Sun Life MFS Global Core Plus Bond Fund*
Bring renewed confidence to retirement uncertainty
Sun Life Global Investments is proud to introduce the
Sun Life MFS Global Core Plus Bond Fund*
to Canadian income-seeking investors
Sub-advised by MFS Investment Management, a pioneer in active global bond funds in the U.S. for over 50 years.
Discover a global fixed income solution for Canadians looking to help fund their retirement income needs.
Learn more* On June 28, 2024, the Fund underwent a change in investment objective and name to become the Sun Life MFS Global Core Plus Bond Fund and MFS Investment Management Canada Limited was appointed as the Fund’s sub-advisor. MFS Investment Management Canada Limited is the sub-advisor to the Sun Life MFS Funds; SLGI Asset Management Inc. is the registered portfolio manager. MFS Investment Management Canada Limited has appointed MFS Institutional Advisors, Inc. to provide additional sub-advisory services. Performance under the Fund’s new mandate may differ significantly from its previous mandate.
This fund unites the strengths of Sun Life Global Investments and MFS Investment Management.
Longer life expectancies.
Escalating expenses.
Volatile markets.
All contribute to retirement
planning challenges.
Will I outlive my money?
Budgeting in retirement is a challenge when it’s possible to live in retirement for 30 to 40 years.
average life expectancy for Canadians1
%
worry about not having enough money once they retire2
Can I afford to retire?
Cost of living increases are having an impact on Canadians' futures.
%
expect they’ll be “falling behind” if inflation continues rising2
Because of cost-of-living increases,
%
of Canadians aged 35 to 54 say they’ll have to push out their target retirement date2
Will market volatility put my retirement at risk?
This is the greatest concern for those nearing or just beginning their retirement.
Canadians who will soon begin to draw income, or who have already started, may no longer have the necessary time left in the market to build the capital they will need to retire.
SOURCES
1Stats Canada as of June 2022
2Canadian Retirement Survey, June 2024, conducted for HOOPP and Abacus data
Right now, Canadians are seeking reassurance about their financial futures. Fixed income solutions may provide the answer.
The Sun Life MFS Global Core Plus Bond Fund is managed by a distinguished pioneer in bond investing – MFS Investment Management. It’s a well diversified fixed income solution designed to address the very real concerns of Canadians as they approach retirement and look to build their retirement income streams.
The Fund is designed to:
capture global bond opportunities
offer global diversification in fixed income
pay a monthly distribution, which can help with income planning
The Fund can complement equity and domestic bond investments, helping to further diversify an income portfolio. If investments have been made in 100% equities, allocations to global bonds may also provide diversified sources of income and capital growth, and may help reduce overall portfolio risk.
Tapping into MFS Investment Management’s global fixed income investing experience
+
years of innovation
+
years of global fixed income investing
At Sun Life Global Investments, we are driven to make investing accessible through products that help Canadian investors achieve lifetime financial security. That includes bringing the capabilities of MFS Investment Management to Canadian investors.
SOURCES
3In 1924, MFS Investment Management launched the Massachusetts Investors Trust, the first mutual fund in North America. The Massachusetts Investors Trust is a mutual fund qualified for sale in the United States and is not available for purchase by Canadian investors.
Sun Life Global Investments brings Canadian investors access to MFS Investment Management’s expertise in a broad suite of solutions, managed by the founder of the first U.S. mutual fund.
MFS | 1st to create a mutual fund in the U.S.
The creation of the first open-end mutual fund revolutionizes investing by opening the door to professionally managed portfolios for millions of everyday American investors.
Access a new level of strategy and solutions
Sun Life Global Investment brings together all of MFS’s years of experience to Canadian investors.
With a century of expertise, MFS Investment Management founded the first actively managed global bond fund in the U.S over 40 years ago.
Depth of experience
50 years of fixed income management: MFS spearheaded the evolution of fixed income credit markets in the 1970s
Expansive global team
133 fixed income professionals integrated into a 319-member global investment organization
as of Dec 31 2023.
History of active management expertise
100 years of active management expertise and wealth creation globally
The MFS investment approach
Creating long-term value by allocating capital responsibly.
