CC&L Group Canadian Equity and CC&L Group Q Growth Canadian Equity Segregated Funds – manager closure for new clients

Action is required for sponsors who are currently reviewing their Canadian equity funds and wish to add or transfer assets into the CC&L Canadian Equity Funds.

On February 24, 2026, Connor, Clark & Lunn Investment Management Ltd. (“CC&L”) announced that it will close its Quantitative (“Q”) Canadian Equity strategies to new clients. CC&L manages capacity across all of their strategies to ensure they can meet current clients’ investment objectives. At this time, the remaining capacity in their Q Canadian equity strategies is very limited.

The decision impacts both the CC&L Group Q Growth Canadian Equity Fund and the CC&L Group Canadian Equity Fund (“the Funds”). The CC&L Group Canadian Equity Fund is closing due to capacity limits in the underlying Q fund, which has reached full capacity.

As a result of CC&L’s decision, Sun Life is no longer able to offer the Funds to plan sponsors who don’t already have them in their line-ups. 

Action is required

If you plan to add either of the Funds to your plan(s) or transfer assets from a different fund into either of the two Funds:

• Please inform Sun Life of your intention and the size of assets to be transferred (if applicable) by April 30, 2026.
• You can add the Funds to your plan(s) or transfer assets into the Funds until June 30, 2026. 

After June 30, 2026, CC&L is not able to accept new client additions or asset transfers into the Funds.