Client Guide. managed by CI Investments Inc. issued by Sun Life Assurance Company of Canada

Transcription

1 Client Guide managed by CI Investments Inc. issued by Sun Life Assurance Company of Canada

2 World-class portfolio management and a broad choice of investments Together, CI Private Investment Management and SunWise Essential Series feature an impressive lineup of award-winning portfolio managers, selected for their proven success, the value they add and the diversity they bring to the program. With access to some of the best money management available to Canadian investors, you are able to construct a complete portfolio that accurately reflects your financial objectives and tolerance for risk. The broad range of portfolio options allows you to pursue investment opportunities that are diversified not only across asset classes such as equities, bonds and real estate, but also by country, market capitalization, industry sector and investment style. In addition to a choice of individual mandates, you also have access to portfolio solutions that include Bundles and Portfolio Series. Leading portfolio managers: All mandates are monitored and evaluated to ensure their strategic focus and consistent performance by CI Investment Consulting, CI s in-house investment management group.

3 Effective wealth management, today and for future generations CI Private Investment Management now offers the compelling benefits of principal, income and estate protection through the SunWise Essential Series product. Managing your wealth effectively means more than simply pulling a product off the shelf you need a tailor-made solution that can address your unique circumstances. CI Private Investment Management provides the essential elements to create the ideal investment portfolio that reflects your individual financial goals and priorities, today and in the future. The key elements of CI Private Investment Management ( PIM ) include: y World-class portfolio management and a broad choice of investments y Principal, income and estate protection y Simplified, comprehensive reporting y Preferred pricing.

4 CI Private Investment Management and SunWise Essential Series benefits for affluent investors World-class investment options PIM provides access to award-winning portfolio management and a wide range of investment mandates, styles, and asset classes. The program s flexible structure supports your choice to create a diversified portfolio from individual mandates, follow a suggested model or purchase a fully managed portfolio solution overseen by CI s in-house investment experts. Principal, income and estate protection SunWise Essential Series allows PIM investors to combine their investments with the income protection and estate planning benefits of an insurance contract. The product mitigates portfolio risks and offers guaranteed income for life when you purchase Income Class Units, while giving you full control over your accounts and access to your savings at any time, subject to fees and minimums. Please see the next page for more information about the guarantees. Simplified, comprehensive reporting Client and family accounts can be linked to create a clear household financial picture, rationalize fees and maximize tax efficiency across multiple account types. Consolidated accounts are supported by value-added features including managed solutions, enhanced reporting, and portfolio rebalancing. Preferred pricing PIM clients benefit from a preferred pricing structure, management fee reductions as account balances reach certain thresholds and the potential for tax-deductibility of fees for their non-registered assets. PIM is available for a minimum investment of $100,000, with additional reductions and household linking of accounts available starting at $250,000. PIM units in products other than SunWise Essential Series may be included in reaching these thresholds.

5 Principal, income and estate protection Three classes for investors to meet different needs PIM SunWise Essential Series is available in three classes Income Class, Investment Class and Estate Class each with its own and different guarantee benefits. All are available under one contract, providing clients with the flexibility to hold more than one class of units and effortlessly move from one class to another as their needs change. SunWise Essential Series Income Class is for clients age 50-plus who are at retirement or in their pre-retirement years. It provides a guaranteed, predictable, tax-efficient annual income beginning at age 65, of at least 5% of their deposits for life (4.5% for joint annuitants), regardless of market performance. It also offers an annual 5% income bonus available for the year of purchase and the next 15 years.* SunWise Essential Series Investment Class is for clients under the age of 50 who are continuing to build their wealth and want to see their investments grow. Clients can maximize their exposure to the growth potential of the markets with 100% equity investments in their accounts. SunWise Essential Series Estate Class is for investors at any age who want to ensure maximum estate value for their beneficiaries, with minimal estate settlement costs and delays. It offers principal guarantees to protect your clients investments 100% at death and 75% at contract maturity. Automatic resets every three years can increase the value of the death benefit guarantee. * Subject to legislated minimums and maximums and certain conditions. Exceeding the LWA withdrawal rate will have a negative impact on future payments. For One-Life Income Stream, a guaranteed income for life or Guaranteed Life Withdrawal Benefit (GLWB) of 5.0% (LWA Rate) is available at January 1 of the year the Annuitant turns 65 or 4% (LWA Rate) at January 1 of the year the Annuitant turns 55. For Two-Life Income Stream, a GLWB of 4.5% (LWA Rate) is available at January 1 of the year the younger spouse turns 65 or 3.5% (LWA Rate) at January 1 of the year the younger spouse turns 55. Payments can continue until the death of the Annuitant (or the Annuitant and Second Life for Two-Life Income) or termination of the contract.

6 For more information about the innovative features and benefits of SunWise Essential Series, please visit Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies, is the sole issuer of the individual variable annuity contract providing for investment in SunWise Essential Series segregated funds. A description of the key features of the applicable individual variable annuity contract is contained in the Information Folder. Any amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value. To the extent of any inconsistencies between this guide and the January 2012 SunWise Essential Series Information Folder and Individual Variable Annuity Contract, the terms of the Information Folder and Contract prevail. For full product details and disclosure, refer to the Information Folder and Contract. CI Investments, the CI Investments design, Synergy Mutual Funds, Harbour Advisors, Harbour Funds, Cambridge Advisors and Signature Global Advisors are registered trademarks of CI Investments Inc. Portfolio Series and Signature Funds are trademarks of CI Investments Inc. SunWise is a registered trademark of Sun Life Assurance Company of Canada. Sun Life Assurance Company of Canada 227 King Street South P.O. Box 1601 STN Waterloo Waterloo, Ontario N2J 4C5 2 Queen Street East, Twentieth Floor, Toronto, Ontario M5C 3G7 I Head Office / Toronto Calgary Montreal Vancouver Client Services English: French: _E (12/11)