Sun Life Global Investments (Canada) Inc. Tuesday introduced the Sun Life Granite Managed Portfolios, a series of asset allocation portfolios available through advisors where the fund allocation mix is managed and adjusted to react to market conditions.
Led by Sadiq Adatia, the Sun Life Global Investments’ in-house portfolio management team adjusts the exposure to various asset classes, optimizing performance and managing risk in response to prevailing market conditions.
“With the volatile and uncertain economic environment over the past year, investors are increasingly looking for solutions that provide appropriate diversification,” says Adatia, chief investment officer, Sun Life Global Investments. “Our new mutual funds help to meet their needs by providing easy access to some of the best asset managers from around the world, while continuing our focus on managing risk.”
The series of portfolios contain a diversified asset mix of 10-15 funds from Sun Life Global Investments, Sun Life affiliates and third-party asset managers. “We take diversification a step further by offering investors access to non-traditional asset classes, such as infrastructure and real estate, to help them manage risk and provide future growth potential,” adds Adatia.
Investors have the option of five portfolios to match their current risk tolerance and investment goals:
- Sun Life Managed Conservative Portfolio
- Sun Life Managed Moderate Portfolio
- Sun Life Managed Balanced Portfolio
- Sun Life Managed Balanced Growth Portfolio
- Sun Life Managed Growth Portfolio
The new portfolios align with Sun Life’s strategic focus on continuing to build on its leadership position in Canada in wealth management while broadening its asset management businesses around the world.
The portfolios are also available in Series T units allowing investors access to a steady, tax-efficient stream of cash flow.
The new funds will be available through Sun Life advisors, MFDA and IIROC advisors.