12:13 PM EST - Sun Life Financial Inc. : Reported that its SLGI Asset Management division announced today proposed changes to select mutual funds. These changes are meant to streamline the SLGI Asset Management product lineup. Effective on or about July 30 , SLGI Asset Management intends to terminate Sun Life Excel India Balanced Fund and Sun Life Excel New India Leaders Fund and distribute the proceeds to the investors of record of the Terminating Funds on that date. As part of the termination, SLGI Asset Management will liquidate the investments of each of the Terminating Funds. Sun Life Financial Inc.
shares T.SLF are trading down $0.04 at $65.03.
