Sun Life Assurance Company of Canada

How risky is it?

The value of the fund can go down as well as up. You could lose money.

One way to gauge risk is to look at how much a fund’s returns change over time. This is called “volatility”.

In general, funds with higher volatility will have returns that change more over time. They typically have a greater chance of losing money and have a greater chance of higher returns. Funds with lower volatility tend to have returns that change less over time. They typically have lower returns and may have a lower chance of losing money.

Risk rating

Sun Life has rated the volatility of this fund as low. This rating is based on how much the fund’s returns have changed from year to year. It doesn’t tell you how volatile the fund will be in the future. The rating can change over time. A fund with a low risk rating can still lose money.

For more information about the risk rating and specific risks that can affect the fund’s returns, see the “potential risks of investing” section of the information folder.

How much does it cost?

The following tables show the fees and expenses you could pay to buy, own and sell units of the fund. The fees and expenses – including any commissions – can vary among series of a fund and among funds. Higher commissions can influence advisors to recommend one investment over another. Ask about other funds and investments that may be suitable for you at a lower cost.

Sales charge options

Front-end load (FEL) sales charge

What you pay

• 0% of the purchase price of the units you buy.

How it works

• No front end load (FEL) sales charge can be charged on this fund. You and your advisor negotiate the fee when you switch from this fund to units of other funds available under your contract.

Deferred sales charge (DSC), Low load (LL) sales charge, Advisor chargeback (CB)

What you pay

• No deferred sales charge (DSC), low load (LL) sales charge or advisor chargeback (CB) is applicable to premiums deposited to this fund.. DSC or LL sales charges and CB are based on the original purchase date of units fund switched into or out of this fund. For more information on the original purchase date, refer to the How it works section.

How it works

• No sales charge applies to premiums deposited to this fund. A fund switch from units of this fund to units of another fund with a DSC, LL sales charge or CB will result in the applicable DSC, LL or CB schedule applying to those units acquired, and the date of the fund switch will be treated as the date of purchase of the units.
• If units of this fund are acquired as a result of a fund switch from units of another fund with a DSC, LL or CB sales charge option, the DSC, LL or CB schedule which previously applied to the units switched will continue to apply to the units of this fund acquired. That schedule will continue to apply if those units are switched to another fund in the future.
• You do not pay a fee when you buy units of this fund.

Other fees

You may have to pay other fees when you purchase, switch and transition units of the fund.

• Early withdrawal fee — 2% of the value of the units you withdraw within 30 days of buying them.

What if I change my mind?

You can change your mind about your investment in a fund within two business days of the earlier of the date you received confirmation or five business days after it is mailed. You can also change your mind about subsequent transactions you make under the contract within two business days of the earlier of the date you received confirmation or five business days after it is mailed. In this case the right to cancel only applies to the new transaction.

You have to tell us in writing by email, fax or letter that you want to cancel. The amount returned will be the lesser of the amount you invested or the value of the fund if it has gone down. The amount returned only applies to the specific transaction and will include a refund of any fees you paid.

For more information