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.

Featured investment funds

Sun Life MFS Global Growth Fund

Global equities with above average growth prospects

Asset Class
Global Equity

Investment Risk
Medium

Series F MER
1.12%

Fund characteristics*

  3 Yrs. 5 Yrs.
Up capture 109% 106%
Down capture 78% 82%

Also available as a segregated fund:

Investment seriesEstate series

Sun Life MFS Global Growth Fund  information

The line graph compares the growth of a $10 000 investment from October 2010 to December 2020 for the Sun Life MFS Global Growth Fund, Series F, with the MSCI All Country World Index and the Global Equity Category Average. It shows the biggest growth over 10 years for the Sun Life MFS Global Growth Fund, Series F ending with $39,299. The MSCI All Country World Index grew to $32,347 and the Global Equity Category Average grew to $25,889 over 10 years.

Below the line graph is a table that shows performance of Sun Life MFS Global Growth Fund Series F since inception on Oct. 1, 2010 and for 10 years, 5 years, 3 years, 1 year and year to date: 14.3%, 13.9%, 14.2%, 16.3%, 18.0% and 18.0% respectively. The next two lines compare it to index and category returns over the same periods. The MSCI All Country World Index (C$) has returns since inception (Oct. 1, 2010) of 12.1%, 11.9% for 10 years, 10.3% for 5 years, 10.7% for 3 years, 14.2% for 1 year and 14.2% year to date. Over the same periods, the Global Equity Category average was 9.7% (since inception), 9.6% (10 years), 8.3% (5 years), 8.3% (3 years), 12.5% (1 year) and 12.5% year to date. The fund’s quartile rank was 1 over all periods. It’s Morningstar rating was 5 stars in the 10 year, 5 year and 3 year time periods. The number of funds in the category since inception were 508, 522 for 10 years, 1,129 for 5 years, 1,616 for 3 years, 2,041 for 1 year and 2,041 year to date. The source of this data is Morningstar Direct, data as of December 31, 2020. Returns for periods longer than 1 year are annualized. 

Sun Life MFS U.S. Growth Fund

Investing in the strength of America

Asset Class
U.S. Equity

Investment Risk
Medium

Series F MER
1.12%

Fund characteristics*

  3 Yrs. 5 Yrs.
Up capture 111% 107%
Down capture 78% 89%

Also available as a segregated fund:

Investment seriesEstate series

Sun Life MFS U.S. Growth Fund information

The line graph compares the growth of a $10,000 investment from October 2010 to December 2020 for the Sun Life MFS U.S. Growth Fund, Series F, with the Russell 1000 Index and the U.S. Equity Category Average. It shows the biggest growth over 10 years for the Sun Life MFS U.S. Growth Fund, Series F ending with $57,827. The Russell 1000 Index grew to $51,232 and the U.S. Equity Category Average grew to $35,983 over 10 years.

Below the line graph is a table that shows performance of Sun Life MFS U.S. Growth Fund Series F since inception on Oct. 1, 2010 and for 10 years, 5 years, 3 years, 1 year and year to date: 18.7%, 18.2%, 17.1%, 22.6%, 27.8%, and 27.8% respectively. The next two lines compare it to index and category returns over the same periods. The Russell 1000 Index (C$) has returns since inception (Oct. 1, 2010) of 17.3%, 16.9% for 10 years, 13.6% for 5 years, 15.5% for 3 years, 18.8% for 1 year and 18.8% year to date. Over the same periods, the U.S. Equity Category average was 13.3% (since inception), 13.5% (10 years), 10.7% (5 years), 11.3% (3 years), 12.8% (1 year) and 12.8% year to date. The fund’s quartile rank was 1 over all periods. Its Morningstar rating was 5 stars in the 10 year, 5 year and 3 year time periods. The number of funds in the category since inception were 344, 345 for 10 years, 924 for 5 years, 1,341 for 3 years, 1,636 for 1 year and 1,636 year to date. The source of this data is Morningstar Direct, data as of December 31, 2020. Returns for periods longer than 1 year are annualized. 

Sun Life MFS International Opportunities Fund

Focused on sustainable growth

Asset Class
International Equity

Investment Risk
Medium

Series F MER
1.12%

Fund characteristics*

  3 Yrs. 5 Yrs.
Up capture 108% 111%
Down capture 76% 85%

Also available as a segregated fund:

Investment seriesEstate series

Sun Life MFS International Opportunities Fund information

The line graph compares the growth of a $10 000 investment from October 2021 to December 2020 for the Sun Life MFS International Oppotunities Fund, Series F, with the MSCI EAFE Index and the International Equity Category Average. It shows the biggest growth over 10 years for the Sun Life MFS International Opportunities Fund, Series F ending with $20,046. The MSCI EAFE Index grew $22,586 and the International Equity Category Average grew to $20, 409 over 10 years. 

