Investing in mutual funds such as Sun Life may seem like a challenging task, but doing a little research and knowing your investing goals makes it easier. U.S. equity will go from 33.3% to 35.0%, and international equity plus emerging markets from 33.3% to 35.0%. BlackRock Asset Management Canada Limited (BlackRock) has announced an update to the maturity process for the BlackRock LifePath® Index 2020 Fund (LifePath 2020 Fund). Beginning of dialog window. A study in late 2008 by Deloitte and the Investment Company Institute showed that 72% of defined contribution plans (e.g., 401k plans) offered target-date funds. The target date fund choice for 20% of Fortune 100 companies * “On the forefront of the target-date industry” according to Morningstar; Target date funds have more than one job to do. Sheryl Smolkin is a lawyer who writes about workplace pensions and benefits. 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. Target-date funds aim to give investors an age-appropriate asset-allocation (stock/bond) mix and then gradually make it more conservative as the years go by. From humble beginnings in Boston to what's now a global footprint that stretches from São Paulo, Brazil to Sydney, Australia, MFS has spent nearly a century honing its collaborative investment process to build better insights for clients. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise. This fund has been automatically added to your fund line-up, since you currently offer the Fidelity ClearPath® target date fund series. The closer you get to the maturity date, the more your fund will be weighted towards bonds and cash and away from stocks. But if managing your own money for the next 30 years or more seems like a daunting challenge, a target-date fund (TDF) may be the solution. including Fidelity funds, certain third-party funds and products, and certain investment services. Some funds also offer the opportunity to lock in a specific asset mix (such as 25% equities, 75% fixed income) to extend past the target date and into your retirement. Awards and recognition we’ve received. Extensive coverage and expert comment on important topics in the financial advisory industry. Achieving Success with Target Date Funds 7 ways target-date funds could be better Why young investors should fall in love with target-date funds. They may also soften the downside of tough markets - especially as retirement appears on the horizon. Their average twelve-month price target is C$61.31, predicting that the stock has a possible upside of 7.24%. The popularity of target-date funds was sparked by the Pension Protection Act signed by President Bush in 2006. SLGI has reduced the exposure to large cap Canadian core equities in the funds from 33.3% to 30.0%. Find out which funds work best for you and your goals. - (9:54) A case study of the benefits of plan design changes - (11:38) Sun Life… Subscibe to Sunlife's Brighter Life emails for personalized tips, tools and offers. These are target-date funds that mature in 2035 or earlier and after 2030. now. Sun Life Capital Management (Canada) Inc. (“SLC”) is the sub-advisor of the core plus bond fund. Target Income Portfolios. As the first target date fund, LifePath has seen investors through more market ups and downs than any other target date fund. The allocation within international equities will change as shown below: SLGI announced the addition of a bottom-up, core plus mandate that they expect will broaden the opportunity set in Canadian bonds. Vanguard offers mutual funds for target retirement dates for every five years from 2020 to 2065. Download it today. Talk to your advisor or find one near you - there is no cost to talk to an advisor. This movement is called the fund’s glide path. It has been managing investments since 1928. 50% Equity / 50% Fixed Income Low to Medium Risk. Changes to the Beutel Goodman Fixed Income team – April 4, 2016. - (5:16) Why are we seeing so much cash flow going into target date funds? And we follow them, wherever we do business. Enhancements to the Granite Series Target Date and Target Risk funds – April 4, 2016. MFS was founded in 1924. Fund The mix of individual securities in each fund may also vary considerably. Sign-in help 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 Sun Life Granite funds are a suite of multi-manager solutions designed to help plan members save for their retirement. As of March 2020, assets in target-date mutual funds and collective investment trusts totaled approximately $1.9 trillion. Articles. The Vanguard Group, Inc. manages nearly US$358 billion of target-date assets and experienced more than US$56 billion cash flow into its target date mutual funds and collective trusts in 2015. A sample of approximate holdings (as of Aug. 31, 2020) with a target date of 2045 demonstrates this point. Awards and recognition. We’re here to support you through COVID-19. All rights reserved. Target date funds have more than one job to do. These are target-date funds that mature in 2030 or earlier and after 2025. By signing in, you agree to these terms and conditions. It’s a good idea to discuss your strategy with your financial advisor. 