Current Price
As of Feb 3, 2023
$3.3887 CAD
-$0.0200 CAD | -0.59%
Overall Morningstar™ rating
3 Star Rating
Out of 32 Funds
CIFSC category
High Yield Fixed Income

Risk profile

Low to medium

MER
As of Jun 30, 2022
2.10%
Key reasons to invest in Sun Life Amundi Emerging Markets Debt Fund
  • Designed to seek total returns with a combination of interest income and capital growth
  • Invests in debt securities issued by government, quasi-government and corporate issuers located in emerging market countries
  • Actively managed currency overlay to provide hedge as well as contribute to portfolio returns
    Fund essentials
    • Effective July 14, 2021 Sun Life Excel High Income Fund was renamed Sun Life Amundi Emerging Markets Debt Fund. 
    • Inception date
      Oct 22, 2010
    • Benchmark
      Blended benchmark
    • Management fee
      1.70%
    • Fund assets
      As of Dec 30, 2022
      $28.1M
    • Number of holdings
      As of Nov 30, 2022
      76
    • Distribution frequency
      Monthly
    • Min initial investment
      $250
    • Min additional investment
      $50
    Fund codes
    ISCSUN L111DSCSUN L211LSCSUN L311ISCSUN L841DSCSUN L843LSCSUN L845
    Performance

    Investment growth

    Jan 31, 2023

      Compound returns

      As of Jan 31, 2023
      Fund %
      1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
      Fund %2.19.49.7-5.5-4.9-2.01.72.8

      Calendar returns

      As of Jan 31, 2023
      Fund %
        YTD2022202120202019201820172016201520142013
        Fund %2.1-7.7-7.70.96.0-1.63.36.68.011.0-1.6

          Risk & Statistics

          As of Dec 31, 2022
          • Risk measures (3 years)
            Funds
          • Standard deviation
            10.26
          • Alpha
            -1.82
          • Beta
            0.94
          • R ²
            79.64
          • Upside capture
            72
          • Downside capture
            90
          • Sharpe Ratio %
            -0.52

          Morningstar Ratingᵀᴹ and Quartile rankings

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

          3 Star Rating
          3 Star Rating
          3 Star Rating
          Quartile (within category)2333
          # of funds in category52322815

            Portfolio analysis

            Overall allocation

            As of Nov 30, 2022
            Asset allocation%
            swatch
            Fixed income86.9
            Cash8.4
            Other4.6
            Geographic allocation%
            swatch
            Indonesia9.8
            Mexico9.8
            South Africa7.8
            Brazil6.8
            China6.5
            Supranational5.9
            Romania4.3
            Peru4.3
            United Arab Emirates3.9
            Kazakhstan3.3
            Other37.7

              Fixed income allocation

              As of Nov 30, 2022
              Fixed income allocation%
              swatch
              Government56.0
              Government-Related17.8
              Corporate Bond17.1
              Cash & Equivalents9.1
              Agency Mortgage-Backed0.0
              Asset-Backed0.0
              Bank Loan0.0
              Commercial Mortgage-Backed0.0
              Convertible0.0
              Covered Bond0.0
              Future/Forward0.0
              Municipal Taxable0.0
              Municipal Tax-Exempt0.0
              Non-agency Residential Mortgage-Backed0.0
              Option/Warrant0.0
              Preferred Stock0.0
              Swap0.0
              Credit mix%
              swatch
              AAA5.5
              AA6.0
              A6.9
              BBB38.8
              BB19.2
              B15.1
              Below B5.0
              Not Rated3.6

              Morningstar Style Boxᵀᴹ

              As of Dec 31, 2022

              Fixed income style

              ltd
              mod
              ext
              large
              mid
              small
              Medium/Moderate

              Fixed income characteristics

              As of Nov 30, 2022
              • Yield To Maturity
                8.41%
              • Effective duration (years)
                5.76
              • Average maturity (years)
                8.52
              • Average credit quality
                BBB
                Holdings

                Top ten holdings

                As of Nov 30, 2022
                HoldingsPercentage%
                Petroleos Mexicanos 7.19% 12-Sep-246.8
                South Africa (Republic of) 8% 31-Jan-305.8
                Indonesia (Republic of) 6.125% 15-May-283.6
                Romania (Republic Of) 3.65% 24-Sep-313.6
                Indonesia (Republic of) 7.5% 15-May-383.0
                COLOMBIAN TES 7.5% 26AUG26 26-Aug-263.0
                Malaysia (Government Of) 3.9% 30-Nov-262.5
                Peru (Republic of) 5.35% 12-Aug-402.4
                International Finance Corporation 6.3% 25-Nov-242.0
                Sinopec Group Overseas Development (2018) Limited 2.3% 08-Jan-311.8
                  • Cash and cash equivalents are not shown.
                  Management & Commentary

                  Management

                  Management Company :

                  SLGI Asset Management Inc.

                  Sub-advisors

                  image

                  Amundi Canada Inc.

                  Headquartered in Paris, France, Amundi is a French asset management company with a local presence in close to 40 countries world-wide, including Canada. Amundi offers a full range of investment solutions, including one of the industry’s deepest selections of emerging market fixed income products.

                  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.