Company Sun Life Financial Inc.

Company Sun Life Financial Inc.

SLF

CA8667961053

Life & Health Insurance

Analysts' Consensus

Equities

SLF

CA8667961053

Life & Health Insurance

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Sun Life Financial Inc.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Life & Health Insurance

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Sun Life Financial Inc.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Life & Health Insurance

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-17 pm EDT			5-day change	1st Jan Change
69.16 ^CAD	-0.53%		-3.64%	+0.64%

Apr. 17	TSX Closer: Market Manages To Finish Up 13 Points After MIdday Plunge	MT
Apr. 17	National Bank on Federal Budget's Impact on Banks -- "No Big Surprises, Just More Clarity"	MT

Sun Life Financial Inc. is a Canada-based international financial services company, which offers asset management, wealth, insurance and health solutions to individual and institutional clients. Its segments include Canada, United States (U.S.), Asset Management, Asia, and Corporate. The Canada segment provides protection, health, asset management and wealth solutions. It also offers a premier health and wellness virtual care platform. The U.S. segment provides employee and government benefits in the United States. Its business units include group benefits, dental and in-force management. The Asset Management business group includes MFS and SLC Management. MFS is an asset manager offering a comprehensive selection of financial products and services. The Asia segment consists of two business units: Local Markets and International Hubs. It has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, India and others.

Number of employees: 30,941

CAD in Million	2022	Weight	2023	Weight	Delta
Canada 42.1 %	11,867	50.9 %	17,162	42.1 %	+44.62%
United States 33.1 %	6,300	27.0 %	13,500	33.1 %	+114.29%
Asset Management 15.1 %	5,757	24.7 %	6,140	15.1 %	+6.65%
Asia 9.9 %	752	3.2 %	4,032	9.9 %	+436.17%
Consolidation Adjustments -1.5 %	-406	-1.7 %	-598	-1.5 %	+47.29%
Corporate Support 1.3 %	-948	-4.1 %	538	1.3 %	-156.75%

CAD in Million	2022	Weight	2023	Weight	Delta
United States 46.7 %	11,534	49.5 %	19,030	46.7 %	+64.99%
Canada 43.0 %	12,127	52.0 %	17,546	43.0 %	+44.69%
Asia 9.9 %	752	3.2 %	4,032	9.9 %	+436.17%
Consolidation Adjustments -1.5 %	-406	-1.7 %	-598	-1.5 %	+47.29%
United Kingdom 1.3 %	-726	-3.1 %	521	1.3 %	-171.76%
Other Countries 0.6 %	41	0.2 %	243	0.6 %	+492.68%

Managers	Title	Age	Since
Kevin Strain CEO	Chief Executive Officer	57	17-05-28
Laura Money CTO	Chief Tech/Sci/R&D Officer	-	20-06-28
Kent Savage CMP	Compliance Officer	-	16-07-31
David Garg IRC	Investor Relations Contact	-	21-10-31
Emily Schur HRO	Human Resources Officer	-	-
Manjit Singh PRN	Corporate Officer/Principal	-	21-03-28
Yaniv Bitton PRN	Corporate Officer/Principal	-	16-09-30
Troy Krushel SEC	Corporate Secretary	-	15-07-31
Eric Monteiro PRN	Corporate Officer/Principal	-	-
Christopher Wei PRN	Corporate Officer/Principal	55	22-08-02

Members of the board	Title	Age	Since
Scott Powers CHM	Chairman	65	15-10-29
Joe Natale BRD	Director/Board Member	59	23-02-06
Barbara Stymiest BRD	Director/Board Member	67	12-05-09
Ashok Gupta BRD	Director/Board Member	69	18-05-08
Kevin Strain CEO	Chief Executive Officer	57	17-05-28
Hing Yuen Ho BRD	Director/Board Member	65	21-05-04
M. Marianne Harris BRD	Director/Board Member	66	13-11-30
Stephanie Coyles BRD	Director/Board Member	57	16-12-31
Marie-Lucie Morin BRD	Director/Board Member	66	21-12-30
Helen M. Hicks BRD	Director/Board Member	63	21-10-30

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	583,737,153	583,571,448 ( 99.97 %)	0	99.97 %
Stock B	0	52,200,000	0	0

