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Sun Life Global Investments Appoints Schroder Investment Management North America Inc. As New Sub-advisor

TORONTO, Aug. 20, 2013 /CNW/ - Sun Life Global Investments announced today that Schroder Investment Management North America Inc. ("Schroders") will assume the portfolio sub-advisory responsibilities for Sun Life Tradewinds Emerging Markets Fund, effective August 29, 2013. As a result of a sub-advisor review, Tradewinds Global Investors, LLC will no longer be the sub-advisor for this fund. The fund will be renamed Sun Life Schroder Emerging Markets Fund on the effective date of the change.

"Schroders has a strong heritage based on more than 200 years of investment experience and they are committed to providing long-term value for clients," said Sadiq. S Adatia, Chief Investment Officer, Sun Life Global Investments.

The investment objective of Sun Life Schroder Emerging Markets Fund remains unchanged:  to seek capital appreciation by investing primarily in equity securities of companies with a connection to emerging markets.

"We look forward to working alongside Sun Life Global Investments to create long term value for Canadian investors," said Ross Servick, Head of Canadian Distribution for Schroders. "We are pleased to bring our global perspective and expertise to the management of the Sun Life Schroder Emerging Markets Fund."

The investment strategies for the fund will be amended to reflect the new investment opportunities provided by Schroders, including the addition of the ability to invest in certain other investment funds. There will be a transition plan to rebalance the portfolio to securities and asset classes to reflect the new investment strategies. Schroders has engaged its affiliate, Schroder Investment Management North America Limited, to provide portfolio advisory services as well.

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.

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