TORONTO, May 3, 2019 /CNW/ - Sun Life Global
Investments (Canada) Inc. ("Sun
Life Global Investments") today announced changes to the financial
year-end of select funds (as listed below, the "Funds") managed by
Sun Life Global Investments with the aim of aligning such Funds'
year-ends with Sun Life Global Investments' other funds in order to
create operational efficiencies. The Funds' year-ends will change
from September 30 to December 31.
Funds impacted by this change:
- Sun Life Excel China Fund (formerly Excel China Fund)
- Sun Life Excel High Income Fund (formerly Excel High Income
Fund)
- Sun Life Excel India Fund (formerly Excel India Fund)
- Sun Life Excel Emerging Markets Balanced Fund (formerly Excel
Emerging Markets Balanced Fund)
- Sun Life Excel India Balanced Fund (formerly Excel India
Balanced Fund)
- Sun Life Excel New India Leaders Fund (formerly Excel New India
Leaders Fund)
- Growth & Income Class (a class of shares of Excel Funds
Mauritius Company Ltd.)
- New Leaders Class (a class of shares of Excel Funds Mauritius
Company Ltd.)
Transition Process
The transition year for each of the
Funds will be the fifteen-month period from October 1, 2018, to December 31, 2019 (the "Transition Year"). Each
of the Funds will file annual financial statements and annual MRFPs
for this period by March 30, 2020.
The comparative financial information included in each of the
Funds' annual financial statements will be for the old financial
year, the twelve-month period from October
1, 2017, to September 30,
2018.
Interim Financial Statements and MRFPs in the Transition
Year:
Each of the Funds will file interim financial
statements (unaudited) and interim MRFPs for the six-month interim
period from October 1, 2018, to
March 31, 2019, by May 30, 2019. The comparative financial
information included in the interim financial statements
(unaudited) will be for the six-month period from October 1, 2017, to March
31, 2018.
Annual Financial Statements and MRFPs in the New Financial
Year:
Following the completion of the Transition Year for
each of the Funds, the new financial year for each of the Funds
will run the twelve-month period from January 1, 2020, to December 31, 2020. Each of the Funds will file
annual financial statements and annual MRFPs for this period. The
comparative financial information included in the annual financial
statements will be for the fifteen-month period October 1, 2018, to December 31, 2019.
Interim Financial Statements and MRFPs in the New Financial
Year:
The interim financial period for each of the Funds
under the new financial year will be for the six-month period from
January 1, 2020, to June 30, 2020. Each of the Funds will file
interim financial statements (unaudited) and interim MRFPs for this
period. The comparative financial information included in the
interim financial statements (unaudited) will be for the six-month
period from January 1, 2019, to
June 30, 2019.
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 $23 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
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, 2018, Sun Life Financial had total assets under
management of $951 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 amounts 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.
Forward Looking Statements
Certain statements in this
news release are forward-looking statements within the meaning of
certain securities laws, including the "safe harbour" provisions of
the United States Private Securities Litigation Reform Act of 1995
and applicable Canadian securities legislation. Information about
risk factors relating to Sun Life Global Investments and Sun
Life Financial can be found in the annual information form of Sun
Life Financial Inc., for the year ended December 31,
2018, under the heading "Risk Factors" and other
regulatory filings filed with or furnished to Canadian and U.S.
securities regulators available
at www.sedar.com and www.sec.gov.
© Sun Life Global Investments (Canada) Inc., 2019. Sun Life Global
Investments (Canada) Inc. is a
member of the Sun Life Financial group of companies.
Media Relations Contact:
Catherine Rajana
Senior Media Specialist
Corporate Communications
T. 416-475-4744
catherine.rajana@sunlife.com
SOURCE Sun Life Global Investments (Canada) Inc.