Name	Equities	%	Valuation
Royal Trust Corp. of Canada 7.079 %	41,383,873	7.079 %	2 259 M $
Vanguard Fiduciary Trust Co. 3.914 %	22,882,882	3.914 %	1 249 M $
TD Waterhouse Private Investment Counsel, Inc. 2.680 %	15,665,551	2.680 %	855 M $
Mackenzie Financial Corp. 2.410 %	14,086,704	2.410 %	769 M $
Fidelity Investments Canada ULC 2.098 %	12,266,388	2.098 %	669 M $
BMO Bank NA (Investment Management) 1.958 %	11,446,307	1.958 %	625 M $
Beutel, Goodman & Co. Ltd. 1.694 %	9,901,262	1.694 %	540 M $
1832 Asset Management LP 1.664 %	9,725,626	1.664 %	531 M $
CIBC World Markets, Inc. 1.633 %	9,544,014	1.633 %	521 M $
THE BANK OF NOVA SCOTIA 1.376 %	8,041,990	1.376 %	439 M $

Name	Equities	%	Valuation
CWB Wealth Management Ltd. 0.2248 %	11,200	0.2248 %	134 344 $
Manulife Investment Management Ltd. 0.1606 %	8,000	0.1606 %	95 960 $
Slater Asset Management, Inc. 0.0634 %	3,160	0.0634 %	37 904 $

Name	Equities	%	Valuation
Franklin Bissett Investment Management 1.000 %	100,000	1.000 %	1 M $
Slater Asset Management, Inc. 0.9304 %	93,042	0.9304 %	1 M $
Advantaged Preferred Share Trust (Mutual Fund Manager) 0.4520 %	45,200	0.4520 %	630 947 $
Stone Asset Management Ltd. 0.0368 %	3,676	0.0368 %	51 313 $

Name	Equities	%	Valuation
Manulife Investment Management Ltd. 0.7500 %	90,000	0.7500 %	1 M $
Slater Asset Management, Inc. 0.6248 %	74,979	0.6248 %	1 M $
Mavrix Fund Management, Inc. 0.0333 %	4,000	0.0333 %	55 660 $

Name	Equities	%	Valuation
Manulife Investment Management Ltd. 1.645 %	164,450	1.645 %	2 M $
Slater Asset Management, Inc. 0.3460 %	34,595	0.3460 %	485 229 $
Wellington West Asset Management, Inc. 0.3185 %	31,850	0.3185 %	446 728 $

Name	Equities	%	Valuation
Slater Asset Management, Inc. 2.009 %	124,887	2.009 %	1 M $
Advantaged Preferred Share Trust (Mutual Fund Manager) 0.7206 %	44,800	0.7206 %	474 432 $
Manulife Investment Management Ltd. 0.1078 %	6,700	0.1078 %	70 953 $

Name	Equities	%	Valuation
Canso Investment Counsel Ltd. 37.28 %	432,900	37.28 %	6 M $

Name	Equities	%	Valuation
Canso Investment Counsel Ltd. -	238,534,000	-	192 M $
ATB Investment Management, Inc. -	128,832,000	-	104 M $
Russell Investments Canada Ltd. -	11,232,000	-	9 M $
Purpose Investments, Inc. -	5,000,000	-	4 M $
CWB Wealth Management Ltd. -	750,000	-	603 750 $
Portico Investment Management -	278,000	-	223 790 $
Liberty Wealth Advisors LLC -	218,000	-	175 490 $
Integra Capital Ltd. (Canada) -	145,000	-	116 725 $
I. G. Investment Management Ltd. -	66,000	-	53 130 $
Manulife Investment Management Ltd. -	13,000	-	10 465 $

Name	Equities	%	Valuation
Slater Asset Management, Inc. 1.105 %	75,577	1.105 %	1 M $
Advantaged Preferred Share Trust (Mutual Fund Manager) 0.5149 %	35,210	0.5149 %	484 208 $
Manulife Investment Management Ltd. 0.0731 %	5,000	0.0731 %	68 760 $

Name	Equities	%	Valuation
SPDR S&P 500 ETF TRUST 0.18%	1,813,548	0.18%	948,612,552 $
ADITYA BIRLA SUN LIFE AMC LIMITED 30.18%	86,938,641	30.18%	474,082,495 $
DILLARD'S, INC. 6.38%	780,553	6.38%	368,140,017 $
CLEAN HARBORS, INC. 2.36%	1,272,480	2.36%	256,162,949 $
DECKERS OUTDOOR CORPORATION 0.82%	211,260	0.82%	198,850,588 $
PTC INC. 0.53%	639,197	0.53%	120,769,881 $
AON PLC 0.16%	320,728	0.16%	107,033,348 $
L'ORÉAL 0.04%	973,000	0.04%	92,189,804 $
INSULET CORPORATION 0.74%	520,417	0.74%	89,199,474 $
CGI INC. 0.39%	799,800	0.39%	88,369,902 $

Sun Life Financial, Inc.

