Sun Life Assurance Company of Canada€¦ · Sun Life Assurance Company of Canada SunWise Elite...

Sun Life Assurance Company of Canada

SunWise Elite Segregated Funds Including SunWise Elite Plus

Fund Facts – December 2019

Table of Contents

SunWise Elite CI American Value Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

SunWise Elite CI American Value Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

SunWise Elite CI Cambridge American Equity Corporate Class . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

SunWise Elite CI Cambridge Balanced Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

SunWise Elite CI Cambridge Canadian Asset Allocation Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

SunWise Elite CI Cambridge Canadian Equity Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

SunWise Elite CI Cambridge Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

SunWise Elite CI Cambridge Core Canadian Equity Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

SunWise Elite CI Cambridge Core Global Equity Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

SunWise Elite CI Cambridge Global Equity Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

SunWise Elite CI Cambridge Global Equity Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

SunWise Elite CI Cambridge Premier American Equity Corporate Class . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

SunWise Elite CI Canadian Investment Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

SunWise Elite CI Canadian Investment Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

SunWise Elite CI Global Bond Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

SunWise Elite CI Global Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

SunWise Elite CI Global High Dividend Advantage Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

SunWise Elite CI Global Value Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

SunWise Elite CI Harbour Balanced Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

SunWise Elite CI Harbour Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39

SunWise Elite CI Harbour Foreign Equity Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41

SunWise Elite CI Harbour Foreign Growth & Income Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43

SunWise Elite CI Harbour Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45

SunWise Elite CI International Value Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47

SunWise Elite CI Money Market Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49

SunWise Elite CI PSS e100 Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51

SunWise Elite CI PSS i100 Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53

SunWise Elite CI PSS i20/e80 Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55







SunWise Elite CI Select Income Managed Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69

SunWise Elite CI Signature Canadian Balanced Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71

SunWise Elite CI Signature Canadian Bond Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73

SunWise Elite CI Signature Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75

SunWise Elite CI Signature Corporate Bond Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77

SunWise Elite CI Signature Dividend Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79

SunWise Elite CI Signature Dividend Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81

SunWise Elite CI Signature Global Income & Growth Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83

SunWise Elite CI Signature High Income Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85

SunWise Elite CI Signature Income & Growth Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87

SunWise Elite CI Signature Premier Canadian Balanced Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89

SunWise Elite CI Signature Select Canadian Balanced Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91

SunWise Elite CI Signature Select Canadian Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93

SunWise Elite CI Signature Select Global Income & Growth Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . 95

SunWise Elite CI Synergy American Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97

SunWise Elite CI Synergy Canadian Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99

SunWise Elite CI Synergy Canadian Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101

SunWise Elite CI Synergy Global Corporate Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103

SunWise Elite Dynamic Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105

SunWise Elite Dynamic Global Value Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107

SunWise Elite Fidelity Canadian Asset Allocation Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109

SunWise Elite Fidelity Disciplined Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111

SunWise Elite Fidelity Global Asset Allocation Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113

SunWise Elite Fidelity NorthStar® Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115

SunWise Elite Fidelity NorthStar® Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117

SunWise Elite Fidelity True North® Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119

SunWise Elite Fidelity True North® Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121

SunWise Elite Fidelity U .S . Focused Stock Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123

Sun Wise Elite Franklin Templeton Bissett Canadian Equity Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125

SunWise Elite Franklin Templeton Quotential Balanced Growth Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . 127

SunWise Elite Franklin Templeton Quotential Balanced Income Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . 129

SunWise Elite Franklin Templeton Quotential Diversified Equity Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . 131

SunWise Elite Franklin Templeton Quotential Diversified Income Portfolio . . . . . . . . . . . . . . . . . . . . . . . . 133

SunWise Elite Franklin Templeton Quotential Growth Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135

SunWise Elite Franklin Templeton Quotential Maximum Growth Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . 137

SunWise Elite Franklin Templeton Quotential Select Balanced Income Portfolio . . . . . . . . . . . . . . . . . . . 139

SunWise Elite Mackenzie Cundill Canadian Balanced Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 141

SunWise Elite Mackenzie Cundill Canadian Security Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143

SunWise Elite Mackenzie Cundill Value Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145

SunWise Elite Manulife Diversified Income Portfolio Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 147

SunWise Elite Manulife Global Dividend Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 149

SunWise Elite Northwest Growth and Income Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

SunWise Elite Portfolio Series Balanced Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153

SunWise Elite Portfolio Series Balanced Growth Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155

SunWise Elite Portfolio Series Conservative Balanced Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157

SunWise Elite Portfolio Series Conservative Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159

SunWise Elite Portfolio Series Growth Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161

SunWise Elite Portfolio Series Income Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163

SunWise Elite Portfolio Series Maximum Growth Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165

SunWise Elite Premier CI Signature Global Income & Growth Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 167

SunWise Elite RBC Canadian Dividend Core Bundle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 169

SunWise Elite RBC Canadian Dividend Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 171

SunWise Elite RBC O’Shaughnessy International Equity Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173

SunWise Elite TD Canadian Bond Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 175

Average return

Year-by-year returns (%)

This section tells you how the Fund did in the past. A person who invested $1,000 in the Class C Fund in September 2011 would have $2,328.16 in December 2019. This works out to an average of10.75% a year. The returns are after the MER has been deducted. The MER of the Segregated Fund includes insurance fees. The insurance fees and other costs will reduce the returns of the Fund. Past returns do not tell you how the Fund will do in the future. Your return will vary based on your guarantee option and personal tax situation.

This chart shows how the Fund has performed in each of the past eight years. In the past eight years, the Fund was up in value seven years and down in value one year.

How has the Fund performed?

How risky is it?

The value of your investment can go down. For details, please refer to the Information Folder and Contract.

LowLow to

moderate ModerateModerateto high High

%

Elite Elite PlusMinimum investment per Contract: No new Contracts No new ContractsMinimum investment additional purchases: No new puchases No new puchasesMonthly minimum of pre-authorized chequing: No new PACs No new PACs

Date Fund created:Managed by:

Total value on December 31, 2019:Portfolio turnover rate:CI Investments Inc.

September 2011 $28,744,029134.55%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI American Value Core Bundle

ClassManagement expense ratio

(MER) (Includes taxes)

Net asset value per unit Units outstanding

Class A 4.00% $21.63 210,947

Class B 3.47% $22.54 729,192

Class C 3.09% $23.28 332,921

The Fund invests in the CI American Value Corporate Class and Signature Corporate Bond Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsCI American Value Corporate Class 70.86 Microsoft Corp Alphabet Inc Facebook Inc UnitedHealth Group Inc Centene Corp Broadcom Ltd Boeing Co Cash and Equivalents Bank of America Corp Pfizer IncSignature Corporate Bond Corporate Class 28.72Cash and Equivalents 0.42Total 100.00

Total number of investments: 3

US Equity 64.25Foreign Bonds 13.09Domestic Bonds 10.73International Equity 5.07Cash and Equivalents 4.71Income Trust Units 1.12Other 1.03

% Assets

What does the Fund invest in?

Are there any guarantees?

Who is this Fund for?

This Segregated Fund is being offered under an insurance Contract. It comes with guarantees that may protect your money if the value goes down. The fees are summarized in the "Ongoing Fund expenses" section. For details, please refer to the Information Folder and Contract.

This Fund may be suitable for contractholders if they:• want to invest in equity securities, with a small amount of

exposure to income securities to mitigate short-term volatility• are investing for the medium and/or long term.

As of December 31, 2019

1

How much does it cost?The following tables show the fees and expenses you could pay to invest in or sell the Fund. For details, please refer to the Information Folder and Contract.

Sales charges

Ongoing Fund expenses

The MER includes the management fee, operating expenses and insurance fees of the Fund. You do not pay the MER directly. It affects you because it reduces the return you get. For the Optional Riders, the fees will be charged to you by Redeeming some of your Units. For details, please refer to the Information Folder and Contract.

Servicing commissionWe pay an annual servicing commission as long as you own the Fund. It is paid out of the management fee. The rate depends on the sales charge option you chose. For details, please refer to the Information Folder and Contract.

Fee What you pay

Early withdrawal fee 2% of the value of Units you sell or transfer within 30 business days of buying the Units. Money from the fee goes to the Fund.

Change fee Your insurance advisor may charge you up to 2% of the value of Units you switch to another Fund or Class.

Other fees

Sales charge option What you pay How it works

Initial Sales Charge (ISC) Up to 5% of the amount invested. •

You and your insurance advisor agree on the rate charged.•

The Initial Sales Charge is deducted from the amount you buy. It is paid as a commission.

Deferred Sales Charge (DSC) If you sell within: Rate1 year of buying 5.5 %2 years of buying 5.0 %3 years of buying 5.0 %4 years of buying 4.0 %5 years of buying 4.0 %6 years of buying 3.0 %7 years of buying 2.0 %After 7 years 0.0 %

•

The Deferred Sales Charge is a set rate. It is deducted from the amount you withdraw.

•

When you invest in the Fund, we pay a commission of 5%. Any Deferred Sales Charge you pay goes to us.

•

You can Redeem up to 10% of your Units of a Fund each year without a Deferred Sales Charge.

•

Up to 20% of unused free Units can be carried forward. The maximum available free Units at any time is 30% of the current Unit Value.

•

You can switch to Units of other DSC Funds under the insurance Contract without paying a Deferred Sales Charge.

•

For details, please refer to the Information Folder and Contract.

For more informationThis is a summary and may not contain all the information you need. There are details in the Contract that may lead to changes in this summary. Please make sure you read the Information Folder and Contract. For more information, please contact:CI Investments Inc. on behalf of Sun Life Assurance Company of Canada15 York Street, 2nd FloorToronto, Ontario, M5J 0A3Phone: 1-800-792-9355Email: [email protected]


Annual service fee rate DSC: 0.50% ISC: 1.00%

Optional Riders

Class

MER(Annual rate as a % of

the Fund's value)(Includes taxes)

Annual insurance fee included in MER

(annual rate as a % of the market value of

the Units)

Guaranteed Minimum Withdrawal Benefit Fee (annual rate as a % of the Remaining

GWB)

4% Annual Automatic Death Benefit Reset

(annual rate as a % of the Total Contract

Value)

Earnings Enhancement Benefit (annual rate as a % of

the market value of the Units)

Class A 4.00% 1.30% 0.60% 0.25% 0.30%

Class B 3.47% 0.85% 0.65% 0.25% 0.30%

Class C 3.09% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI American Value Core Bundle


2

Average return


This section tells you how the Fund did in the past. A person who invested $1,000 in the Class C Fund in December 2009 would have $2,629.33 in December 2019. This works out to an average of10.15% a year. The returns are after the MER has been deducted. The MER of the Segregated Fund includes insurance fees. The insurance fees and other costs will reduce the returns of the Fund. Past returns do not tell you how the Fund will do in the future. Your return will vary based on your guarantee option and personal tax situation.

This chart shows how the Fund has performed in each of the past ten years. In the past ten years, the Fund was up in value eight years and down in value two years.


How risky is it?


LowLow to


%

Elite Elite PlusMinimum investment per Contract: No new Contracts No new ContractsMinimum investment additional purchases: No new puchases No new puchasesMonthly minimum of pre-authorized chequing: No new PACs No new PACsIf you invest more than $500,000 some of the fees you need to pay may be lowered. Ask your advisor or refer to the Information Folder and Contract for details.


Total value on December 31, 2019:Portfolio turnover rate:Epoch Investment Partners, Inc.

October 2005 $40,670,88712.29%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI American Value Fund




Class A 4.68% $20.45 407,203

Class B 4.10% $22.27 916,932

Class C 3.60% $24.22 475,489

The Fund invests in the CI American Value Corporate Class. The underlying fund invests mostly in U.S. shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsMicrosoft Corp 6.40Alphabet Inc 3.72Facebook Inc 3.71UnitedHealth Group Inc 2.65Centene Corp 2.52Broadcom Ltd 2.51Boeing Co 2.45Cash and Equivalents 2.31Bank of America Corp 2.24Pfizer Inc 2.15Total 30.66


US Equity 89.16International Equity 6.95Cash and Equivalents 2.31Income Trust Units 1.58

% Assets





This Fund may be suitable for contractholders if they:• want a core U.S. equity fund for their portfolio• are investing for the medium and/or long term.


3


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.68% 1.85% 0.85% 0.25% 0.30%

Class B 4.10% 1.35% 0.95% 0.25% 0.30%

Class C 3.60% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI American Value Fund


4

Average return





How risky is it?


LowLow to


%




October 2005 $3,139,5275.20%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge American Equity Corporate Class




Class A 4.75% $9.98 114,617

Class B 4.13% $10.75 106,891

Class C 3.40% $11.62 55,232

The Fund invests in the Sentry U.S. Growth and Income Corporate Class (formerly CI American Equity Corporate Class). The underlying fund invests mostly in U.S. shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsAlphabet Inc 7.92Brookfield Asset Management Inc 7.75JPMorgan Chase & Co 7.11Berkshire Hathaway Inc 5.96MasterCard Inc 5.92Visa Inc 5.90Facebook Inc 4.12Cigna Corp 4.07Brookfield Infrastructure Partners LP 3.90Booking Holdings Inc 3.52Total 56.17


US Equity 77.45Canadian Equity 8.64Income Trust Units 8.21International Equity 5.10Cash and Equivalents 0.60

% Assets





This Fund may be suitable for contractholders if they:• want to invest in U.S. companies with growth potential• are investing for the medium and/or long term.


5


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.75% 1.85% 0.85% 0.25% 0.30%

Class B 4.13% 1.35% 0.95% 0.25% 0.30%

Class C 3.40% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge American Equity Corporate Class


6

Average return


This section tells you how the Fund did in the past. A person who invested $1,000 in the Class C Fund in February 2010 would have $2,165.27 in December 2019. This works out to an average of8.13% a year. The returns are after the MER has been deducted. The MER of the Segregated Fund includes insurance fees. The insurance fees and other costs will reduce the returns of the Fund. Past returns do not tell you how the Fund will do in the future. Your return will vary based on your guarantee option and personal tax situation.

This chart shows how the Fund has performed in each of the past nine years. In the past nine years, the Fund was up in value seven years and down in value two years.


How risky is it?


