Sun Life Prosperity Achiever Fund will be available on January 2019!
Sun Life Prosperity Achiever fund is the answer for clients who wanted to get their investment on their desired date. It is now made possible through Sun Life Asset Management Company, Inc. (SLAMCI), a subsidiary of Sun Life Financial.
Sun Life Prosperity Achiever fund is first of its kind and said to be a breakthrough in the industry. Achiever fund sets target- date mutual funds, which will grow in assets over time. It functions as a basic investment solution to finance your life goals. Upon the approval of Securities and Exchange Commission, it will officially be launched in January 2019.
“With three options available – Achiever Fund 2028, Achiever Fund 2038, and Achiever Fund 2048, the Prosperity Achiever Fund 2028 is suitable for investors with a 10-year investment horizon and may be looking to enjoy proceeds through purchase of a car or set-up of a small business,” according to Maria Charina Fuentes, Sun Life Asset Management Strategic Development Head.
“Moreover, investors will no longer need to manually rebalance their portfolios themselves, because SLAMCI’s professional fund managers will adjust the asset allocations on their behalf,” she added.
SLAMCl’s professional fund managers will systematically move the assets of the funds to fixed income securities. These funds are invested in equities or stocks, which can potentially generate high returns. As the target date of each one approaches, The funds become less aggressive as their respective target dates near, ensuring that the investor will be able to preserve both the capital and the accumulated potential gains from the investment, and achieve his goals on time.
The Prosperity Achiever fund 2038 is perfect for investors who are in their 30’s and 40’s, it is where they prepare to buy their own house and planning to start their child’s education. This 20- year investment frame is really beneficial for them.
“Pursuing our financial goals is easier if we attach a target date to it. This helps us be more focused in our financial journey,” SLAMCI President Valerie Pama said.
Meanwhile, The Prosperity Achiever Fund 2048 is fits for clients with a 30- year time frame. It can specifically help people who wanted a good retirement benefits or a significant purchase that you’ve been dreaming off your whole life.
The Prosperity Achiever fund is easily available in numerous distribution channels and can be paid in different methods of your convenience. Expect low minimum investment amount to encourage more people to invest. For more information visit sunlifefunds.com, or call 849-9888.
