Current Price
As of Sep 25, 2023
$10.0172 CAD
$0.0538 CAD | 0.54%
Overall Morningstar™ rating

Out of 724 Funds
CIFSC category
US Equity

Risk profile

Medium

MER
As of Dec 31, 2022
2.39%
Key reasons to invest in Sun GIF Solutions MFS Diversified US Equity Investment Series A
  • A style-diversified U.S. equity strategy that aims to provide long-term capital growth
  • Offers diverse exposure to core, growth and value-oriented U.S. companies
  • Seeks out quality companies with sustainable growth potential, while being mindful of risk
  • Leverages the long-term, research driven approach and global strength of MFS
    Fund essentials

    • Inception date
      Oct 4, 2021
    • Benchmark
      Blended benchmark
    • Management fee
      1.72%
    • Fund assets
      As of Aug 31, 2023
      $5.1M
    • Number of holdings
      As of Aug 31, 2023
      5
    • Min initial investment
      $100,000
    • Min additional investment
      $100
    Fund codes
    FELSLF SI196CBSLF SI796
    Performance

    Investment growth

    Aug 31, 2023

    • 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, 2023
    Fund %
    1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
    Fund %1.56.611.314.72.3

    Calendar returns

    As of Aug 31, 2023
    Fund %
      YTD2022202120202019201820172016201520142013
      Fund %13.0-15.08.6

      Morningstar Ratingᵀᴹ and Quartile rankings

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

      Quartile (within category)3not available—not available—not available—
      # of funds in category755724581346
          Portfolio analysis

          Overall allocation

          As of Jun 30, 2023
          Asset allocation%
          swatch
          U.S. equity91.3
          International equity5.9
          Cash1.1
          Canadian equity0.8
          Other0.5
          Emg markets equity0.4
          Geographic allocation%
          swatch
          United States92.8
          United Kingdom2.0
          Switzerland1.5
          France1.3
          Netherlands1.2
          Canada0.8
          Israel0.4
          Denmark0.1

            Equity allocation

            As of Jun 30, 2023
            Sector allocation*%
            swatch
            Information technology23.9
            Financials17.0
            Health care15.0
            Industrials10.8
            Telecommunication services9.0
            Consumer discretionary7.0
            Consumer staples5.5
            Materials4.4
            Energy2.6
            Real Estate2.4
            Utilities2.4
            Market capitalization%
            swatch
            Giant39.3
            Large45.5
            Medium14.8
            Small0.3
            Micro0.1
            • Global Industry Classification Standard (GICS).

            Morningstar Style Boxᵀᴹ

            As of Aug 31, 2023

            Equity style

            value
            blend
            growth
            large
            mid
            small
            Large growth

              Holdings

              Top ten holdings

              As of Jun 30, 2023
              HoldingsPercentage%
              Sun Life MFS US Growth Series I40.1
              Sun Life MFS US Equity Series I30.1
              Sun Life MFS US Value Series I29.6
                • Cash and cash equivalents are not shown.
                Management & Commentary

                Management

                Management Company :

                Sun Life Assurance Company of Canada

                Sub-advisors

                image

                MFS Investment Management Canada Limited

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

                Documents

                Notes and disclosures

                • 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).

                  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.