Addition of the MFS Global REIT Fund to the Core investment platform
Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans. Sun Life Assurance Company of Canada purchases units of the fund listed below, which is established as a segregated fund in accordance with the Insurance Companies Act (Canada).
We’re pleased to announce the addition of the MFS Global REIT segregated fund (the Fund) to the Core investment platform as of May 1, 2025.
The Fund invests primarily in Real Estate Income Trusts (REITs) listed in developed markets globally. The Fund seeks current income and durable free cash flow growth. MFS views Real Estate as a hybrid asset class and as such considers equity, credit and commercial real estate perspectives.
The Fund has a long performance track record and is actively managed by an experienced investment team at MFS Investment Management (MFS). The investment team employs a bottom-up, fundamental approach combining both a defensive and value-oriented style. MFS leverages its multi-disciplined global research platform to identify reasonably valued, high quality, real estate companies that fit the investment philosophy. This allows the portfolio to be concentrated with 45-65 securities diversified across various market capitalization, geographies, property types and business models.
The addition of the Fund represents Sun Life’s commitment to offer plan sponsors and members with diverse investment options.
Summary of the Fund:
MFS Global REIT |
|
|---|---|
Inception Date |
April 2009 |
Investment Objective |
The portfolio seeks to achieve capital appreciation by outperforming its benchmark and to achieve a competitive ranking in relevant peer universes over full market cycles. |
Number of holdings |
45-65 |
Benchmark |
FTSE EPRA/NAREIT Developed (Net Dividends) |
About MFS Investment Management
Founded in 1924, MFS Investment Management (“MFS”) is a global investment manager with capabilities spanning equity, fixed income, and multi-asset strategies serving institutional and individual investors worldwide. Today, MFS manages over USD$500 billion in assets and serves investors in more than 75 countries. For nearly a century, MFS has aligned its active investment approach and how it serves clients with a sole purpose: to create long-term value responsibly.
Do you have to take any action?
You don’t need to take any action. You may consider whether the new fund would be a suitable addition to your lineup.
Questions?
Please contact your Sun Life Group Retirement Services representative*.
*In Quebec, registered as a Group annuity plans advisor.