In the news release, Sun Life Global Investments announces
changes to Sun Life Sentry Infrastructure Fund, issued Oct 31, 2017 by Sun Life Global Investments,
please note changes in the first and second paragraph. We are
advised by the company that State Street Global Markets Canada Inc.
("State Street") should have been referred to as 'transition
manager', not 'interim sub-advisor'. Also, the release has been
updated to note that Sun Life Global Investments continues to act
as portfolio manager of the Fund. The complete, corrected release
follows:
Sun Life Global Investments announces changes to Sun Life Sentry
Infrastructure Fund
TORONTO, Oct. 31, 2017 /CNW/ - Sun Life Global
Investments (Canada) Inc.
announced today that it is terminating Sentry Investments Inc.
("Sentry") as the sub-advisor to Sun Life Sentry Infrastructure
Fund ("the Fund"), effective as of the end of business October 31, 2017. The decision is due to
unexpected portfolio manager changes at Sentry following the firm's
acquisition by CI Financial Corp. ("CI"). Accordingly, effective
November 1, 2017, the Fund will be
renamed Sun Life Infrastructure Fund. Sun Life Global Investments
continues to act as portfolio manager of the Fund and the Fund's
investment objective and investment strategies remain
unchanged.
Sun Life Global Investments has appointed State Street Global
Markets Canada Inc. ("State Street") as the transition manager to
the Fund, effective as of the end of business October 31, 2017. State Street will serve as
transition manager while Sun Life Global Investments seeks an
appropriate replacement for Sentry. Sun Life Global Investments
will announce the new sub-advisor as soon as a selection is
made.
As with any acquisition scenario that involves our partners, Sun
Life Global Investments is monitoring the integration progress
between CI and Sentry for any further changes that may be
required.
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 more than $18
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 is a
leading international financial services organization providing a
diverse range of insurance, wealth and asset management solutions
to individuals 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 June 30,
2017, Sun Life Financial had total assets under management
of $944 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.
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.