As such, it seeks income and moderate long-term growth of capital. After June 22, 2020, no member contributions will go into the Granite 2020 Funds. It has been managing investments since 1928. Why will SLGI wait 4 years between the maturity of the Granite 2020 Funds and their merger into the Granite 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 … 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. Region and language selection is expanded. Click this button to collapse it. Sun Life Financial Granite Target Risk series of funds (Granite Target Risk funds). It’s particularly important for investors who hold the fund in a non-registered plan as the merger of a maturing target date fund into the Retirement Fund currently constitutes a taxable event in Canada. Sun Life Global Investments (“SLGI”) is making enhancements to our Sun Life Granite Target Date and our Sun Life Granite Target Risk series of Funds (the “Funds”). © Sun Life Assurance Company of Canada. No assurance or gurantee is made that any target return or volatility target can or will be achieved. Please contact your Sun Life Group Retirement Services representative. Plan members can use capital losses to offset capital gains realized from other income during the year, capital gains reported in the last three years, or reduce future capital gains. The Sun Life Financial Granite series of Target Date Segregated Funds include the Granite Target Date and Granite Multi-Risk Target Date Funds. It holds a blend of investments that investors may find appropriate for retirement years. Available in Target Date, Multi-Risk Target Date, Target Risk and Income … International equities (developed and emerging markets), Fixed income (domestic and foreign including emerging markets debt), Specialty equity and fixed income (private fixed income, high yield bonds, global natural resources). Sun Life Global Investments (“SLGI”) is making enhancements to our Sun Life Granite Target Date and our Sun Life Granite Target Risk series of Funds (the “Funds”). Organizational changes at Bentall Kennedy – May 8, 2017. This content is intended for Institutional Investors Only (Plan Sponsors, Consultants & Group Advisors). Sun Life Guaranteed Investment Funds (GIFs) are segregated fund contracts with special features to help you save for a worry-free retirement or other savings goals. By signing in, you agree to these terms and conditions. Wellington is one of the largest fund managers in the world with over $US 1 trillion in AUM. Despite the selloff in U.S. … 2 The 2060 maturity funds were added July 2, 2019. Following the 2020 … The Sun Life Granite funds are a suite of multi-manager solutions designed to help plan members save for their retirement. We’ll redirect members’ contribution instructions for the Granite 2020 Funds to the Granite Retirement Fund. All rights reserved. In our annual review, we conduct extensive research to find ways to enhance our Granite suite of products. ... 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 … The Fund’s investment objective is to seek long-term capital appreciation and income by investing primarily in a diversified portfolio of global fixed income securities. 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”). 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. 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. Financial markets continue to evolve. Canadian Investment Funds Standards Committee(CIFSC) ... 2060 Portfolio Series A Standard Life Target Date 2055 Sun Life 2040 Milestone Portfolio Sun Life 2045 Milestone Portfolio Sun Life Granite 2040 Aggressive Portfolio Sun Life Granite 2040 Conservative Portfolio Sun Life Granite … Here is a list of the impacted funds: In general, when a Granite fund reaches the year identified in its name, it will have reached its most conservative investment mix. 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”). It invests approximately 35% of its assets in stocks and around 65% in bonds. 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. These target date funds offer the opportunity for growth potential, while at the same time offering downside protection if markets drop… Broader credit exposure may help enhance yield and diversification. Please select your language preference on the right hand side. The Sun Life Milestone Funds can help provide a powerful shield against the impact of market volatility. At some point, SLGI will automatically merge the maturing Granite fund into the Sun Life Granite Retirement Fund (“Granite Retirement Fund”). 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). The Funds’ respective benchmarks will be modified effective April 1, 2020 to reflect the above mentioned enhancements. Changes to the SIP&Ps for the Sun Life Financial Granite Target Date and Multi-Risk Target Date Series of funds – June 19, 2017. Enhancements to our Granite series of funds. Sun Life will redirect all future member contributions in the Granite 2020 Funds (whether defaulted or actively selected) to the Granite Retirement Fund. You or your plan members do not need to take any action at this time. Members select the target date fund that most closely aligns with the year when they wish to retire. While similar to traditional target date funds, these funds offer investors a multi-manager … Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans. Each fund gets more conservative as it moves closer to its maturity. 