Current Price
As of Nov 28, 2022
$10.3528 CAD
-$0.0779 CAD | -0.75%
Overall Morningstar™ rating
2 Star Rating
Out of 1053 Funds
CIFSC category
Global Equity Balanced

Risk profile

Low to medium

MER
As of Jun 30, 2022
1.90%
Key reasons to invest in Sun Life Tactical Growth ETF Portfolio
  • Access an all-in-one, managed portfolio that invests primarily in exchange traded funds (ETFs)
  • Designed for capital growth and income (with a tilt to growth), through a strategic mix of 8o% equity and 20% fixed income investments
  • Professionally diversified across a broad range of asset classes, geographies and ETF managers
  • Tactical adjustments allow the portfolio manager to manage risk and adapt to changing markets
    Fund essentials

    • Inception date
      Oct 26, 2018
    • Benchmark
      Blended benchmark
    • Management fee
      1.55%
    • Fund assets
      As of Oct 31, 2022
      $25.8M
    • Number of holdings
      As of Sep 30, 2022
      20
    • Distribution frequency
      Annually
    • Min initial investment
      $500
    • Min additional investment
      $50
    Fund codes
    ISCSUN 3100
    Performance

    Investment growth

    Oct 31, 2022

      Compound returns

      As of Oct 31, 2022
      Fund %
      1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
      Fund %3.2-3.4-5.8-13.41.32.8

      Calendar returns

      As of Oct 31, 2022
      Fund %
      • **For the period October 26 to December 31.
      YTD2021202020192018*201720162015201420132012
      Fund %-14.410.27.314.9-3.9
      • **For the period October 26 to December 31.

      Risk & Statistics

      As of Oct 31, 2022
      • Risk measures (3 years)
        Funds
      • Standard deviation
        12.27
      • Alpha
        -2.96
      • Beta
        1.02
      • R ²
        98.67
      • Upside capture
        91
      • Downside capture
        109
      • Sharpe Ratio %
        0.11

      Morningstar Ratingᵀᴹ and Quartile rankings

      As of Oct 31, 2022
      1 yr3 yr5 yr10 yr
      Morningstarᵀᴹ rating

      2 Star Rating

      Quartile (within category)34not availablenot available
      # of funds in category12421053871425

        Portfolio analysis

        Overall allocation

        As of Sep 30, 2022
        Asset allocation%
        swatch
        U.S. equity28.0
        Canadian equity25.8
        International equity19.1
        Fixed income15.1
        Other8.6
        Cash2.0
        Emg markets equity1.4
        Geographic allocation%
        swatch
        United States40.8
        Canada35.4
        Japan4.3
        United Kingdom2.5
        China1.8
        Switzerland1.6
        France1.4
        South Korea1.4
        Australia1.3
        Germany1.1
        Other8.4

          Equity allocation

          As of Sep 30, 2022
          Sector allocation*%
          swatch
          Financials18.6
          Information technology15.4
          Industrials11.0
          Energy9.0
          Consumer discretionary8.9
          Health care7.5
          Materials6.9
          Real Estate6.6
          Telecommunication services6.4
          Consumer staples6.1
          Utilities3.7
          • *Global Industry Classification Standard (GICS).

          Fixed income allocation

          As of Sep 30, 2022
          Fixed income allocation%
          swatch
          Government36.8
          Corporate Bond22.6
          Government-Related17.2
          Cash & Equivalents12.6
          Agency Mortgage-Backed7.5
          Convertible2.2
          Commercial Mortgage-Backed0.3
          Preferred Stock0.3
          Asset-Backed0.2
          Municipal Taxable0.2
          Covered Bond0.0
          Future/Forward0.0
          Swap0.0
          Bank Loan0.0
          Municipal Tax-Exempt0.0
          Non-agency Residential Mortgage-Backed0.0
          Option/Warrant0.0
          Credit mix%
          swatch
          AAA52.0
          AA15.8
          A12.3
          BBB12.7
          BB2.7
          B0.4
          Below B0.1
          Not Rated3.9

          Morningstar Style Boxᵀᴹ

          As of Oct 31, 2022

          Equity style

          value
          blend
          growth
          large
          mid
          small
          Large blend

          Fixed income style

          ltd
          mod
          ext
          large
          mid
          small
          Medium/Extensive

          Fixed income characteristics

          As of Sep 30, 2022
          • Yield To Maturity
            4.24%
          • Effective duration (years)
            6.12
          • Average maturity (years)
            9.51
          • Average credit quality
            AA
            Holdings

            Top ten holdings

            As of Sep 30, 2022
            HoldingsPercentage%
            Sun Life BlackRock Cdn Composite Equity24.4
            iShares Core S&P 500 ETF18.9
            SPDR® Portfolio Developed Wld ex-US ETF15.2
            Sunlife Granite Tactical Completion Fd I8.8
            Sun Life BlackRock Cdn Univ Bond5.9
            iShares Core MSCI Emerging Markets ETF5.0
            Invesco QQQ Trust4.9
            iShares Core US Aggregate Bond ETF4.9
            iShares 7-10 Year Treasury Bond ETF2.6
            Vanguard Small-Cap ETF2.6
              • Cash and cash equivalents are not shown.
              Management & Commentary

              Management

              Management Company :

              SLGI Asset Management Inc.

              image
              The Multi-Asset Solutions Team at Sun Life Global Investments is devoted to fund manager selection, oversight, and building managed solutions for Canadian investors – 100% of their time.

              Documents

              Notes and disclosures

                • 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 average 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.

                  Morningstar star ratings are an objective, quantitative measure of a fund's historical risk-adjusted performance relative to other funds in its category, and are calculated from a fund's 3, 5, and 10-year returns measured against 91-day Treasury bill and peer group returns. The top 10% of the funds in a category earn five stars; the next 22.5% four stars; the following 35% three stars; the next 22.5% two stars, and the bottom 10% one star. The Overall Rating is a weighted combination of the 3, 5, and 10-year ratings. Only funds with at least a three-year track record are considered, and ratings are calculated only for categories with at least 20 funds.

                  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).

                  Morningstar Market Capitalization Breakdown Stocks are first divided into seven style zones based on their country of domicile: United States, Latin America, Canada, Europe, Japan, Asia ex-Japan, and Australia/New Zealand. Capitalization assignments are determined as follows: 1) For all stocks in a style zone, the market cap of each stock is converted into a common currency. The stocks in each style zone are ordered in descending order by size, and a cumulative capitalization as a percentage of total sample capitalization is calculated as each stock is added to the list. 2) The stock that causes cumulative capitalization to equal or exceed 40% of the style zone's total cap is the final one assigned to the giant-cap group. 3) The largest of the remaining stocks are assigned to the large-cap group until cumulative capitalization equals or exceeds 70% of the total capitalization of the style zone. 4) The largest of the remaining stocks are assigned to the mid-cap group until cumulative capitalization equals or exceeds 90% of the total capitalization of the style zone. 5) The largest of the remaining stocks are assigned to the small-cap group until cumulative capitalization equals or exceeds 97% of the total capitalization of the style zone. 6) The remaining stocks are assigned to the micro-cap group. The Market Capitalization Breakdown at a fund level is a breakdown of the capitalization assignments of the fund's equity holdings.

                  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.