New funds offer investors greater tax flexibility

Sun Life Global Investments expands product lineup with new corporate class funds

TORONTO, Aug. 1, 2013 /CNW/ - Sun Life Global Investments launched corporate class funds today, a tax-efficient solution for non-registered assets. The new funds give investors the ability to rebalance their portfolio without immediate tax consequences.

"We are excited to expand our suite of investments with the introduction of corporate class funds," said Rick Headrick, President, Sun Life Global Investments. "Our priority is to ensure investors have access to a wide range of options to meet their savings goals and objectives."

Tax implications may leave investors hesitant to make portfolio adjustments in response to market conditions or changing life stages. Sun Life Global Investments' corporate class funds allow for tax-deferred switching¹, which can lead to more tax-efficient asset growth.

"Investors are looking for ways to build and protect their wealth," said Sadiq S. Adatia, Chief Investment Officer, Sun Life Global Investments. "Corporate class funds give investors the ability to rebalance their portfolios without triggering immediate tax consequences. In today's environment of slow economic growth and low interest rates, tax-efficient growth means more of an investor's capital may remain invested and benefit from compounding over time."

Sun Life Global Investments' corporate class lineup consists of 17 funds, each managed by a diverse, world class team of fund managers:

Sun Life BlackRock Canadian Balanced Class
Sun Life BlackRock Canadian Equity Class
Sun Life BlackRock Canadian Composite Equity Class
Sun Life Dynamic Equity Income Class
Sun Life Dynamic Strategic Yield Class
Sun Life Money Market Class
Sun Life MFS Dividend Income Class
Sun Life MFS Canadian Equity Class
Sun Life MFS U.S. Growth Class
Sun Life MFS Global Growth Class
Sun Life MFS International Growth Class
Sun Life Sentry Value Class

Sun Life Granite Managed Class:
Sun Life Managed Conservative Class
Sun Life Managed Moderate Class
Sun Life Managed Balanced Class
Sun Life Managed Balanced Growth Class
Sun Life Managed Growth Class

Visit www.sunlifeglobalinvestments.com for more information about each fund.

About Sun Life Global Investments (Canada) Inc.

Sun Life Global Investments (Canada) Inc. brings 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. With a focus on risk management, our rigorous selection and monitoring process provides access to leading asset managers who use insight and innovation to manage high quality investment solutions for Canadian investors. For more information, visit: www.sunlifeglobalinvestments.com.

About Sun Life Financial

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial and its partners have operations in key 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, 2013 the Sun Life Financial group of companies had total assets under management of $571 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.

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¹ Tax-deferred switching is only applicable when funds remain invested within the same corporate entity.

 

SOURCE: Sun Life Financial Inc.