite 2020… The fund strives to achieve a return of 5-6% per annum over the course of a full business cycle, typically 3 to 5 years (before the deduction of management fees and expenses)1. We are changing our exposure to Global Fixed Income within the Fund from Templeton Global Bond Fund to the Sun Life Opportunistic Fixed Income Private Pool, sub-advised by Wellington Management Canada ULC, a subsidiary of Wellington Investment Advisors Holdings LLP (“Wellington”). 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). These are target-date funds that mature in 2020 or earlier. These are target-date funds that mature in 2025 or earlier and after 2020. The Granite Multi-Risk Target Date Funds offer three distinct glidepaths based on risk tolerance: Conservative, Moderate and Aggressive. By signing in, you agree to these terms and conditions. The Granite Moderate glidepath is also the glidepath for the Sun Life Financial Granite Target Date Segregated Funds. This enhancement is not applicable to Sun Life Granite Target Date series of Funds because they already offer broad credit exposure through the Sun Life Private Fixed Income Plus and Canadian Commercial Mortgage Funds (sub-advised by Sun Life Capital Management (Canada) Inc.). It will take some time to update our websites, materials and forms and until that is complete, all references to Sun Life … Following the 2020 … Morningstar Financial Research conducts Analysis on Markets, Mutual Fund, Stocks and ETFs through Investment Data and News. All rights reserved. Canadian Investment Funds Standards Committee(CIFSC) ... O RBC Retirement 2025 Portfolio Series A RBC Target 2025 Education Fund Series A Sun Life 2025 Milestone Portfolio Sun Life Granite 2025 Portfolio Sun Life Milestone 2025 Fund Series A Vanguard Target … It invests approximately 35% of its assets in stocks and around 65% in bonds. We are making this change to enhance expected risk-adjusted returns and diversification. Each spring, Sun Life Global Investments (SLGI) formally reviews the long-term strategic target allocations for the Sun Life Granite Series of Target Date Funds, Sun Life Granite Series of Multi-Risk Target Date Funds and Sun Life Granite Target Risk Funds. It will take some time to update our websites, materials and forms and until that is complete, all references to Sun Life … 2 The 2060 maturity funds were added July 2, 2019. This content is intended for Institutional Investors Only (Plan Sponsors, Consultants & Group Advisors). This mandate is sub-advised by Sun Life Capital Management (Canada) Inc. We are making the above change to enhance inflation and credit awareness; holding inflation-linked bonds opportunistically, can help preserve capital at different points in the economic cycle. There are no tax implications for money held in registered plans. Each fund gets more conservative as it moves closer to its maturity. At that time: Plan members can keep their money in the Granite 2020 Funds until June 2024. Target Date to Retirement Select from this group of funds if you would like to invest in a help me do it portfolio that matches your investment time horizon. We do this to provide long-term value for investors. We are changing our manager allocation within international equities as shown below: We have made the above changes to enhance manager diversification across the portfolio building blocks. We regularly assess risks and opportunities in our portfolio construction. 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