Sun Life Global Investments reduces management fees for the Sun Life Templeton Global Bond Fund
TORONTO, April 27, 2015 /CNW/ - Sun Life Global Investments (Canada) Inc. today announced management fee reductions for its Sun Life Templeton Global Bond Fund to provide Canadians diversification and investment expertise at a lower cost.
Effective April 28, 2015, the management fees for Series "A" and "E" of the Sun Life Templeton Global Bond Fund will be reduced to 1.25 per cent – a reduction of 29 per cent, while management fees for Series "O" will be reduced to 0.75 per cent – a reduction of 40 per cent. These management fee reductions will in turn provide investors with lower management expense ratios (MERs).
Sun Life Global Investments has $10.5 billion in Client Assets Under Management, as of March 31, 2015 and an increased offering of 61 retail mutual funds.
The funds are available through the Sun Life Financial mutual fund dealer, Sun Life Financial Investment Services (Canada) Inc., other member dealers of the Mutual Fund Dealers Association of Canada (MFDA) and member dealers of the Investment Industry Regulatory Organization of Canada (IIROC).
Series "A" units are available to all investors, subject to certain minimum investment requirements. Series "E" and "O" units are available within the Private Client program to investors who meet the minimum requirements. For a full list of investment requirements, please read the simplified prospectus or visit www.sunlifeglobalinvestments.com
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.
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. Sun Life Global Investments (Canada) Inc. is a member of the Sun Life Financial group of companies. For more information, visit www.sunlifeglobalinvestments.com.
About Sun Life Financial
Celebrating 150 years in 2015, 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, 2014 the Sun Life Financial group of companies had total assets under management of $734 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.
SOURCE Sun Life Global Investments (Canada) Inc.