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Sun Life Granite Income Portfolio Series A

Tactical Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(04-18-2024)
$7.88
Change
$0.00 (-0.06%)

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Sun Life Granite Income Portfolio Series A

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Fund Returns

Inception Return (January 16, 2013): 3.26%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.64% 2.48% 9.74% 2.48% 4.69% -0.39% 0.46% 4.20% 1.95% 2.26% 2.10% 2.58% 1.93% 2.76%
Benchmark 1.80% 5.77% 13.57% 5.77% 12.38% 6.05% 3.87% 6.63% 5.64% 5.56% 5.88% 6.44% 5.97% 7.01%
Category Average 1.99% 11.45% 11.45% 4.38% 9.40% 2.80% 3.17% 7.29% 4.50% 4.05% 3.79% 4.45% 3.50% 3.87%
Category Rank 253 / 358 253 / 358 240 / 358 253 / 358 296 / 356 323 / 356 310 / 342 290 / 334 275 / 317 260 / 299 240 / 274 216 / 242 157 / 179 113 / 129
Quartile Ranking 3 3 3 3 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.23% -2.41% 0.52% 0.40% -0.86% -3.48% -1.19% 5.37% 2.85% -0.27% 1.09% 1.64%
Benchmark 1.29% -1.31% 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80%

Best Monthly Return Since Inception

5.37% (November 2023)

Worst Monthly Return Since Inception

-10.30% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 10.21% 0.85% 3.78% 5.69% -3.96% 11.93% 2.87% 7.36% -11.92% 4.84%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 6.78% 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35%
Quartile Ranking 2 3 3 3 3 3 3 4 4 4
Category Rank 39/ 126 120/ 166 151/ 210 159/ 274 180/ 296 202/ 312 225/ 332 261/ 336 280/ 355 302/ 356

Best Calendar Return (Last 10 years)

11.93% (2019)

Worst Calendar Return (Last 10 years)

-11.92% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 15.16
Canadian Bonds - Funds 13.98
Canadian Government Bonds 11.52
Canadian Equity 11.23
International Equity 10.62
Other 37.49

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 55.91
Mutual Fund 10.36
Cash and Cash Equivalent 6.61
Real Estate 4.49
Technology 4.01
Other 18.62

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.71
Multi-National 8.94
Europe 7.31
Asia 3.52
Latin America 0.36
Other 0.16

Top Holdings

Top Holdings
Name Percent
Sun Life MFS Canadian Bond Fund Series I 17.23
iShares Core US Aggregate Bond ETF (AGG) 11.18
Dynamic Equity Income Fund Series O 10.34
Sun Life Real Assets Private Pool Fund Series I 9.00
RBC Emerging Markets Bond Fund Series O 8.94
Sun Life KBI Global Dividend Private Pool Series A 8.91
Sun Life Risk Managed U.S. Equity Fund 8.35
SSPF1 SLC Mgmt ST Priv Fix Inc Pl Fd 6.34
RBC High Yield Bond Fund Series O 5.42
Sun Life MFS Low Volatility International Eq Fd I 3.46

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Sun Life Granite Income Portfolio Series A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 9.04% 9.35% 7.39%
Beta 0.92% 1.02% 0.77%
Alpha -0.03% -0.04% -0.02%
Rsquared 0.85% 0.78% 0.64%
Sharpe -0.19% 0.05% 0.22%
Sortino -0.32% -0.09% 0.00%
Treynor -0.02% 0.00% 0.02%
Tax Efficiency - 0.72% 30.54%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.16% 9.04% 9.35% 7.39%
Beta 1.01% 0.92% 1.02% 0.77%
Alpha -0.07% -0.03% -0.04% -0.02%
Rsquared 0.86% 0.85% 0.78% 0.64%
Sharpe 0.02% -0.19% 0.05% 0.22%
Sortino 0.38% -0.32% -0.09% 0.00%
Treynor 0.00% -0.02% 0.00% 0.02%
Tax Efficiency 60.68% - 0.72% 30.54%

Fund Details

Start Date January 16, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Capped
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
SUN175
SUN275
SUN375

Investment Objectives

The Fund’s investment objective is to seek to generate a consistent level of income by investing primarily in a mix of income- focused fixed income and equity mutual funds (including exchange-traded funds).

Investment Strategy

The Fund seeks to achieve its investment objective through exposure to income generating securities, including dividend paying equity securities of issuers located around the world, REITs, and Canadian and global debt instruments. Such debt instruments may include high yield debt, investment grade corporate debt, government debt and emerging market debt.

Portfolio Manager(s)

Name Start Date
Chhad Aul 05-29-2015
Ali Somani 10-01-2021

Management and Organization

Fund Manager SLGI Asset Management Inc.
Advisor SLGI Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar International Financial Data Services (Canada) Ltd
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.88%
Management Fee 1.45%
Load Choice of Front or Back
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) 0.38%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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