Sun Life Short Term Private Fixed Income Plus Fund

The Sun Life Short Term Private Fixed Income Plus Fund is managed and distributed by Sun Life Institutional Investments (Canada) Inc.

The investments are sourced and managed by the same teams of experienced professionals that are responsible for the public bond, private fixed income and commercial mortgage portfolios in Sun Life Assurance Company of Canada’s insurance General Account. 

Investment Objective1
The Fund seeks to achieve total return by providing income while preserving capital, by investing primarily in a diverse portfolio of short-term private and public fixed income and floating rate assets.
Investment strategy

To achieve the investment objective, the Fund is expected to seek to provide total returns by taking advantage of pricing inefficiencies often found in private markets.

Private asset types that we intend to actively pursue include:

  • Private securitization: Structured through the securitization of lease/loan obligations purchased from small- and medium-sized leasing companies. They typically provide access to short-term fixed rate cash flows and are secured by well-diversified pools of assets such as transportation assets, manufacturing equipment, healthcare equipment, auto and home improvement assets and are further improved by meaningful levels of credit enhancement in the form of cash reserves.
  • Private debt: Focus on private senior secured or unsecured loans to larger borrowers with revenues generally in excess of $500 million. These borrowers often are of higher credit quality, and a significant number have a large geographic footprint or global operations. These asset types also include credit tenant lease financing as well as mortgage bonds.
  • Mid-market debt: Focus on lending to mid-market companies with revenues of less than $500 million that tend to have limited access to public capital markets. Transactions provide access to diverse fixed and floating rate private investment opportunities across North America and select developed markets overseas, with borrowers who may not have the experience, scale or public structure required to access other financing sources such as the public bond markets.
  • Commercial mortgages: Focus on fixed-rate first mortgage loans secured by high quality income-producing office, retail, industrial and multifamily rental properties located in Canadian urban markets.

The Fund will consider private investment opportunities from a diverse range of developed markets, including but not limited to Canada, the United States, the United Kingdom, Continental Europe and Australia. Through this global origination platform we have access to broad, ongoing deal flow and are able to source diversified, high quality investments for our portfolio.

For more information please Contact us.

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There is no guarantee that the Sun Life Short Term Private Fixed Income Plus Fund will achieve the returns nor will be able to source the assets as stated in the investment objective and strategy above.  This communication is not an invitation to make an investment in the Fund or a public offering to sell units of the Fund.  Subscriptions for units of the Fund will only be considered on the terms of the offering memorandum of the Fund, which is available to qualified investors.

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