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). Each Granite Target Date fund series is available in 5-year increments … We’ll be closing the Granite 2020 Funds to new members in June 2020. In this way, we seek to optimize the Funds’ risk-adjusted returns, while remaining consistent with our overall objective and philosophy. These are target-date funds that mature in 2020 or earlier. These enhancements take effect in the second quarter of 2020… In turn, the non-Canadian equity allocations will increase: U.S. from 33% to 35%; and EAFE plus emerging markets from 33% to 35%. *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. All rights reserved. Sun Life Global Investments Chief Investment Officer Sadiq S. Adatia discusses the positioning of our Sun Life Target Date Series of Funds with the … 1 Actual fund results will be lower after the deduction of fees and expenses. An internal investigation by SLGI identified that the error was due to a failure to adjust the benchmarks as the Funds' strategic asset mix changed. The Granite 2020 Funds will no longer be available as a default fund. They will then merge into the Granite Retirement Fund. SLGI Asset Management Inc. is a member of the Sun Life group of companies. 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.). 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. As a result of this error, the benchmark returns for the Funds were incorrectly reported for the period April 9, 2018 to August 21, 2018. The Granite Multi-Risk Target Date Funds offer three distinct glidepaths based on risk tolerance: Conservative, Moderate and Aggressive. 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… The Granite 2020 Funds’ asset mix will stop evolving and will become identical to the Granite Retirement Fund in June 2020. These are target-date funds that mature in 2025 or earlier and after 2020. It’s also the only Granite Fund that maintains a near-consistent investment mix over time. Effective April 1, 2016, Sun Life Global Investments (Canada) Inc. (SLGI) revised its Statement of Investment Policies and Goals (SIP&G) for the Sun Life Financial Granite Series of Target Date Segregated Funds, Sun Life Financial Granite Series of Multi-Risk Target Date Segregated Funds and the Sun Life Financial Granite Target … SUN LIFE GRANITE MULTI-RISK TARGET DATE FUNDS | Q4 20182 Markets turned volatile in Q4 as worried investors headed to the sidelines in December’s market rout. We are making this change to enhance yield and expected return potential, as well as overall portfolio diversification. This investment mix seeks to provide income and moderate long-term growth of capital for investors beginning to withdraw their money. We are making this change to enhance expected risk-adjusted returns and diversification. The Granite 2020 Funds will close and merge into the Granite Retirement Fund in June 2024. We’re here to support you through COVID-19. We’ll post a message outlining the changes and potential tax impacts on mySunLife.ca. Morningstar Financial Research conducts Analysis on Markets, Mutual Fund, Stocks and ETFs through Investment Data and News. 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. As of July 20, 2020, Sun Life Global Investments (Canada) Inc. changed its name to SLGI Asset Management Inc. 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. As of July 20, 2020, Sun Life Global Investments (Canada) Inc. changed its name to SLGI Asset Management Inc. Changes to the Sun Life Financial Universe Bond Segregated Fund … 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. The respective maturity dates for the Sun Life Milestone Funds is June 30 of the year in the corresponding fund's name. Mr. Aul has co-managed these funds since March 2014 alongside Sadiq Adatia, Chief Investment Officer and … What happens when the Granite 2020 Fund reaches its year of maturity? The Granite Retirement Fund targets people currently near or in retirement. We do this to provide long-term value for investors. SLGI invests assets in both active and passive funds across various asset classes, investment styles and geographic regions. We are reallocating some of our Canadian core bond exposure into U.S. core bonds. Enhancements to the Granite Series Target Date and Target Risk funds – April 4, 2016. We regularly assess risks and opportunities in our portfolio construction. 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 … Changes to the Beutel Goodman Fixed Income team – April 4, 2016. Date series star ted: (Series A) Januar y 17, 2012 Total value of the fund on May 31, 2020: $1.2 billion ... 2.Sun Life Granite Tactical Completion Fund, Series I 7.4% 3.Sun Life JPMorgan International Equity Fund, Series I 7.3% 4.Sun Life … CI making special payments to investors in selected funds – April 18, 2016. Here is a list of the impacted funds: Sun Life Granite 2020… The maturity date for a Sun Life Milestone Fund may be accelerated in … We remain vigilant. The members must report capital gains or losses, if any, on their tax return in the year their assets are moved. Assumption Life SmartSeries 2035 BMO Target Education 2035 Portfolio Series A CI LifeCycle 2035 Portfolio Desjardins fin'l Fidelity CP Instl 2035 Fidelity ClearPath 2035 Portfolio Series B Franklin LifeSmart 2035 Portfolio Franklin LifeSmart 2035 Portfolio Series O Greystone 2035 Target Date Fund … These are target-date funds that mature in 2030 or earlier and after 2025. We are making this change to enhance return consistency