Video: Rick Headrick, President, Sun Life Global Investments discusses the 2015 Investor Sentiment Report.
Sun Life Global Investments finds that when it comes to investing,
Canadians are cautious
TORONTO, Sept. 24, 2015 /CNW/ - Four in five Canadian investors (82%)
believe the domestic economy will grow by two per cent or less in 2016,
according to the 2015 Investor Sentiment Report by Sun Life Global Investments. Looking further out, just one-third of
Canadians have an optimistic view of the domestic economy over the next
"We're not surprised by the lukewarm response - it lines up with our
view on Canada which has been negative for quite some time," says Sadiq
S. Adatia, Chief Investment Officer of Sun Life Global Investments.
"Low oil prices continue to be a significant challenge to the Canadian
When it came to their own personal finances, Canadians are more
optimistic. More than half (52%) stated they are either very optimistic
(14%) or somewhat optimistic (38%) about their financial future over
the next five years.
"Despite having low to moderate expectations about the domestic economy,
Canadians continue to invest at home. They told us that only 12 per
cent of their portfolio, on average, is invested outside of Canada and
only 16 per cent of respondents say they plan to invest more in foreign
assets in the next year. This finding underscores the importance of
investors sitting down with an advisor to ensure their portfolios are
effectively positioned," says Rick Headrick, President, Sun Life Global
The survey also suggests Canadian investors are conservatively
positioned. Survey respondents said 25 per cent of their assets are
held in cash, on average.
The Investor Sentiment Report was conducted by Sun Life Global
Investments to better understand the investing habits and attitudes of
Canadians to help meet their needs.
For more key findings and results on the 2015 Investor Sentiment Report,
visit www.sunlifeglobalinvestments.com/InvestorSentimentInsights. For more information on investment opportunities, visit www.sunlifeglobalinvestments.com.
About the survey
An Ipsos Reid poll was conducted on behalf of Sun Life Global
Investments (Canada) Inc. between July 20 and August 8, 2015.
For this survey, Ipsos Reid conducted online interviews with a sample of
1,502 Canadians from 25 to 80 years of age from the Ipsos Canadian
panel. Weighting was employed to balance demographics to ensure that
the sample composition reflects that of the adult population according
to census data and to provide results intended to approximate the
sample universe. The data is also weighted to reflect total household
investment assets by the age of the major income earner based on a
special tabulation from the Statistics Canada Survey of Financial
The precision of Ipsos online surveys is measured using a credibility
interval. In this case, the survey is accurate to within + 2.9% 19
times in 20 had all Canadian adults been polled. All sample surveys and
polls may be subject to other sources of error, including, but not
limited to methodological change, coverage error and measurement error.
About Sun Life Global Investments (Canada) Inc.
Sun Life Global Investments offers Canadians a diverse line-up 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 $11 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
Celebrating 150 years in 2015, 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 and its partners have
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 June 30, 2015, the Sun Life Financial group of
companies had total assets under management of $808 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.
Note to Editors: All figures in Canadian dollars.
SOURCE Sun Life Global Investments (Canada) Inc.
Video with caption: "Video: Rick Headrick, President, Sun Life Global Investments
discusses the 2015 Investor Sentiment Report. ". Video available at: http://stream1.newswire.ca/cgi-bin/playback.cgi?file=20150924_C9868_VIDEO_EN_44252.mp4&posterurl=http://photos.newswire.ca/images/20150924_C9868_PHOTO_EN_44252.jpg&clientName=Sun%20Life%20Global%20Investments%20%28Canada%29%20Inc%2E&caption=Video%3A%20Rick%20Headrick%2C%20President%2C%20Sun%20Life%20Global%20Investments%0D%0Adiscusses%20the%202015%20Investor%20Sentiment%20Report%2E%20&title=SUN%20LIFE%20GLOBAL%20INVESTMENTS%20%28CANADA%29%20INC%2E%20%2D%20Only%20one%2Dthird%20of%20Canadians%20are%20optimistic%20about%20the%20economy&headline=Only%20one%2Dthird%20of%20Canadians%20are%20optimistic%20about%20the%20economy
Image with caption: "Investor Sentiment Infographic by Sun Life Global Investments (CNW Group/Sun Life Global Investments (Canada) Inc.)". Image available at: http://photos.newswire.ca/images/download/20150924_C9868_PHOTO_EN_44251.jpg
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