1 York Street 31st floor

M5J 0B6, Toronto

+416 979 9966

http://www.sunlife.com

Name	Category and Sector
Sun Life Capital Management (US) LLC Sun Life Capital Management (US) LLC Investment ManagersFinance Sun Life Capital Management (US) LLC (do-business-as SLC Management) is a SEC-registered investment adviser headquartered in Wellesley Hills, Massachusetts. Founded in 1997, the firm is a subsidiary of Sun Life Investment Management US, Inc., ultimately owned by Sun Life Financial, Inc. (Sun Life Financial) (NYSE, TSE: SLF) in Canada. SLC Management provides investment advisory services to a variety of affiliated and unaffiliated global institutional clients.	Investment Managers
Advisors Asset Management, Inc. Advisors Asset Management, Inc. Investment ManagersFinance Advisors Asset Management, Inc. (AAM) is a SEC-registered investment advisor headquartered in Monument, Colorado. The firm was founded in 1979 as Fixed Income Securities LP. In 2023, Sun Life Capital Management (US) LLC, a subsidiary of Sun Life Financial, Inc. (TSE: SLF) in Canada, acquired a 51 percent majority stake in the firm. AAM provides portfolio supervisory and evaluation services to AAM-sponsored unit investment trusts (UITs). They also offer separately managed account (SMA) advisory services to individuals, banking or thrift institutions, trusts, estates, broker-dealers, investment advisers, investment companies, corporations, pension or profit-sharing plans and charitable organizations.	Investment Managers
MFS International (UK) Ltd. MFS International (UK) Ltd. Investment ManagersFinance MFS International (UK) Ltd. (MFSI UK) is the Great Britain-based subsidiary of MFS International Holdings Pty Ltd., ultimately held by Sun Life Financial, Inc. (NYSE: SLF) in Canada. Founded in 1995, the firm is headquartered in London and provides a range of financial products and services, such as mutual fund management, to individual and institutional investors.	Investment Managers
Sun Life Financial Trust, Inc. Sun Life Financial Trust, Inc. Major BanksFinance Part of Sun Life Financial, Inc., Sun Life Financial Trust, Inc. is a Canadian company that provides banking services. The private company is based in Waterloo, Canada. Sun Life Financial Trust was acquired by B2B Bank from Sun Life Financial, Inc. on June 10, 2002.	Major Banks
Sun Life of Canada (Philippines), Inc. Sun Life of Canada (Philippines), Inc. Life/Health InsuranceFinance Sun Life of Canada (Philippines), Inc. provides insurance services. The firm’s products include life insurance, accidental insurance, pension plans, education plans and mutual funds. The company was founded in 1895 and is headquartered in Taguig City, Philippines.	Life/Health Insurance
Sun Life Asset Management Co., Inc. Sun Life Asset Management Co., Inc. Investment ManagersFinance Sun Life Asset Management Co., Inc. (SLAM) is the Philippines-based fund management arm and wholly-owned subsidiary of Sun Life of Canada (Philippines), which is in turn owned by Sun Life Financial (NYSE: SLF; MN: SLF) in Canada. Established in 2000, SLAM is located in Makati City and is the investment manager and principal distributor of the Sun Life Prosperity Funds, registered in the Philippines.	Investment Managers
Sun Life & Health Insurance Co. (U.S.) Sun Life & Health Insurance Co. (U.S.) Multi-Line InsuranceFinance Part of Sun Life Financial, Inc., Sun Life & Health Insurance Co. (U.S.) provides life and health insurance services. The private company is based in Wellesley Hills, MA.	Multi-Line Insurance
Sun Life Hong Kong Ltd. Sun Life Hong Kong Ltd. Financial ConglomeratesFinance Sun Life Hong Kong Ltd. provides wealth management products and services. Its products include life insurance and savings, critical illness insurance, disability insurance, female insurance, education, retirement and target savings. The firm also offers credit card, MPF, ORSO, group medical insurance and group life insurance services. The company was founded in 1892 and is headquartered in Hong Kong.	Financial Conglomerates
Sun Life Assurance Company of Canada (U.K.) Ltd. Sun Life Assurance Company of Canada (U.K.) Ltd. Life/Health InsuranceFinance Part of Phoenix Group Holdings Plc, Sun Life Assurance Company of Canada (U.K.) Ltd. provides life insurance services. The private company is based in Basingstoke, UK and was founded in 1969.	Life/Health Insurance