LowLow to


%




January 2010 $138,922,118136.70%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Balanced Bundle




Class B 3.42% $20.46 4,892,507

Class C 3.06% $21.75 1,283,107

The Fund invests in the Cambridge Canadian Equity Corporate Class and Signature High Income Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsSignature High Income Corporate Class 57.93 Cash and Equivalents CI First Asset Global Financial Sector ETF (FSF) Brookfield Asset Management Inc United States Treasury 2.25% 15-Aug-2049 Transurban Group Cheniere Energy Inc Allied Properties REIT Ferrovial SA Williams Cos Inc American Homes 4 RentCambridge Canadian Equity Corporate Class 41.93Cash and Equivalents 0.14Total 100.00


Canadian Equity 30.58US Equity 24.43Foreign Bonds 19.22International Equity 11.59Cash and Equivalents 5.90Income Trust Units 5.22Domestic Bonds 3.06

% Assets








7


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class B 3.42% 0.85% 0.65% 0.25% 0.30%

Class C 3.06% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Balanced Bundle


8

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:CI Global Investments Inc. and CI Investments

Inc.

March 2008 $145,407,6714.55%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Canadian Asset Allocation Corporate Fund




Class A 3.90% $15.65 1,726,561

Class B 3.42% $16.53 5,505,979

Class C 3.17% $16.99 1,365,551

The Fund invests in the Cambridge Asset Allocation Corporate Class. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCambridge Bond Fund 36.29Cambridge Canadian Short-Term Bond Pool 9.08Cambridge Canadian Long-Term Bond Pool 4.08Tourmaline Oil Corp 2.18Keyera Corp 2.10Canadian Natural Resources Ltd 2.07Imperial Tobacco Group PLC 2.05Cambridge Put Write Pool 2.03Enbridge Inc 2.01Anthem Inc 1.94Total 63.83


Domestic Bonds 33.06Canadian Equity 29.09US Equity 13.25Foreign Bonds 11.51International Equity 7.61Cash and Equivalents 4.96Income Trust Units 0.52

% Assets





This Fund may be suitable for contractholders if they:• want active asset allocation among equity securities, fixed

income securities, and cash• are investing for the medium and/or long term.


9


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.90% 1.15% 0.60% 0.25% 0.30%

Class B 3.42% 0.75% 0.65% 0.25% 0.30%

Class C 3.17% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Canadian Asset Allocation Corporate Fund


10

Average return



This chart shows how the Fund has performed in each of the past ten years. In the past ten years, the Fund was up in value seven years and down in value three years.


How risky is it?


LowLow to


%




March 2008 $39,983,2737.54%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Canadian Equity Corporate Fund




Class A 4.56% $18.50 509,458

Class B 4.06% $19.48 1,104,632

Class C 3.53% $20.82 377,161

The Fund invests in the Cambridge Canadian Equity Corporate Class. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsTourmaline Oil Corp 4.41Cash and Equivalents 4.33Keyera Corp 4.26Canadian Natural Resources Ltd 4.19Imperial Tobacco Group PLC 4.14Enbridge Inc 4.06Anthem Inc 3.91McKesson Corp 3.77Franco-Nevada Corp 3.59CSX Corp 3.55Total 40.21


Canadian Equity 53.32US Equity 26.78International Equity 14.50Cash and Equivalents 4.33Income Trust Units 1.07

% Assets





This Fund may be suitable for contractholders if they:• want a core Canadian equity fund• are investing for the medium and/or long term.


11


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.56% 1.75% 0.85% 0.25% 0.30%

Class B 4.06% 1.30% 0.95% 0.25% 0.30%

Class C 3.53% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Canadian Equity Corporate Fund


12

Average return


This section tells you how the Fund did in the past. A person who invested $1,000 in the Class C Fund in January 2010 would have $2,197.84 in December 2019. This works out to an average of8.22% a year. The returns are after the MER has been deducted. The MER of the Segregated Fund includes insurance fees. The insurance fees and other costs will reduce the returns of the Fund. Past returns do not tell you how the Fund will do in the future. Your return will vary based on your guarantee option and personal tax situation.



How risky is it?


LowLow to


%




January 2010 $124,358,189126.83%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Core Bundle




Class A 3.96% $19.47 1,156,622

Class B 3.42% $21.13 3,120,386

Class C 3.04% $21.98 1,374,423

The Fund invests in the Cambridge Canadian Equity Corporate Class and Signature Corporate Bond Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsCambridge Canadian Equity Corporate Class 74.43 Tourmaline Oil Corp Cash and Equivalents Keyera Corp Canadian Natural Resources Ltd Imperial Tobacco Group PLC Enbridge Inc Anthem Inc McKesson Corp Franco-Nevada Corp CSX CorpSignature Corporate Bond Corporate Class 25.38Cash and Equivalents 0.19Total 100.00


Canadian Equity 40.36US Equity 20.88Foreign Bonds 11.57International Equity 10.92Domestic Bonds 9.48Cash and Equivalents 5.74Other 1.05

% Assets








13


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.96% 1.30% 0.60% 0.25% 0.30%

Class B 3.42% 0.85% 0.65% 0.25% 0.30%

Class C 3.04% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Core Bundle


14

Average return





How risky is it?


LowLow to


%




October 2005 $21,165,3106.89%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Core Canadian Equity Corporate Fund




Class A 4.46% $18.06 286,281

Class B 3.97% $19.09 728,202

Class C 3.55% $20.31 103,189

The Fund invests in the Cambridge Canadian Equity Corporate Class. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsTourmaline Oil Corp 4.41Cash and Equivalents 4.33Keyera Corp 4.26Canadian Natural Resources Ltd 4.19Imperial Tobacco Group PLC 4.14Enbridge Inc 4.06Anthem Inc 3.91McKesson Corp 3.77Franco-Nevada Corp 3.59CSX Corp 3.55Total 40.21



% Assets





This Fund may be suitable for contractholders if they:• want a core Canadian equity fund for their portfolio• are investing for the medium and/or long term.


15


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.46% 1.75% 0.85% 0.25% 0.30%

Class B 3.97% 1.30% 0.95% 0.25% 0.30%

Class C 3.55% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Core Canadian Equity Corporate Fund


16

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:CI Global Investments Inc. & CI Investments

Inc.

October 2005 $17,745,3416.80%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Core Global Equity Corporate Fund




Class A 4.68% $13.10 409,402

Class B 4.06% $14.19 678,741

Class C 3.52% $15.33 179,356

The Fund invests in the Cambridge Global Equity Corporate Class. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 13.18Facebook Inc 4.55Anthem Inc 4.48Alphabet Inc 4.45CBOE Holdings Inc 4.20Imperial Tobacco Group PLC 4.15Electronic Arts Inc 4.08Activision Blizzard Inc 4.07Athene Holding Ltd 3.94Linde PLC 3.89Total 50.99


US Equity 60.65International Equity 25.03Cash and Equivalents 13.18Canadian Equity 1.14

% Assets





This Fund may be suitable for contractholders if they:• want a core foreign equity fund for their portfolio• are investing for the medium and/or long term.


17


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.68% 1.85% 0.85% 0.25% 0.30%

Class B 4.06% 1.35% 0.95% 0.25% 0.30%

Class C 3.52% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Core Global Equity Corporate Fund


18

Average return





How risky is it?


LowLow to


%




September 2011 $82,446,186135.37%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Global Equity Core Bundle




Class A 3.94% $19.08 593,335

Class B 3.44% $19.89 2,422,276

Class C 3.06% $20.52 1,118,621

The Fund invests in the Cambridge Global Equity Corporate Class and Signature Corporate Bond Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsCambridge Global Equity Corporate Class 79.39 Cash and Equivalents Facebook Inc Anthem Inc Alphabet Inc CBOE Holdings Inc Imperial Tobacco Group PLC Electronic Arts Inc Activision Blizzard Inc Athene Holding Ltd Linde PLCSignature Corporate Bond Corporate Class 20.36Cash and Equivalents 0.25Total 100.00


US Equity 48.93International Equity 19.97Cash and Equivalents 12.58Foreign Bonds 9.27Domestic Bonds 7.61Canadian Equity 1.44Other 0.20

% Assets








19


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.94% 1.30% 0.60% 0.25% 0.30%

Class B 3.44% 0.85% 0.65% 0.25% 0.30%

Class C 3.06% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Global Equity Core Bundle


20

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:CI Global Investments Inc. & CI Investments

Inc.

March 2008 $57,273,3766.62%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Global Equity Corporate Fund




Class A 4.68% $17.11 427,800

Class B 4.10% $18.30 1,843,013

Class C 3.53% $20.06 641,574

The Fund invests in the Cambridge Global Equity Corporate Class. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 13.18Facebook Inc 4.55Anthem Inc 4.48Alphabet Inc 4.45CBOE Holdings Inc 4.20Imperial Tobacco Group PLC 4.15Electronic Arts Inc 4.08Activision Blizzard Inc 4.07Athene Holding Ltd 3.94Linde PLC 3.89Total 50.99


US Equity 60.65International Equity 25.03Cash and Equivalents 13.18Canadian Equity 1.14

% Assets





This Fund may be suitable for contractholders if they:• want a core foreign equity fund• are investing for the medium and/or long term.


21


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.68% 1.85% 0.85% 0.25% 0.30%

Class B 4.10% 1.35% 0.95% 0.25% 0.30%

Class C 3.53% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Global Equity Corporate Fund


22

Average return



This chart shows how the Fund has performed in each of the past ten years. In the past ten years, the Fund was up in value nine years and down in value one year.


How risky is it?


LowLow to


%




October 2005 $16,472,3395.62%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Premier American Equity Corporate Class




Class A 4.89% $24.06 198,670

Class B 4.31% $26.06 351,688

Class C 3.76% $28.09 89,943

The Fund invests in the Sentry U.S. Growth and Income Corporate Class (formerly CI American Equity Corporate Class). The underlying fund invests mostly in U.S. shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsAlphabet Inc 7.92Brookfield Asset Management Inc 7.75JPMorgan Chase & Co 7.11Berkshire Hathaway Inc 5.96MasterCard Inc 5.92Visa Inc 5.90Facebook Inc 4.12Cigna Corp 4.07Brookfield Infrastructure Partners LP 3.90Booking Holdings Inc 3.52Total 56.17


US Equity 77.45Canadian Equity 8.64Income Trust Units 8.21International Equity 5.10Cash and Equivalents 0.60

% Assets





This Fund may be suitable for contractholders if they:• want to invest in U.S. companies with growth potential• are investing for the medium and/or long term.


23


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.89% 1.85% 0.85% 0.25% 0.30%

Class B 4.31% 1.35% 0.95% 0.25% 0.30%

Class C 3.76% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Cambridge Premier American Equity Corporate Class


24

Average return



This chart shows how the Fund has performed in each of the past eight years. In the past eight years, the Fund was up in value six years and down in value two years.


How risky is it?


LowLow to


%




September 2011 $9,032,552153.09%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Canadian Investment Core Bundle




Class A 3.80% $15.38 134,263

Class B 3.40% $15.97 315,192

Class C 3.08% $16.45 117,667

The Fund invests in the CI Canadian Investment Corporate Class and Signature Corporate Bond Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsCI Canadian Investment Corporate Class 73.31 Cash and Equivalents Toronto-Dominion Bank Brookfield Asset Management Inc Royal Bank of Canada Bank of Nova Scotia Thomson Reuters Corp Humana Inc Dollarama Inc Booking Holdings Inc Autodesk IncSignature Corporate Bond Corporate Class 26.42Cash and Equivalents 0.27Total 100.00


Canadian Equity 34.20US Equity 31.75Foreign Bonds 12.04Domestic Bonds 9.85Cash and Equivalents 8.01Income Trust Units 2.82Other 1.36

% Assets








25


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.80% 1.30% 0.60% 0.25% 0.30%

Class B 3.40% 0.85% 0.65% 0.25% 0.30%

Class C 3.08% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Canadian Investment Core Bundle


26

Average return





How risky is it?


LowLow to


%




October 2005 $97,534,6485.49%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Canadian Investment Fund




Class A 4.54% $15.84 1,934,607

Class B 4.01% $17.32 3,036,386

Class C 3.55% $18.15 689,748

The Fund invests in the CI Canadian Investment Corporate Class. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 7.26Toronto-Dominion Bank 4.98Brookfield Asset Management Inc 4.95Royal Bank of Canada 4.91Bank of Nova Scotia 3.68Thomson Reuters Corp 3.44Humana Inc 3.40Dollarama Inc 3.29Booking Holdings Inc 3.11Autodesk Inc 3.07Total 42.09


Canadian Equity 45.63US Equity 41.98Cash and Equivalents 7.26Income Trust Units 3.85International Equity 1.28

% Assets





This Fund may be suitable for contractholders if they:• want a core Canadian equity fund • are investing for the medium and/or long term.


27


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.54% 1.75% 0.85% 0.25% 0.30%

Class B 4.01% 1.30% 0.95% 0.25% 0.30%

Class C 3.55% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Canadian Investment Fund


28

Average return



This chart shows how the Fund has performed in each of the past ten years. In the past ten years, the Fund was up in value six years and down in value four years.


How risky is it?


LowLow to


%




October 2005 $5,306,6984.84%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Global Bond Fund




Class A 2.60% $14.98 143,867

Class B 2.48% $15.20 181,881

Class C 2.37% $15.44 24,205

The Fund invests in the Signature Global Bond Fund. The underlying fund invests mostly in bonds from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsJapan Government 0.10% 20-Dec-2022 6.30United States Treasury 1.75% 15-Nov-2029 4.74Spain Government 0.05 % 31-Oct-2021 4.41United States Treasury 1.75% 15-Jul-2022 4.04Spain Government 0.45% 31-Oct-2022 3.30United States Treasury 1.75% 31-Jul-2021 3.25United States Treasury Note 1.63 % 30-Nov-2026 3.02United Kingdom Government 0.50% 22-Jul-2022 2.98United States Treasury 1.50% 31-Aug-2021 2.96Japan Government 0.30% 20-Jun-2039 2.95Total 37.95


Foreign Bonds 93.66Domestic Bonds 2.58Other 2.01Cash and Equivalents 1.66US Equity 0.09

% Assets





This Fund may be suitable for contractholders if they:• want to receive income• are investing for the medium term.


29


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 2.60% 0.50% 0.35% 0.25% 0.30%

Class B 2.48% 0.40% 0.35% 0.25% 0.30%

Class C 2.37% 0.30% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Global Bond Fund


30

Average return





How risky is it?


LowLow to


%




October 2005 $7,123,95914.04%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Global Fund




Class A 4.69% $13.69 155,740

Class B 4.14% $14.60 247,422

Class C 3.59% $15.82 87,235

The Fund invests in the Signature Global Equity Corporate Class. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSPDR Gold Trust ETF (GLD) 4.13Cash and Equivalents 3.64Alibaba Group Holding Ltd 3.01Advanced Micro Devices Inc 2.62Microsoft Corp 2.55Sony Corp 2.11Apple Inc 1.87Samsung Electronics Co Ltd 1.74Marathon Petroleum Corp 1.66Amazon.com Inc 1.61Total 24.94


US Equity 47.76International Equity 39.63Canadian Equity 4.84Other 4.13Cash and Equivalents 3.64

% Assets





This Fund may be suitable for contractholders if they:• want a core foreign equity fund• are investing for the medium and/or long term.


31


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.69% 1.85% 0.85% 0.25% 0.30%

Class B 4.14% 1.35% 0.95% 0.25% 0.30%

Class C 3.59% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Global Fund


32

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:CI Investments Inc. & Epoch Investment

Partners, Inc

April 2007 $15,632,2105.77%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Global High Dividend Advantage Fund




Class A 4.78% $12.50 301,582

Class B 4.21% $13.42 609,038

Class C 3.65% $14.34 168,752

The Fund invests in the CI Global High Dividend Advantage Corporate Class. The underlying fund invests mostly in shares from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 3.02Axa SA 1.87Allianz SE 1.81Verizon Communications Inc 1.69Dominion Resources Inc 1.63Duke Energy Corp 1.56Total SA 1.53Las Vegas Sands Corp 1.51FirstEnergy Corp 1.50Snam SpA 1.49Total 17.61


US Equity 51.75International Equity 38.33Canadian Equity 5.98Cash and Equivalents 3.02Income Trust Units 0.92

% Assets





This Fund may be suitable for contractholders if they:• want to invest in a diversified portfolio of high dividend-paying

equity securities for conservative capital growth• are investing for the medium and/or long term.


33


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.78% 1.85% 0.85% 0.25% 0.30%

Class B 4.21% 1.35% 0.95% 0.25% 0.30%

Class C 3.65% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Global High Dividend Advantage Fund


34

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Altrinsic Global Advisors, LLC

October 2005 $4,687,77812.28%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Global Value Fund




Class A 4.67% $15.11 122,186

Class B 4.13% $16.02 122,758

Class C 3.58% $17.56 48,461

The Fund invests in the CI Global Value Corporate Class. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 3.53Comcast Corp 2.86Astellas Pharma Inc 2.86Willis Towers Watson PLC 2.63GlaxoSmithKline PLC 2.61Zurich Insurance Group AG 2.52Sanofi SA 2.47Chubb Ltd 2.32Heineken NV 2.31Danone SA 2.22Total 26.33


International Equity 58.74US Equity 36.63Cash and Equivalents 3.53Canadian Equity 1.10

% Assets





This Fund may be suitable for contractholders if they:• want to invest in foreign companies• are investing for the medium and/or long term.


35


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.67% 1.85% 0.85% 0.25% 0.30%

Class B 4.13% 1.35% 0.95% 0.25% 0.30%

Class C 3.58% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Global Value Fund


36

Average return



This chart shows how the Fund has performed in each of the past nine years. In the past nine years, the Fund was up in value six years and down in value three years.


How risky is it?


LowLow to


%




January 2010 $52,699,293186.73%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Balanced Bundle




Class B 3.38% $13.56 2,845,219

Class C 3.02% $14.06 839,304

The Fund invests in the Harbour Corporate Class and Signature High Income Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsSignature High Income Corporate Class 59.35 Cash and Equivalents CI First Asset Global Financial Sector ETF (FSF) Brookfield Asset Management Inc United States Treasury 2.25% 15-Aug-2049 Transurban Group Cheniere Energy Inc Allied Properties REIT Ferrovial SA Williams Cos Inc American Homes 4 RentHarbour Corporate Class 40.56Cash and Equivalents 0.09Total 100.00


US Equity 30.63Canadian Equity 26.89Foreign Bonds 19.68Cash and Equivalents 7.03Income Trust Units 6.47International Equity 6.17Domestic Bonds 3.13

% Assets







(as of April 2020 SunWise Elite CI Canadian Investment Balanced Bundle) As of December 31, 2019

37


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class B 3.38% 0.85% 0.65% 0.25% 0.30%

Class C 3.02% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Balanced Bundle(as of April 2020 SunWise Elite CI Canadian Investment Balanced Bundle) As of December 31, 2019

38

Average return





How risky is it?


LowLow to


%




January 2010 $43,460,021139.61%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Core Bundle




Class A 3.86% $12.60 260,394

Class B 3.40% $12.83 1,955,403

Class C 3.07% $13.30 1,057,437

The Fund invests in the Harbour Corporate Class and Signature Corporate Bond Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsHarbour Corporate Class 73.21 Cash and Equivalents Toronto-Dominion Bank Brookfield Asset Management Inc Royal Bank of Canada Bank of Nova Scotia Thomson Reuters Corp Humana Inc Dollarama Inc Booking Holdings Inc Microsoft CorpSignature Corporate Bond Corporate Class 26.45Cash and Equivalents 0.34Total 100.00


Canadian Equity 34.09US Equity 31.81Foreign Bonds 12.05Domestic Bonds 9.86Cash and Equivalents 8.01Income Trust Units 2.85Other 1.33

% Assets







(as of April 2020 SunWise Elite CI Premier Canadian Investment Core Bundle) As of December 31, 2019

39


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.86% 1.30% 0.60% 0.25% 0.30%

Class B 3.40% 0.85% 0.65% 0.25% 0.30%

Class C 3.07% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Core Bundle(as of April 2020 SunWise Elite CI Premier Canadian Investment Core Bundle) As of December 31, 2019

40

Average return





How risky is it?


LowLow to


%




April 2007 $21,086,0818.75%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Foreign Equity Corporate Fund




Class A 4.70% $11.31 350,504

Class B 4.13% $12.14 882,195

Class C 3.58% $12.88 397,357

The Fund invests in the Harbour Global Equity Corporate Class. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 3.22Comcast Corp 2.93Astellas Pharma Inc 2.89Willis Towers Watson PLC 2.67GlaxoSmithKline PLC 2.63Zurich Insurance Group AG 2.55Sanofi SA 2.49Chubb Ltd 2.34Heineken NV 2.29Aon PLC 2.29Total 26.30



% Assets





This Fund may be suitable for contractholders if they:• want a core foreign equity fund• are investing for medium and/or long term.

(as of April 2020 SunWise Elite CI Premier Global Value Fund) As of December 31, 2019

41


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.70% 1.85% 0.85% 0.25% 0.30%

Class B 4.13% 1.35% 0.95% 0.25% 0.30%

Class C 3.58% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Foreign Equity Corporate Fund(as of April 2020 SunWise Elite CI Premier Global Value Fund) As of December 31, 2019

42

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:CI Investments Inc. & Marret Asset

Management Inc.

April 2007 $47,215,9721.97%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Foreign Growth & Income Corporate Fund




Class A 3.87% $13.06 488,665

Class B 3.44% $13.85 2,125,846

Class C 3.21% $14.22 553,248

The Fund invests in the Harbour Global Growth & Income Corporate Class. The underlying fund invests mostly in shares and bonds of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsUnited States Treasury 1.50% 30-Sep-2021 4.16SPDR Gold Trust ETF (GLD) 3.84United States Treasury 2.38% 15-Nov-2049 3.09Cash and Equivalents 2.54Americold Realty Trust 2.05Alibaba Group Holding Ltd 1.67United States Treasury 1.50% 15-Sep-2022 1.59United States Treasury Note 1.63 % 30-Nov-2026 1.53iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) 1.50Advanced Micro Devices Inc 1.49Total 23.46


Foreign Bonds 34.64US Equity 31.64International Equity 22.02Other 5.19Canadian Equity 3.21Cash and Equivalents 2.54Domestic Bonds 0.76

% Assets





This Fund may be suitable for contractholders if they:• want both equity and fixed income securities in a single fund

and prefer to have the portfolio advisor make the asset mix decisions

• are investing for the medium and/or long term.

(as of April 2020 SunWise Elite CI Signature Global Income & Growth Corporate Fund) As of December 31, 2019

43


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.87% 1.15% 0.60% 0.25% 0.30%

Class B 3.44% 0.75% 0.65% 0.25% 0.30%

Class C 3.21% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Foreign Growth & Income Corporate Fund(as of April 2020 SunWise Elite CI Signature Global Income & Growth Corporate Fund) As of December 31, 2019

44

Average return





How risky is it?


LowLow to


%




October 2005 $121,939,9494.03%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Fund




Class A 4.53% $13.33 2,715,944

Class B 4.01% $14.31 4,540,707

Class C 3.53% $15.17 1,161,113

The Fund invests in the Harbour Corporate Class. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 7.13Toronto-Dominion Bank 4.99Brookfield Asset Management Inc 4.95Royal Bank of Canada 4.90Bank of Nova Scotia 3.69Thomson Reuters Corp 3.47Humana Inc 3.44Dollarama Inc 3.26Booking Holdings Inc 3.12Microsoft Corp 3.07Total 42.02


Canadian Equity 45.60US Equity 42.10Cash and Equivalents 7.13Income Trust Units 3.89International Equity 1.28

% Assets





This Fund may be suitable for contractholders if they:• want a core Canadian equity fund• are investing for the medium and/or long term.

(as of April 2020 SunWise Elite CI Premier Canadian Investment Fund) As of December 31, 2019

45


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.53% 1.75% 0.85% 0.25% 0.30%

Class B 4.01% 1.30% 0.95% 0.25% 0.30%

Class C 3.53% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Harbour Fund(as of April 2020 SunWise Elite CI Premier Canadian Investment Fund) As of December 31, 2019

46

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Altrinsic Global Advisors, LLC

October 2005 $9,436,61914.85%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI International Value Fund




Class A 4.67% $13.75 216,332

Class B 4.10% $14.88 338,515

Class C 3.61% $16.05 77,351

The Fund invests in the CI International Value Corporate Class. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 4.33Astellas Pharma Inc 3.20GlaxoSmithKline PLC 3.09Tokio Marine Holdings Inc 2.99Willis Towers Watson PLC 2.95Danone SA 2.82Aon PLC 2.81Zurich Insurance Group AG 2.76Heineken NV 2.75Sanofi SA 2.55Total 30.25



% Assets





This Fund may be suitable for contractholders if they:• want to invest in foreign companies• are investing for the medium and/or long term.


47


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.67% 1.85% 0.85% 0.25% 0.30%

Class B 4.10% 1.35% 0.95% 0.25% 0.30%

Class C 3.61% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI International Value Fund


48

Average return





How risky is it?


LowLow to


%




October 2005 $104,303,02049.52%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Money Market Fund




Class A 1.38% $10.68 2,510,264

Class B 1.26% $10.86 5,119,671

Class C 1.21% $10.91 1,699,737

The Fund invests in the CI Money Market Fund. The underlying fund invests mostly in short-term debt that mature in less than 365 days.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 98.70Canadian Imperial Bank Commrce 2.23 % 08-Dec-2020 1.30Total 100.00


Cash and Equivalents 98.73Domestic Bonds 1.27

% Assets





This Fund may be suitable for contractholders if they:• want to earn income • are investing for the short term.


49


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•




Annual service fee rate DSC: N/A ISC: N/A

Optional Riders

Class





the Units)


GWB)



Value)



Class A 1.38% 0.30% 0.35% 0.25% 0.30%

Class B 1.26% 0.20% 0.35% 0.25% 0.30%

Class C 1.21% 0.15% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Money Market Fund


50

Average return





How risky is it?


LowLow to


%




October 2008 $5,102,5514.80%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI PSS e100 Portfolio




Class A 4.08% $21.84 5,618

Class B 3.58% $20.74 172,449

Class C 3.47% $21.05 518

The Fund invests in multiple underlying funds that invest mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSelect Canadian Equity Managed Corporate Class 48.37Select U.S. Equity Managed Corporate Class 43.53Select International Equity Managed Corporate Class 7.87Cash and Equivalents 0.23Total 100.00


US Equity 41.15Canadian Equity 40.63International Equity 9.09Cash and Equivalents 7.36Income Trust Units 1.76Other 0.01

% Assets





This Fund may be suitable for contractholders if they:• want to invest in a diversified portfolio of equity securities• are investing for the medium and/or long term.


51


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.08% 1.50% 0.85% 0.25% 0.30%

Class B 3.58% 1.05% 0.95% 0.25% 0.30%

Class C 3.47% 0.70% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI PSS e100 Portfolio


52

Average return





How risky is it?


LowLow to


%




Management Inc.

October 2008 $2,335,7924.95%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI PSS i100 Portfolio




Class A 2.82% $12.23 22,676

Class B 2.70% $15.06 97,860

Class C 2.73% $13.86 17,752

The Fund invests in the Select Income Managed Corporate Class. The underlying fund invests mostly in Canadian and global bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 20.71SPDR Gold Trust ETF (GLD) 3.22iShares MSCI Japan ETF (EWJ) 2.91Signature Global Dividend Fund 1.63Canada Government 2.25% 01-Jun-2029 1.52United States Treasury 2.25% 15-Aug-2049 1.45Ontario Province 2.60% 02-Jun-2025 1.43Quebec Province 2.50% 01-Sep-2026 1.42Mackenzie Floating Rate Income ETF (MFT) 1.39Ontario Province 2.65% 02-Dec-2050 1.23Total 36.91


Domestic Bonds 37.81Cash and Equivalents 20.71Foreign Bonds 16.47International Equity 6.49Other 6.41Canadian Equity 6.15US Equity 5.96

% Assets





This Fund may be suitable for contractholders if they:• want to receive income• are investing for the short and/or medium term.


53


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 2.82% 0.55% 0.35% 0.25% 0.30%

Class B 2.70% 0.45% 0.35% 0.25% 0.30%

Class C 2.73% 0.35% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI PSS i100 Portfolio


54

Average return





How risky is it?


