TORONTO, March 28, 2018 /CNW/ - Sun Life Global
Investments (Canada) Inc. ("Sun
Life Global Investments") and Excel Funds Management Inc. ("Excel")
today announced the risk-rating change for the Excel China Fund.
Effective immediately, the risk-rating for Excel China Fund ("the
fund") has changed from "Medium to High" to "High".
This change is the result of a review that was conducted as part
of Sun Life Global Investments' ongoing fund review process. During
the review, it was identified that the fund's risk-rating should be
classified at a higher risk level. The investment objectives and
strategies of the fund remain unchanged.
Sun Life Global Investments reviews the risk rating of funds at
least once a year, as well as when a fund undergoes a material
change.
About Sun Life Global Investments (Canada) Inc.
Sun Life Global
Investments is a subsidiary of Sun Life Financial Inc. It offers
Canadians a diverse lineup of mutual funds and innovative portfolio
solutions, empowering them to pursue their financial goals at every
life stage. We bring together the strength of one of Canada's most trusted names in financial
services with some of the best asset managers from around the world
to deliver a truly global investment platform. Sun Life Global
Investments manages $21 billion on
behalf of institutional and retail investors from coast to coast
and is a member of the Sun Life Financial group of companies. For
more information, visit www.sunlifeglobalinvestments.com or connect
with us on Twitter @SLGI_Canada.
About Sun Life Financial
Sun Life Financial Inc. is a
leading international financial services organization providing
insurance, wealth and asset management solutions to individual and
corporate Clients. Sun Life Financial has operations in a number of
markets worldwide, including Canada, the United
States, the United Kingdom,
Ireland, Hong Kong, the
Philippines, Japan,
Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2017, Sun
Life Financial had total assets under management of $975 billion. For more information please
visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
About Excel Funds Management Inc.
Founded in 1998, Excel Funds Management Inc. is an investment fund
manager offering actively-managed core and specialty investment
solutions to retail investors, including access to the largest
suite of emerging markets investments in Canada. Excel Funds'
strategic alignment with active, on-the-ground sub-advisors who
work in collaboration with its in-house managers, enhances the
depth and breadth of its portfolio management team. Excel Funds has
access to a global network of over 700 portfolio managers and 200
research analysts, who provide firsthand knowledge of the markets
in which they invest. For more information, please
visit www.excelfunds.com.
Note to Editors: All figures in Canadian dollars.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments. Please read the
prospectus before investing. Mutual funds are not guaranteed, their
values change frequently and past performance may not be
repeated.
Media Relations Contact:
Derek
Kirk
Manager, Media & PR
Corporate Communications
T. 416-432-2996
derek.kirk@sunlife.com
SOURCE Sun Life Global Investments (Canada) Inc.