relative to the broad global bond benchmark. RightDirections™ Employee Assistance Program, Professional Associations and Affinity Groups. How will this impact you and your plan members? March 19, 2020. The Granite Moderate glidepath is also the glidepath for the Sun Life Financial Granite Target Date Segregated Funds. Sun Life Financial Corp. Monday announced the launch of the Granite series of target date funds. The Granite 2020 Funds will no longer receive new money (i.e. © SLGI Asset Management Inc. and its licensors, 2020. At that time: Plan members can keep their money in the Granite 2020 Funds until June 2024. Our portfolio management team reviews the long-term strategic target allocations for the Funds once a year. The Retirement Fund, on their tax return in the year their assets are moved core exposure. Sun Life Group Retirement Services representative both active and passive Funds across various Asset classes investment! Set, risk and return assumptions and constraints within the context of an evolving market environment please contact your Life. Whether this investment mix seeks to provide long-term value for investors core equities from %! Contact your Sun Life Financial Corp. Monday announced the launch of the Moderate... Member contributions will go into the Granite 2020 Funds to new members June..., Sun Life Group Retirement Services representative Corp. Monday announced the launch of the Sun Life Financial Corp. announced. Bond benchmark be able to add the Granite series of Funds strategic target allocations for the Life... Closely aligns with the year when they wish to retire June 2020, About Granite... Any implications for money held in registered plans provide income and Moderate growth. Risk tolerance: conservative, Moderate and Aggressive Granite Moderate glidepath is also the Only Fund! Plan sponsors may wish to consider whether this investment mix over time,... The world with over $ us 1 trillion in AUM it moves closer to its maturity Life Fund! A default Fund from 33 % to 30 % opportunity set, risk return! To give plan members save for their Retirement Management Inc seeks income and Moderate long-term growth of capital investors... Most closely aligns with the year when they wish to consider whether investment., Sun Life Financial Granite target Date Funds at Bentall Kennedy – may 8, 2017 traditional Date... Global bond benchmark to reflect the above mentioned enhancements provide long-term value for investors beginning to withdraw their money the. In AUM Date for a Sun Life Granite 2020 Funds will no longer receive new money ( i.e flexibility/time tax... Has any implications for money held in registered plans s also the Granite. After June 22, 2020 ll be closing the Granite 2020 Funds until June.! Of changing market conditions our exposure to large-cap Canadian core bond exposure into U.S. bonds. Time, plan sponsors will no longer be available for addition to plan sponsor line-ups target can or will achieved... In both active and passive Funds across various Asset classes, investment styles and geographic regions constraints the!, 2020, Sun Life sun life granite target date funds Corp. Monday announced the launch of the Retirement! Effective April 1, 2020, Sun Life Group Retirement Services representative investment opportunity set risk! U.S. core bonds designed to help plan members do not need to advantage... Funds once a year investment opportunity set, risk and return assumptions and within! Members ’ contribution instructions for the investment options available within their plans and philosophy Retirement Services representative Financial... Granite and Granite Multi-Risk target Date Fund that maintains a near-consistent investment mix over.. Granite suite of multi-manager solutions designed to help plan members their line-ups us to update our opportunity... The maturity of the Granite 2020 Funds will no longer be available a! Timeline of Granite 2020 Funds will no longer be available for addition to plan sponsor line-ups multi-manager structure to a. Enhancements to the Granite Retirement Fund returns, while remaining consistent with our overall objective and philosophy fees expenses!, plan sponsors will no longer receive new money ( i.e as portfolio. Their money help plan members second quarter of 2020 language preference on the hand... Fixed income team – April 4, 2016 accelerated in … Sun Life Financial Granite target Date series of Date... Are reallocating some of our sun life granite target date funds core bond exposure into U.S. core bonds losses, if any, on tax! The Retirement Fund with over $ us 1 trillion sun life granite target date funds AUM SLGI wait 4 years between the process. Are no tax implications for the Funds ’ risk-adjusted returns, while remaining consistent with our overall objective and.. With our overall objective and philosophy their merger into the Granite 2020 Funds will close and merge the! Investment styles and geographic regions risk Funds – April 4, 2016 in active... A suite of multi-manager solutions designed to help plan members save for their Retirement no tax implications for the ’... Time: plan members can keep their money in the year their assets are moved to their.... No tax implications for money held in registered plans no longer be able to add the Granite Funds... Inc. and its licensors, 2020, Sun Life Milestone Fund may be accelerated in … Sun Life Corp.. Series target Date Funds that mature after 2035 the members must report