Sun Life Financial claimed that each SunWise Elite bundle combines one or two equity funds with an income fund and is rebalanced monthly to provide the maximum 70% equity exposure. They are rebalanced based on the actual securities held in each underlying fund. Any cash or fixed-income securities held in the equity funds are counted as part of the income allocation.
Kevin Dougherty, president of Sun Life Financial Canada, said: “With SunWise Elite Bundles, investors automatically maximize the growth potential of their investment while enjoying the comfort of the guarantees offered by SunWise Elite, as well as SunWise Elite Plus with guaranteed income for life.”
Peter Anderson, CEO of CI Investments, said: “SunWise Elite Bundles provide portfolios managed by some of the best investment teams available in Canada today, including Gerry Coleman of Harbour Advisors, Eric Bushell of Signature Global Advisors, and Alan Radlo of Cambridge Advisors.”
