Each year, our portfolio management team reviews the long-term strategic target allocations of the Granite suite of products, and conducts extensive research to find ways to enhance them. Find out what changes they made in the Spring 2020 review.
The Granite funds seek multiple sources of returns, resulting from:
We can invest in any asset class, any region, and any manager. Our broadened opportunity gives our team the flexibility to effectively respond to structural market changes and evolve the Granite strategic asset mix over time – providing strong risk management.
The Granite portfolios are diversified across a broad spectrum of asset classes, including:
Specialty equity (real estate, infrastructure, natural resources)
Specialty fixed income (private fixed income, commercial mortgages, high yield bonds, emerging markets debt)
Core fixed income and equity
A variety of styles and capitalizations
We only invest with managers we believe to be the best in category – we are not bound by any limitations or contractual obligations.
Active and passive enables each other. Active management is used to help maximize returns, reduce volatility, provide downside protection and manage through difficult market environments. Passive strategies are used to help gain cost-effective exposure to efficient markets, in turn allowing the team to add exposure to more costly, non-traditional assets classes.
The team follows a disciplined, four-step investment process to build and manage each portfolio.
|Step 1: Strategic asset allocation||Long term asset mix based on maximizing return 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. They identify best-in-class asset managers and funds from around the world, helping to reduce specific risks.|
|Step 3: Tactical asset allocation of three levers||The team can tactically adjust the asset mix, asset class and/or style weightings 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.|
i The 2060 maturity fund was added July 2, 2019. Sun Life Granite 2025 Fund DSC options is closed to new purchases as of July 1, 2018. LSC will close in 2022 for the 2025 fund.
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.
Sun Life Global Investments is a trade name of SLGI Asset Management Inc., Sun Life Assurance Company of Canada, and Sun Life Financial Trust Inc.
SLGI Asset Management Inc. is the investment manager of the Sun Life Mutual Funds, Sun Life Granite Managed Solutions and Sun Life Private Investment Pools.
© SLGI Asset Management Inc. and its licensors, 2020. SLGI Asset Management Inc. is a member of the Sun Life group of companies. All rights reserved.