Sun Life Multi-Strategy Solutions

The team that earned your trust with Sun Life Granite Funds applies the same approach to Sun Life Multi-Strategy Solutions - available in 5 key asset classes:

Bond | Canadian Equity | Global Equity | Real Assets Equity

Sun Life Global Investments offers five multi-strategy portfolios, available as segregated funds exclusively through Sun Life Group Retirement Services¹:

Our portfolio management team builds broadly diversified portfolios invested with complementary sub-advisors they believe are the best in each category. The team manages the overall asset allocation across underlying strategies and managers, and can make tactical changes to mitigate risk and capitalize on opportunities.

This multi-strategy approach offers the potential to enhance the risk/return profile and reduce the variability of returns over time.

All of our multi-strategy solutions benefit from:

Broad diversification

Diversified by manager, sector and style (including active and passive combinations).

Open architecture, multi-manager

We have the freedom to select what we believe are the best investment strategies around the world—across any asset class, any region and any manager.

Tactical asset allocation

When short and long-term market expectations are out-of-sync, the team may temporarily shift the strategic allocation to reduce risk or take advantage of opportunities.

Continual enhancements

A formal annual review is conducted to evaluate and update the investment opportunity set, risk/return assumptions, and constraints within the context of an evolving market environment.

Allocations to:

Canadian Active Core
Canadian Passive Core
US Core Fixed Income
Private Fixed Income

Underlying managers:

BlackRock Asset Management Canada Ltd.
Connor, Clark & Lunn Investment Management Ltd.
Phillips, Hager & North Investment Management
SLC Management Inc.

Allocations to:

Active Core
Active Value
Active Growth
Passive

Underlying managers:

Beutel, Goodman & Company Ltd.
BlackRock Asset Management Canada Ltd.
Connor, Clark & Lunn Investment Management Ltd.
MFS Investment Management Canada Limited

Allocations to:

U.S. Active Growth
U.S. Active Value
U.S. Passive
EAFE Active
Global Small-Mid Cap Active
Emerging Markets Active

Underlying managers:

BlackRock Asset Management Canada Ltd.
JPMorgan Asset Management (Canada) Inc.
MFS Investment Management Canada Limited
Schroder Investment Management North America Inc.

Allocations to:

Global Real Estate Investment Trusts (REITs)
Global Listed Infrastructure
Indirect physical commodities (ETF)

Underlying managers:

Cohen & Steers Capital Management
MFS Investment Management Canada Limited

Investment Philosophy

We believe that a multi-strategy approach provides the foundation for more consistent returns through time by bringing together a broad set of investment perspectives and styles in one solution, delivering:

Cost efficient market exposure
Complementary investment strategies
Potential to improve risk-adjusted returns and reduce the variability of returns over time

Investment Process

The team follows a disciplined, four-step investment process to build and manage each portfolio.

Step 1: Strategic asset allocation	The team determines the long-term asset mix based on maximizing return potential for a given level of risk.
Step 2: Manager (and fund) selection	The team takes advantage of Sun Life’s global relationships to conduct a rigorous selection process. With our open architecture approach, the team searches the globe to find world-class managers for each asset class in the Sun Life Multi-Strategy Solutions. Their goal is to select managers that they believe can provide strong, sustainable future returns, focusing on factors that help support and preserve the investment value proposition.
Step 3: Tactical asset allocation of three levers	The team can tactically adjust the asset class and/or style weightings (including active versus passive mix) to take advantage of potentially attractive opportunities from a risk-adjusted and capital preservation perspective. Tactical shifts are gradual and made within pre-determined guidelines.
Step 4: Portfolio monitoring and review	The team continually monitors the assumptions, models, managers and economic conditions.

¹All investment solutions are offered as segregated funds for group retirement plans exclusively by Sun Life Assurance Company of Canada, through Sun Life Group Retirement Services, a member of the Sun Life group of companies.

² Sun Life Multi-Strategy Real Assets Segregated Fund is a segregated fund offered by Sun Life Assurance Company of Canada through its Group Retirement Services platform; it invests directly in series I units of Sun Life Real Assets Private Pool, a mutual fund managed by SLGI Asset Management Inc.

All information is as of December 31, 2025.