Current Price
As of Oct 9, 2024
$15.8442 CAD
$0.0725 CAD | 0.46%
Overall Morningstar™ rating
2 Star Rating
Out of 1477 Funds
CIFSC category
Global Equity

Risk profile

Low to medium

MER
As of Dec 31, 2023
1.38%
Key reasons to invest in Sun GIF Solutions Sun Life Tactical Equity ETF Portfolio Investment Series F
  • Access an all-in-one, managed portfolio that invests primarily in exchange traded funds (ETFs)
  • Designed for capital growth, through a strategic mix of equity investments
  • Professionally diversified by equity sub-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
      0.76%
    • Fund assets
      As of Sep 30, 2024
      $12.8M
    • Number of holdings
      As of Jul 31, 2024
      11
    • Min initial investment
      $500
    • Min additional investment
      $100
    Fund codes
    F ClassSLF SI689
    Performance

    Investment growth

    Sep 30, 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 segregated fund or returns on investment in any segregated fund.

    Compound returns

    As of Sep 30, 2024
    Fund %
    1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
    Fund %2.67.08.326.66.78.78.9

    Calendar returns

    As of Sep 30, 2024
    Fund %
      YTD2023202220212020201920182017201620152014
      Fund %17.213.5-12.314.38.817.6-3.3

      Morningstar Ratingᵀᴹ and Quartile rankings

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

      3 Star Rating
      2 Star Rating

      Quartile (within category)334not available
      # of funds in category17581477619619
        • Underlying fund 'Sun Tactical Equity ETF Portfolio' performance is displayed for a time frame prior to June 03,2019
        Portfolio analysis

        Overall allocation

        As of Jul 31, 2024
        Asset allocation%
        swatch
        U.S. equity34.9
        Canadian equity33.0
        International equity29.5
        Emg markets equity1.8
        Cash0.5
        Other0.2
        Fixed income0.1
        Geographic allocation%
        swatch
        United States35.3
        Canada33.4
        Japan6.2
        United Kingdom3.2
        South Korea2.0
        Switzerland2.0
        France1.9
        Australia1.8
        Germany1.7
        China1.6
        Other10.8

          Equity allocation

          As of Jul 31, 2024
          Sector allocation*%
          swatch
          Financials19.9
          Information technology16.6
          Industrials12.3
          Energy8.7
          Consumer discretionary8.0
          Real Estate7.3
          Materials7.2
          Health care6.6
          Telecommunication services5.3
          Consumer staples5.3
          Utilities2.9
          • Global Industry Classification Standard (GICS).

          Fixed income allocation

          As of Jul 31, 2024
          Fixed income allocation%
          swatch
          Cash & Equivalents89.6
          Corporate Bond7.1
          Future/Forward1.4
          Preferred Stock1.2
          Swap0.7
          Agency Mortgage-Backed0.0
          Asset-Backed0.0
          Bank Loan0.0
          Commercial Mortgage-Backed0.0
          Convertible0.0
          Covered Bond0.0
          Government0.0
          Government-Related0.0
          Municipal Taxable0.0
          Municipal Tax-Exempt0.0
          Non-agency Residential Mortgage-Backed0.0
          Option/Warrant0.0
          Credit mix%
          swatch
          AAA0.0
          AA0.0
          A0.0
          BBB0.0
          BB0.0
          B0.0
          Below B0.0
          Not Rated100.0

          Morningstar Style Boxᵀᴹ

          As of Aug 31, 2024

          Equity style

          value
          blend
          growth
          large
          mid
          small
          Large blend

          Fixed income characteristics

          As of Jul 31, 2024

          • Yield To Maturity
            4.47%
          • Effective duration (years)
            1.55
          • Average maturity (years)
            0.22
          • Average credit quality
            AAA
          • Sun GIF Solutions Sun Life Tactical Equity ETF Portfolio Investment Series F invests directly in units of the Sun Tactical Equity ETF Portfolio (the "underlying fund"). The portfolio analysis section is representative of the underlying Fund.
          Holdings

          Top ten holdings

          As of Jul 31, 2024
          HoldingsPercentage%
          Sun Life BlackRock Cdn Composite Equity31.8
          iShares Core S&P 500 ETF27.9
          SPDR® Portfolio Developed Wld ex-US ETF23.2
          iShares Core MSCI Emerging Markets ETF6.9
          Vanguard Small-Cap ETF3.2
          Vanguard Real Estate ETF2.6
          Vanguard Global ex-US Real Est ETF2.4
          Schwab International Small-Cap Eq ETF™1.7
          Sun Life Money Market Fd Ser I0.4
          • 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.

            © 2024 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.