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. 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. Videos. including Fidelity funds, certain third-party funds and products, and certain investment services. Target date funds focus on a goal, such as retirement, and have asset mixes that change throughout the life of the fund. All you have to know is what year you plan to retire. These are target-date funds that mature in 2030 or earlier and after 2025. First, they have to grow savings by managing decades of risks and returns. And we follow them, wherever we do business. Please select your language preference on the right hand side. To enhance overall portfolio diversification, SLGI will reallocate some Canadian core bond exposure towards U.S. core bonds. Help limit the spread of COVID-19 with the COVID Alert app from the Government of Canada. We set strict guidelines and rules about how we do business. 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 Target-date funds work by rebalancing the asset allocation throughout the fund’s life until it hits the target date. Make well-informed decisions with helpful advice. Since then, the company has guided investors through every market condition on record. 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. 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 principal value is not guaranteed at any time, including at the target date. Escape will cancel and close the window. Target-Date Funds in Retirement Plans . LSC will close in 2022 for the 2025 fund. SLGI has reduced the exposure to large cap Canadian core equities in the funds from 33.3% to 30.0%. We’re here to support you through COVID-19. Extensive coverage and expert comment on important topics in the financial advisory industry. You’ve opened a registered retirement savings plan (RRSP) or joined the company-sponsored savings plan and you’re making regular contributions. Download it today. The respective maturity dates for the Sun Life Milestone Funds is June 30 of the year in the corresponding fund's name. - (5:16) Why are we seeing so much cash flow going into target date funds? 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: America’s #1 Retirement Investment Dual View 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). Target Wealth: The Evolution of Target Date Funds 5 3vestment problem The in In the most basic TDF, there are only two possible investments: a bond index and an equity index. The closer you get to the maturity date, the more your fund will be weighted towards bonds and cash and away from stocks. To reach your destination successfully, you have to invest your money effectively over time. A TDF may also give you access to niche asset classes that may reduce portfolio volatility, such as infrastructure and real estate. - (6:06) How target date funds can help members navigate market volatility - (8:21) What can plan sponsors do? Data privacy principles. Following the 2020 review, SLGI has announced the following changes to the three fund series. Like a jet on autopilot, target date funds do all of the driving. … You should review your retirement projections with your financial advisor annually to ensure they are still realistic. Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans. The objective is to enhance return consistency relative to the broad global bond benchmark. This makes investing a viable opportunity to build and grow wealth for our financial goals. 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. Fund I understand I can unsubscribe at any time and acknowledge that this email address belongs to me. Partnering with Sun Life for a Brighter Future. To select the most suitable fund, all you have to do is answer one question: When do I plan to use the money? I am currently 27 years old. Take a deeper look at the Sun Life Granite Managed Solutions. I understand I can unsubscribe at any time and acknowledge that this email address belongs to me. 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. 2060 fund added to the BlackRock LifePath® Index Target Date Fund suite. 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. They may also soften the downside of tough markets - especially as retirement appears on the horizon. 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. Awards and recognition we’ve received. 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. Follow her @SherylSmolkin. These are target-date funds that mature in 2030 or earlier and after 2025. 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. A sample of approximate holdings (as of Aug. 31, 2020) with a target date of 2045 demonstrates this point. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise. 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. The safety and security of Client data is one of our top priorities. As the first target date fund, LifePath has seen investors through more market ups and downs than any other target date fund. 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. Are you an advisor? From the list below, pension mgr recommended to put in maybe 50% into the 2045 target date fund and the other 50% into the 2050 target date fund. Vanguard offers mutual funds for target retirement dates for every five years from 2020 to 2065. 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 Neither asset allocation nor diversification ensures a profit or guarantees against loss.  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. 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). © Sun Life Assurance Company of Canada. 50% Equity / 50% Fixed Income Low to Medium Risk. I understand I can unsubscribe at any time and acknowledge that this email address belongs to me. Copies of the revised SIP&Ps are available on Sun Life’s Plan Sponsor Services website at SunLife.ca/sponsor. By signing in, you agree to these terms and conditions. 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. For long-term investors, funds are a good investment, especially during periods of market volatility. Beginning of dialog window. It has been managing investments since 1928. The first challenge with target-date funds is that all funds are not created equal. But target-date funds – which invest across several asset types, in different allocations, as you age – do it all for you. As of March 2020, assets in target-date mutual funds and collective investment trusts totaled approximately $1.9 trillion. 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. Designed for investors who anticipate retiring in or within a few years of the portfolio’s target retirement year at or around age 65. As long as they remain invested in the fund until maturity, they will receive a guaranteed maturity value. 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. 40% Equity / 60% Fixed Income Low to Medium Risk. 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. Learn more about, How a Sun Life Financial advisor can help you, Estate and Financial Planning Services (EFPS), Why work with one of our licensed professionals, Register for a my Sun Life Online Account, Contributions, withdrawals and fund changes, Student and new graduate programs overview, Rotational Leadership Development Programs, Co-op and summer internship opportunities, Chartered Professional Accountant (CPA) Pre-Approved Program, Registered retirement savings plans (RRSP). Following the 2020 review, SLGI has announced the following changes to the three fund series. You can buy some of our insurance products online. However, that doesn’t mean you can completely “set and forget” your retirement savings until it’s time to cash in your chips. Articles. The Sun Life Granite funds are a suite of multi-manager solutions designed to help plan members save for their retirement. 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. Target date funds have more than one job to do. At Sun Life, we have always built our business on ethics and integrity. All rights reserved. Select the Target Date Fund with the date closest to your planned retirement date. Sun Life Granite Income Portfolio. It seeks to do this by investing primarily in a diversified portfolio of global fixed income securities. CI making special payments to investors in selected funds – April 18, 2016. 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. © Sun Life Assurance Company of Canada. BlackRock Asset Management Canada Limited (BlackRock) has announced an update to the maturity process for the BlackRock LifePath® Index 2020 Fund (LifePath 2020 Fund). TORONTO, Aug. 6, 2020 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced its results for the second quarter ended June 30, … Kevin Strain will take over as president and CEO of Sun Life Financial in 2021. To know more about these funds, consult a Sun Life Financial Advisor, visit http://www.sunlifefunds.com/, or call 849-9888. - (9:54) A case study of the benefits of plan design changes - (11:38) Sun Life… The high price target for SLF is C$71.00 and the low price target … Enhancements to the Granite Series Target Date and Target Risk funds – April 4, 2016. Sun Life Global Investments adds new 2060 funds to Granite Target Date and Multi-Risk Target Date Fund series. The Sun Life Prosperity Funds are built with the Filipino investor in mind. They may also soften the downside of tough markets - especially as retirement appears on the horizon. Morningstar Financial Research conducts Analysis on Markets, Mutual Fund, Stocks and ETFs through Investment Data and News. The GRS Investment Solutions team has reviewed the changes with SLGI and is comfortable with them. These are target-date funds that mature in 2035 or earlier and after 2030. While his contributions may initially be heavily weighted towards equities, the asset mix will shift over the course of his career. You may discover that you need to contribute more or work longer to finance the standard of living you’re looking for in retirement. U.S. News evaluated 342 Target-Date 2060+ Funds. Life-cycle funds are also known as "age-based funds" or "target-date retirement funds." Fund Higher returns with target date in the fund invests in inflation-linked bonds opportunistically to! Closer you get to the broad global bond fund managing decades of risks and.... Guaranteed maturity value website at SunLife.ca/sponsor broad credit exposure this email address belongs to.... 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