TORONTO, June 2, 2016 /CNW/ - Sun Life Global Investments is partnering
with Aviva Investors to launch the Sun Life Multi-Strategy Target
Return Fund, allowing clients to invest for growth, even during periods
of market instability. The new fund seeks to provide investors with an
average annual gross return of five per cent above the Bank of Canada's
overnight lending rate during a rolling three year period.
"Solutions that are designed to deliver absolute returns are top of mind
for our clients as they look to participate in a variety of market
environments," said Rick Headrick, President, Sun Life Global
Investments. "The multi-strategy approach aims to provide investors
with a more stable investment experience and lower overall fund risk by
managing the volatility that each strategy contributes to the
Sun Life Multi-Strategy Target Return Fund invests in a broad range of
strategies, adopting a dynamic investment approach through which it
seeks to take advantage of both rising and falling markets. Portfolio
managers have the ability to adjust the fund to adapt to the market
environment, ensuring that its main objective is met - specifically,
long-term capital growth through a variety of market conditions.
The partnership with Aviva Investors strengthens Sun Life Global
Investments' commitment to provide clients with investment solutions to
help in today's market.
"In the last few years, we have refocused our business away from
benchmark investing and towards delivering outcomes that really matter
to investors, such as growth and income," said Euan Munro, Chief
Executive, Aviva Investors. "Globally, we have seen huge interest for
our multi-strategy fund platform and we look forward to bringing these
solutions to Canadian investors in collaboration with Sun Life Global
Sun Life Multi-Strategy Target Return Fund will be available through
advisors qualified to sell commodity pools starting June 6, 2016 and to
pension plan sponsors June 15, 2016.
About Sun Life Global Investments (Canada) Inc.
Sun Life Global Investments offers Canadians a diverse lineup of mutual
funds and innovative portfolio solutions, empowering them to pursue
their financial goals at every life stage. We bring together the
strength of one of Canada's most trusted names in financial services
with some of the best asset managers from around the world to deliver a
truly global investment platform. Sun Life Global Investments manages
more than $13 billion on behalf of institutional and retail investors
from coast to coast and is a member of the Sun Life Financial group of
companies. For more information, visit www.sunlifeglobalinvestments.com or connect with us on Twitter @SLGI_Canada.
About Sun Life Financial
Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth
products and services to individuals and corporate customers. Sun Life
Financial has operations in a number of markets worldwide, including
Canada, the United States, the United Kingdom, Ireland, Hong Kong, the
Philippines, Japan, Indonesia, India, China, Australia, Singapore,
Vietnam, Malaysia and Bermuda. As of March 31, 2016, the Sun Life
Financial group of companies had total assets under management of $861
billion. For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under the ticker symbol SLF.
Aviva Investors is the global asset management business of Aviva plc.
The business delivers investment management solutions, services and
client-driven performance to clients worldwide. Aviva Investors
operates in 15 countries in Asia Pacific, Europe, North America and the
United Kingdom with assets under management of £290 billion as at 31
Note to Editors: All figures in Canadian dollars.
Commissions, trailing commissions, management fees and expenses all may
be associated with mutual fund investments. Please read the prospectus
before investing. Mutual funds are not guaranteed, their values change
frequently and past performance may not be repeated.
SOURCE Sun Life Global Investments (Canada) Inc.
For further information:
Sun Life Financial