LowLow to


%




October 2008 $3,657,9484.70%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI PSS i20/e80 Portfolio




Class A 3.95% $19.05 50,657

Class B 3.60% $20.64 73,524

Class C 3.17% $22.72 27,215

The Fund invests in multiple underlying funds that invest mostly in share and bonds of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSelect Canadian Equity Managed Corporate Class 48.30Select U.S. Equity Managed Corporate Class 41.76Select International Equity Managed Corporate Class 8.49Select Income Managed Corporate Class 1.18Cash and Equivalents 0.27Total 100.00


Canadian Equity 40.62US Equity 39.71International Equity 9.66Cash and Equivalents 7.58Income Trust Units 1.73Domestic Bonds 0.43Other 0.27

% Assets





This Fund may be suitable for contractholders if they:• want to invest in a diversified portfolio of equity securities, with

a small amount of exposure to income securities to reduce short-term volatility



55


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.95% 1.40% 0.60% 0.25% 0.30%

Class B 3.60% 0.95% 0.65% 0.25% 0.30%

Class C 3.17% 0.65% 0.70% 0.25% 0.30%



56

Average return





How risky is it?


LowLow to


%




October 2008 $71,143,4644.87%

Quick facts:





Class A 3.97% $19.83 121,758

Class B 3.48% $19.72 2,199,304

Class C 3.20% $20.49 765,436


Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSelect U.S. Equity Managed Corporate Class 32.92Select Canadian Equity Managed Corporate Class 28.80Select International Equity Managed Corporate Class 19.49Select Income Managed Corporate Class 18.32Cash and Equivalents 0.47Total 100.00


US Equity 31.81Canadian Equity 25.43International Equity 20.53Cash and Equivalents 10.20Domestic Bonds 6.68Foreign Bonds 2.95Other 2.40

% Assets





This Fund may be suitable for contractholders if they:• want to invest in a diversified portfolio of equity securities, with

a small amount of exposure to income securities to mitigate short-term volatility



57


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.97% 1.15% 0.60% 0.25% 0.30%

Class B 3.48% 0.75% 0.65% 0.25% 0.30%

Class C 3.20% 0.50% 0.70% 0.25% 0.30%



58

Average return





How risky is it?


LowLow to


%




October 2008 $27,645,7225.84%

Quick facts:





Class A 3.69% $17.75 105,272

Class B 3.27% $19.48 903,109

Class C 2.97% $19.44 280,442


Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSelect U.S. Equity Managed Corporate Class 31.43Select Canadian Equity Managed Corporate Class 27.10Select Income Managed Corporate Class 23.91Select International Equity Managed Corporate Class 17.55Cash and Equivalents 0.01Total 100.00



% Assets





This Fund may be suitable for contractholders if they:• want to invest in a diversified portfolio of equity securities and,

to a lesser extent, income securities• are investing for the medium and/or long term.


59


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.69% 1.00% 0.60% 0.25% 0.30%

Class B 3.27% 0.60% 0.65% 0.25% 0.30%

Class C 2.97% 0.35% 0.70% 0.25% 0.30%



60

Average return





How risky is it?


LowLow to


%




October 2008 $10,552,0853.77%

Quick facts:





Class A 3.66% $17.56 41,151

Class B 3.31% $18.08 446,769

Class C 3.04% $19.46 65,020


Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSelect U.S. Equity Managed Corporate Class 30.03Select Income Managed Corporate Class 28.63Select Canadian Equity Managed Corporate Class 25.62Select International Equity Managed Corporate Class 15.32Cash and Equivalents 0.40Total 100.00



% Assets





This Fund may be suitable for contractholders if they:• want to invest in a diversified portfolio split approximately

equally between income and equity securities, designed for steady, long-term growth



61


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.66% 1.05% 0.50% 0.25% 0.30%

Class B 3.31% 0.65% 0.50% 0.25% 0.30%

Class C 3.04% 0.45% 0.50% 0.25% 0.30%



62

Average return





How risky is it?


LowLow to


%




October 2008 $5,241,0978.25%

Quick facts:





Class A 3.79% $12.83 22,150

Class B 3.25% $18.26 173,106

Class C 3.16% $16.01 38,330


Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSelect Income Managed Corporate Class 44.44Select U.S. Equity Managed Corporate Class 23.92Select Canadian Equity Managed Corporate Class 18.63Select International Equity Managed Corporate Class 12.95Cash and Equivalents 0.06Total 100.00


US Equity 24.78Canadian Equity 18.45Domestic Bonds 16.21International Equity 15.79Cash and Equivalents 13.95Foreign Bonds 7.17Other 3.65

% Assets





This Fund may be suitable for contractholders if they:• want to invest in a diversified portfolio of income and equity

securities designed for steady, long-term growth • are investing for the medium and/or long term.


63


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.79% 1.00% 0.50% 0.25% 0.30%

Class B 3.25% 0.60% 0.50% 0.25% 0.30%

Class C 3.16% 0.45% 0.50% 0.25% 0.30%



64

Average return





How risky is it?


LowLow to


%




October 2008 $4,375,9116.81%

Quick facts:





Class A 3.24% $17.25 20,402

Class B 3.09% $16.94 176,960

Class C 3.01% $15.15 67,778


Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSelect Income Managed Corporate Class 40.67Select U.S. Equity Managed Corporate Class 28.59Select Canadian Equity Managed Corporate Class 16.56Select International Equity Managed Corporate Class 13.71Cash and Equivalents 0.47Total 100.00


US Equity 28.44Canadian Equity 16.58International Equity 16.44Domestic Bonds 14.81Cash and Equivalents 13.69Foreign Bonds 6.56Other 3.48

% Assets





This Fund may be suitable for contractholders if they:• want to receive income and are seeking modest capital growth• are investing for the short and/or medium term.


65


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.24% 0.55% 0.35% 0.25% 0.30%

Class B 3.09% 0.45% 0.35% 0.25% 0.30%

Class C 3.01% 0.35% 0.35% 0.25% 0.30%



66

Average return


This section tells you how the Fund did in the past. A person who invested $1,000 in the Class C Fund in July 2011 would have $1,344.90 in December 2019. This works out to an average of3.58% a year. The returns are after the MER has been deducted. The MER of the Segregated Fund includes insurance fees. The insurance fees and other costs will reduce the returns of the Fund. Past returns do not tell you how the Fund will do in the future. Your return will vary based on your guarantee option and personal tax situation.



How risky is it?


LowLow to


%




October 2008 $205,9392.50%

Quick facts:





Class A 3.30% $12.09 5,296

Class B 3.16% $16.63 7,895

Class C 3.02% $13.46 791


Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSelect Income Managed Corporate Class 61.15 Cash and Equivalents SPDR Gold Trust ETF (GLD) iShares MSCI Japan ETF (EWJ) Signature Global Dividend Fund Canada Government 2.25% 01-Jun-2029 United States Treasury 2.25% 15-Aug-2049 Ontario Province 2.60% 02-Jun-2025 Quebec Province 2.50% 01-Sep-2026 Mackenzie Floating Rate Income ETF (MFT) Ontario Province 2.65% 02-Dec-2050Select U.S. Equity Managed Corporate Class 16.58Select Canadian Equity Managed Corporate Class 11.53Select International Equity Managed Corporate Class 10.27Cash and Equivalents 0.47Total 100.00


Domestic Bonds 22.41US Equity 18.81Cash and Equivalents 16.94International Equity 14.07Canadian Equity 13.48Foreign Bonds 9.87Other 4.42

% Assets





This Fund may be suitable for contractholders if they:• want to receive income and are seeking conservative capital

growth• are investing for the short and/or medium term.


67


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.30% 0.55% 0.35% 0.25% 0.30%

Class B 3.16% 0.45% 0.35% 0.25% 0.30%

Class C 3.02% 0.35% 0.35% 0.25% 0.30%



68

Average return





How risky is it?


LowLow to


%




Management Inc.

September 2011 $46,359,6278.46%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Select Income Managed Fund




Class A 2.95% $12.33 638,006

Class B 2.83% $12.46 2,283,189

Class C 2.76% $12.56 799,496

The Fund invests in the Select Income Managed Corporate Class. The underlying fund invests mostly in Canadian and global bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 20.71SPDR Gold Trust ETF (GLD) 3.22iShares MSCI Japan ETF (EWJ) 2.91Signature Global Dividend Fund 1.63Canada Government 2.25% 01-Jun-2029 1.52United States Treasury 2.25% 15-Aug-2049 1.45Ontario Province 2.60% 02-Jun-2025 1.43Quebec Province 2.50% 01-Sep-2026 1.42Mackenzie Floating Rate Income ETF (MFT) 1.39Ontario Province 2.65% 02-Dec-2050 1.23Total 36.91


Domestic Bonds 37.81Cash and Equivalents 20.71Foreign Bonds 16.47International Equity 6.49Other 6.41Canadian Equity 6.15US Equity 5.96

% Assets







69


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 2.95% 0.55% 0.35% 0.25% 0.30%

Class B 2.83% 0.45% 0.35% 0.25% 0.30%

Class C 2.76% 0.35% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Select Income Managed Fund


70

Average return





How risky is it?


LowLow to


%




October 2005 $42,252,7275.45%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Canadian Balanced Fund




Class A 3.84% $16.50 413,319

Class B 3.34% $17.60 1,479,303

Class C 3.12% $18.15 451,255

The Fund invests in the Signature Canadian Balanced Fund. The underlying fund invests mostly in Canadian shares and bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsManulife Financial Corp 4.34Cash and Equivalents 4.02SPDR Gold Trust ETF (GLD) 4.00Bank of Nova Scotia 3.30Ontario Province 2.65% 02-Dec-2050 1.83Canada Government 2.25% 01-Jun-2029 1.82Suncor Energy Inc 1.81Ontario Province 2.60% 02-Jun-2025 1.79Quebec Province 2.50% 01-Sep-2026 1.73Quebec Province 3.10% 01-Dec-2051 1.47Total 26.11


Domestic Bonds 36.00Canadian Equity 28.60International Equity 12.64US Equity 12.08Other 5.44Cash and Equivalents 4.02Foreign Bonds 1.22

% Assets









71


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.84% 1.10% 0.60% 0.25% 0.30%

Class B 3.34% 0.70% 0.65% 0.25% 0.30%

Class C 3.12% 0.45% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Canadian Balanced Fund


72

Average return





How risky is it?


LowLow to


%




October 2005 $58,513,42110.18%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Canadian Bond Fund




Class A 2.59% $13.88 1,122,636

Class B 2.46% $14.11 2,074,837

Class C 2.37% $14.27 684,785

The Fund invests in the Signature Canadian Bond Fund. The underlying fund invests mostly in Canadian bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsOntario Province 2.60% 02-Jun-2025 4.56Ontario Province 2.65% 02-Dec-2050 4.50Quebec Province 2.50% 01-Sep-2026 4.44Canada Government 2.25% 01-Jun-2029 3.66Canada Government 1.50% 01-Sep-2024 3.46Cash and Equivalents 2.99Ontario Province 3.50% 02-Jun-2024 2.67Canada Government 1.50% 01-Aug-2021 2.42Ontario Province 2.90% 02-Jun-2049 2.31Quebec Province 2.75% 01-Sep-2025 2.29Total 33.30


Domestic Bonds 90.82Foreign Bonds 3.48Cash and Equivalents 2.99Other 2.71

% Assets







73


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 2.59% 0.50% 0.35% 0.25% 0.30%

Class B 2.46% 0.40% 0.35% 0.25% 0.30%

Class C 2.37% 0.30% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Canadian Bond Fund


74

Average return





How risky is it?


LowLow to


%




January 2010 $113,944,282126.96%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Core Bundle




Class A 3.88% $16.13 524,466

Class B 3.38% $16.34 4,198,907

Class C 3.04% $16.96 1,787,766

The Fund invests in the Signature Select Canadian Corporate Class and Signature Corporate Bond Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsSignature Select Canadian Corporate Class 73.90 Manulife Financial Corp Bank of Nova Scotia Cash and Equivalents Suncor Energy Inc SPDR Gold Trust ETF (GLD) Total SA Canadian Pacific Railway Ltd Sony Corp Advanced Micro Devices Inc Agnico Eagle Mines LtdSignature Corporate Bond Corporate Class 25.74Cash and Equivalents 0.36Total 100.00


Canadian Equity 37.92International Equity 16.54US Equity 15.18Foreign Bonds 11.73Domestic Bonds 9.61Cash and Equivalents 6.02Other 3.00

% Assets








75


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.88% 1.30% 0.60% 0.25% 0.30%

Class B 3.38% 0.85% 0.65% 0.25% 0.30%

Class C 3.04% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Core Bundle


76

Average return



This chart shows how the Fund has performed in each of the past nine years. In the past nine years, the Fund was up in value eight years and down in value one year.


How risky is it?


LowLow to


%




January 2010 $40,084,70311.66%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Corporate Bond Corporate Fund




Class A 2.51% $14.21 347,430

Class B 2.61% $15.26 1,655,107

Class C 2.44% $15.51 536,184

The Fund invests in the Signature Corporate Bond Corporate Class. The underlying fund invests mostly in bonds from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 8.75Dresdner Funding Trust I 8.15 % 30-Jun-2031 1.10Intarcia Therapeutics Inc FRN 15-Apr-2031 0.96GMAC Capital Trust I 0.77Credit Suisse Group AG 7.50% PERP 0.77Citigroup Capital XIII 0.64Bank of America Corp 5.88 % 31-Dec-2049 0.60Inter Pipeline Ltd 6.88 % 26-Mar-2029 0.58Bank of America Corp 6.25 % 31-Dec-2049 0.57Credit Suisse Group AG 6.25% PERP 0.55Total 15.29


Foreign Bonds 45.83Domestic Bonds 37.54Cash and Equivalents 8.75US Equity 3.74Canadian Equity 2.65Other 0.98International Equity 0.51

% Assets







77


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 2.51% 0.60% 0.35% 0.25% 0.30%

Class B 2.61% 0.50% 0.35% 0.25% 0.30%

Class C 2.44% 0.35% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Corporate Bond Corporate Fund


78

Average return





How risky is it?