1,572 total views, 3 views today. - (6:06) How target date funds can help members navigate market volatility - (8:21) What can plan sponsors do? Please contact your Sun Life Group Retirement Services representative. The Wellington Fund’s investment objective is to seek long-term capital appreciation and income. To enhance overall portfolio diversification, SLGI will reallocate some Canadian core bond exposure towards U.S. core bonds. To know more about these funds, consult a Sun Life Financial Advisor, visit http://www.sunlifefunds.com/, or call 849-9888. Escape will cancel and close the window. Make well-informed decisions with helpful advice. Select the Target Risk Fund that most closely matches your risk profile. As long as they remain invested in the fund until maturity, they will receive a guaranteed maturity value. now the largest manager of U.S. target-date fund assets in the industry, as investors have gravitated to the company’s low-cost, index-based approach***. The Sun Life Prosperity Funds are built with the Filipino investor in mind. Register They may also soften the downside of tough markets - especially as retirement appears on the horizon. Life-cycle funds are also known as "age-based funds" or "target-date retirement funds." Despite having a common maturity date, TDFs can have significant differences. Each of the Funds’ respective benchmarks have been modified effective April 1, 2020 to reflect the above-mentioned changes. SUN LIFE MILESTONE FUNDS With Sun Life Milestone Funds, clients select a fund with a maturity date that best matches the year they expect to require the money, known as the target maturity date. They include: The Code of Conduct that tells every Sun Life employee and advisor how we expect them to act; Disciplined and well-ordered risk management systems I understand I can unsubscribe at any time and acknowledge that this email address belongs to me. As the target You can buy some of our insurance products online. Investment managers periodically add new longer-dated funds to their target date series, in order to better match the time horizon of younger plan members. This is because your investment will have less and less time to recover from any stock market volatility you may encounter, which leads many investors to prefer a more conservative approach as retirement nears. As Filipinos, we are hardworking and resourceful with our money. 3 Effective May 24, 2019, the Sun Life Multi-Strategy Target Return fund changed investment objective and sub-advisor to become the Sun Life Opportunistic Fixed Income Fund (sub-advised by Wellington). SLGI has changed the global fixed income exposure within all fund series. Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans. I understand I can unsubscribe at any time and acknowledge that this email address belongs to me. The Sun Life Prosperity Achiever Funds will officially be launched to the investing public in January 2019. Note that this change is not applicable to the Sun Life Granite Target Date series of Funds because they already offer broad credit exposure. Take a deeper look at the Sun Life Granite Managed Solutions. BlackRock’s history with target-date funds stretches back to the 1990s, but most importantly, the firm has remained steadfast in evolving its target-date options This allows for an increase in the non-Canadian equity allocation. Changes to the Sun Life Financial Universe Bond Segregated Fund – … Select the Target Date Fund with the date closest to your planned retirement date. However, that doesn’t mean you can completely “set and forget” your retirement savings until it’s time to cash in your chips. Our commitment to managing Client data . SLG MyFuture Fund is a target date fund that invests primarily in high-quality stocks and a mix of government and domestic corporate debt in accordance with an asset allocation strategy that promotes capital appreciation at the onset to maximize earning potential in the earlier years and shifts to wealth preservation to reduce exposure to risk as the maturity of the fund approaches. 2060 fund added to the BlackRock LifePath® Index Target Date Fund suite. Escape will cancel and close the window. Sign up for FREE personalized tips, tools and offers. Designed for investors who anticipate retiring in or within a few years of the portfolio’s target retirement year at or around age 65. It seeks to do this by investing primarily in a diversified portfolio of global fixed income securities. He is responsible for overseeing the management of the LifePath Target Date Funds as well as a wide range of fund of funds for both Institutional and Defined Contribution clients.  