OREANDA-NEWS. Sun Life Global Investments (Canada) Inc. is introducing an auto-enrolment feature for investors who qualify for the Private Client program. It will make it easier for advisors to administer accounts to this important market segment and provide eligible investors the opportunity to receive the lowest fees and best features available to them within Sun Life Global Investments.

"We're excited to be adding the auto-enrolment feature for our Private Client program and strengthening our client commitment," said Cindy Crean, Managing Director, Private Client, Sun Life Global Investments. "Eligible clients will automatically benefit from management fee reductions and other services for which they qualify."

Starting February 5, 2016, clients holding a minimum of $100,000, based on the market value, in series A, F, T5, T8, AT5, AT8 and AH mutual funds (purchased via front end sales charge option), in an eligible account, will automatically be enrolled in the Private Client program. Once within the program, investors will automatically receive management fee reductions based on the market value of their account and may be eligible for additional Private Client services and features, including specialized statements and account linking.

In connection with the launch of this new auto-enrolment feature, series E and series EF securities will no longer be offered for sale. Investors who currently hold series E and/or series EF securities will have their securities re-designated (or converted in the case of corporate class shares) as series A and series F securities, respectively on February 5, 2016.

"Our advisors have told us they are looking for solutions that help them reduce administration in their business while ensuring they are providing their clients with the best investment options and services," said Rick Headrick, President, Sun Life Global Investments. "Advisor feedback continues to be instrumental in the evolution of our business, leading to innovative features like auto-enrolment."

More details relating to the rules and restrictions for the auto-enrolment feature, applicable management fee reductions and other features of the Private Client program will be included in the applicable Sun Life Global Investments Mutual Funds simplified prospectus.

About Sun Life Global Investments (Canada) Inc.

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 $11 billion on behalf of institutional and retail investors from coast to coast and is a member of the Sun Life Financial group of companies.

About Sun Life Financial

Celebrating 150 years in 2015, Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth products and services to individuals and corporate customers. Sun Life Financial and its partners have operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda.

As of September 30, 2015, the Sun Life Financial group of companies had total assets under management of $846 billion.