As of July 20, 2020, Sun Life Global Investments (Canada) Inc. changed its name to SLGI Asset Management Inc. 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. will mean SLGI Asset Management Inc. We’ve also brought together Sun Life mutual fund, segregated fund, annuity and guaranteed investment product businesses under the collective brand of Sun Life Global Investments.

Sun Life Opportunistic Fixed Income Private Pool F

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Sun Life Opportunistic Fixed Income Private Pool


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$10.0864
CAD
Net asset value per security (NAVPS) as of September 18, 2020
Decrease $-0.0041 -0.04%
Benchmark

Blended benchmark§

Fund category

Alternative Credit Focused

MorningstarTM Rating

-

Funds in category

-

Mutual fund categories are maintained by the Canadian Investment Funds Standards Committee (CIFSC).

 

Portfolio analysis (as of July 31, 2020)

Composition

Composition: This table displays the breakdown of the fund
%
Cash 7.5
Fixed income 82.6
Canadian equity 0.0
U.S. equity 0.0
International equity 0.0
Emg markets equity 0.0
Other 9.9
Credit quality %
AAA -
AA -
A -
BBB -
BB -
B -
Below B -
Not Rated -

Geographic composition %
United States 43.1
Indonesia 7.1
Germany 6.4
South Korea 6.3
Japan 5.5
Russia 4.1
Mexico 3.2
Australia 2.9
Canada 2.7
New Zealand 2.2
Others 16.5
Fixed income %
Government bonds 50.8
Corporate bonds 21.3
Securitized 19.7
Cash & Equivalents 8.3
Derivatives 0.0

Top ten holdings as of July 31, 2020 %
Germany (Federal Republic Of) 0.5% 2030-04-15 4.2
Japan (Government Of) 0.1% 2029-03-10 4.0
iShares JP Morgan USD Em Mkts Bd ETF 3.7
Government National Mortgage Association 2.5% 2050-08-01 2.8
United States Treasury Notes 2030-01-15 2.5
The Republic of Korea 1.38% 2029-12-10 2.3
Indonesia (Republic of) 8.25% 2029-05-15 2.3
Russian Federation 2.5% 2028-02-02 2.2
Federal National Mortgage Association 2% 2050-08-15 2.0
Government National Mortgage Association 3% 2050-08-15 1.8
Total number of portfolio holdings 696

Performance analysis (as of August 31, 2020)

Calendar year YTD 2019 2018 2017 2016* 2015 2014 2013 2012 2011 2010
Total assets $M 12.0 8.9 14.9 38.4 36.8 - - - - - -
Fund return % 5.6 8.6 -5.9 -3.1 2.2 - - - - - -
Category return % - - - - - - - - - - -
Distribution $/security 0.19 0.17 0.00 0.00 0.22 - - - - - -
Quartile (within category) - - - - - - - - - - -
Trailing 1 month 3 month 6 month 1 yr 2 yr 3 yr 5 yr 10 yr Since inception
Fund return % 1.0 4.9 4.6 6.8 3.8 2.4 - - 1.6
Category return % - - - - - - - - -
MorningstarTM rating - - - - - - - - -
Quartile (within category) - - - - - - - - -
# of funds in category - - - - - - - - -
Calendar yearTrailing

Calendar year

Total assets $M

  • YTD
  • 2019
  • 2018
  • 2017
  • 2016*
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 12.0
  • 8.9
  • 14.9
  • 38.4
  • 36.8
  • -
  • -
  • -
  • -
  • -
  • -

Fund return %

  • YTD
  • 2019
  • 2018
  • 2017
  • 2016*
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 5.6
  • 8.6
  • -5.9
  • -3.1
  • 2.2
  • -
  • -
  • -
  • -
  • -
  • -

Category return %

  • YTD
  • 2019
  • 2018
  • 2017
  • 2016*
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -

Distribution $/security

  • YTD
  • 2019
  • 2018
  • 2017
  • 2016*
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 0.19
  • 0.17
  • 0.00
  • 0.00
  • 0.22
  • -
  • -
  • -
  • -
  • -
  • -

Quartile (within category)

  • YTD
  • 2019
  • 2018
  • 2017
  • 2016*
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -

Trailing

Fund return %

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 2 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • 1.0
  • 4.9
  • 4.6
  • 6.8
  • 3.8
  • 2.4
  • -
  • -
  • 1.6

Category return %

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 2 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -

Morningstar TM rating

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 2 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -

Quartile (within category)

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 2 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -

# of funds in category

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 2 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -

*For the period June 06 to December 31.