Collective
expertise
Long-term
discipline
Active risk
management
The MFS Global Fixed Income Multi-sector Team
Lead Portfolio Management Team
Portfolio-level risk budgeting, asset allocation, and portfolio construction
2 portfolio managers | 2 institutional portfolio managers*
Sector-level Inputs
Experienced teams supporting allocation, selection, currency, and rates positioning.
| Global Credit |
Global High Yield | Emerging Market Debt |
Securitized | Municipals | Rates & Currency |
|---|---|---|---|---|---|
| 5 Portfolio Managers |
2 Portfolio Managers |
3 Portfolio Managers |
2 Portfolio Managers |
3 Portfolio Managers |
2 Portfolio Managers |
| 18 Fundamental Researchers |
11 Fundamental Researchers |
13 Fundamental Researchers |
6 Fundamental Researchers |
11 Fundamental Researchers |
3 Strategists |
| 5 Traders | 3 Traders | 2 Traders | 2 Traders | 2 Traders | 2 Traders |
| Global Credit |
5 Portfolio Managers | 18 Fundamental Researchers | 5 Traders |
| Global High Yield |
2 Portfolio Managers | 11 Fundamental Researchers | 3 Traders |
| Emerging Market Debt |
3 Portfolio Managers | 13 Fundamental Researchers | 2 Traders |
| Securitized | 2 Portfolio Managers | 6 Fundamental Researchers | 2 Traders |
| Municipals | 3 Portfolio Managers | 11 Fundamental Researchers | 2 Traders |
| Rates & Currency |
2 Portfolio Managers | 3 Strategists | 2 Traders |
Additional resources
| 6 investment product specialists |
3 legal counsel | 1 strategic solutions |
64 equity portfolio managers |
61 fundamental equity analysts |
5 ESG analysts/ associates |
13 quantitative analysts |
| 6 investment product specialists | 3 legal counsel | 1 strategic solutions | 64 equity portfolio managers |
| 61 fundamental equity analysts | 5 ESG analysts / associates | 13 quantitative analysts |
Highly experienced portfolio management team supported by the full resources of the global fixed income platform.
as of Dec 31 2023
Years of industry experience as of 31-Dec-23.
* Note: Institutional Portfolio Managers communicate investment policy, strategy, and positioning. Participates in the research process and strategy discussions. Assesses portfolio risk, customizes portfolios to client objectives and guidelines, and manages daily cash flows.
Sun Life MFS Global Core Plus Bond Fund
Active fixed
income expertise
Diversified global
income generation
Capital appreciation
potential
In 2024, the global economy started to cool and the Bank of Canada, along with several other leading central banks, started to lower interest rates. Investors may no longer find the same attractive yields in money market funds, GICs, and high-interest savings accounts that they perhaps enjoyed for the past few years.
One way to capture opportunities in this changing market environment is to look at a well-diversified core bond portfolio offering diversification, income, and potential opportunities to benefit from interest rate cuts.
The Sun Life MFS Global Core Plus Bond Fund brings MFS’s 50+ years of experience in active global bond investing to a strategically diverse global asset mix designed to generate income with the potential for capital appreciation.
- What defines the Fund?
The Sun Life MFS Global Core Plus Bond Fund
- offers global fixed income exposure, sub-advised by MFS Investment Management
- invests primarily in investment-grade bonds across a broad global investment universe
- may tactically invest up to 20% in global high-yield bonds for greater growth and income potential
- seeks to hedge 90% to 100% of its foreign currency exposure to mitigate currency volatility and maintain focus on asset allocation, security, and yield curve positioning
- Whom is it for?
Medium- to long-term investors who
- seek capital appreciation and ongoing income through distributions
- are seeking low investment risk
- want global diversification from a bond fund
- are looking to add global debt security opportunities to a portfolio
- What is the strategy behind it?
High flexibility, utilizing a broad global opportunity set
Note: There is no guarantee the fund will stay within these ranges.
- Why invest in the Fund?
The Sun Life MFS Global Core Plus Bond Fund
- is an actively managed global fixed income fund seeking to generate current income with the potential for capital appreciation
- draws upon MFS’s global fixed income platform, combining collective expertise, thoughtful risk management, and long-term discipline
-
can complement equities and domestic bonds – allocations to global bonds may help:
- provide diversified sources of income
- deliver capital appreciation
- reduce overall portfolio risk
Beyond the Sun Life MFS Global Core Plus Bond Fund
Our comprehensive suite of fixed income solutions
Global Fixed Income
Alternative Credit Focused Fund
Sun Life Wellington Opportunistic FixedIncome Private Pool
It’s time to talk about the
Sun Life MFS Global Core Plus Bond Fund
With fixed income now in the spotlight, investing in a global fixed income product with higher income and growth potential over core Canadian fixed income is a timely option worth discussing with clients.
This Fund, backed by the expertise of MFS’s 50+ years of investing in global bonds, is a strong reason to reach out.
Take a deeper dive into the Sun Life MFS Global Core Plus Bond Fund and our suite of Sun Life MFS solutions.
Learn more