The Sun Life Granite Multi-Risk Targ et Date Funds were negative in Q4  Maintained overweight position in U.S. equities  Reduced exposure to EAFE equities  Added exposure to emerging market equities  Increased cash levels in the Funds  Reduced high yield and emerging market bond exposure Investors often find a year-end rally in their Christmas stocking. Here’s how we can help you. SLGI Granite Target Date and Granite Target Risk enhancements, Canadian Fixed Income (Sun Life Granite Target Risk Funds only), RightDirections™ Employee Assistance Program, Professional Associations and Affinity Groups. Whether you decide to invest all or part of your retirement savings in a target-date fund is a personal decision. Investment news and analysis for financial advisers. The maturity date for a Sun Life Milestone Fund may be accelerated in certain circumstances, in which case an accelerated Guaranteed Value will be calculated. Fund performance data Since you need to understand how your investments are performing at all times, we’ve collected all the fund details in one place, organized and grouped for your convenience.Here you can view all the up-to-date information about our funds, including fund facts, performance, codes and other relevant details. The performance data shown in tables and graphs on this page is calculated in USD of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Please select your language preference on the right hand side. This is done through the Sun Life Private Fixed Income Plus and Canadian Commercial Mortgage Funds (also sub-advised by SLC). Target-date funds are mutual fund or exchange-traded funds (ETFs) structured to grow assets in a way that is optimized for a specific time frame. By his projected retirement date, the equity component will be reduced significantly. … The principal value is not guaranteed at any time, including at the target date. TORONTO, Sept. 21 2009 – In just four years of offering lifecycle target date funds to Canadian employers and employees, the combined assets of target date funds available to group plans administered by Sun Life Financial are now more than $1 billion. A 25 year-old man who plans to retire at age 65 will likely choose a fund dated 40 years out. But target-date funds – which invest across several asset types, in different allocations, as you age – do it all for you. Take charge of retirement savings by learning the pros and cons of target-date funds, also called life-cycle funds, and how they fit into your portfolio. CI making special payments to investors in selected funds – April 18, 2016. SLGI anticipates that the broader credit exposure may help enhance yield and diversification. © Sun Life Assurance Company of Canada. Industry figures show that in 2012, TDFs were the most popular default option selected by group retirement plan sponsors for investing the contributions of employees who did not make their own investment selections. If managing your own money for the next 30 years or more seems like a daunting challenge, a target date fund (TDF) may be the solution. The fund invests in inflation-linked bonds opportunistically, to preserve capital at different points in the economic cycle. Our Target Retirement Funds simply ask you to choose a fund based on your expected retirement date, and then we take it from there. It will take some time to update our websites, materials and forms and until that is complete, all references to Sun Life Global Investments (Canada) Inc. … First, they have to grow savings by managing decades of risks and returns. Are you an advisor? LSC will close in 2022 for the 2025 fund. Videos. If you are uncomfortable with risk, you may want to look at a TDF that offers a guaranteed maturity value. While his contributions may initially be heavily weighted towards equities, the asset mix will shift over the course of his career. Sun Life Global Investments adds new 2060 funds to Granite Target Date and Multi-Risk Target Date Fund series. We know that’s a big responsibility. After selecting one of the four LifeStrategy Funds based on your investment goals, investing time horizon, and risk tolerance (determine your risk tolerance by completing our TORONTO, Aug. 6, 2020 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced its results for the second quarter ended June 30, … Following the 2020 review, SLGI has announced the following changes to the three fund series. 40% Equity / 60% Fixed Income Low to Medium Risk. © Sun Life Assurance Company of Canada. Sun Life Granite Enhanced Income Portfolio . When logged in, under the Administration and reporting tab, select Group Retirement Services, then on the top navigation menu select Investments > Governance reports. With our LifeStrategy Funds you assume more responsibility. Learn more about privacy and how we collect data to give you relevant content. Specifically, SLGI has replaced all current investments in the Templeton Global Bond Fund with the Sun Life Opportunistic Fixed Income Fund. An index fund has operating and other expenses while an index does not. These are target-date funds that mature in 2030 or earlier and after 2025. Higher returns with target date funds *Includes all Target Date Funds offered on the Sun Life Group Retirement Services investment platform. First, they have to grow savings by managing decades of risks and returns. Available in Target Date, Multi-Risk Target Date, Target Risk and Income strategies—all Granite funds offer broad diversification with … As of July 20, 2020, Sun Life Global Investments (Canada) Inc. changed its name to SLGI Asset Management Inc. billion of target-date assets and experienced more than US$56 billion cash flow into its target date mutual funds and collective trusts in 2015. The first challenge with target-date funds is that all funds are not created equal. A target date fund (TDF) – also known as a lifecycle, ... where the convenience of a single 'fund for life' made them the most popular type of default strategy. In September 2016, BlackRock Asset Management Canada Limited (BlackRock) revised the benchmark returns for the BlackRock LifePath® Index Series of target date funds (the Funds) for the month of May 2016. Partnering with Sun Life for a Brighter Future. Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans. The Sun Life executive further elaborates suggesting “It helps to get people investing right away and automatically reduces their investment risk over time.” Most importantly, Sun Life has found that the longer you are invested in target date funds, the better the performance compared to other investment choices. Since then, the company has guided investors through every market condition on record. Neither asset allocation nor diversification ensures a profit or guarantees against loss. 7 Wall Street analysts have issued ratings and price targets for Sun Life Financial Inc. (SLF.TO) in the last 12 months. Help limit the spread of COVID-19 with the COVID Alert app from the Government of Canada. Learn more about Sun Life Prosperity Funds. At Sun Life, we’re proud to see the results of our commitment to excellence around the world. The safety and security of Client data is one of our top priorities. To select the most suitable fund, all you have to do is answer one question: When do I plan to use the money? I understand I can unsubscribe at any time and acknowledge that this email address belongs to me. In August 2018, we discovered that Sun Life Global Investments Canada (SLGI) submitted incorrect benchmark returns to Morningstar® for the months of April, May and June 2018 for the two series of segregated funds below (the Funds): Sun Life Financial Granite Target Date Funds Sun Life Financial Granite Multi-Risk Target Date Funds. Learn more about privacy and how we collect data to provide you with more relevant content. As the fund nears the target date, it gradually gets more conservative, shifting from a larger allocation in stocks and into bonds and cash. The objective is to enhance return consistency relative to the broad global bond benchmark. All rights reserved. They're ideal for investments of at least 10 years. Follow her @SherylSmolkin. For example, a younger worker hoping to retire in 2065 would choose a target-date 2065 fund, while an older worker hoping to retire in 2025 would choose a target-date 2025 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). Following a glide path, the Fund … The high price target for SLF is C$71.00 and the low price target … Some funds also offer the opportunity to lock in a specific asset mix (such as 25% equities, 75% fixed income) to extend past the target date and into your retirement. The Sun Life Prosperity Achiever Fund 2028 is a target-dated mutual fund that aims to generate long-term capital appreciation through a mixed portfolio that shifts from aggressive to conservative as the Fund approaches its target date. Target-Date Funds in Retirement Plans . Previously, Greg was the Head of iShares Equity Portfolio Management team within BlackRock's Index Equity team where he was responsible for overseeing the management of the Americas listed iShares equity funds. Whether you decide to invest all or part of your retirement savings in a target-date fund is a personal decision. This makes investing a viable opportunity to build and grow wealth for our financial goals. I am currently 27 years old. Target Date Funds: America’s #1 Retirement Investment Dual View Following the 2020 review, SLGI has announced the following changes to the three fund series. Plan members expecting to retire around the year 2060 may benefit from this new fund. For assistance on which fund suits you best, talk to your Sun Life Financial Advisor or email us at sunlink@sunlife.com. Past performance is no guarantee of future results. We set strict guidelines and rules about how we do business. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers. Introducing The Merriman Ultimate Target-Date Portfolios Target Date Funds: America’s #1 Retirement Investment. Morningstar Financial Research conducts Analysis on Markets, Mutual Fund, Stocks and ETFs through Investment Data and News. Driving innovation. Data privacy principles. For example, how and when the asset mix transitions from mostly equities to a higher fixed-income component (called the “glidepath”) can vary dramatically among funds. You may discover that you need to contribute more or work longer to finance the standard of living you’re looking for in retirement. Effective November 9, 2018, the BlackRock LifePath® 2060 Target Date Segregated Fund (LifePath 2060) will be available on Sun Life Financial's Core investment platform. All you have to know is what year you plan to retire. The GRS Investment Solutions team has reviewed the changes with SLGI and is comfortable with them. SLAMCI also has a suite of target date funds, the Sun Life Prosperity Achiever Funds, which grow one’s mutual fund investments over a specific period of time. 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