Potential postal disruption. Prepare for possible mail delays due to Canada Post labour negotiations. You can use our mobile app or log in to my Sun Life to submit claims and/or check on your investments.
Not sure about how to invest your money? Dollar-cost averaging can be a good choice if you have a long-term investment horizon. This article covers the pros and cons to consider.
Dollar-cost averaging is the practice of investing a consistent dollar amount into a given investment on a regular basis. This allows you to invest no matter how well the markets are performing. However, as is the case with any investment strategy, you need to consider the potential pros and cons. It will help you to decide whether it’s the right way to invest for you.
In short, dollar-cost averaging can be an attractive option for investors who:
To ensure that dollar-cost averaging is the right option for you, talk to an advisor. They’ll assess your situation. And then confirm that this approach makes sense for you and consider your financial objectives and risk profile.
Here are some products to consider with a dollar-cost averaging strategy:
Sun Life MFS Diversified Income Fund
Sun Life MFS Global Growth Fund
Sun Life MFS International Opportunities Fund
The information contained in this document is provided for information purposes only and is not intended to represent specific individual financial investment, tax or legal advice nor does it constitute a specific offer to buy an/or sell securities. While the information contained in this document has been obtained from sources believed to be reliable, SLGI Asset Management Inc. cannot guarantee its accuracy, completeness or timeliness. Information in this document is subject to change without notice and SLGI Asset Management Inc. disclaims any responsibility to update it.
