The Sun Life Prosperity Dollar Advantage Fund is ideal for:
Sun Life Prosperity Dollar Advantage Fund reports:
The Sun Life Prosperity Dollar Advantage Fund invests your cash in foreign exchange-denominated stocks or bonds, enabling your dollars to go farther and stretch its possibilities.
The Sun Life Prosperity Dollar Advantage Fund is for you if:
- You have moderate appetite for risk and want returns in US Dollars, too.
- You do not see any immediate use for your US dollars and want to maximize its return over the medium-term.
The Board of Directors of the Sun Life Prosperity Dollar Advantage Fund, Inc. has approved the change of benchmark of the Fund from 60% MSCI ACWI + 35% JP Morgan Global Aggregate Bond Index (GABI) + 5% 30-day USD Deposit Rate to 60% MSCI ACWI + 35% Bloomberg Barclays Global Aggregate Total Return Index Value Unhedged USD (LEGATRUU Index) + 5% 30-day USD Deposit Rate effective 1 January 2018, given that the LEGATRUU Index offers the most advantages as a benchmark.
A benchmark must be transparent so that investors can use it with confidence for purposes such as performance evaluation, fund selection and asset allocation, and the LEGATRUU Index has the broadest coverage of the global fixed income market with the most number of covered securities. There shall be no changes to the investment objective of the Fund, and how it will be managed.