Sun Life Insurance (Canada) Ltd.
SLF of Canada UK Ltd. SLF of Canada UK Ltd. Insurance Brokers/ServicesFinance Part of Phoenix Group Holdings Plc, SLF of Canada UK Ltd. is a financial company based in Basingstoke, UK. SLF of Canada was acquired by Phoenix Group Holdings Plc from Sun Life Financial, Inc. on April 03, 2023 for $300.45 million. The British company's website serves both customers and financial advisers. The private company was founded in 2008.	Insurance Brokers/Services
Sun Life Investments LLC
Citibank NA (Canadian Branch) Citibank NA (Canadian Branch) Regional BanksFinance Part of Sun Life Financial, Inc., Citibank NA (Canadian Branch) provides banking services. The private company is based in Toronto, Canada.	Regional Banks
Sun Life Assurance Co. of Canada (UK) Limited SunCap Variable Sun Life Assurance Co. of Canada (UK) Limited SunCap Variable Investment Trusts/Mutual FundsMiscellaneous Part of Phoenix Group Holdings Plc, Sun Life Assurance Co. of Canada (UK) Limited SunCap Variable is a Unit Investment Trust. The private company is based in Basingstoke, UK.	Investment Trusts/Mutual Funds
Sun Life Long Term Private Fixed Income Plus Fund	Investment Trusts/Mutual Funds
Sun Life of Canada (Netherlands) BV Sun Life of Canada (Netherlands) BV Financial ConglomeratesFinance Part of Sun Life Financial, Inc., Sun Life of Canada (Netherlands) BV is a financial holding Dutch company. The private company is based in Amsterdam, Netherlands.	Financial Conglomerates
Sun Life (Luxembourg) Finance No. 2 SARL
Sun Life Insitutional Investments (Canada), Inc. Sun Life Insitutional Investments (Canada), Inc. Investment ManagersFinance Sun Life Insitutional Investments (Canada), Inc. provides investment solutions for defined benefit pension plans, insurance companies and other institutional investors. It offers both pooled funds and separately managed account solutions to institutional clients in Canada. The company is headquartered in Toronto, Canada.	Investment Managers
Sun Life Asset Management (HK) Ltd. Sun Life Asset Management (HK) Ltd. Investment ManagersFinance Part of Sun Life Financial, Inc., Sun Life Asset Management (HK) Ltd. is a Chinese company that provides investment advice. The private company is based in Hong Kong, Hong Kong. Stanley Ngan has been the CEO of the company since 2014.	Investment Managers
Sun Life India Service Centre Pvt Ltd. Sun Life India Service Centre Pvt Ltd. Multi-Line InsuranceFinance Part of Sun Life Financial, Inc., Sun Life India Service Centre Pvt Ltd. is an Indian company that provides life and vehicle insurance services. The private company is based in Gurugram, India.	Multi-Line Insurance
SLC Management U.S. Private Credit GP LLC
Sun Life Financial (India) Insurance Investments, Inc.
Sun Life Investment Management & Trust Corp.
Sun Life Prosperity World Voyager Fund, Inc.	Investment Trusts/Mutual Funds
Sun Life Global Investments, Inc. Sun Life Global Investments, Inc. Investment ManagersFinance Sun Life Global Investments, Inc. provides investment advisory services. The firm’s investment products include product listing, sun life granite managed solutions, sun life milestone funds, diversified income funds, equity funds, asset allocation and balanced funds, fixed income funds, corporate class, private client, absolute return funds and other investment solutions. The company is headquartered in Toronto, Canada.	Investment Managers
Sun Life Financial (U.S.) Reinsurance Co.
The Sun Life Assurance Canada 1988 UK & Irish Emp Benefits	Investment Managers

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

69.53 CAD

Average target price

75.62 CAD

Spread / Average Target

+8.75%

Consensus

Estimates Revisions

Company calendar

	1st Jan change	Capi.
SUN LIFE FINANCIAL INC.	+0.64%	29.3B
AXA	+13.46%	77.68B
METLIFE, INC.	+4.22%	49.84B
AFLAC INCORPORATED	-2.72%	46.28B
MANULIFE FINANCIAL CORPORATION	+7.38%	41B
PRUDENTIAL FINANCIAL, INC.	+3.51%	38.67B
GENERALI	+17.61%	37.67B
GREAT-WEST LIFECO INC.	-8.64%	27.22B
PRUDENTIAL PLC	-21.98%	23.42B
CATHAY FINANCIAL HOLDING CO., LTD.	+4.70%	21.57B

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Other Life & Health Insurance