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Sun Life Global Investments announces approval of fund merger

By The IJ Staff | October 10 2017 09:45AM

Sun Life Global Investments announced Oct. 6 that the proposed merger of Sun Life Sentry Conservative Balanced Fund into Sun Life Granite Income Portfolio was approved. The merger will take place on or around Oct. 27.

Sun Life Sentry Conservative Balanced Fund securities are no longer available for purchase, other than purchase plans made under pre-authorized purchase plans existing prior to Oct. 6. The pre-authorized purchase will automatically be transferred to the Sun Life Granite Income Portfolio.

Unitholders of the Sun Life Sentry Conservative Balanced Fund can redeem or switch securities until Oct. 26. Unitholders of the Sun Life Sentry Conservative Balanced Fund will receive the equivalent series of units in the Sun Life Granite Income Portfolio on or about Oct. 27.

 

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