OREANDA-NEWS. July 27, 2015. Sun Life Global Investments (Canada) Inc. announced that effective July 29, 2015, it will implement management fee reductions for several series of Sun Life Dynamic Equity Income Fund and Sun Life Dynamic Equity Income Class.

The management fees for Series F and O of Sun Life Dynamic Equity Income Fund and Sun Life Dynamic Equity Income Class will be reduced from 0.85 per cent to 0.75 per cent.

Series F units are available to investors who have a fee-based account with their dealer. Series O units are available within the Private Client program to investors who meet the minimum requirements. For a full list of investment requirements, please read the simplified prospectus or visit www.sunlifeglobalinvestments.com.

Also effective July 29, 2015, the investment strategy of Sun Life MFS Canadian Bond Fund will be changed to permit the Fund to invest at least 70% of the Fund's assets in debt instruments rated BBB and above, rather than limiting the investments to debt instruments rated above BBB. This change will provide MFS Investment Management Canada Limited, the sub-advisor of the fund, more opportunity to take advantage of their deep credit analysis.

The investment strategy of the Sun Life Dynamic Strategic Yield Fund will be changed on or before September 30, 2015. The fund will no longer achieve its investment objectives by investing all of its assets in units of Dynamic Strategic Yield Fund and instead will invest directly in a diversified portfolio of fixed income and income-oriented equity securities. Sun Life Dynamic Strategic Yield Class will continue to achieve its investment objectives by investing in units of Sun Life Dynamic Strategic Yield Fund. The change to the Sun Life Dynamic Strategic Yield Fund may result in a special distribution to investors.

In addition, Sun Life Global Investments announced a change to the name of its flagship product suite, effective July 29, 2015. Sun Life Granite Managed Portfolios now include the word "Granite" in each individual portfolio name, making it easier for advisors and investors to recognize the signature line-up. The updated names are in the chart below:

Sun Life Granite Managed Portfolios

Sun Life Granite Managed Income Portfolios

Sun Life Granite Conservative Portfolio

Sun Life Granite Conservative Class

Sun Life Granite Moderate Portfolio

Sun Life Granite Moderate Class

Sun Life Granite Balanced Portfolio

Sun Life Granite Balanced Class

Sun Life Granite Balanced Growth Portfolio

Sun Life Granite Balanced Growth Class

Sun Life Granite Growth Portfolio

Sun Life Granite Growth Class

Sun Life Granite Income Portfolio

Sun Life Granite Enhanced Income Portfolio

Sun Life Global Investments has \\$10.9 billion in client assets under management, as of June 30, 2015.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

About Sun Life Global Investments
Sun Life Global Investments offers Canadians a diverse line-up of mutual funds and innovative portfolio solutions, empowering them to pursue their financial goals at every life stage. We bring together the strength of one of Canada's most trusted names in financial services with some of the best asset managers from around the world to deliver a truly global investment platform. Sun Life Global Investments manages more than \\$10 billion on behalf of institutional and retail investors from coast to coast and is a member of the Sun Life Financial group of companies. For more information, visit www.sunlifeglobalinvestments.com or connect with us on Twitter @SLGI_Canada.