Fixed income funds
Fixed income funds normally invest in bonds and other debt securities and have some potential for growth while providing a regular level of income. There are a wide variety of fixed income funds available that can focus on specific geographic regions, credit quality, term to maturity or fixed income securities.
Money market funds invest in short term debt securities such as treasury bills and other money market investments that have a term to maturity of less than one year. This type of fund normally strives to maintain a constant unit value and can provide regular monthly distributions. Investors who have a short time horizon and low risk tolerance often use money market funds.
Canadian fixed income funds
Canadian money market funds
Global fixed income funds
Effective May 2, 2016, the Sun Life Beutel Goodman Canadian Bond Fund moved to a multi-strategy approach, was renamed Sun Life Multi-Strategy Bond Fund, and Beutel Goodman and Company Ltd. was removed as sub-advisor. The Fund's assets will be allocated amongst four underlying managers: BlackRock Asset Management; Connor, Clark & Lunn Investment Management Ltd. (as sub-advisor), Franklin Templeton Investments and Phillips, Hager & North Investment Management.