Current Price
As of Jun 14, 2024
$16.7739 CAD
-$0.0712 CAD | -0.42%
Overall Morningstar™ rating
2 Star Rating
Out of 1033 Funds
CIFSC category
US Equity

Risk profile

Medium

MER
As of Dec 31, 2023
0.17%
Key reasons to invest in Sun Life MFS U.S. Value Fund
  • An actively managed U.S. equity fund with a tilt to undervalued, larger companies
  • Invests in high-quality, sustainable businesses that are under-appreciated by the market
  • Seeks strong performance by taking advantage of shorter-term influences on stock prices, while being mindful of risk
  • 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
      0.80%
    • Fund assets
      As of May 31, 2024
      $813.8M
    • Number of holdings
      As of Apr 30, 2024
      75
    • Distribution frequency
      Annually
    • Min initial investment
      $500
    • Min additional investment
      $50
    Fund codes
    ISCSUN O1112
    Performance

    Investment growth

    May 31, 2024

    • Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect the future value of any mutual fund or returns on investment in any mutual fund.

    Compound returns

    As of May 31, 2024
    Fund %
    1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
    Fund %2.83.312.620.35.610.69.4

    Calendar returns

    As of May 31, 2024
    Fund %
    • **For the period August 04 to December 31.
    YTD20232022202120202019201820172016*20152014
    Fund %7.97.0-6.125.05.328.2-10.116.35.1
    • **For the period August 04 to December 31.

    Risk & Statistics

    As of May 31, 2024
    • Risk measures (3 years)
      Funds
    • Standard deviation
      15.25
    • Alpha
      -5.10
    • Beta
      0.88
    • R ²
      70.54
    • Upside capture
      74
    • Downside capture
      94
    • Sharpe Ratio %
      0.25

    Morningstar Ratingᵀᴹ and Quartile rankings

    As of May 31, 2024
    1 yr3 yr5 yr10 yr
    Morningstarᵀᴹ rating

    2 Star Rating
    2 Star Rating

    Quartile (within category)444not available—
    # of funds in category11661033527527

      Portfolio analysis

      Overall allocation

      As of Mar 31, 2024
      Asset allocation%
      swatch
      U.S. equity91.9
      International equity6.3
      Cash1.1
      Canadian equity0.6
      Other0.1
      Geographic allocation%
      swatch
      United States93.0
      Switzerland3.4
      United Kingdom1.8
      Netherlands1.2
      Canada0.6

        Equity allocation

        As of Mar 31, 2024
        Sector allocation*%
        swatch
        Financials26.2
        Industrials17.6
        Health care15.4
        Information technology8.6
        Consumer staples8.0
        Utilities7.1
        Energy5.8
        Consumer discretionary3.6
        Materials3.0
        Telecommunication services2.6
        Real Estate2.2
        Market capitalization%
        swatch
        Giant15.9
        Large70.4
        Medium13.7
        Small0.0
        Micro0.0
        • *Global Industry Classification Standard (GICS).

        Morningstar Style Boxᵀᴹ

        As of May 31, 2024

        Equity style

        value
        blend
        growth
        large
        mid
        small
        Large value

          Holdings

          Top ten holdings

          As of Mar 31, 2024
          HoldingsPercentage%
          JPMorgan Chase & Co4.8
          Progressive Corp3.4
          The Cigna Group3.2
          ConocoPhillips2.7
          McKesson Corp2.5
          Marsh & McLennan Companies Inc2.3
          Comcast Corp Class A2.3
          Aon PLC Class A2.3
          Lowe's Companies Inc2.2
          Johnson & Johnson2.1
            • Cash and cash equivalents are not shown.
            Management & Commentary

            Management

            Management Company :

            SLGI Asset Management Inc.

            Sub-advisors

            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, 2023
            Sun Life MFS Global Value Fund | Q1 2023
            Financial markets started the year in buoyant mood, with both equities and bonds rallying in January on a wave of optimism that the major economies might escape recession with either a soft landing or even ‘no’ landing in which the economy does not slow.

            Documents

            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.

                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.