Current Price
As of Aug 8, 2022
$18.0328 CAD
-$0.0197 CAD | -0.11%
Overall Morningstar™ rating
5 Star Rating
Out of 1271 Funds
CIFSC category
Global Neutral Balanced

Risk profile

Low to medium

MER
As of Dec 31, 2021
1.01%
Key reasons to invest in Sun Life MFS Global Total Return Fund
  • An actively managed global balanced fund seeking a blend of growth and income
  • A typical mix of 60% equities and 40% fixed income, designed to remove market timing
  • Takes a value-based approach, with a tilt to global large-cap stocks
  • Global fixed income exposure is focused on investment grade corporate bonds
    Fund essentials

    • Inception date
      Oct 1, 2010
    • Benchmark
      Blended benchmark
    • Management fee
      0.75%
    • Fund assets
      As of Jun 30, 2022
      $686.0M
    • Number of holdings
      As of May 31, 2022
      654
    • Distribution frequency
      Annually
    • Min initial investment
      $500
    • Min additional investment
      $50
    Fund codes
    NLSUN 402NLSUN U402
    Performance

    Investment growth

    Jul 31, 2022

      Compound returns

      As of Jul 31, 2022
      Fund %
      1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
      Fund %3.7-0.5-6.6-5.53.44.47.57.2

      Calendar returns

      As of Jul 31, 2022
      Fund %
        YTD2021202020192018201720162015201420132012
        Fund %-7.88.26.114.8-2.08.03.210.811.021.78.5

          Risk & Statistics

          As of Jun 30, 2022
          • Risk measures (3 years)
            Funds
          • Standard deviation
            7.99
          • Alpha
            0.26
          • Beta
            0.93
          • R ²
            92.37
          • Upside capture
            95
          • Downside capture
            92
          • Sharpe Ratio %
            0.28

          Morningstar Ratingᵀᴹ and Quartile rankings

          As of Jun 30, 2022
          1 yr3 yr5 yr10 yr
          Morningstarᵀᴹ rating

          4 Star Rating
          4 Star Rating
          5 Star Rating
          Quartile (within category)1221
          # of funds in category148312711004475
            Portfolio analysis

            Overall allocation

            As of May 31, 2022
            Asset allocation%
            swatch
            Fixed income35.5
            U.S. equity31.2
            International equity24.2
            Cash4.9
            Canadian equity2.0
            Other1.3
            Emg markets equity0.9
            Geographic allocation%
            swatch
            United States52.4
            Japan8.0
            United Kingdom7.1
            Switzerland5.3
            France3.6
            Canada2.7
            South Korea2.5
            Germany2.5
            Netherlands1.8
            Italy1.4
            Other12.7

              Equity allocation

              As of May 31, 2022
              Sector allocation*%
              swatch
              Financials21.0
              Health care16.6
              Industrials14.8
              Information technology12.5
              Consumer staples12.2
              Telecommunication services6.3
              Materials4.9
              Consumer discretionary4.6
              Energy3.8
              Utilities2.7
              Real Estate0.7
              • *Global Industry Classification Standard (GICS).

              Fixed income allocation

              As of May 31, 2022
              Fixed income allocation%
              swatch
              Government39.4
              Corporate Bond28.1
              Cash & Equivalents12.1
              Agency Mortgage-Backed8.5
              Asset-Backed5.4
              Government-Related2.2
              Commercial Mortgage-Backed2.0
              Convertible1.5
              Municipal Taxable0.7
              Preferred Stock0.2
              Bank Loan0.0
              Covered Bond0.0
              Future/Forward0.0
              Municipal Tax-Exempt0.0
              Non-agency Residential Mortgage-Backed0.0
              Option/Warrant0.0
              Swap0.0
              Credit mix%
              swatch
              AAA34.0
              AA17.0
              A16.8
              BBB24.9
              BB1.1
              B0.0
              Below B0.0
              Not Rated6.2

              Morningstar Style Boxᵀᴹ

              As of Jun 30, 2022

              Equity style

              value
              blend
              growth
              large
              mid
              small
              Large value

              Fixed income characteristics

              As of May 31, 2022
              • Yield To Maturity
                3.98%
              • Effective duration (years)
                7.43
              • Average maturity (years)
                8.16
              • Average credit quality
                AA
                Holdings

                Top ten holdings

                As of May 31, 2022
                HoldingsPercentage%
                Canada (Government of) 09-Jun-222.9
                United States Treasury Notes 2.375% 15-May-291.8
                United States Treasury Bonds 1.125% 15-Aug-401.7
                Johnson & Johnson1.6
                Roche Holding AG1.5
                KDDI Corp1.4
                Merck & Co Inc1.4
                UBS Group AG1.3
                Japan (Government Of) 1.7% 20-Mar-321.3
                Japan (Government Of) 2.3% 20-Mar-401.2
                  • 1Cash and cash equivalents are not shown.
                  Management & Commentary

                  Management

                  Management Company :

                  SLGI Asset Management Inc.

                  Sub-advisors

                  image

                  MFS Investment Management Canada Limited

                  Founded in 1924, Boston-based MFS brings nearly a century of active management experience to investors’ portfolios.

                  Commentary

                  March 31, 2022
                  Sun Life MFS Global Total Return Fund | Q1 2022
                  The new year certainly started out down a very different path, with the global equity market falling sharply.

                  Documents

                  Notes and disclosures

                    • 2

                      Portfolio holdings are as at the date indicated and may change due to ongoing portfolio transactions of the investment fund.

                      Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. For periods greater than one year, the indicated rates of return are the historical annual compounded total returns as of the date indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

                      Ratings and/or ranking information is subject to change monthly.

                      Morningstar is an independent organization that groups funds with generally similar investment objectives for comparison purposes and ranks them on a historical basis.

                      The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

                      Morningstar quartile rankings show how well a fund has performed compared to all other funds in its peer group. Each fund within a peer group is ranked based on its performance, and these rankings are broken into quarters or quartiles. Within a group, the top 25% (or quarter) of the funds are in the first quartile, the next 25% are in the second quartile, the next group in the third quartile, and the bottom 25% of funds with the poorest relative performance are in the fourth quartile. The point in which half the funds had better performance and half had worse performance is the median. If 100 funds are being compared, there would be four quartiles of twenty-five funds each. The median would be the fiftieth fund.

                      For more details on the calculation of Morningstar star ratings or quartile rankings, please see www.morningstar.ca.

                      The Morningstar Style Box™ reveals a fund's investment strategy. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). For fixed-income funds the vertical axis shows the average credit quality of the bonds owned, and the horizontal axis shows interest rate sensitivity as measured by a bond's duration (short, intermediate or long).

                      Average credit quality gives a snapshot of the fund's overall credit quality. It is an average of each fixed income security's credit rating, adjusted for its relative weighting in the fixed income portion of the fund. Morningstar, Inc. is not itself a Designated Rating Organization (DRO), nor does it issue a credit rating on the fund. A DRO's ratings can change from time-to-time.

                      The information contained in this fund page/profile is designed to provide you with general information related to the fund and investment alternatives and strategies and is not intended to be comprehensive investment advice applicable to individual circumstances. We strongly recommend that investors consult with a financial advisor prior to making any investment decisions.

                      © 2022 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.