Series A
Generally known as retail Series and are available to all investors. There are minimal requirements to meet, and low purchase minimums. MERs for this series are typically higher than others and include commissions and trailing commissions to the advisors. They are available in several options including No Load and Front End Sales Charge options.
Series AH
The characteristics of Series AH securities are the same as Series A securities, except that the return of Series AH securities will reflect the performance of the Fund after hedging substantially all of the foreign currency exposure. Series AH securities are designed for investors who want exposure to foreign investments but wish to minimize the impact of foreign currency movements relative to the Canadian dollar on their investments.
Series F
Series F securities are available to investors who have a fee-based account with their dealer and whose dealer has signed an agreement with us. Instead of paying trailing commissions, investors buying Series F securities pay fees to their dealer for investment advice and other services. We do not pay any commissions to dealers in respect of Series F securities, so we can charge a lower management fee. If you cease to be eligible to hold Series F securities, we may change your Series F securities for Series A securities of the same Fund under the Front End Sales Charge option.
Series FH
The characteristics of Series FH securities are the same as Series F securities, except that the return of Series FH securities will reflect the performance of the Fund after hedging substantially all of the foreign currency exposure attributable to Series FH. Series FH securities are designed for investors who want exposure to foreign investments but wish to minimize the impact of foreign currency movements relative to the Canadian dollar on their investments.
If you cease to be eligible to hold Series FH securities, we may change your Series FH securities for Series AH securities of the same Fund under the Front End Sales Charge option.
Series I
Series I securities are special purpose securities that are currently only available to other mutual funds and eligible institutional investors. Series I securities are not sold to the general public. Each Series I investor negotiates its own management and advisory fee that is paid directly to us. Series I securities are not generally sold through dealers, and no sales commissions are payable to dealers for selling these securities. We must approve any switch to or from the Series I securities. Series I securities are not eligible for the Private Client Program at Sun Life Global Investments.
If you cease to be eligible to hold Series I securities, we may change your Series I securities for Series A securities of the same Fund under the Front End Sales Charge option.
Series IH
The characteristics of Series IH securities are the same as Series I securities, except that the return of Series IH securities will reflect the performance of the Fund after hedging substantially all of the foreign currency exposure attributable to Series IH. Series IH securities are designed for investors who want exposure to foreign investments but wish to minimize the impact of foreign currency movements relative to the Canadian dollar on their investments. If you cease to be eligible to hold Series IH securities, we may change your Series IH securities for Series AH securities of the same Fund under the Front End Sales Charge option
Series O
Series O securities are only available to investors through the Sun Life Global Investments Private Client Program and to investors whose dealer has signed a Series O dealer agreement with us. Each Series O investor pays a management fee directly to us and is eligible for management fee reductions, if any, based on the value of Series O securities held in the investor’s account. The Series O management fee is paid, after subtracting any management fee reductions, by a redemption of Series O securities held in the investor’s account.
If your account ceases to qualify for the Private Client Program, we may change the Series O securities held in your account for Series A securities of the same Fund under the Front End Sales Charge option.
Series OH
The characteristics of Series OH securities are the same as Series O securities, except that the return of Series OH securities will reflect the performance of the Fund after hedging substantially all of the foreign currency exposure attributable to Series OH. Series OH securities are designed for investors who want exposure to foreign investments but wish to minimize the impact of foreign currency movements relative to the Canadian dollar on their investments.
If your account ceases to qualify for the Private Client Program, we may change the Series OH securities held in your account for Series AH securities of the same Fund under the Front End Sales Charge option.
Series AT5 and AT8
Series AT5 and Series AT8 securities are available to all investors. Series AT5 and Series AT8 securities are designed to provide investors with a fixed monthly distribution based on a target annualized distribution rate of 5% and 8% of the NAV per security, respectively, at the end of the prior year. The amount of the monthly distribution will be reset at the beginning of each calendar year. The monthly distributions are not intended to reflect a Fund’s investment performance and should not be confused with “yield” or “income”. The monthly distributions will be comprised of capital. The distribution rate on Series AT5 and Series AT8 securities may be greater than the return on the Fund’s investments. If the cash distributions to you are greater than the net increase in value of your investment, the distributions will erode the value of your original investment. A distribution of capital is not immediately taxable to you but will reduce the adjusted cost base of your securities. Please see Income tax considerations for investors for a discussion of the tax consequences of a distribution of capital. Ordinary dividends and capital gains dividends may also be paid on Series AT5 and Series AT8 securities, if required.
We reserve the right to adjust the amount of the monthly distribution if we consider it appropriate, without notice. There can be no assurance that Series AT5 or Series AT8 securities will make any distributions in any particular month.
Series T5 and T8
Series T5 and Series T8 securities are available to all investors. Series T5 and T8 securities are designed to provide investors with a fixed monthly distribution based on a target annualized distribution rate of 5% (in the case of Series T5) and 8% (in the case of Series T8) of the NAV per security of the relevant series at the end of the prior year. The amount of the monthly distribution will be reset at the beginning of each calendar year. The monthly distributions are not intended to reflect a Fund’s investment performance and should not be confused with “yield” or “income”.
The target monthly distributions may be paid out of income, capital gains or capital of the Fund and the composition may vary from month to month. A portion of the monthly distribution for Series T5 or Series T8 securities is likely to include a return of capital. The distribution rate on these series may be greater than the return on the Fund’s investments. If the cash distributions to you are greater than the net increase in value of your investment, the distributions will erode the value of your original investment. A distribution of capital is not immediately taxable to you but will reduce the adjusted cost base of your securities. Please see Income tax considerations for investors for a discussion of the tax consequences of a distribution of capital. Additional distributions of income and capital gains will be made in December if required.
We reserve the right to adjust the amount of the monthly distribution if we consider it appropriate, without notice. There can be no assurance that Series T5 or Series T8 securities will make any distributions in any particular month.
Series F5 and F8
Series F5 and Series F8 securities are available to investors who have a fee-based account with their dealer and whose dealer has signed an agreement with us. Instead of paying sales charges, investors buying Series F5 and Series F8 securities pay fees to their dealer for investment advice and other services. We do not pay any commissions to dealers in respect of Series F5 and Series F8 securities, so we can charge a lower management fee.
Series F5 and Series F8 securities are designed to provide investors with a fixed monthly distribution based on a target annualized distribution rate of 5% (in the case of Series F5) and 8% (in the case of Series F8) of the NAV per security of the relevant series at the end of the prior year. The amount of the monthly distribution will be reset at the beginning of each calendar year. The monthly distributions are not intended to reflect a Fund’s investment performance and should not be confused with “yield” or “income”. The target monthly distributions may be paid out of income, capital gains or capital of the Fund and the composition may vary from month to month. A portion of the monthly distribution for Series F5 or Series F8 securities is likely to include a return of capital.
The distribution rate on these series may be greater than the return on the Fund’s investments. If the cash distributions to you are greater than the net increase in value of your investment, the distributions will erode the value of your original investment. A distribution of capital is not immediately taxable to you but will reduce the adjusted cost base of your securities. Please see Income tax considerations for investors for a discussion of the tax consequences of a distribution of capital. Additional distributions of income and capital gains will be made in December if required.
We reserve the right to adjust the amount of the monthly distribution if we consider it appropriate, without notice.
There can be no assurance that Series F5 or Series F8 securities will make any distributions in any particular month.
If you cease to be eligible to hold Series F5 and F8 securities, we may change your Series F5 and F8 securities to Series T5 and T8 securities of the same Fund under the Front End Sales Charge option.
Series FT5 and FT8
Series FT5 and Series FT8 securities are available to investors who have a fee-based account with their dealer and whose dealer has signed an agreement with us. Instead of paying sales charges, investors buying Series FT5 and
Series FT8 securities pay fees to their dealer for investment advice and other services. We do not pay any commissions to dealers in respect of Series FT5 and Series FT8 securities, so we can charge a lower management fee.
Series FT5 and Series FT8 securities are designed to provide investors with a fixed monthly distribution based on a target annualized distribution rate of 5% and 8% of the NAV per security, respectively, at the end of the prior year.
The amount of the monthly distribution will be reset at the beginning of each calendar year. The monthly distributions are not intended to reflect a Fund’s investment performance and should not be confused with “yield” or “income”. The monthly distributions will be comprised of capital. The distribution rate on Series FT5 and Series FT8 securities may be greater than the return on the Fund’s investments. If the cash distributions to you are greater than the net increase in value of your investment, the distributions will erode the value of your original investment. A distribution of capital is not immediately taxable to you but will reduce the adjusted cost base of your securities. Please see Income tax considerations for investors for a discussion of the tax consequences of a distribution of capital. Ordinary dividends and capital gains dividends may also be paid on Series FT5 and Series FT8 securities, if required.
We reserve the right to adjust the amount of the monthly distribution if we consider it appropriate, without notice.
There can be no assurance that Series FT5 and Series FT8 securities will make any distributions in any particular month. If you cease to be eligible to hold Series FT5 and Series FT8, we may change your Series FT5 and Series FT8 to Series AT5 and Series AT8 securities of the same Fund under the Front End Sales Charge option.
