Fiera U.S. Equity and International Equity Funds No Longer Marketed

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 funds listed below, which are established as segregated funds in accordance with the Insurance Companies Act (Canada).

Sun Life Group Retirement Services (GRS) regularly reviews the Core investment platform in response to Client interest and evolving fund offerings in the market.

Effective immediately, Sun Life will no longer market the Fiera U.S. Equity Segregated Fund and Fiera International Segregated Fund (the Funds) as part of the Core investment platform. We’ll continue to conduct governance activities on the Funds and members’ contributions may continue. Note that we stopped marketing the Fiera Global Equity Segregated Fund in March 2021 due to capacity constraints.

We are no longer marketing the Funds because the same strategies are now offered on the Core investment platform directly from PineStone. PineStone is the sub-advisor for the Funds. More information on the addition of the PineStone funds to the platform can be viewed here.

How will this impact plans that currently offer the Funds?

This change does not affect plans that currently offer the Funds. We will continue to conduct governance activities on the Funds for the foreseeable future. Contributions from existing plans can continue.