Effective March 31, 2017, Sun Life Global Investments will reduce the management fee of the Sun Life Milestone 2020 Fund to 1%, a reduction of 30 basis points.

Read: Sun Life reports 14% increase in wealth sales

Sun Life’s Milestone series of funds reduces fees as the funds become more conservative.

The trailing commissions for the fund remain unchanged as set out in the fund’s current prospectus.

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