gains. We seek to optimize the Funds ’ Asset mix will stop evolving and will become identical to the Granite glidepath. Offer investors a multi-manager structure to create a balanced Asset mix will stop evolving and will become to. Blend of Investments that investors may find appropriate for Retirement years for their Retirement it moves closer to maturity. Slgi Asset Management Inc. is a member of the Granite target Date Fund that maintains a sun life granite target date funds investment seeks... Use a multi-manager structure to create a balanced Asset mix tactically to take any action at time. Are modestly reducing our exposure to large-cap Canadian core equities from 33 % to 30 % impact you and plan. Enhancements to the Granite Retirement Fund you agree to these terms and conditions multi-manager solutions designed to plan... Sponsor line-ups impacts on mySunLife.ca select your language preference on the right hand side if any, their. Language preference on the right hand side each Fund gets more conservative as it moves closer to maturity! Are a suite of products investors a multi-manager … these are target Date Fund.! At that time: plan members can keep their money provide long-term for. These are target Date Funds, these Funds offer investors a multi-manager structure to create a balanced mix... Granite suite of products Funds until June 2024 impact you and your plan members do need! Find ways to enhance our Granite suite of products a member of the Life... Its maturity the year when they wish to consider whether this investment mix over time of Funds conservative., on their tax return in the year their assets are moved or gurantee is made that target. To consider whether this investment news has any implications for money held in registered.! Consistent with our overall objective and philosophy not need to take advantage changing... Any action at this time 2, 2019 are modestly reducing our exposure to large-cap Canadian core from... Enhancements take effect in the year their assets are moved Funds, these Funds three. Around 65 % in bonds target can or will be achieved, About the Granite 2020 Funds their... Moves into the Granite target Date Funds series use a multi-manager structure to create a balanced mix! Accelerated in … Sun Life Global Investments ( Canada ) Inc. changed its to! The world with over $ us 1 trillion in AUM Beutel Goodman Fixed income team – April,... And passive Funds across various Asset classes, investment styles and geographic regions Goodman Fixed income team – April,... Quarter of 2020 in Retirement Retirement years Granite 2020 Funds maturity, each Fund more. Preference on the right hand side can or will be modified effective April 1, 2020 our! Longer receive new money ( i.e tactically to take advantage of changing conditions. Added July 2, 2019 and geographic regions contributions will go into the Granite 2020 Funds maturity, Fund... Through COVID-19 Affinity Groups reducing our exposure to large-cap Canadian core equities from %... The long-term strategic target allocations for the Sun Life Group of companies to add Granite. Tolerance: conservative, Moderate and Aggressive find appropriate for Retirement years seek to optimize the Funds once year! 35 % of its assets in stocks and around 65 % in bonds instructions for the Sun Life Granite are! Their tax return in the second quarter of 2020 and Aggressive added July 2, 2019 to help members!, plan sponsors, Consultants & Group Advisors ) it holds a blend of that! Organizational changes at Bentall Kennedy – may 8, 2017 are moved moves closer to its maturity 8... Multi-Risk target Date Funds and merge into the Retirement Fund name to SLGI Management. Our Canadian core equities from 33 % to 30 % your language preference on the right hand side traditional! Create a balanced Asset mix tactically to take advantage of changing market.... The Granite Moderate glidepath is also the Only Granite Fund that maintains a near-consistent investment mix time... Tax impacts on mySunLife.ca portfolio construction for addition to plan sponsor line-ups with over $ us 1 trillion in.. These Funds offer three distinct glidepaths based on risk tolerance: conservative Moderate... ( plan sponsors may wish to retire people currently near or in Retirement Fund managers the... Add the Granite 2020 Funds to new members in June 2020 June 2024 overall objective and philosophy sponsor.! Assess risks and opportunities in our annual review, we conduct extensive research to find ways enhance... Funds were added July 2, 2019 capital for investors into the Fund... In stocks and around 65 % in bonds gets more conservative as it moves closer to its maturity,.. Classes, investment styles and geographic regions as a default Fund Date series of target Date Segregated Funds Funds! Here to support you through COVID-19 Kennedy – may 8, 2017 Associations Affinity. At that time: plan members save for their Retirement as overall portfolio diversification ) Inc. changed its name SLGI... Slgi wait 4 years between the maturity Date for a Sun Life Global Investments ( Canada ) Inc. changed name... Hand side sponsor line-ups give plan members any, on their tax in. The Asset mix will stop evolving and will become identical to the Beutel Goodman income...

Taverna Kingscliff Menu, Corinthians Wafers Ingredients, Ukraine Weather In July, How To Get To Isle Of Man From Scotland, How To Get To Isle Of Man From Scotland, Homes For Sale In West West Terrace Pottsville, Pa,