LowLow to


%




September 2011 $13,578,229116.72%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Dividend Core Bundle




Class A 3.94% $15.15 165,829

Class B 3.45% $15.77 555,894

Class C 3.08% $16.27 141,198

The Fund invests in the Signature Dividend Corporate Class and Signature Corporate Bond Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsSignature Dividend Corporate Class 99.18 Cash and Equivalents Manulife Financial Corp Power Financial Corp Bank of Nova Scotia Enbridge Inc Novartis AG Microsoft Corp Merck & Co Inc BCE Inc Total SASignature Corporate Bond Corporate Class 0.71Cash and Equivalents 0.11Total 100.00


Canadian Equity 51.99US Equity 21.37International Equity 19.52Cash and Equivalents 4.92Foreign Bonds 1.84Domestic Bonds 0.25Other 0.11

% Assets








79


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.94% 1.30% 0.60% 0.25% 0.30%

Class B 3.45% 0.85% 0.65% 0.25% 0.30%

Class C 3.08% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Dividend Core Bundle


80

Average return





How risky is it?


LowLow to


%




October 2005 $104,070,7206.42%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Dividend Fund




Class A 2.88% $18.45 1,699,450

Class B 2.82% $18.79 2,933,615

Class C 2.66% $19.14 744,439

The Fund invests in the Signature Dividend Corporate Class. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 4.79Manulife Financial Corp 3.17Power Financial Corp 2.37Bank of Nova Scotia 1.95Enbridge Inc 1.46Novartis AG 1.22Microsoft Corp 1.13Merck & Co Inc 1.13BCE Inc 1.01Total SA 1.01Total 19.24


Canadian Equity 52.38US Equity 21.52International Equity 19.68Cash and Equivalents 4.79Foreign Bonds 1.53Income Trust Units 0.10

% Assets





This Fund may be suitable for contractholders if they:• want to earn dividend income• are investing for the medium and/or long term.


81


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 2.88% 0.70% 0.60% 0.25% 0.30%

Class B 2.82% 0.65% 0.65% 0.25% 0.30%

Class C 2.66% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Dividend Fund


82

Average return





How risky is it?


LowLow to


%




March 2008 $204,357,9869.78%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Global Income & Growth Fund




Class A 3.89% $17.33 1,595,061

Class B 3.44% $18.36 6,146,485

Class C 3.18% $18.62 3,005,765

The Fund invests in the Signature Global Income & Growth Fund. The underlying fund invests mostly in shares and bonds of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSPDR Gold Trust ETF (GLD) 3.84Cash and Equivalents 3.69United States Treasury Note 1.63 % 30-Nov-2026 2.48United States Treasury 2.38% 15-Nov-2049 2.43United States Treasury 1.75% 15-Nov-2029 2.03United States Treasury 1.50% 30-Sep-2021 2.00Alibaba Group Holding Ltd 1.72iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) 1.49United States Treasury 2.50% 28-Feb-2021 1.48Advanced Micro Devices Inc 1.45Total 22.61


Foreign Bonds 35.03US Equity 29.97International Equity 23.10Other 4.63Cash and Equivalents 3.69Canadian Equity 2.76Domestic Bonds 0.82

% Assets





This Fund may be suitable for contractholders if they:• want both foreign equity and fixed income securities in a single

fund and prefer to have the portfolio advisor make the asset mix decisions



83


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.89% 1.15% 0.60% 0.25% 0.30%

Class B 3.44% 0.75% 0.65% 0.25% 0.30%

Class C 3.18% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Global Income & Growth Fund


84

Average return





How risky is it?


LowLow to


%




October 2005 $372,014,7185.58%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature High Income Fund




Class A 3.03% $19.00 4,034,441

Class B 2.79% $19.88 10,808,279

Class C 2.58% $20.23 3,384,203

The Fund invests in the Signature High Income Fund. The underlying fund invests mostly in shares and Canadian bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 6.18CI First Asset Global Financial Sector ETF (FSF) 3.03Brookfield Asset Management Inc 3.00United States Treasury 2.25% 15-Aug-2049 2.90Transurban Group 2.51Cheniere Energy Inc 2.25Allied Properties REIT 2.03Ferrovial SA 1.85Williams Cos Inc 1.80American Homes 4 Rent 1.74Total 27.29


Foreign Bonds 33.54US Equity 22.89Canadian Equity 14.24International Equity 9.57Income Trust Units 8.28Cash and Equivalents 6.18Domestic Bonds 5.30

% Assets







85


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.03% 0.90% 0.60% 0.25% 0.30%

Class B 2.79% 0.70% 0.65% 0.25% 0.30%

Class C 2.58% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature High Income Fund


86

Average return





How risky is it?


LowLow to


%




October 2005 $258,773,1494.45%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Income & Growth Fund




Class A 3.85% $18.14 2,912,255

Class B 3.40% $19.44 7,362,804

Class C 3.13% $19.97 2,360,228

The Fund invests in the Signature Income & Growth Fund. The underlying fund invests mostly in Canadian shares and bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 5.09Manulife Financial Corp 4.26SPDR Gold Trust ETF (GLD) 3.93Bank of Nova Scotia 3.26Suncor Energy Inc 1.90Nestle SA 1.46Total SA 1.41Canadian Pacific Railway Ltd 1.28Sony Corp 1.24Advanced Micro Devices Inc 1.18Total 25.01


Canadian Equity 30.15Domestic Bonds 21.32US Equity 15.16International Equity 13.20Foreign Bonds 9.91Other 5.17Cash and Equivalents 5.09

% Assets





This Fund may be suitable for contractholders if they:• want to receive a regular income• are investing for the medium term.


87


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.85% 1.15% 0.60% 0.25% 0.30%

Class B 3.40% 0.75% 0.65% 0.25% 0.30%

Class C 3.13% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Income & Growth Fund


88

Average return





How risky is it?


LowLow to


%




Management Inc.

October 2005 $208,243,57397.97%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Premier Canadian Balanced Fund




Class A 3.87% $12.72 4,310,841

Class B 3.41% $13.54 8,372,884

Class C 3.15% $14.03 2,402,274





% Assets







• are investing for the medium term.

(formerly SunWise Elite CI Harbour Growth & Income Fund) As of December 31, 2019

89


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.87% 1.15% 0.60% 0.25% 0.30%

Class B 3.41% 0.75% 0.65% 0.25% 0.30%

Class C 3.15% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Premier Canadian Balanced Fund(formerly SunWise Elite CI Harbour Growth & Income Fund) As of December 31, 2019

90

Average return





How risky is it?


LowLow to


%




October 2005 $18,691,1964.88%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Select Canadian Balanced Fund




Class A 3.89% $13.88 374,524

Class B 3.41% $14.78 709,004

Class C 3.14% $15.28 197,415





% Assets









91


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.89% 1.15% 0.60% 0.25% 0.30%

Class B 3.41% 0.75% 0.65% 0.25% 0.30%

Class C 3.14% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Select Canadian Balanced Fund


92

Average return





How risky is it?


LowLow to


%




October 2005 $122,603,8435.80%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Select Canadian Fund




Class A 4.56% $18.03 1,689,915

Class B 4.02% $19.72 3,468,615

Class C 3.57% $20.65 1,043,851

The Fund invests in the Signature Select Canadian Corporate Class. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsManulife Financial Corp 7.41Bank of Nova Scotia 5.78Cash and Equivalents 4.45Suncor Energy Inc 3.44SPDR Gold Trust ETF (GLD) 2.96Total SA 2.40Canadian Pacific Railway Ltd 2.20Sony Corp 2.12Advanced Micro Devices Inc 2.07Agnico Eagle Mines Ltd 1.88Total 34.71


Canadian Equity 50.39International Equity 22.20US Equity 19.24Cash and Equivalents 4.45Other 2.96Income Trust Units 0.76

% Assets





This Fund may be suitable for contractholders if they:• want a Canadian equity fund for their portfolio• are investing for the medium and/or long term.


93


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.56% 1.75% 0.85% 0.25% 0.30%

Class B 4.02% 1.30% 0.95% 0.25% 0.30%

Class C 3.57% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Select Canadian Fund


94

Average return





How risky is it?


LowLow to


%




October 2005 $43,815,03111.29%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Select Global Income & Growth Corporate Fund




Class A 3.91% $15.84 509,951

Class B 3.42% $16.88 1,311,143

Class C 3.20% $17.43 780,158

The Fund invests in the Signature Global Income & Growth Corporate Class. The underlying fund invests mostly in shares and bonds of firms from around the world.




% Assets









95


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.91% 1.15% 0.60% 0.25% 0.30%

Class B 3.42% 0.75% 0.65% 0.25% 0.30%

Class C 3.20% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Signature Select Global Income & Growth Corporate Fund


96

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Picton Mahoney Asset Management

October 2005 $10,298,7429.82%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Synergy American Fund




Class A 4.64% $19.54 81,004

Class B 4.11% $20.88 327,966

Class C 3.61% $22.44 60,764

The Fund invests in the Synergy American Fund. The underlying fund invests mostly in U.S. shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsMicrosoft Corp 4.85Apple Inc 4.62Cash and Equivalents 4.45Zoetis Inc 2.62Amazon.com Inc 2.60JPMorgan Chase & Co 2.58MasterCard Inc 2.58Bank of America Corp 2.56Abbott Laboratories 2.30Alphabet Inc 2.21Total 31.37


US Equity 91.38Cash and Equivalents 4.45International Equity 2.43Income Trust Units 1.04Canadian Equity 0.70

% Assets





This Fund may be suitable for contractholders if they:• want to invest in North American equity securities with high

growth potential• are investing for the medium and/or long term.


97


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.64% 1.85% 0.85% 0.25% 0.30%

Class B 4.11% 1.35% 0.95% 0.25% 0.30%

Class C 3.61% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Synergy American Fund


98

Average return





How risky is it?


LowLow to


%




September 2011 $1,160,496123.62%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Synergy Canadian Core Bundle




Class A 3.92% $15.36 14,448

Class B 3.41% $15.99 21,419

Class C 3.10% $16.52 36,080

The Fund invests in the Synergy Canadian Corporate Class and Signature Corporate Bond Corporate Class. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsSynergy Canadian Corporate Class 74.17 Cash and Equivalents Toronto-Dominion Bank Royal Bank of Canada Canadian Pacific Railway Ltd Brookfield Asset Management Inc Element Financial Corp Sun Life Financial Inc Bank of Montreal Microsoft Corp TC Energy CorpSignature Corporate Bond Corporate Class 25.56Cash and Equivalents 0.27Total 100.00


Canadian Equity 33.63US Equity 20.76International Equity 14.19Foreign Bonds 11.65Domestic Bonds 9.55Cash and Equivalents 7.60Other 2.62

% Assets








99


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.92% 1.30% 0.60% 0.25% 0.30%

Class B 3.41% 0.85% 0.65% 0.25% 0.30%

Class C 3.10% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Synergy Canadian Core Bundle


100

Average return





How risky is it?


LowLow to


%




October 2005 $10,834,8376.01%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Synergy Canadian Fund




Class A 4.58% $15.98 138,370

Class B 4.00% $17.07 284,102

Class C 3.50% $18.44 182,796

The Fund invests in the Synergy Canadian Corporate Class. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 6.67Toronto-Dominion Bank 4.05Royal Bank of Canada 4.01Canadian Pacific Railway Ltd 2.79Brookfield Asset Management Inc 2.50Element Financial Corp 1.79Sun Life Financial Inc 1.74Bank of Montreal 1.66Microsoft Corp 1.64TC Energy Corp 1.62Total 28.47



% Assets





This Fund may be suitable for contractholders if they:• want a core Canadian equity fund for their portfolio• are investing for the medium and/or long term.


101


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.58% 1.75% 0.85% 0.25% 0.30%

Class B 4.00% 1.30% 0.95% 0.25% 0.30%

Class C 3.50% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Synergy Canadian Fund


102

Average return





How risky is it?


LowLow to


%




October 2005 $6,844,7997.40%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Synergy Global Corporate Fund




Class A 4.68% $16.46 145,813

Class B 4.10% $17.74 156,798

Class C 3.60% $18.85 86,956

The Fund invests in the Synergy Global Corporate Class. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCash and Equivalents 5.13Microsoft Corp 3.42Apple Inc 3.27Zoetis Inc 1.85MasterCard Inc 1.83JPMorgan Chase & Co 1.82Bank of America Corp 1.81Amazon.com Inc 1.76Abbott Laboratories 1.62NextEra Energy Inc 1.56Total 24.07


US Equity 64.71International Equity 28.93Cash and Equivalents 5.13Income Trust Units 0.73Canadian Equity 0.50

% Assets





This Fund may be suitable for contractholders if they:• want to add global momentum to a diversified portfolio and are

comfortable investing outside of Canada• are investing for the medium and/or long term.


103


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.68% 1.85% 0.85% 0.25% 0.30%

Class B 4.10% 1.35% 0.95% 0.25% 0.30%

Class C 3.60% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite CI Synergy Global Corporate Fund


104

Average return





How risky is it?


LowLow to


%




January 2010 $31,418,39637.63%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Dynamic Core Bundle




Class A 4.20% $16.11 71,902

Class B 3.65% $16.29 1,383,756

Class C 3.25% $16.98 454,696

The Fund invests in the Dynamic Canadian Value Class, Dynamic Global Dividend Class and Dynamic Canadian Bond Fund. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsDynamic Global Dividend Class 36.98Dynamic Canadian Value Class 36.12Dynamic Canadian Bond Fund 25.65Cash and Equivalents 1.25Total 100.00


Canadian Equity 27.97US Equity 26.89Domestic Bonds 22.15International Equity 14.78Cash and Equivalents 5.96Other 2.24Foreign Bonds 0.01

% Assets








105


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.20% 1.30% 0.60% 0.25% 0.30%

Class B 3.65% 0.85% 0.65% 0.25% 0.30%

Class C 3.25% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Dynamic Core Bundle


106

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:1832 Asset Management L.P.

April 2007 $14,652,4237.14%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Dynamic Global Value Fund




Class A 4.92% $11.02 275,134

Class B 4.33% $11.85 713,251

Class C 3.70% $12.74 248,650

The Fund invests in the Dynamic International Equity Fund. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsTechtronic Industries Co Ltd 5.35Koninklijke Philips NV 5.17Samsung Electronics Co Ltd 4.98LVMH Moet Hennessy Louis Vuitton SA 4.18Kweichow Moutai Co Ltd 3.94Topdanmark A/S 3.54Santen Pharmaceutical Co Ltd 3.51Nexon Co Ltd 3.26Schneider Electric SE 3.24Bunzl PLC 3.22Total 40.39


International Equity 95.50Income Trust Units 2.90Cash and Equivalents 1.60

% Assets





This Fund may be suitable for contractholders if they:• are seeking the capital growth potential of investments in

equities of businesses outside Canada• are investing for the long term.


