SLGI Asset Management Inc. has announced the closure of certain mutual fund series, referred to as the "Terminating Series." This decision aims to streamline offerings for retail investors. Effective immediately, these series will not be available for purchases or switches by new or existing investors, including those using pre-authorized chequing plans.
The termination of these series will take effect at the close of business on May 2, 2025. Any remaining investors in the Terminating Series by this date will have their investments redeemed by SLGI Asset Management. However, Series I of each fund will remain open for eligible purchasers.
SLGI Asset Management Inc., a subsidiary of Sun Life Financial Inc., provides Canadians with a variety of mutual funds and portfolio solutions. The company manages $40.95 billion in assets as of December 31, 2024, serving both institutional and retail investors across Canada.
Sun Life Financial Inc., the parent company of SLGI Asset Management, is an international financial services organization offering asset management, wealth, insurance, and health solutions worldwide. As of December 31, 2024, Sun Life had total assets under management amounting to $1.54 trillion.
For more information about SLGI Asset Management Inc., visit www.sunlifeglobalinvestments.com. Additional details about Sun Life can be found at www.sunlife.com. Sun Life Financial Inc.'s shares are traded on multiple stock exchanges under the ticker symbol SLF.