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Sun GIF Solutions Fidelity Income Allocation Estate Series A

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Sun GIF Solutions Fidelity Income Allocation Estate Series A

$11.4949
Net asset value per security (NAVPS) as of October 22, 2021
Increase $0.0232 0.20%
Benchmark

Morningstar CAN Bal Cdn Con CAD

Fund category

Canadian Fixed Income Balanced

MorningstarTM Rating

Rated 2 out of 5 stars.

Funds in category

669

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

 

Portfolio analysis (as of September 30, 2021)

Composition

Composition: This table displays the breakdown of the fund
%
Cash 4.5
Fixed income 61.0
Canadian equity 15.6
U.S. equity 8.1
International equity 5.4
Emg markets equity 0.7
Other 4.6

Equity style

Equity style is large cap value
This table displays the investment segmentation of the equity portion of the fund: Large value

Fixed inc style

Fixed income style is Extensive Medium
This table displays the investment segmentation of the fixed income portion of the fund:

This table displays the geographical breakdown of the investments within the fund
Geographic composition %
 
Canada 64.2
United States 23.9
Asia / Pacific 4.1
Europe 5.5
Latin America 1.6
Middle East & Africa 0.6
Others 0.0
This table displays the sector allocation of the investments within the fund
Global equity sectors* %
of equity allocation
Utilities 10.8
Energy 11.2
Financials 7.9
Materials 2.3
Consumer discretionary 4.8
Consumer staples 16.3
Telecommunication services 16.6
Industrials 6.2
Health care 3.3
Information technology 7.7
Real Estate 12.8

This table displays the top 10 holdings within the fund
Top ten holdings as of June 30, 2021 %
iShares Gold Trust 4.1
Fidelity Cdn Money Mkt Invt Tr 4.0
E-mini S&P 500 Future Sept 21 2021-09-17 2.0
Canada (Government of) 1.25% 2047-12-01 1.3
Rogers Communications Inc Class B 1.3
BCE Inc 1.2
Fortis Inc 1.0
Imperial Brands PLC 1.0
Canada (Government of) 4% 2031-12-01 1.0
Fidelity U S Money Mkt Invt Tr 1.0
This table shows the breakdown of the fixed income holdings within the fund
Fixed income %
of fixed income allocation
Government bonds 42.0
Corporate bonds 35.6
Securitized 5.6
Cash & Equivalents 9.5
Derivatives 7.3

Cash and cash equivalents are not shown.

Sun GIF Solutions Fidelity Income Allocation Estate Series A invests directly in units of the Fidelity Income Allocation Fund (the "underlying fund"). The portfolio analysis section is representative of the underlying Fund.

*Global Industry Classification Standard (GICS).

Performance analysis (as of September 30, 2021)

Calendar year YTD 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Total assets $M 16.5 13.7 11.1 9.7 10.7 12.0 - - - - -
Total assets of Underlying $M
2404.8
2422.0
2285.6
2120.4
3176.3
3599.9
2815.4
2236.2
1573.9
1176.2
645.2
Fund return % 0.7 5.3 6.4 -0.9 0.0 2.4
4.1
9.4
8.1
5.4
7.0
Category return % 0.9 6.1 8.7 -3.0 3.0 3.3
1.8
6.8
5.7
5.2
2.7
Quartile (within category) 3 3 4 1 4 3
1
1
1
2
1
Trailing 1 month 3 month 6 month 1 yr 3 yr 5 yr 10 yr Since inception
Fund return % -1.8 -0.5 2.1 3.7 4.2 1.9
5.1
2.2
Category return % -1.7 -0.3 2.2 3.9 4.3 2.7
4.8
-
MorningstarTM rating - - - - Rated 3 out of 5 stars. Rated 2 out of 5 stars. Rated 3 out of 5 stars. -
Quartile (within category) 3 4 3 3 2 4
2
-
# of funds in category 699 699 699 699 669 458
180
-
Calendar yearTrailing

Calendar year

Total assets $M

  • YTD
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 16.5
  • 13.7
  • 11.1
  • 9.7
  • 10.7
  • 12.0
  • -
  • -
  • -
  • -
  • -

Total assets of Underlying $M

  • YTD
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2404.8
  • 2422.0
  • 2285.6
  • 2120.4
  • 3176.3
  • 3599.9
  • 2815.4
  • 2236.2
  • 1573.9
  • 1176.2
  • 645.2

Fund return %

  • YTD
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 0.7
  • 5.3
  • 6.4
  • -0.9
  • 0.0
  • 2.4
  • 4.1
  • 9.4
  • 8.1
  • 5.4
  • 7.0

Category return %

  • YTD
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 0.9
  • 6.1
  • 8.7
  • -3.0
  • 3.0
  • 3.3
  • 1.8
  • 6.8
  • 5.7
  • 5.2
  • 2.7

