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Sun Life Global Investments Launches New ETF Series to Meet the Evolving Wealth Needs of Canadians - Sun Life Financial (NYSE:SLF)
Benzinga· 2025-09-22 12:00
Core Insights - SLGI Asset Management Inc. has launched its first ETF Series on three popular active fixed income funds, marking its entry into the growing ETF market in Canada, which has $612.6 billion in assets [1] - The new ETF Series provides advisors and investors with access to specialized portfolio management expertise from sub-advisors MFS Investment Management, SLC Management, and Crescent Capital Group [1][4] - The funds will begin trading on the Toronto Stock Exchange (TSX) and aim to offer flexibility and choice for building tailored income portfolios [1][4] Fund Details - The three funds in the ETF Series include: - Sun Life Core Advantage Credit Private Pool – ETF Series (Ticker: SLCA) with a management fee of 0.43% [2] - Sun Life MFS Global Core Plus Bond Fund – ETF Series (Ticker: SLGC) with a management fee of 0.43% [2] - Sun Life Crescent Specialty Credit Private Pool – ETF Series (Ticker: SLSC) with a management fee of 0.70% [2] - The Sun Life Core Advantage Credit Private Pool aims to provide income while preserving capital through investments in debt securities [3] - The Sun Life MFS Global Core Plus Bond Fund seeks total return through investments in both investment grade and non-investment grade debt securities globally [3] - The Sun Life Crescent Specialty Credit Private Pool focuses on income and capital preservation by investing primarily in non-investment grade high yield debt securities [3] Company Overview - Sun Life Global Investments is part of Sun Life's commitment to helping Canadians achieve lifetime financial security, managing $40.95 billion as of December 31, 2024 [8] - The company has established itself as one of the largest asset managers for defined contribution pensions and offers a diverse suite of solutions including mutual funds, segregated funds, and now ETF Series [5][6] - Sun Life Global Investments leverages the expertise of world-class sub-advisors to provide innovative investment solutions tailored to the complex wealth needs of Canadians [4][6]