Below the line graph is a table that shows performance of Sun Life MFS International Opportunities Fund Series F since inception on Oct. 1, 2010 and for 10 years, 5 years, 3 years, 1 year and year to date: 9.8%, 9.5%, 9.9%, 9.9%, 11.8% and 11.8% respectively. The next two lines compare it to index and category returns over the same periods. The MSCI EAFE Index (C$) has returns since inception (Oct. 1, 2010) of 8.3%, 8.2% for 10 years, 5.6 % for 5 years, 4.9 % for 3 years, 5.9% for 1 year and 5.9% year to date. Over the same periods, the International Equity Category average was 7.2% (since inception), 7.4% (10 years), 5.9% (5 years), 4.8% (3 years), 6.5% (1 year) and 6.5% year to date. The fund’s quartile rank was 1 over all periods. Its Morningstar rating was 4 stars in the 10 year time period and 5 stars in the 5 year and 3 year time periods. The number of funds in the category since inception were 202, 207 for 10 years, 376 for 5 years, 551 for 3 years, 684 for 1 year and 684 year to date. The source of this data is Morningstar Direct, data as at December 31, 2020. Returns for periods longer than 1 year are annualized. Effective June 1, 2020, Sun Life MFS International Growth Fund was renamed Sun Life MFS International Opportunities Fund. The mandate of the Fund did not change.

Sun Life MFS International Value Fund

Finding value in international markets

Asset Class
International Equity

Investment Risk
Medium

Series F MER
1.29%

Fund characteristics*

 

  3 Yrs. 5 Yrs.
Up capture 91% 97%
Down capture 49% 68%

Also available as a segregated fund:

Investment seriesEstate series

Sun Life MFS International Value Fund information

The line graph compares the growth of a $10 000 investment from October 2010 to December 2020 for the Sun Life MFS International Value Fund, Series F, with the MSCI EAFE Index and the International Equity Category Average. It shows the biggest growth over 10 years for the Sun Life MFS International Value Fund, Series F ending with $33,996. The MSCI EAFE Index grew to $22,586 and the International Equity Category Average grew to $20,409 over 10 years.

Below the line graph is a table that shows performance of Sun Life MFS International Value Fund Series F since inception on Oct. 1, 2010 and for 10 years, 5 years, 3 years, 1 year and year to date: 12.7%, 12.6%, 9.5%, 10.6%, 16.7% and 16.7% respectively. The next two lines compare it to index and category returns over the same periods. The MSCI EAFE Index (C$) has returns since inception (Oct. 1, 2010) of 8.3%, 8.2% for 10 years, 5.6% for 5 years, 4.9% for 3 years, 5.9% for 1 year and 5.9% year to date. Over the same periods, the International Equity Category average was 7.2% (since inception), 7.4% (10 years), 5.9% (5 years), 4.8% (3 years), 6.5% (1 year) and 6.5% year to date. The fund’s quartile rank was 1 over all periods. Its Morningstar rating was 5 stars in the 10 year, 5 year and 3 year time periods. The number of funds in the category since inception were 202, 207 for 10 years, 376 for 5 years, 551 for 3 years, 684 for 1 year and 684 year to date. The source of this data is Morningstar Direct, data as of December 31, 2020. Returns for periods longer than 1 year are annualized. 

Morningstar Overall rating based on Series F.
View full Morningstar rating disclosures.

Investment expertise

MFS Investment Management (MFS): A world-class partner

At Sun Life Global Investments, we bring together investment research and world-class asset managers from around the globe. That’s why we’ve partnered with MFS to sub-advise the Sun Life MFS funds.

Since they started in 1924, MFS has lined up their active investment approach with a sole purpose:

To create long-term value responsibly.

That approach thrives on:

Global collaboration. Integrated global research.

MFS believes the collective expertise of their teams brings them to better investment decisions through:

Engagement

  • With the companies they own to understand what could influence their sustainable value
  • Using their voting power to influence issues that matter

Diversity & collaboration

  • Teams of diverse thinkers share and debate their unique perspectives
  • This helps to build conviction in their investment ideas

Integrated research

  • Through a global platform that allows them to develop local market perspectives
  • Drives information sharing across sectors, geographies and asset classes

Actively manage risk: Have conviction in the businesses you own. Focus on the downside.

MFS navigates risk through a process that includes:

A risk-aware culture

  • Risk management is a shared responsibility and is central to decision making

Understanding material risks

  • They factor environmental, social, or governance (ESG) issues into their research
  • This helps them to understand and ease any risks to sustainable long-term value

Long-term discipline. Develop investment talent.

