Sun Life Global Investments has announced a partnership with Picton Mahoney Asset Management (PICTON Investments) to launch two new segregated funds: the Sun PICTON Income Fund and the Sun PICTON Balanced Fund. This is the first time that PICTON Investments’ funds will be available as underlying investments in segregated funds, representing a new development in the Canadian investment sector.
Alongside these new offerings, Sun Life Global Investments is introducing six index-tracking ETF segregated funds designed to provide cost-effective investment options with competitive Management Expense Ratios. The company is also adding two segregated funds that invest in the PIMCO Monthly Income Fund and the Sun Life MFS Global Core Plus Bond Fund, both recognized globally for their fixed income strategies.
"Expanding our lineup with new segregated fund solutions gives Canadians more ways to grow their savings while benefiting from certain protections," said Oricia Smith, President, SLGI Asset Management Inc. and Senior Vice-President, Investment Solutions at Sun Life Canada. "Through our collaboration with PICTON Investments, a leading Canadian investment firm, Canadians gain access to resilient strategies that can adapt to changing market conditions."
The newly launched segregated funds aim to offer strategies that can perform in various market environments while providing some insurance benefits to help protect savings and support long-term growth. The collaboration with PICTON Investments and other asset managers such as PIMCO is intended to give advisors a wider range of tools for building diversified portfolios.
"Our mission is simple but powerful: to bring greater certainty to investors. By combining our depth of alternatives expertise with Sun Life's scale and trusted relationships, we can provide Canadian investors with resilient portfolios that thrive in any market, transforming the way Canadians invest beyond traditional approaches," said David Picton, President & CEO, PICTON Investments.
Sun Life Global Investments says it remains committed to supporting advisors by offering diverse products aimed at increasing flexibility and choice for Canadians planning for retirement or estate needs. The company highlights its broad suite of solutions, which include investment strategies offering estate planning benefits, potential creditor protection, and certain guarantees.
Sun Life Global Investments operates under SLGI Asset Management Inc., Sun Life Assurance Company of Canada, and Sun Life Financial Trust Inc., all part of the Sun Life group of companies. As of June 30, 2025, Sun Life reported total assets under management of $1.54 trillion. More information about their products and services can be found at www.sunlifeglobalinvestments.com and sunlife.com.