Current Price
As of Sep 25, 2023
$8.8760 CAD
-$0.0345 CAD | -0.39%
Overall Morningstar™ rating
3 Star Rating
Out of 1577 Funds
CIFSC category
Global Equity

Risk profile

Medium

MER
As of Jun 30, 2023
1.17%
Key reasons to invest in Sun Life Real Assets Private Pool
  • Diverse portfolio of listed real assets, including: infrastructure, REITs, and natural resources (including agri-business, clean energy, and water)
  • Strategically and tactically managed asset mix
  • Can help diversify traditional portfolios by adding alternative investments and asset classes that have performed well during inflationary periods
  • Natural resources sleeve has a focus on environmental, social & governance factors (ESG)
    Fund essentials

    • Inception date
      Feb 2, 2015
    • Benchmark
      Blended benchmark
    • Management fee
      0.90%
    • Fund assets
      As of Jun 30, 2023
      $1.4B
    • Number of holdings
      As of Jul 31, 2023
      183
    • Distribution frequency
      Annually
    • Min initial investment
      $500
    • Min additional investment
      $50
    Fund codes
    NLSUN 485
    Performance

    Investment growth

    Aug 31, 2023

      Compound returns

      As of Aug 31, 2023
      Fund %
      1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
      Fund %-2.21.5-1.14.78.36.95.4

      Calendar returns

      As of Aug 31, 2023
      Fund %
      • **For the period February 02 to December 31.
      YTD20222021202020192018201720162015*20142013
      Fund %3.5-8.821.97.015.5-2.010.68.2-5.9
      • **For the period February 02 to December 31.

      Risk & Statistics

      As of Jul 31, 2023
      • Risk measures (3 years)
        Funds
      • Standard deviation
        13.97
      • Alpha
        -0.66
      • Beta
        1.01
      • R ²
        84.79
      • Upside capture
        101
      • Downside capture
        107
      • Sharpe Ratio %
        0.60

      Morningstar Ratingᵀᴹ and Quartile rankings

      As of Aug 31, 2023
      1 yr3 yr5 yr10 yr
      Morningstarᵀᴹ rating

      3 Star Rating
      3 Star Rating

      Quartile (within category)422not available—
      # of funds in category191615771357636

        Portfolio analysis

        Overall allocation

        As of Jun 30, 2023
        Asset allocation%
        swatch
        U.S. equity43.8
        International equity43.7
        Canadian equity4.2
        Cash3.5
        Emg markets equity2.4
        Other2.4
        Geographic allocation%
        swatch
        United States46.5
        United Kingdom13.7
        Netherlands4.6
        Italy4.4
        Canada4.4
        France4.1
        Australia3.9
        Japan2.7
        Germany1.7
        Spain1.7
        Other12.3

          Equity allocation

          As of Jun 30, 2023
          Sector allocation*%
          swatch
          Real Estate30.5
          Utilities25.6
          Industrials24.3
          Information technology5.3
          Materials4.9
          Consumer staples3.5
          Health care2.0
          Telecommunication services1.8
          Consumer discretionary1.3
          Financials0.8
          Energy0.0
          Market capitalization%
          swatch
          Giant2.9
          Large38.6
          Medium45.3
          Small11.4
          Micro1.8
          • *Global Industry Classification Standard (GICS).

          Morningstar Style Boxᵀᴹ

          As of Aug 31, 2023

          Equity style

          value
          blend
          growth
          large
          mid
          small
          Medium blend

            Holdings

            Top ten holdings

            As of Jun 30, 2023
            HoldingsPercentage%
            National Grid PLC3.1
            Prologis Inc2.7
            CSX Corp2.6
            Norfolk Southern Corp2.6
            Vinci SA2.6
            Ferrovial SE2.4
            United Utilities Group PLC Class A2.3
            Equinix Inc1.9
            Severn Trent PLC1.9
            Snam SpA1.5
              • Cash and cash equivalents are not shown.
              Management & Commentary

              Management

              Management Company :

              SLGI Asset Management Inc.

              Sub-advisors

              image

              KBI Global Investors (North America) Ltd.

              KBI Global Investors is an Irish institutional investment boutique, with specialized expertise in global dividend investing, natural resources and responsible investing.

              image

              Lazard Asset Management (Canada), Inc.

              For decades, Lazard Asset Management has been managing investment portfolios, with global capabilities in infrastructure investing.

              image

              MFS Investment Management Canada Limited

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

              Commentary

              June 30, 2023
              Sun Life Real Assets Private Pool | Q2 2023
              Amid a volatile quarter characterized by fluctuating interest rate expectations and banking turmoil, global equities posted strong positive returns.

              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 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).

                  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.