This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sun Life Investment Management Inc. Launching Private Asset Class Pooled Funds With Approximately $650 Million In Assets

TORONTO, March 25, 2014 /PRNewswire/ - Sun Life Investment Management Inc. (the "company") today announced it is launching three pooled funds that focus on private fixed income, commercial mortgages and real estate assets, to be available starting April 1, 2014.

The funds are being launched with portfolios of assets totaling approximately $650 million contributed by Sun Life Assurance Company of Canada and Sun Life Financial Inc., demonstrating their commitment to the company and its funds.

The funds will be offered for sale to Canadian institutional investors who qualify as "permitted clients" under applicable securities legislation.

"We have seeded the three funds with a set of quality assets consistent with the mandates of the funds," said Steve Peacher, President, Sun Life Investment Management and Chief Investment Officer, Sun Life Financial. "With the size and seasoned nature of the portfolios, we believe these funds offer excellent new opportunities for defined benefit plans and other institutional investors interested in private asset classes that offer attractive risk-adjusted returns over the long term."

Following are the funds that Sun Life Investment Management Inc. will offer and their initial composition. The values of the fund assets are subject to change.

The Sun Life Private Fixed Income Plus Fund will invest primarily in a diverse portfolio of private fixed income ("PFI") and public fixed income assets. The fund has been seeded with PFI investments and cash totaling approximately $150 million at March 19, 2014.

The Sun Life Canadian Commercial Mortgage Fund will invest primarily in a portfolio of fixed-rate first mortgage loans secured by high quality income-producing office, retail, industrial, and multi-family rental properties located in Canadian urban markets. The fund has been seeded with a diversified portfolio of Canadian commercial mortgages totaling approximately $200 million at February 28, 2014.

The Sun Life Canadian Real Estate Fund will invest primarily in a portfolio of high quality, income-producing real property located in growing Canadian urban markets. The fund has been seeded with a diversified portfolio of Canadian commercial properties with an aggregate value of approximately $300 million at February 28, 2014.

Further information about Sun Life Investment Management Inc. and its offerings is available at

Additional Information This news release is not an invitation to make an investment in the funds or a public offering to sell units of the funds. Subscriptions for units of each fund will only be considered on the terms of the Offering Memorandum of that fund. Units of the funds are available for purchase only by Canadian institutional investors who qualify as "permitted clients" and "accredited investors" under applicable Canadian securities legislation. The funds are subject to a number of risks and uncertainties that could cause actual results to differ materially from current expectations, and subscriptions for units should only be made after consultation with independent investment and tax advisors. There is no market through which units of a fund may be sold and none is expected to develop. Under certain circumstances, redemptions of units of a fund will be deferred or suspended. Only investors who do not require immediate liquidity of their investment and who can reasonably afford a substantial impairment or loss of their entire investment should consider the purchase of units of a fund. For detailed information about the risks and uncertainties associated with investing in a fund, see "Risk Factors" in the Offering Memorandum for that fund.

About Sun Life Investment Management Inc. Sun Life Investment Management Inc. provides investment solutions for defined benefit pension plans and other institutional investors in Canada, specializing in private asset class funds and liability driven investment strategies. It is registered with the Canadian securities commissions and regulatory authorities as a Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer.

About Sun Life Financial 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 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 December 31, 2013 the Sun Life Financial group of companies had total assets under management of $640 billion. For more information please visit

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 Financial Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs