It’s no secret that the industry doesn’t lack choice in managed solutions, or “all-in-one” portfolios. And no wonder! It’s an investment solution that delivers broad diversification in a single investment and caters to different investor needs through a suite of “target risk” portfolios. Our Sun Life Granite Managed Solutions are an example of this and provide different blends of equity/fixed income funds to align with different investor risk tolerances and timeframes.
Our Sun Life Granite Managed Solutions also follow an open architecture portfolio design. But what exactly does that mean? Let’s break it down.
Open architecture portfolio design
No one manager can be the best in every asset class. So, we seek specialized expertise with our multi-manager approach. With Sun Life Granite Managed Solutions, you benefit from an all-in-one, actively managed portfolio that’s aligned to your goals and risk tolerance. But you also benefit from the deep investment expertise of some of the industry’s most highly regarded fund managers. For example, a manager that specializes in Canadian Equity requires differentiated skills and expertise compared to an emerging market equity manager, or one that specializes in global fixed income.
One analogy for using sub-advisors might surprise you: your phone. Regardless of the type of phone you use, it will have apps from various developers that come together to make up your cellular experience. The apps don’t all come from one developer like Apple or Google. Instead, the phones are a vehicle for creativity from app developers around the world. Meaning, the app you use to tune a guitar comes from a different provider than the app that helps you track expenses. Wouldn’t you prefer a developer with music expertise to help you tune your guitar and one with financial experience to help track your finances? At Sun Life Global Investments, we rely on that kind of intellectual diversity to build Sun Life Granite Managed Solutions.
To find these top-tier managers for each asset class, we put more than 4,000 funds through a rigorous selection process. This open architecture format is more than just a hiring model – it’s also a risk management tool. Our broadened opportunity gives our team the flexibility to effectively respond to structural market changes and evolve the Granite strategic asset mix over time.
We carefully select specialized managers from all over the world to be a part of Sun Life Granite Managed Solutions, and unless they meet our exact standards on an ongoing basis, they may be removed. This allows us to choose managers we believe are the best fit for your portfolio.
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The information provided is not intended to be investment advice. Investors should consult their own professional advisor for specific investment and/or tax advice tailored to their needs when planning to implement an investment strategy to ensure that individual circumstances are considered properly, and action is taken based on the latest available information. Views expressed regarding a particular company, security, industry or market sector are the views of the writer and should not be considered an indication of trading intent of any investment funds managed by SLGI Asset Management Inc. These views are subject to change at any time and are not to be considered as investment advice nor should they be considered a recommendation to buy or sell.