*Note: On May 24, 2019 the Sun Life Opportunistic Fixed Income Fund, previously the Sun Life Multi-Strategy Target Return Fund, changed its name and underwent a change in investment objective. Performance prior to this date relates to the Fund’s previous investment mandate and may differ substantially from the future performance under its new mandate.

3-YEAR RISK MEASURES (as of August 31, 2020)

Annualized returns are used to calculate the risk metrics below.
Standard deviation (fund) - Sharpe ratio - Alpha -
Standard deviation (category) - R2 - Beta -
Standard deviation (fund) -
Sharpe ratio -
Alpha -
Standard deviation (category) -
R2 -
Beta -
  • Standard deviation is a measure of volatility; it shows how broadly returns have varied over a given time period. Generally, a high standard deviation implies greater volatility.
  • Sharpe ratio combines a risk measurement and a return measurement into a single number to determine a fund's risk-adjusted return. A higher value is better.
  • R2: reflects the percentage of a portfolio's movements that can be explained by movements in its benchmark. It is measured on a scale of 0-100.
  • Alpha measures the difference between a fund's return and its benchmark, taking into account volatility (beta). An alpha of 1 means a fund outperformed its benchmark by 1%; -1 means the fund underperformed by 1%.
  • Beta measures the movement of a fund in relation to its benchmark. A beta over 1 means price moves are greater (up or down) than the benchmark's; below 1 means less extreme price moves; 1 means it moves in step with its benchmark.

Current value of a $10,000 investment

$

Time frame:

Update

Investment management approach

Wellington Management Canada ULC is part of the Wellington Management group of companies, which is one of the largest independent investment management firms in the world. They are a private firm whose sole business is investment management, and serves as investment adviser for institutional clients in more than 60 countries. Their most distinctive strength is their commitment to rigorous, proprietary research — the foundation upon which their investment approaches are built. Their commitment to investment excellence is evidenced by their significant presence and long-term track records in nearly all sectors of the global securities markets.

They are one of the world’s largest investment subadvisors. Banks, insurance companies, and asset management firms rely on them for their investment expertise and experience in this area. 

Wellington Management offers a broad range of equity, fixed income, alternative, and multi-asset investment approaches, approximately half of which are global or regional in their focus. This extensive array of capabilities allows them to meet the varied and evolving needs of their client base.

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Overview

Investment objective

The Fund’s investment objective is to seek long-term capital appreciation and income by investing primarily in a diversified portfolio of global fixed income securities. The Fund may use derivatives to gain exposure to its portfolio and may engage in cash borrowing and short selling. The Fund’s aggregate exposure to derivatives used for non-hedging purposes, cash borrowing and short selling will not exceed the limits permitted under applicable securities legislation.

 

This Fund may be suitable for investors who:

  • seek capital appreciation and income;
  • seek diversification through a broad range of asset types, geographies, credit tiers, and time horizons;
  • are medium to long term investors; and
  • are comfortable with low investment risk.
 

Fund essentials

Inception date June 6, 2016
Min initial inv $ 500
Min additional inv $ 50
MER % as at December 31, 2019 1.31
Management fee % 0.80
 

Management company
SLGI Asset Management Inc.

Sub-advisor
Wellington Management Canada ULC

Class Load
structure
Currency Fund Code
F NL CAD SUN1410
 

Risk profile

Risk profile: Low
Refer to the Simplified Prospectus for greater detail.