Sun Life Granite Index+ Target Date Funds

Solving for better retirement outcomes 

KEY FEATURES | MULTI-MANAGER APPROACH | RESOURCES | MEET THE EXPERTS

As the largest Canadian based manager of Target Date Funds (TDFs)1, we are expanding our Granite Target Date Fund lineup with a new option, giving plan sponsors greater flexibility. Plan sponsors can now choose between our flagship Sun Life Granite TDFs (‘Granite flagship’) and the new Sun Life Granite Index+ TDFs (‘Granite Index+’).  

Granite Index+ is managed by the same Multi-Asset Solutions Team, with the same disciplined investment process and goal: delivering better retirement outcomes for Canadian plan members. 

Granite Index+ offers simplicity, diversification across key indices plus the advantage of private market investments—all at a competitive fee. 

KEY FEATURES

Simplicity and smart diversification

Invests in 11 asset classes including 7 passively managed index funds, providing simplicity through exposure to key equity and bond indices.

Plus…. exposure to private markets

To provide higher income, protection against inflation and downside protection, Granite Index+ also invests in:

+Private fixed income (investment grade)  
+Commercial mortgages  
+Global direct real estate. 

Competitive fee 

Passive strategies, combined with private market access, help achieve broad diversification at an efficient cost.

Granite Index+ is designed as an approximately 90% passive and 10% active solution. The allocations vary in target maturities from 2030 to 2065, as well as a Retirement fund.

A PROVEN MULTI-MANAGER APPROACH

Our Multi-Asset Solutions Team has partnered with best-in-class investment managers to deliver this solution. 

Passive building blocks

Broad exposure to the bond and equity indices is provided through State Street Global Advisors, one of the world’s largest index investing providers, consistently delivering index like returns, with low tracking error. Access to commodities is provided through BMO Global Asset Management. 

  • Canadian bonds
  • U.S. bonds
  • Canadian equity
  • U.S. equity
  • International equity
  • Emerging markets equity
  • Commodities 

  • Building blocks provide efficient, low-cost exposure designed to support portfolios in delivering long-term results.

The “Plus”: exposure to private markets 

The “Plus” strategies are sub-advised by SLC Management and BentallGreenOak (BGO), respectively specialists in investment grade (IG) private fixed income and global real estate. This allocation to private markets delivers three key advantages: enhanced income generation from multiple sources, smoother portfolio performance during market turbulence and inflation protection potential through real estate.

+Private fixed income (IG)

Higher yields with lower correlation to public markets, with a focus on investment grade credit quality.

Learn more about private fixed income (IG)

+Commercial mortgages

Stable, income-generating assets backed by real property, designed to support portfolio resilience.

Learn more about commercial mortgages

+Global direct real estate

Tangible assets that help provide inflation sensitivity and generate rental income alongside long-term capital appreciation.

Learn more about global direct real estate

Designed to help Canadian plan members retire with confidence

Granite Index+ uses the same dynamic glidepath as Granite flagship, managed by the same Multi-Asset Solutions Team. Each year, alongside their capital market assumptions and forward-looking insights, they employ in-depth analysis and stress-testing in the glidepath review.  

The glidepath is designed to adjust portfolio allocations over time, shifting from growth-oriented diversification during the accumulation phase, to a greater emphasis on income and downside resilience as plan members approach and enter retirement. 

The glidepath chart displays nine pie charts representing different fund vintages as you progress toward retirement:

The leftmost pie shows approximately 90% equity and 10% fixed income, prioritizing long-term growth for anyone in the 2065 fund, or early in their career.

Each successive pie chart gradually shifts composition, with equity decreasing and fixed income increasing, reflecting a transition from growth-focused to balanced.

The rightmost pie charts show approximately 30-40% equity and 60-70% fixed income, emphasizing income generation and capital preservation for anyone in pre-retirement and retirement.

Moving left-to-right, colors representing equity fade while colors for fixed income grow more prominent, visually showing the shift from accumulation to retirement readiness.

Source: SLGI Asset Management Inc. For Illustrative purposes only. When a fund reaches maturity (end of July of the targeted year), it is closed to new subscriptions and future contributions are redirected to the corresponding Granite Retirement Fund. The assets in the maturing fund are automatically transferred to the corresponding Granite Retirement Fund after a 3-4 year period, providing flexibility and time for tax planning purposes.

RESOURCES

This video is provided for information purposes only and is not intended to provide specific individual financial, investment, tax or legal advice. Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent of any investment funds managed by SLGI Asset Management Inc. These views are subject to change and are not to be considered as investment advice nor should they be considered a recommendation to buy or sell.

Information contained in this video has been compiled from sources believed to be reliable, but no representation or warranty, express or implied, is made with respect to its timeliness or accuracy. This video may contain forward-looking statements about the economy, and/or markets; their future performance, strategies or prospects. Forward-looking statements are not guarantees of future performance and are speculative in nature and cannot be relied upon. SLGI Asset Management Inc. is the investment manager of the Sun Life family of mutual funds.

All 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.

Video - Sun Life Granite Index+ Target Date Funds

Explore how Sun Life Granite Index+ Target Date Funds are a simple and easy way for plan members to invest for retirement. Choose a fund near the desired retirement year and let professionals do the rest. 

Combining diversified index investing plus access to private market investments, see how Granite Index+ helps Canadian plan members build retirement readiness.

Resources for registered users

Not registered? Sign up here!

Granite Target Date Funds overview 

🔒︎ Read the overview of our Granite target date funds.

Plan sponsor brochure

🔒︎ Learn more about the newest addition to our Granite Target Date funds.

MEET THE EXPERTS

Built by Canadians. For Canadians. Maple Leaf with solid fill

Granite Index+ is managed by the same Canadian-based Multi-Asset Solutions Team, guided by the same disciplined investment process and objective: helping deliver better retirement outcomes for Canadian plan members.

Backed by the strength of Sun Life.

Sun Life is trusted with more than $1.6 trillion in assets under management2. With offices in nearly 20 countries, our scale supports broad capabilities and global reach. Our insurance heritage contributes to a strong risk-management culture focused on managing the risks that matter to investors. 

The Multi-Asset Solutions Team upholds the key pillars

Our Multi-Asset Solutions Team is devoted to fund manager selection, oversight, and building solutions that deliver risk-adjusted returns. They have access to the International Investment Centre (IIC), an independent investment research engine. The IIC has over 100 global asset manager relationships and provides guidance on external manager selection.

Meet the Multi-Asset Solutions Team

Looking for more? 

Contact the Institutional Business Team here.

1 Investor Economics, Group Retirement Savings and Pensions Report—Canada Investment Product Shelf Update – December 2025.
2 As of December 31, 2025.