Sun Life Global Investments (Canada) Inc. has announced management fee reductions for its Sun Life Templeton Global Bond Fund to provide Canadians diversification and investment expertise at a lower cost.
Effective April 28, the management fees for Series A and E of the Sun Life Templeton Global Bond Fund will be reduced to 1.25% – a reduction of 29%, while management fees for Series O will be reduced to 0.75% – a reduction of 40%.
These management fee reductions will in turn provide investors with lower management expense ratios (MERs).
Series A units are available to all investors, subject to certain minimum investment requirements. Series E and O units are available within the Private Client program to investors who meet the minimum requirements.