Current Price
As of Sep 25, 2023
$20.8711 CAD
$0.0990 CAD | 0.48%
Overall Morningstar™ rating
2 Star Rating
Out of 1200 Funds
CIFSC category
US Equity

Risk profile


As of Jun 30, 2023
Key reasons to invest in Sun Life MFS U.S. Growth Fund
  • An actively managed U.S. equity fund with a tilt to large, innovative companies
  • Invests in high-quality companies that generate above average, sustainable earnings growth
  • Looks for businesses where stock values are not fully reflecting their long term growth prospects
  • Applies a long-term, research-driven approach, focused on picking stocks across full market cycles
    Fund essentials

    • Inception date
      Aug 4, 2016
    • Benchmark
      Russell 1000 C$
    • Management fee
    • Fund assets
      As of Jun 30, 2023
    • Number of holdings
      As of Jul 31, 2023
    • Distribution frequency
    • Min initial investment
    • Min additional investment
    Fund codes
    NLSUN 1411

    Investment growth

    Aug 31, 2023

      Compound returns

      As of Aug 31, 2023
      Fund %
      1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
      Fund %0.48.821.617.12.18.712.3

      Calendar returns

      As of Aug 31, 2023
      Fund %
      • **For the period August 04 to December 31.
      Fund %26.2-32.521.926.935.01.628.2-1.9
      • **For the period August 04 to December 31.

      Risk & Statistics

      As of Jul 31, 2023
      • Risk measures (3 years)
      • Standard deviation
      • Alpha
      • Beta
      • R ²
      • Upside capture
      • Downside capture
      • Sharpe Ratio %

      Morningstar Ratingᵀᴹ and Quartile rankings

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

      1 Star Rating
      2 Star Rating

      Quartile (within category)242not available—
      # of funds in category13681200988498

        Portfolio analysis

        Overall allocation

        As of Jun 30, 2023
        Asset allocation%
        U.S. equity91.8
        International equity4.6
        Canadian equity0.9
        Geographic allocation%
        United States94.4
        United Kingdom1.5

          Equity allocation

          As of Jun 30, 2023
          Sector allocation*%
          Information technology35.7
          Telecommunication services12.3
          Health care11.7
          Consumer discretionary10.9
          Real Estate2.0
          Consumer staples1.6
          Market capitalization%
          • *Global Industry Classification Standard (GICS).

          Morningstar Style Boxᵀᴹ

          As of Aug 31, 2023

          Equity style

          Large growth


            Top ten holdings

            As of Jun 30, 2023
            Microsoft Corp9.7
            Apple Inc6.4
            Alphabet Inc Class A5.9
            NVIDIA Corp5.7
            Mastercard Inc Class A3.8
            Visa Inc Class A3.3
            Meta Platforms Inc Class A2.8
            Vulcan Materials Co2.1
            Boston Scientific Corp2.0
              • Cash and cash equivalents are not shown.
              Management & Commentary


              Management Company :

              SLGI Asset Management Inc.



              MFS Investment Management Canada Limited

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


              June 30, 2023
              Sun Life MFS U.S. Growth Fund | Q2 2023
              U.S. equities ended the quarter with strong gains amid moderating inflation trends and signs the U.S. economy remains resilient despite higher interest rates.


              Notes and disclosures

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

                  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.

                  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.

                  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.