107


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.92% 1.85% 0.85% 0.25% 0.30%

Class B 4.33% 1.35% 0.95% 0.25% 0.30%

Class C 3.70% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Dynamic Global Value Fund


108

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Fidelity Investments Canada ULC

October 2005 $116,000,1345.26%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity Canadian Asset Allocation Fund




Class A 4.05% $15.69 1,634,268

Class B 3.59% $16.75 4,201,450

Class C 3.32% $17.33 1,152,409

The Fund invests in the Fidelity Canadian Asset Allocation Fund. The underlying fund invests mostly in Canadian shares and bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsFidelity Canadian Money Market Investment Trust 4.48Royal Bank of Canada 3.77Toronto-Dominion Bank 3.35iShares Gold Trust (IAU) 3.05TransCanada Corp 2.35Metro Inc 2.19Suncor Energy Inc 2.04Brookfield Asset Management Inc 1.98Alimentation Couche-Tard Inc 1.86George Weston Ltd 1.86Total 26.93


Canadian Equity 48.52Domestic Bonds 26.77US Equity 7.90Cash and Equivalents 5.56International Equity 5.37Other 4.01Income Trust Units 1.87

% Assets





This Fund may be suitable for contractholders if they:• want the convenience of a diversified portfolio in a single fund• are investing for the long-term.


109


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.05% 1.15% 0.60% 0.25% 0.30%

Class B 3.59% 0.75% 0.65% 0.25% 0.30%

Class C 3.32% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity Canadian Asset Allocation Fund


110

Average return





How risky is it?


LowLow to


%




January 2010 $14,937,35111.29%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity Disciplined Core Bundle




Class A 4.09% $15.06 33,329

Class B 3.61% $15.79 720,729

Class C 3.15% $16.56 184,475

The Fund invests in the Fidelity Canadian Disciplined Equity Fund, Fidelity Canadian Bond Fund and Fidelity Global Disciplined Equity Fund. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsFidelity Canadian Disciplined Equity Fund 52.77 Toronto-Dominion Bank Royal Bank of Canada Fidelity Canadian Money Market Investment Trust Canadian Pacific Railway Ltd Suncor Energy Inc Brookfield Asset Management Inc TransCanada Corp Canadian Natural Resources Ltd Alimentation Couche-Tard Inc Barrick Gold CorpFidelity Canadian Bond Fund 25.99Fidelity Global Disciplined Equity Fund 21.12Cash and Equivalents 0.12Total 100.00


Canadian Equity 46.41Domestic Bonds 25.39US Equity 14.35International Equity 8.49Cash and Equivalents 3.70Income Trust Units 1.50Foreign Bonds 0.16

% Assets








111


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.09% 1.30% 0.60% 0.25% 0.30%

Class B 3.61% 0.85% 0.65% 0.25% 0.30%

Class C 3.15% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity Disciplined Core Bundle


112

Average return





How risky is it?


LowLow to


%




October 2005 $29,517,92213.63%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity Global Asset Allocation Fund




Class A 4.11% $17.37 432,853

Class B 3.61% $18.48 981,859

Class C 3.34% $19.10 201,963

The Fund invests in the Fidelity Global Asset Allocation Fund. The underlying fund invests mostly in shares and bonds of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsFidelity Canadian Money Market Investment Trust 5.79iShares Core S&P 500 Index ETF (IVV) 5.58iShares Core MSCI Emerging Markets ETF (IEMG) 4.36iShares Core MSCI Europe ETF (IEUR) 3.90iShares MSCI Japan ETF (EWJ) 2.97Consumer Discretionary Select Sector SPDR ETF (XLY) 1.87Financial Select Sector SPDR Fund ETF 1.85iShares Core S&P/TSX Capped Composite Index ETF (XIC) 1.69Cash and Equivalents 1.67Industrial Select Sector SPDR Fund ETF (XLI) 1.67Total 31.35


US Equity 34.62International Equity 30.12Foreign Bonds 22.07Cash and Equivalents 8.66Canadian Equity 3.94Domestic Bonds 0.62Other -0.03

% Assets





This Fund may be suitable for contractholders if they:• want the convenience of a diversified portfolio in a single fund• want a long-term investment.


113


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.11% 1.15% 0.60% 0.25% 0.30%

Class B 3.61% 0.75% 0.65% 0.25% 0.30%

Class C 3.34% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity Global Asset Allocation Fund


114

Average return





How risky is it?


LowLow to


%




September 2011 $17,681,20545.07%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity NorthStar® Core Bundle




Class A 4.13% $17.28 196,723

Class B 3.62% $18.03 529,507

Class C 3.25% $18.85 251,042

The Fund invests in the Fidelity NorthStar® Fund and Fidelity Canadian Bond Fund. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsFidelity NorthStar Fund 74.58 Fidelity U.S. Money Market Investment Trust Ottogi Corp Imperial Brands PLC SPDR Gold Trust ETF (GLD) Anthem Inc Microsoft Corp Gilead Sciences Inc Hon Hai Precision Industry Co Ltd Apple Inc Alphabet IncFidelity Canadian Bond Fund 25.12Cash and Equivalents 0.30Total 100.00


International Equity 42.35Domestic Bonds 24.52US Equity 22.89Cash and Equivalents 6.83Other 1.72Canadian Equity 1.64Foreign Bonds 0.05

% Assets








115


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.13% 1.30% 0.60% 0.25% 0.30%

Class B 3.62% 0.85% 0.65% 0.25% 0.30%

Class C 3.25% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity NorthStar® Core Bundle


116

Average return





How risky is it?


LowLow to


%




October 2005 $37,282,8634.82%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity NorthStar® Fund




Class A 4.91% $15.75 619,031

Class B 4.33% $17.03 1,109,132

Class C 3.80% $18.35 471,086

The Fund invests in the Fidelity NorthStar® Fund. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsFidelity U.S. Money Market Investment Trust 6.85Ottogi Corp 3.15Imperial Brands PLC 2.32SPDR Gold Trust ETF (GLD) 2.29Anthem Inc 2.26Microsoft Corp 1.97Gilead Sciences Inc 1.59Hon Hai Precision Industry Co Ltd 1.47Apple Inc 1.36Alphabet Inc 1.25Total 24.51


International Equity 56.77US Equity 30.70Cash and Equivalents 7.99Other 2.30Canadian Equity 2.20Domestic Bonds 0.02Income Trust Units 0.02

% Assets





This Fund may be suitable for contractholders if they:• want a foreign equity fund • are investing for the long term.


117


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.91% 1.85% 0.85% 0.25% 0.30%

Class B 4.33% 1.35% 0.95% 0.25% 0.30%

Class C 3.80% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity NorthStar® Fund


118

Average return





How risky is it?


LowLow to


%




September 2011 $5,913,43825.20%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity True North® Core Bundle




Class A 4.11% $14.89 36,003

Class B 3.58% $15.51 198,468

Class C 3.19% $16.18 142,089

The Fund invests in the Fidelity True North® Fund and Fidelity Canadian Bond Fund. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsFidelity True North Fund 72.13 Royal Bank of Canada Toronto-Dominion Bank Alimentation Couche-Tard Inc Suncor Energy Inc Enbridge Inc BCE Inc Canadian National Railway Co Metro Inc CGI Group Inc Fidelity Canadian Money Market Investment TrustFidelity Canadian Bond Fund 27.84Cash and Equivalents 0.03Total 100.00


Canadian Equity 62.08Domestic Bonds 27.29Cash and Equivalents 3.05US Equity 2.43International Equity 2.12Income Trust Units 1.55Other 1.48

% Assets








119


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.11% 1.30% 0.60% 0.25% 0.30%

Class B 3.58% 0.85% 0.65% 0.25% 0.30%

Class C 3.19% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity True North® Core Bundle


120

Average return





How risky is it?


LowLow to


%




October 2005 $65,548,0415.58%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity True North® Fund




Class A 4.72% $17.15 1,032,503

Class B 4.18% $18.47 2,052,172

Class C 3.73% $19.75 503,373

The Fund invests in the Fidelity True North® Fund. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsRoyal Bank of Canada 5.61Toronto-Dominion Bank 5.48Alimentation Couche-Tard Inc 4.18Suncor Energy Inc 3.79Enbridge Inc 3.74BCE Inc 3.65Canadian National Railway Co 3.51Metro Inc 3.46CGI Group Inc 3.32Fidelity Canadian Money Market Investment Trust 3.29Total 40.03


Canadian Equity 86.02US Equity 3.37Cash and Equivalents 3.31International Equity 2.94Income Trust Units 2.15Other 1.44Foreign Bonds 0.75

% Assets





This Fund may be suitable for contractholders if they:• want to add a Canadian equity fund• are investing for the long-term.


121


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.72% 1.75% 0.85% 0.25% 0.30%

Class B 4.18% 1.30% 0.95% 0.25% 0.30%

Class C 3.73% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity True North® Fund


122

Average return





How risky is it?


LowLow to


%




October 2005 $14,869,01717.30%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity U.S. Focused Stock Fund




Class A 4.85% $18.36 279,268

Class B 4.26% $19.62 407,693

Class C 3.75% $21.28 81,811

The Fund invests in the Fidelity U.S. Focused Stock Fund. The underlying fund invests mostly in U.S. shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsMicrosoft Corp 5.86Apple Inc 4.95Adobe Systems Inc 4.40Alphabet Inc 4.36UnitedHealth Group Inc 4.03Bank of America Corp 4.02Facebook Inc 3.76MasterCard Inc 3.59JPMorgan Chase & Co 3.56Accenture PLC 3.44Total 41.97


US Equity 90.19International Equity 7.93Canadian Equity 1.22Cash and Equivalents 0.66

% Assets





This Fund may be suitable for contractholders if they:• want to add growth potential of U.S. companies• are investing for the long-term.


123


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.85% 1.85% 0.85% 0.25% 0.30%

Class B 4.26% 1.35% 0.95% 0.25% 0.30%

Class C 3.75% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Fidelity U.S. Focused Stock Fund


124

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Franklin Templeton Investments Corp.

October 2008 $586,1982.86%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Bissett Canadian Equity Portfolio




Class A 4.36% $20.32 4,584

Class B 3.89% $21.85 17,115

Class C 3.62% $22.71 5,244

The Fund invests in the Franklin Bissett Canadian Equity Fund. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsBrookfield Asset Management Inc 8.16Canadian National Railway Co 5.46Royal Bank of Canada 5.19Canadian Pacific Railway Ltd 4.82Cash and Equivalents 4.29Toronto-Dominion Bank 4.27Canadian Imperial Bank of Commerce 3.33Bank of Montreal 3.29Alimentation Couche-Tard Inc 3.22Bank of Nova Scotia 2.94Total 44.97


Canadian Equity 94.67Cash and Equivalents 4.29Income Trust Units 1.04

% Assets





This Fund may be suitable for contractholders if they:• want a well diversified Canadian equity holding • are investing for the medium and/or long term.


125


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.36% 1.50% 0.85% 0.25% 0.30%

Class B 3.89% 1.05% 0.95% 0.25% 0.30%

Class C 3.62% 0.70% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Bissett Canadian Equity Portfolio


126

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Fiduciary Trust Company of Canada

October 2008 $25,369,1732.17%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Balanced Growth Portfolio




Class A 4.06% $17.82 134,939

Class B 3.60% $17.70 941,322

Class C 3.29% $18.31 344,260

The Fund invests in the Franklin Quotential Balanced Growth Portfolio. The underlying fund invests mostly in Canadian shares and bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsFranklin Bissett Canadian Government Bond Fund 19.97Franklin Bissett Core Plus Bond Fund 19.67Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged) (FLGA)

9.90Franklin Bissett Short Duration Bond Fund 5.24Franklin U.S. Core Equity Fund 4.91Templeton Global Bond Fund 4.81Franklin FTSE U.S. Index ETF (FLAM) 3.77Franklin FTSE Canada All Cap Index ETF (FLCD) 3.70Franklin Bissett Canadian Equity Fund 3.50Franklin U.S. Rising Dividends Fund 3.02Total 78.49


Domestic Bonds 38.52US Equity 15.49Foreign Bonds 15.34Canadian Equity 12.32International Equity 11.02Cash and Equivalents 6.67Other 0.64

% Assets





This Fund may be suitable for contractholders if they:• want a well diversified balanced holding • are investing for the medium and/or long term.


127


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.06% 1.15% 0.50% 0.25% 0.30%

Class B 3.60% 0.75% 0.50% 0.25% 0.30%

Class C 3.29% 0.50% 0.50% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Balanced Growth Portfolio


128

Average return





How risky is it?


LowLow to


%




October 2008 $9,026,2394.48%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Balanced Income Portfolio




Class A 3.94% $16.31 118,280

Class B 3.42% $16.65 337,816

Class C 3.29% $17.44 84,349

The Fund invests in the Franklin Quotential Balanced Income Portfolio. The underlying fund invests mostly in Canadian shares and bonds.





% Assets







129


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.94% 1.00% 0.50% 0.25% 0.30%

Class B 3.42% 0.60% 0.50% 0.25% 0.30%

Class C 3.29% 0.45% 0.50% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Balanced Income Portfolio


130

Average return





How risky is it?


LowLow to


%




October 2008 $1,833,5220.35%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Diversified Equity Portfolio




Class A 4.31% $19.24 1,189

Class B 3.98% $20.56 55,981

Class C 3.62% $21.00 31,400

The Fund invests in the Franklin Quotential Diversified Equity Portfolio. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsFranklin U.S. Core Equity Fund 16.90Franklin FTSE U.S. Index ETF (FLAM) 12.48Franklin U.S. Rising Dividends Fund 10.28Franklin International Core Equity Fund 9.57iShares Core MSCI EAFE ETF (IEFA) 9.15Franklin U.S. Opportunities Fund 9.05Franklin LibertyQT U.S. Equity Index ETF (FLUS) 7.70Franklin FTSE Europe ex U.K. Index ETF (FLUR) 5.21Franklin Global Growth Fund 5.11Franklin Emerging Markets Core Equity Fund 4.24Total 89.69


US Equity 55.72International Equity 39.88Cash and Equivalents 2.29Canadian Equity 1.75Income Trust Units 0.30Other 0.06

% Assets





This Fund may be suitable for contractholders if they:• want a well diversified equity holding • are investing for the medium and/or long term.