Thinking long-term has always been part of MFS' heritage because they believe it helps pursue the outcomes investors need.

Long-term discipline takes:

Conviction and longer time horizons

  • This is made possible by robust research and the confidence to let their investment thesis play out

Sustainable investing

  • Where they favour environmental, social, or governance (ESG) integration and engagement over a separate outcome

Continuity & succession planning

  • To develop talent and plan for their next generations of leadership and investment teams

Looking for more? 

  • Insights

    Get MFS’ insight into timely market events as well as what’s top of mind for their thought leaders.

  • Guarantees

    These featured Sun Life MFS Funds are also available as segregated funds, with all the benefits of an insurance contract, including guarantees.
    (Investment & Estate series)

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*Mandatory fields

1 MFS Investment Management or MFS refers to MFS Investment Management Canada Limited and MFS Institutional Advisors, Inc. MFS Investment Management Canada Limited and MFS Institutional Advisors, Inc. have entered into a sub-advisory agreement.  Because MFS operates outside of Canada, Canadian securities regulators may not require MFS' investment team to be registered in Canada.  Where MFS operates outside of Canada, it provides investment advice under statutory exemptions or regulatory relief, as applicable.

The corresponding up and down capture ratios for the funds for the period ending December 31, 2020 are:

Sun Life MFS Global Growth Fund, Series F – Up Capture: 1-year: 95%; 3-years: 109%; 5-years: 106%; 10-years: 104%; since inception (Oct. 1, 2010): 104%; Down Capture: 1-year: 75%; 3-years: 78%; 5-years: 82%; 10-years: 90%; since inception (Oct. 1, 2010): 89%.

Sun Life MFS U.S. Growth Fund, Series F – Up Capture: 1-year: 107%; 3-years: 111%; 5-years: 107%; 10-years: 103%; since inception (Oct. 1, 2010): 103%;  Down Capture: 1-year: 76%; 3-years: 78%; 5-years: 89%; 10-years: 94%; since inception (Oct. 1, 2010): 94%.

Sun Life MFS International Opportunities Fund, Series F – Up Capture: 1-year: 99%; 3-years: 108%; 5-years: 111%; 10-years: 97%; since inception (Oct. 1, 2010): 97%;  Down Capture: 1-year: 73%; 3-years: 76%; 5-years: 85%; 10-years: 85%; since inception (Oct. 1, 2010): 84%.

Sun Life MFS International Value Fund, Series F – Up Capture: 1-year: 88%; 3-years: 91%; 5-years: 97%; 10-years: 93%; since inception (Oct. 1, 2010): 93%;  Down Capture: 1-year: 40%; 3-years: 49%; 5-years: 68%; 10-years: 55%; since inception (Oct. 1, 2010): 55%.

Commissions, trailing commissions are not payable on Series F units of the Funds but management fees and expenses may be associated with mutual fund investments. Please read the prospectus before investing. Investors may pay a fee-based account fee that is negotiated and payable by you to your registered dealer. The indicated rates of return are the historical annual compounded total returns including changes in security value and reinvestment of all distributions and does not take into account sales, redemption, distribution or other optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Sun Life Global Investments is a trade name of SLGI Asset Management Inc., Sun Life Assurance Company of Canada, and Sun Life Financial Trust Inc. SLGI Asset Management Inc. is the investment manager of the Sun Life Mutual Funds, Sun Life Granite Managed Solutions and Sun Life Private Investment Pools. Sun Life Assurance Company of Canada is the issuer of guaranteed insurance contracts, including Accumulation Annuities (Insurance GICs), Payout Annuities, and Individual Variable Insurance Contracts (Sun Life GIFs).  Any amount that is allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value.   

© SLGI Asset Management Inc., Sun Life Assurance Company of Canada, and their licensors, 2020. SLGI Asset Management Inc. and Sun Life Assurance Company of Canada are members of the Sun Life group of companies. All rights reserved. 

Morningstar is an independent organization that groups investment funds with generally similar investment objectives for comparison purposes and ranks them on a historical basis.

Ratings and/or ranking information is subject to change monthly.

Morningstar Rating: The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

For greater detail, see morningstar.ca.

Morningstar Quartile Ranking: The quartiles divide the data into four equal regions. Expressed in terms of rank (1, 2, 3 or 4), the quartile measure shows how well a fund has performed compared to all other funds in its peer group. Peer groups are defined such that mutual funds are ranked only versus other mutual funds that are in the same category and segregated funds are ranked compared to other segregated funds in the same category. The top 25% of funds (or quarter) are in the first quartile, the next 25% of funds are in the second, and the next group is in the third quartile. The 25% of funds with the poorest performance are in the fourth quartile. The point at which half the funds had better performance and half had worse performance is the median.

© 2020 Morningstar Research Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.