Sun Life Expands Portfolio Capabilities

Sun Life has added three diversified fund family portfolios to further boost adviser choice when determining the best option for clients.
The newest offerings include:
  • Franklin Templeton VIP Founding Funds Allocation
  • AllianceBernstein VPS Balanced Wealth Strategy Portfolio and
  • Van Kampen UIF Equity & Income Portfolio.
With these additions, Sun Life now offers a total of nine fund family portfolios, according to a press release. Like the 90/10 Master Model, these fund family portfolios are available with all of the Masters variable annuities and all optional living benefits, including Income ON Demand.
For advisers who wish to customize their clients’ portfolios, Sun Life (U.S.) now offers additional fund selections. According to a press release, advisers can choose from 56 investment options across 15 leading fund families to help them diversify their clients’ assets. This allocation strategy now includes options from four new fund managers:
  • AllianceBernstein,
  • Goldman Sachs,
  • Lazard and
  • Wellington Management
With the addition of these money managers, advisers can now choose from a wider array of asset classes, investments styles, and market capitalizations when customizing their clients’ portfolios, according to Sun Life.