131


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.31% 1.50% 0.85% 0.25% 0.30%

Class B 3.98% 1.05% 0.95% 0.25% 0.30%

Class C 3.62% 0.70% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Diversified Equity Portfolio


132

Average return





How risky is it?


LowLow to


%




October 2008 $9,156,8727.87%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Diversified Income Portfolio




Class A 3.35% $15.48 121,133

Class B 3.23% $15.27 342,973

Class C 3.12% $15.70 130,181

The Fund invests in the Franklin Quotential Diversified Income Portfolio. The underlying fund invests mostly in Canadian bonds.


9.81Franklin Bissett Short Duration Bond Fund 6.97Templeton Global Bond Fund 5.35Franklin Strategic Income Fund 3.89Franklin International Core Equity Fund 3.72Franklin U.S. Core Equity Fund 3.58Franklin FTSE U.S. Index ETF (FLAM) 2.13Franklin FTSE Canada All Cap Index ETF (FLCD) 2.00Total 90.22


Domestic Bonds 51.36Foreign Bonds 19.10Cash and Equivalents 8.92US Equity 7.91International Equity 5.98Canadian Equity 5.49Other 1.24

% Assets





This Fund may be suitable for contractholders if they:• want a well diversified high income holding • are investing for the medium term.


133


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.35% 0.55% 0.35% 0.25% 0.30%

Class B 3.23% 0.45% 0.35% 0.25% 0.30%

Class C 3.12% 0.35% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Diversified Income Portfolio


134

Average return





How risky is it?


LowLow to


%




October 2008 $2,198,0632.59%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Growth Portfolio




Class A 4.29% $19.11 9,271

Class B 3.82% $18.38 81,979

Class C 3.50% $20.19 25,468

The Fund invests in the Franklin Quotential Growth Portfolio. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsFranklin U.S. Core Equity Fund 10.20Franklin FTSE U.S. Index ETF (FLAM) 7.80Franklin Bissett Canadian Equity Fund 6.97Franklin Bissett Canadian Government Bond Fund 6.62Franklin Bissett Core Plus Bond Fund 6.53Franklin U.S. Rising Dividends Fund 6.34Franklin FTSE Canada All Cap Index ETF (FLCD) 6.27Franklin International Core Equity Fund 5.96Franklin Canadian Core Equity Fund 5.86Franklin U.S. Opportunities Fund 5.48Total 68.03


US Equity 32.39International Equity 23.19Canadian Equity 22.14Domestic Bonds 12.78Foreign Bonds 5.07Cash and Equivalents 3.64Other 0.79

% Assets







135


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.29% 1.40% 0.60% 0.25% 0.30%

Class B 3.82% 0.95% 0.65% 0.25% 0.30%

Class C 3.50% 0.65% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Growth Portfolio


136

Average return





How risky is it?


LowLow to


%




October 2008 $1,146,3794.30%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Maximum Growth Portfolio




Class A 4.52% $18.87 7,583

Class B 3.99% $24.89 29,687

Class C 3.62% $22.19 11,919

The Fund invests in the Franklin Quotential Diversified Equity Portfolio. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsFranklin U.S. Core Equity Fund 16.90Franklin FTSE U.S. Index ETF (FLAM) 12.48Franklin U.S. Rising Dividends Fund 10.28Franklin International Core Equity Fund 9.57iShares Core MSCI EAFE ETF (IEFA) 9.15Franklin U.S. Opportunities Fund 9.05Franklin LibertyQT U.S. Equity Index ETF (FLUS) 7.70Franklin FTSE Europe ex U.K. Index ETF (FLUR) 5.21Franklin Global Growth Fund 5.11Franklin Emerging Markets Core Equity Fund 4.24Total 89.69


US Equity 55.72International Equity 39.88Cash and Equivalents 2.29Canadian Equity 1.75Income Trust Units 0.30Other 0.06

% Assets







137


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.52% 1.50% 0.85% 0.25% 0.30%

Class B 3.99% 1.05% 0.95% 0.25% 0.30%

Class C 3.62% 0.70% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Maximum Growth Portfolio


138

Average return





How risky is it?


LowLow to


%




October 2008 $2,680,3644.48%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Select Balanced Income Portfolio




Class A 3.89% $16.89 10,738

Class B 3.48% $17.74 121,209

Class C 3.20% $17.80 19,586

The Fund invests in the Franklin Quotential Balanced Income Portfolio. The underlying fund invests mostly in shares and bonds of firms from around the world.





% Assets







139


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.89% 1.00% 0.50% 0.25% 0.30%

Class B 3.48% 0.60% 0.50% 0.25% 0.30%

Class C 3.20% 0.45% 0.50% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Franklin Templeton Quotential Select Balanced Income Portfolio


140

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Mackenzie Financial Corporation

October 2005 $10,791,2696.29%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Mackenzie Cundill Canadian Balanced Fund




Class A 4.13% $14.33 269,435

Class B 3.60% $15.34 339,370

Class C 3.37% $15.63 110,282

The Fund invests in the Mackenzie Cundill Canadian Balanced Fund. The underlying fund invests mostly in Canadian shares and bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCitigroup Inc 3.43Bank of America Corp 3.38Bank of Nova Scotia 2.90Mackenzie Global Credit Opportunities Fund 2.80Enbridge Inc 2.72Brookfield Asset Management Inc 2.69Suncor Energy Inc 2.49Ontario Province 2.90% 02-Jun-2049 2.44Canadian National Railway Co 2.37Nutrien Ltd 1.92Total 27.14


Canadian Equity 35.80Domestic Bonds 20.76US Equity 16.46Foreign Bonds 12.98International Equity 9.85Income Trust Units 2.20Other 1.95

% Assets





This Fund may be suitable for contractholders if they:• want a balance of capital gains and income• are investing for the medium term.


141


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.13% 1.15% 0.60% 0.25% 0.30%

Class B 3.60% 0.75% 0.65% 0.25% 0.30%

Class C 3.37% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Mackenzie Cundill Canadian Balanced Fund


142

Average return





How risky is it?


LowLow to


%




October 2005 $5,022,9101.94%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Mackenzie Cundill Canadian Security Fund




Class A 4.82% $13.84 175,085

Class B 4.21% $14.03 120,131

Class C 3.77% $14.96 61,160

The Fund invests in the Mackenzie Cundill Canadian Security Fund. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCitigroup Inc 5.46Bank of America Corp 5.39Bank of Nova Scotia 4.53Brookfield Asset Management Inc 4.24Enbridge Inc 4.10Suncor Energy Inc 4.01Canadian National Railway Co 3.73Nutrien Ltd 3.04SNC-Lavalin Group Inc 3.02Celestica Inc 2.56Total 40.08


Canadian Equity 54.73US Equity 26.53International Equity 15.36Income Trust Units 3.56Cash and Equivalents -0.18

% Assets





This Fund may be suitable for contractholders if they:• want long-term capital growth• are investing for the medium and/or long term.


143


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.82% 1.75% 0.85% 0.25% 0.30%

Class B 4.21% 1.30% 0.95% 0.25% 0.30%

Class C 3.77% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Mackenzie Cundill Canadian Security Fund


144

Average return





How risky is it?


LowLow to


%




April 2007 $15,113,4026.15%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Mackenzie Cundill Value Fund




Class A 5.03% $8.95 474,082

Class B 4.42% $9.61 655,914

Class C 3.83% $10.32 442,807

The Fund invests in the Mackenzie Cundill Value Fund. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsBank of America Corp 5.25Citigroup Inc 5.24Wells Fargo & Co 5.02Hitachi Ltd 3.47Sanofi SA 3.31Oracle Corp 3.27Ferrovial SA 3.10Berkshire Hathaway Inc 3.07Samsung Electronics Co Ltd 3.03Discovery Communications Inc 3.02Total 37.78


US Equity 50.35International Equity 45.78Canadian Equity 3.89Cash and Equivalents -0.02

% Assets





This Fund may be suitable for contractholders if they:• want capital growth and are comfortable with the risks

associated with equity investments• are investing for the medium and/or long term.


145


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 5.03% 1.85% 0.85% 0.25% 0.30%

Class B 4.42% 1.35% 0.95% 0.25% 0.30%

Class C 3.83% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Mackenzie Cundill Value Fund


146

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Manulife Asset Management Limited

March 2008 $3,606,10910.86%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Manulife Diversified Income Portfolio Fund




Class A 4.09% $11.95 33,336

Class B 3.70% $12.50 214,578

Class C 3.39% $12.63 41,641

The Fund invests in the Manulife Moderate Portfolio. The underlying fund invests mostly in shares and bonds of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsManulife Bond Fund 17.43Manulife Strategic Income Fund 15.08Manulife Canadian Unconstrained Bond Fund 8.22Manulife Dividend Income Fund 7.68Manulife Global Unconstrained Bond Fund 6.86Manulife Money Market Fund 6.58Manulife World Investment Fund 5.74Manulife Global Listed Infrastructure Fund 4.99Manulife Fundamental Equity Fund 4.28Manulife U.S. Unconstrained Bond Fund 3.56Total 80.42


Foreign Bonds 26.38Domestic Bonds 23.11US Equity 16.56Cash and Equivalents 11.10Canadian Equity 9.99International Equity 9.68Other 3.18

% Assets





This Fund may be suitable for contractholders if they:• want to receive income• are investing for the medium to long-term.


147


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.09% 1.15% 0.60% 0.25% 0.30%

Class B 3.70% 0.75% 0.65% 0.25% 0.30%

Class C 3.39% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Manulife Diversified Income Portfolio Fund


148

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Manulife Asset Management Limited

March 2008 $962,9880.01%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Manulife Global Dividend Fund




Class A 5.09% $13.48 34,994

Class B 4.38% $14.86 22,962

Class C 3.73% $15.75 9,536

The Fund invests in the Manulife Global Dividend Class. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsApple Inc 5.08Microsoft Corp 4.15Johnson & Johnson 3.65United Technologies Corp 3.55Cie Generale des Etablissmts Michelin SCA 3.07Verizon Communications Inc 3.02Wells Fargo & Co 2.92Amcor Ltd 2.82Total SA 2.79CRH PLC 2.76Total 33.81


International Equity 51.03US Equity 48.45Cash and Equivalents 0.52

% Assets





This Fund may be suitable for contractholders if they:• want capital appreciation from a concentrated equity investment• are investing for the long-term.


149


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 5.09% 1.85% 0.85% 0.25% 0.30%

Class B 4.38% 1.35% 0.95% 0.25% 0.30%

Class C 3.73% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Manulife Global Dividend Fund


150

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:Northwest & Ethical Investments L.P.

March 2008 $5,254,98210.25%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Northwest Growth and Income Fund




Class A 4.11% $14.63 64,274

Class B 3.68% $15.78 228,362

Class C 3.45% $15.46 46,000

The Fund invests in the NEI Northwest Growth & Income Fund. The underlying fund invests mostly in Canadian shares and bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsNEI Global Equity Fund 34.72NEI Canadian Bond Fund 22.44Toronto-Dominion Bank 4.08Bank of Nova Scotia 3.89Air Canada 3.30FirstService Corp 3.26Colliers International Group Inc 2.85Manulife Financial Corp 2.70Quebecor Inc 2.63Sun Life Financial Inc 2.41Total 82.28


Canadian Equity 40.10Domestic Bonds 20.30International Equity 17.59US Equity 15.08Income Trust Units 3.56Cash and Equivalents 1.78Other 1.59

% Assets





This Fund may be suitable for contractholders if they:• want a combination of long term growth and some current

income, through an investment diversified by asset class, style, and geography



151


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.11% 1.15% 0.60% 0.25% 0.30%

Class B 3.68% 0.75% 0.65% 0.25% 0.30%

Class C 3.45% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Northwest Growth and Income Fund


152

Average return





How risky is it?


LowLow to


%




October 2005 $480,835,5527.24%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Balanced Fund




Class A 3.72% $16.76 6,678,805

Class B 3.25% $17.76 14,625,877

Class C 2.97% $18.14 4,782,977

The Fund invests in the Portfolio Series Balanced Fund. The underlying fund invests mostly in shares and bonds from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSignature Canadian Bond Fund 13.34Cambridge Canadian Dividend Fund 6.12Synergy Canadian Corporate Class 6.05Signature Emerging Markets Corporate Class 5.13CI First Asset Morningstar Canada Momentum Index ETF (WXM) 5.13Cambridge Canadian Equity Corporate Class 5.12CI American Managers Corporate Class 5.12CI Munro Alternative Global Growth Fund 4.65CI First Asset MSCI Canada Quality Index Class ETF (FQC) 4.44Signature Corporate Bond Fund 3.93Total 59.03


Canadian Equity 23.97International Equity 22.96US Equity 18.86Domestic Bonds 15.87Foreign Bonds 7.94Cash and Equivalents 6.09Other 4.31

% Assets





This Fund may be suitable for contractholders if they:• want capital growth and income while diversifying risk• are investing for the medium term.


153


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.72% 1.00% 0.60% 0.25% 0.30%

Class B 3.25% 0.60% 0.65% 0.25% 0.30%

Class C 2.97% 0.35% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Balanced Fund


154

Average return





How risky is it?


LowLow to


%




October 2005 $275,080,3766.77%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Balanced Growth Fund




Class A 3.90% $16.40 3,359,373

Class B 3.44% $17.42 8,658,364

Class C 3.18% $18.11 2,851,721

The Fund invests in the Portfolio Series Balanced Growth Fund. The underlying fund invests mostly in shares and bonds from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSignature Canadian Bond Fund 16.24Cambridge Canadian Equity Corporate Class 9.76Synergy Canadian Corporate Class 6.63Signature Emerging Markets Corporate Class 6.12CI First Asset Morningstar Canada Momentum Index ETF (WXM) 5.60Munro Global Growth Equity Fund 5.18Signature Select Canadian Fund 5.13CI American Managers Corporate Class 5.09CI Canadian Small/Mid Cap Fund 4.65Black Creek International Equity Fund 4.65Total 69.05


Canadian Equity 25.91International Equity 25.55US Equity 21.22Domestic Bonds 16.38Cash and Equivalents 5.01Other 3.65Income Trust Units 2.28

% Assets





This Fund may be suitable for contractholders if they:• want moderate long-term capital growth• are investing for the medium term.


