Sun Life Financial Becomes First Variable Annuity Carrier to Offer PIMCO VIT Global Multi-Asset Portfolio as Investment Option

The U.S. division of Sun Life Financial Inc. today introduced a new investment choice for its Masters variable annuity (VA) customers, becoming the first VA carrier to offer the PIMCO VIT Global Multi-Asset Portfolio. This innovative asset allocation portfolio is co-managed by PIMCO CEO and Co-Chief Investment Officer Mohamed A. El-Erian and pursues opportunities in a broad range of asset classes, including global equities and bonds, commodities, real estate, derivatives and other variable insurance product funds (including other PIMCO funds).

Sun Life Financial Becomes First Variable Annuity Carrier to Offer PIMCO VIT Global Multi-Asset Portfolio as Investment Option
Source: Business Wire