Quartile (within category)

  • YTD
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 3
  • 3
  • 4
  • 1
  • 4
  • 3
  • 1
  • 1
  • 1
  • 2
  • 1

Trailing

Fund return %

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • -1.8
  • -0.5
  • 2.1
  • 3.7
  • 4.2
  • 1.9
  • 5.1
  • 2.2

Category return %

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • -1.7
  • -0.3
  • 2.2
  • 3.9
  • 4.3
  • 2.7
  • 4.8
  • -

Morningstar TM rating

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

Quartile (within category)

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • 3
  • 4
  • 3
  • 3
  • 2
  • 4
  • 2
  • -

# of funds in category

  • 1 month
  • 3 month
  • 6 month
  • 1 yr
  • 3 yr
  • 5 yr
  • 10 yr
  • Since inception
  • 699
  • 699
  • 699
  • 699
  • 669
  • 458
  • 180
  • -

Underlying fund 'Fidelity Income Allocation Fund' performance is displayed for a time frame prior to May 04, 2015

Current value of a $10,000 investment

$

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Overview

Investment objective

The fund aims to achieve a high total investment return.  It invests primarily in investment grade fixed income securities, higher yielding lower quality fixed income securities, equity securities of companies that pay dividends or are expected to pay dividends, and other securities that are expected to distribute income.

This Fund may be suitable for investors who:

  • plan to hold their investment for the long-term
  • want to gain exposure to Canadian and foreign equity and fixed income securities
  • want the potential for both income and capital gains.

Fund essentials

Inception date 04/05/2015
Min initial inv $ 500
Min additional inv $ 100
MER % audited as at December 31, 2020 3.09
Management fee % 2.10

Management company

Fidelity Investments Canada ULC

Risk profile

Risk profile: Low-to-medium

Refer to Simplified Prospectus for more detail.

NOTES AND DISCLAIMERS

^Management Expense Ratio is an estimate in the first year.

Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies, is the issuer of Sun Life GIFs individual variable annuity contracts. A description of the key features of this contract is contained in the information folder.

Subject to any applicable death benefit and maturity guarantees, any part of the premium or other amount that is allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value according to fluctuations in the market value of the assets of the segregated fund.

Please refer to sunlifegifs.com for additional information.

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

Morningstar star ratings are an objective, quantitative measure of a fund's historical risk-adjusted performance relative to other funds in its category, and are calculated from a fund's 3, 5, and 10-year returns measured against 91-day Treasury bill and peer group returns. The top 10% of the funds in a category earn five stars; the next 22.5% four stars; the following 35% three stars; the next 22.5% two stars, and the bottom 10% one star. The Overall Rating is a weighted combination of the 3, 5, and 10-year ratings. Only funds with at least a three-year track record are considered, and ratings are calculated only for categories with at least 20 funds.

Morningstar quartile rankings show how well a fund has performed compared to all other funds in its peer group. Each fund within a peer group is ranked based on its performance, and these rankings are broken into quarters or quartiles. Within a group, the top 25% (or quarter) of the funds are in the first quartile, the next 25% are in the second quartile, the next group in the third quartile, and the bottom 25% of funds with the poorest relative performance are in the fourth quartile. The point in which half the funds had better performance and half had worse performance is the median. If 100 funds are being compared, there would be four quartiles of twenty-five funds each. The median would be the fiftieth fund.

For more details on the calculation of Morningstar star ratings or quartile rankings, please see www.morningstar.ca.

The Morningstar Style BoxTM reveals a fund's investment strategy. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). For fixed-income funds the vertical axis shows the average credit quality of the bonds owned, and the horizontal axis shows interest rate sensitivity as measured by a bond's duration (short, intermediate or long).

Morningstar category averages are equal-weighted category returns. The calculation is simply the average of the returns for all the funds in a given category. The standard category average calculation is based on constituents of the category at the end of the period.

Categories are assigned by Canadian Investment Funds Standards Committee (CIFSC) based on an evaluation of a fund's holdings. A fund's category may change at any time. Funds within the same category may differ in terms of investment philosophy, investment process, as well as overall composition.

The calculators found on this website and/or within fund pages generated by this website and by users are provided for illustrative purposes only. The calculators are educational and/or illustrative tools and do not constitute advice with respect to investment, insurance, financial, legal, tax, accounting or similar matters.

The Global Industry Classification Standard ("GICS") was developed by and is the exclusive property and a service mark of MSCI Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P") and is licensed for use by Sun Life Global Investments (Canada) Inc. Neither MSCI, S&P, nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

The information contained in this fund page/profile is designed to provide you with general information related to the fund and investment alternatives and strategies and is not intended to be comprehensive investment advice applicable to individual circumstances. We strongly recommend that investors consult with a financial advisor prior to making any investment decisions.

© 2015 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) 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.