155


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.90% 1.15% 0.60% 0.25% 0.30%

Class B 3.44% 0.75% 0.65% 0.25% 0.30%

Class C 3.18% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Balanced Growth Fund


156

Average return





How risky is it?


LowLow to


%




October 2005 $132,025,1538.09%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Conservative Balanced Fund




Class A 3.80% $16.07 2,041,795

Class B 3.34% $17.19 3,887,216

Class C 3.11% $17.63 1,397,013

The Fund invests in the Portfolio Series Conservative Balanced Fund. The underlying fund invests mostly in shares and bonds from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSignature Canadian Bond Fund 17.45CI Income Fund 6.91Cambridge Canadian Dividend Fund 6.16Synergy Canadian Corporate Class 5.58CI American Managers Corporate Class 5.11CI First Asset Morningstar Canada Momentum Index ETF (WXM) 4.76Signature Global Bond Fund 4.73Cambridge Canadian Equity Corporate Class 4.67Signature Emerging Markets Corporate Class 4.61Signature Corporate Bond Fund 4.51Total 64.49


Domestic Bonds 22.01Canadian Equity 21.19International Equity 20.16US Equity 14.06Foreign Bonds 11.94Cash and Equivalents 6.22Other 4.42

% Assets





This Fund may be suitable for contractholders if they:• want returns with lower than average volatility• are investing for the medium term.


157


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.80% 1.05% 0.50% 0.25% 0.30%

Class B 3.34% 0.65% 0.50% 0.25% 0.30%

Class C 3.11% 0.45% 0.50% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Conservative Balanced Fund


158

Average return





How risky is it?


LowLow to


%




October 2005 $131,822,01410.38%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Conservative Fund




Class A 3.70% $15.67 2,452,224

Class B 3.27% $16.89 4,125,152

Class C 3.08% $17.07 864,783

The Fund invests in the Portfolio Series Conservative Fund. The underlying fund invests mostly in shares and bonds from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSignature Canadian Bond Fund 19.51CI Income Fund 10.67Synergy Canadian Corporate Class 6.91Cambridge Canadian Dividend Fund 6.27Signature Corporate Bond Fund 5.54Signature Global Bond Fund 4.71CI American Managers Corporate Class 4.27CI First Asset MSCI Canada Quality Index Class ETF (FQC) 4.07Cambridge Bond Fund 3.95CI First Asset Morningstar Canada Momentum Index ETF (WXM) 3.80Total 69.70


Domestic Bonds 26.28Canadian Equity 18.34International Equity 16.47Foreign Bonds 14.43US Equity 12.25Cash and Equivalents 8.19Other 4.04

% Assets





This Fund may be suitable for contractholders if they:• want income and growth with lower than average volatility• are investing for the medium term.


159


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.70% 1.00% 0.50% 0.25% 0.30%

Class B 3.27% 0.60% 0.50% 0.25% 0.30%

Class C 3.08% 0.45% 0.50% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Conservative Fund


160

Average return





How risky is it?


LowLow to


%




October 2005 $61,687,8407.46%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Growth Fund




Class A 4.15% $16.05 725,990

Class B 3.64% $17.11 2,224,113

Class C 3.35% $17.94 616,055

The Fund invests in the Portfolio Series Growth Fund. The underlying fund invests mostly in shares from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCambridge Canadian Equity Corporate Class 11.69Signature Canadian Bond Fund 9.26Munro Global Growth Equity Fund 8.15Synergy Canadian Corporate Class 7.19Signature Emerging Markets Corporate Class 7.16CI First Asset MSCI Canada Quality Index Class ETF (FQC) 6.90CI First Asset Morningstar Canada Momentum Index ETF (WXM) 6.42CI American Managers Corporate Class 5.67Signature Select Canadian Fund 5.67Black Creek International Equity Fund 5.25Total 73.36


Canadian Equity 30.50International Equity 28.37US Equity 23.97Domestic Bonds 8.42Cash and Equivalents 5.48Income Trust Units 2.42Other 0.84

% Assets





This Fund may be suitable for contractholders if they:• want long-term capital growth• are investing for the medium and/or long term.


161


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.15% 1.40% 0.60% 0.25% 0.30%

Class B 3.64% 0.95% 0.65% 0.25% 0.30%

Class C 3.35% 0.65% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Growth Fund


162

Average return





How risky is it?


LowLow to


%




October 2005 $168,222,8669.50%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Income Fund




Class A 2.95% $17.34 1,905,352

Class B 2.84% $17.57 5,607,144

Class C 2.75% $17.86 1,418,026

The Fund invests in the Portfolio Series Income Fund. The underlying fund invests mostly in bonds and shares from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsSignature Canadian Bond Fund 14.91CI Income Fund 13.65CI Global High Dividend Advantage Fund 8.55Signature Corporate Bond Fund 6.53Signature Global Bond Fund 6.21Signature Global Dividend Corporate Class 5.28Cambridge Bond Fund 4.90CI Investment Grade Bond Fund 4.88Signature Dividend Corporate Class 4.86Cambridge Global Dividend Fund 4.75Total 74.52


Domestic Bonds 29.26Foreign Bonds 19.10US Equity 14.26Canadian Equity 12.76International Equity 12.15Cash and Equivalents 8.49Other 3.98

% Assets





This Fund may be suitable for contractholders if they:• want income with some potential for capital growth• are investing for the medium term.


163


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 2.95% 0.55% 0.35% 0.25% 0.30%

Class B 2.84% 0.45% 0.35% 0.25% 0.30%

Class C 2.75% 0.35% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Income Fund


164

Average return





How risky is it?


LowLow to


%




October 2005 $19,322,09610.91%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Maximum Growth Fund




Class A 4.29% $16.22 291,687

Class B 3.77% $17.32 402,887

Class C 3.43% $18.29 331,360

The Fund invests in the Portfolio Series Maximum Growth Fund. The underlying fund invests mostly in shares from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCambridge Canadian Equity Corporate Class 13.12Signature Emerging Markets Corporate Class 8.61Munro Global Growth Equity Fund 8.01Black Creek International Equity Fund 7.11CI First Asset Morningstar Canada Momentum Index ETF (WXM) 6.96CI American Managers Corporate Class 6.96Synergy Canadian Corporate Class 6.95CI First Asset MSCI Canada Quality Index Class ETF (FQC) 6.75Signature Select Canadian Fund 5.61CI Canadian Small/Mid Cap Fund 5.04Total 75.12


International Equity 32.27Canadian Equity 32.23US Equity 28.78Cash and Equivalents 3.81Income Trust Units 2.62Other 0.29

% Assets





This Fund may be suitable for contractholders if they:• want above-average long-term capital growth• are investing for the medium and/or long term.


165


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.29% 1.50% 0.85% 0.25% 0.30%

Class B 3.77% 1.05% 0.95% 0.25% 0.30%

Class C 3.43% 0.70% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Portfolio Series Maximum Growth Fund


166

Average return





How risky is it?


LowLow to


%




October 2005 $14,514,05315.22%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Premier CI Signature Global Income & Growth Fund




Class A 3.89% $15.96 197,819

Class B 3.40% $16.96 483,881

Class C 3.15% $17.42 163,985

The Fund invests in the Signature Global Income & Growth Fund. The underlying fund invests mostly in shares and bonds of firms from around the world.




% Assets









167


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 3.89% 1.15% 0.60% 0.25% 0.30%

Class B 3.40% 0.75% 0.65% 0.25% 0.30%

Class C 3.15% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite Premier CI Signature Global Income & Growth Fund


168

Average return





How risky is it?


LowLow to


%




September 2011 $11,273,05318.48%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite RBC Canadian Dividend Core Bundle




Class A 4.15% $14.97 141,419

Class B 3.64% $15.63 504,563

Class C 3.27% $16.14 78,540

The Fund invests in the RBC Canadian Dividend Fund and Phillips, Hager & North Bond Fund. The underlying funds are combined to hold about 70% in shares and 30% in bonds.

Top holdings and allocations as of December 31, 2019 % AssetsRBC Canadian Dividend Fund 76.40 Royal Bank of Canada Toronto-Dominion Bank Bank of Nova Scotia Brookfield Asset Management Inc Enbridge Inc Cash and Equivalents Canadian National Railway Co TC Energy Corp Bank of Montreal Manulife Financial CorpPhillips, Hager & North Bond Fund 23.09Cash and Equivalents 0.51Total 100.00


Canadian Equity 68.65Domestic Bonds 21.57Cash and Equivalents 5.16Income Trust Units 3.54US Equity 1.05Other 0.03

% Assets








169


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.15% 1.30% 0.60% 0.25% 0.30%

Class B 3.64% 0.85% 0.65% 0.25% 0.30%

Class C 3.27% 0.50% 0.70% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite RBC Canadian Dividend Core Bundle


170

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:RBC Global Asset Management Inc.

April 2007 $50,173,1065.52%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite RBC Canadian Dividend Fund




Class A 4.34% $14.04 758,231

Class B 3.80% $14.94 1,998,875

Class C 3.45% $15.65 616,944

The Fund invests in the RBC Canadian Dividend Fund. The underlying fund invests mostly in Canadian shares.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsRoyal Bank of Canada 7.80Toronto-Dominion Bank 7.07Bank of Nova Scotia 5.76Brookfield Asset Management Inc 4.87Enbridge Inc 4.61Cash and Equivalents 3.88Canadian National Railway Co 3.80TC Energy Corp 3.39Bank of Montreal 3.19Manulife Financial Corp 2.85Total 47.22


Canadian Equity 89.85Income Trust Units 4.64Cash and Equivalents 3.88US Equity 1.37Domestic Bonds 0.26

% Assets





This Fund may be suitable for contractholders if they:• want income with modest long-term growth• are investing for the long term.


171


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 4.34% 1.50% 0.85% 0.25% 0.30%

Class B 3.80% 1.05% 0.95% 0.25% 0.30%

Class C 3.45% 0.70% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite RBC Canadian Dividend Fund


172

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:RBC Global Asset Management Inc.

April 2007 $3,210,3184.57%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite RBC O'Shaughnessy International Equity Fund




Class A 5.03% $7.38 130,209

Class B 4.42% $7.94 216,992

Class C 3.91% $8.44 62,338

The Fund invests in the RBC O'Shaughnessy International Equity Fund. The underlying fund invests mostly in shares of firms from around the world.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsAstellas Pharma Inc 3.52Roche Holding AG 2.40Societe Generale 2.39BNP Paribas SA 2.27Rio Tinto PLC 2.26OMV AG 2.06Koninklijke Ahold Delhaize NV 2.05Peugeot SA 2.03NTT Docomo Inc 1.99Barclays PLC 1.93Total 22.90


International Equity 98.59Cash and Equivalents 1.10Income Trust Units 0.31

% Assets





This Fund may be suitable for contractholders if they:• want long-term growth with some current income• are investing for the long term.


173


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 5.03% 1.85% 0.85% 0.25% 0.30%

Class B 4.42% 1.35% 0.95% 0.25% 0.30%

Class C 3.91% 0.85% 1.00% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite RBC O'Shaughnessy International Equity Fund


174

Average return





How risky is it?


LowLow to


%



Total value on December 31, 2019:Portfolio turnover rate:TD Asset Management Inc.

April 2007 $86,502,2966.99%

Quick facts:

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite TD Canadian Bond Fund




Class A 2.74% $13.21 974,216

Class B 2.60% $13.42 4,088,303

Class C 2.49% $13.60 1,380,837

The Fund invests in the TD Canadian Bond Fund. The underlying fund invests mostly in Canadian bonds.

Top holdings and allocations of the Underlying Fund as of December 31, 2019 % AssetsCanada Government 2.75% 01-Dec-2048 4.00Ontario Province 2.90% 02-Dec-2046 2.33Canada Housing Trust No 1 2.65% 15-Dec-2028 1.68Cash and Equivalents 1.46British Columbia Province 4.30% 18-Jun-2042 1.35Ontario Province 3.45% 02-Jun-2045 1.35Ontario Province 4.65% 02-Jun-2041 1.24Ontario Province 4.70% 02-Jun-2037 1.22Canada Housing Trust No 1 2.10% 15-Sep-2029 1.20Canada Government 1.25 % 01-Dec-2047 1.19Total 17.02


Domestic Bonds 97.61Cash and Equivalents 1.46Foreign Bonds 0.93

% Assets





This Fund may be suitable for contractholders if they:• want a high-quality income investment• are investing for the short and/or medium term.


175


Sales charges




Fee What you pay



Other fees






•


•


•


•


•


•





Optional Riders

Class





the Units)


GWB)



Value)



Class A 2.74% 0.50% 0.35% 0.25% 0.30%

Class B 2.60% 0.40% 0.35% 0.25% 0.30%

Class C 2.49% 0.30% 0.35% 0.25% 0.30%

Sun Life Assurance Company of CanadaSunWise Elite Segregated FundsSunWise Elite TD Canadian Bond Fund


176

2

2

Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies, is the sole issuer of the individual variable annuity contract providing for investment in SunWise Elite segregated funds. A description of the key features of the applicable individual variable annuity contract is contained in the Information Folder. Any amount that is allocated to a segregated fund is invested at the risk of the contractholder and may increase or decrease in value. ®CI Investments, the CI Investments design, Synergy Mutual Funds, Cambridge and Harbour Funds are registered trademarks of CI Investments Inc. Portfolio Series and Signature Funds are trademarks of CI Investments Inc. ®SunWise is a registered trademark of Sun Life Assurance Company of Canada. ®Fidelity Investments and the Fidelity design are registered trademarks of FMR Corp. ®RBC Asset Management and Phillips, Hager & North are registered trademarks of Royal Bank of Canada, used under license. ™TD Asset Management is a trademark of The Toronto-Dominion Bank, used under license. FranklinTempleton Investments, Franklin Templeton Investments Quotential Program and/or Franklin Templeton Investments and design are registered trademarks of Franklin Templeton Investments Corp. Dynamic Funds™ is a division of Goodman & Company, Investment Counsel Ltd. ©CI Investments Inc., 2020

Sun Life Assurance Company of Canada€¦ · Sun Life Assurance Company of Canada SunWise Elite...

Documents

Transcript of Sun Life Assurance Company of Canada€¦ · Sun Life Assurance Company of Canada SunWise Elite...