Current Price
As of Sep 23, 2022
$9.2355 CAD
-$0.0445 CAD | -0.48%
Overall Morningstar™ rating
1 Star Rating
Out of 283 Funds
CIFSC category
Global Fixed Income Balanced

Risk profile

Low

MER
As of Dec 31, 2021
2.65%
Key reasons to invest in Sun GIF Solutions Sun Life Tactical Conservative ETF Portfolio Estate Series A
  • 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 65% fixed income and 35% equity 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
      Jun 3, 2019
    • Benchmark
      Blended benchmark
    • Management fee
      1.66%
    • Fund assets
      As of Aug 31, 2022
      $11.6M
    • Number of holdings
      As of Jul 31, 2022
      21
    • Min initial investment
      $500
    • Min additional investment
      $100
    Fund codes
    FELSLF SE186DSCSLF SE286LSCSLF SE386CBSLF SE786
    Performance

    Investment growth

    Aug 31, 2022

    • 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 segregated fund or returns on investment in any segregated fund.

    Compound returns

    As of Aug 31, 2022
    Fund %
    1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
    Fund %-2.6-3.4-9.3-14.1-2.7-1.8

    Calendar returns

    As of Aug 31, 2022
    Fund %
      YTD2021202020192018201720162015201420132012
      Fund %-13.40.94.69.9-1.3

      Morningstar Ratingᵀᴹ and Quartile rankings

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

      1 Star Rating

      Quartile (within category)44not availablenot available
      # of funds in category348283220139
        • Underlying fund 'Sun Tactical Conservative ETF Portfolio' performance is displayed for a time frame prior to June 03,2019
        Portfolio analysis

        Overall allocation

        As of Jul 31, 2022
        Asset allocation%
        swatch
        Fixed income54.4
        U.S. equity13.6
        Canadian equity10.5
        Other10.2
        International equity7.1
        Cash3.7
        Emg markets equity0.6
        Geographic allocation%
        swatch
        Canada48.7
        United States37.4
        Japan1.7
        United Kingdom1.5
        China0.9
        Germany0.7
        South Korea0.6
        France0.6
        Switzerland0.6
        Supranational0.5
        Other6.7

          Equity allocation

          As of Jul 31, 2022
          Sector allocation*%
          swatch
          Financials18.2
          Information technology17.5
          Industrials10.4
          Consumer discretionary9.0
          Energy8.6
          Health care7.5
          Telecommunication services6.9
          Materials6.6
          Real Estate6.0
          Consumer staples5.9
          Utilities3.5
          • Global Industry Classification Standard (GICS).

          Fixed income allocation

          As of Jul 31, 2022
          Fixed income allocation%
          swatch
          Corporate Bond30.8
          Government-Related27.0
          Government24.8
          Cash & Equivalents7.9
          Agency Mortgage-Backed5.6
          Convertible3.2
          Asset-Backed0.3
          Commercial Mortgage-Backed0.2
          Municipal Taxable0.1
          Covered Bond0.0
          Preferred Stock0.0
          Swap0.0
          Bank Loan0.0
          Future/Forward0.0
          Municipal Tax-Exempt0.0
          Non-agency Residential Mortgage-Backed0.0
          Option/Warrant0.0
          Credit mix%
          swatch
          AAA36.4
          AA22.9
          A14.0
          BBB14.4
          BB8.4
          B0.8
          Below B0.3
          Not Rated2.7

          Morningstar Style Boxᵀᴹ

          As of Aug 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 Jul 31, 2022

          • Yield To Maturity
            4.72%
          • Effective duration (years)
            6.72
          • Average maturity (years)
            2.36
          • Average credit quality
            AA
          • Sun GIF Solutions Sun Life Tactical Conservative ETF Portfolio Estate Series A invests directly in units of the Sun Tactical Conservative ETF Portfolio (the "underlying fund"). The portfolio analysis section is representative of the underlying Fund.
          Holdings

          Top ten holdings

          As of Jul 31, 2022
          HoldingsPercentage%
          Sun Life BlackRock Cdn Univ Bond32.0
          iShares Core US Aggregate Bond ETF12.5
          Sun Life BlackRock Cdn Composite Equity10.1
          iShares Core S&P 500 ETF9.4
          Sunlife Granite Tactical Completion Fd I9.1
          SPDR® Portfolio Developed Wld ex-US ETF5.5
          VanEck Fallen Angel HiYld Bd ETF4.6
          iShares iBoxx $ Invmt Grade Corp Bd ETF3.8
          Sun Life Money Market Fd Ser I2.9
          Invesco QQQ Trust2.4
          • The holdings section is representative of the underlying Fund.
          • 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

          • ^Management Expense Ratio is an estimate in the first year.

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

            Any amount allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value

            Sun Life Assurance Company of Canada is the issuer of guaranteed insurance contracts, including Accumulation Annuities (Insurance GICs), Payout Annuities, and Individual Variable Insurance Contracts (Sun Life GIFs).

            Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies, is the issuer of Sun Life GIFs individual variable annuity contracts. A description of the key features of this contract is contained in the information folder.

            Subject to any applicable death benefit and maturity guarantees, any part of the premium or other amount that is allocated to a segregated fund is invested at the risk of the contract owner and may increase or decrease in value according to fluctuations in the market value of the assets of the segregated fund.

            Please refer to sunlifegifs.com for additional information.

            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).

            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.