MFS Architect Advantage Plus

Please be aware that Sun Life Financial International will no longer accept additional purchase or investment payments into the annuity or investment contracts listed below after the close of business on September 30, 2014.

MFS Architect
MFS Architect Advantage
MFS Architect Advantage Plus
MFS Architect Flagship
MFS Secured Legacy
Sun Secured Advantage

Please note: As of December 31, 2008, we are no longer accepting new applications for MFS Architect Advantage Plus. However existing accounts will continue to be serviced and additional payments will be accepted.

Effective, April 1st, 2013, please note that upon election of Step-Up on your account, the annual fee for the program will increase to 2.05%. Please consult with your Financial Advisor or our Client Service team if you have any questions.

The Certificate

Evidences the Participant's interest in a combination variable/fixed group annuity contract issued by Sun Life Assurance Company of Canada and was available for clients up to age 85.

Certificate Designation

Individual Ownership
Offshore company or trust ownership

Variable Sub-Accounts¹

A wide variety of equity, fixed-income, and capital preservation funds to help meet your client’s needs

Fixed Account²

Guaranteed principal and interest²
Guarantee periods of: 5 and 7 years
Dollar-cost averaging programs: 12-month, 6-month³

Purchase Payments

$5,000 (U.S.) subsequent
Maximum: $5 million (U.S.)

Purchase Payments that cause the Account Value to exceed the maximum are subject to review and approval by Sun Life Assurance Company of Canada

Purchase Payment Interest

(i.e., extra credits, or bonus payments)

Option A

2% of first account year Purchase Payments, plus
2% of Account Value on every fifth Account Anniversary

Option B

4% of all Purchase Payments

If no purchase payment interest option is elected on or before the date of coverage, Option A will automatically apply. Charges

There is no initial sales charge
The base annual asset charge on the Variable Sub-Accounts is 1.95%
There are two Optional Product Features (these features cannot be combined):
- 7 Year Principal Protection Plus Program: 0.90% annual fee deducted from the Account on a quarterly basis (in addition to base annual asset charge of 1.95%)
- 10 Year Principal Protection Plus Program: 0.60% annual fee deducted from the Account on a quarterly basis (in addition to the base annual asset charge of 1.95%)
Declining Charge on withdrawals of Purchase Payments in a Certificate for less than seven Account Years: 9%, 9%, 8%, 7%, 6%, 5%, 4%, 0%
Annual $100 (U.S.) account fee waived if:
- entire Account Value invested in fixed account for entire Account Year
- or total Account Value is $100,000 (U.S.) or greater on Account Anniversary

Access to Money

Withdrawals that are not subject to withdrawal charge:

The greater of:
- 10% of Purchase Payments, or
- the previous Account Year's earnings adjusted for Purchase Payment and withdrawals made in that Account Year⁴

Transfers

Transfers are permitted subject to the terms and restrictions as outlined in the MFS Architect Advantage Plus Specimen Certificate and the Essential Information and Product Disclosure document
Transfers from the fixed account are subject to a Market Value Adjustment

Market Value Adjustment (MVA)

Amounts transferred or withdrawn from the fixed account prior to the applicable renewal date may be decreased or increased based on the relationship between the current interest rate applicable to the balance of the Guarantee Period and the interest rate that is actually credited to the Guarantee Amount being transferred or withdrawn. A market value adjustment may affect principal.

Guaranteed Death Benefit⁵

Protects beneficiary against any loss of Purchase Payments adjusted for withdrawals if the Covered Person dies.

Pays greatest of:

highest Account Value on any Account Anniversary (prior to age 81) adjusted for subsequent Purchase Payments and withdrawals
Account Value on Death Benefit Date
cash surrender value on death benefit date
100% of Purchase Payments, adjusted for withdrawals

Plus: An additional amount called the Earnings Enhancement BenefitSM (EEBSM) Amount - 40% of total investment earnings with earnings capped at 100% of Adjusted Purchase Payments (or 25% of such earnings if age 70 to 79 at Date of Coverage)

Principal Protection Plus Program

(Choice of 7 or 10 year term)

Participants who select the Principal Protection Plus Program are guaranteed that on Program Maturity Date if their Account Value is less than the Principal Protection Plus Amount (PPP Amount), a credit will be made to bring the Account Value up to the PPP Amount. If the Account Value is equal to or higher than the PPP Amount, we will credit the Account with the PPP charges that were deducted from the Account.

For a complete description of the charges, benefits (including the step-up feature, revocation, and renewal), and restrictions on this Optional Product Feature, please refer to the Principal Protection Plus Program flyer or the MFS Architect Advantage Plus Specimen Certificate and an Essential Information and Product Disclosure document available from your financial consultant.

Optional Programs

Dollar-Cost Averaging Program³
Secured Future Program®
Portfolio Rebalancing Program
Interest Out Program
- Interest earned in the current Account Year in the fixed account may be withdrawn or exchanged into any variable account without a Market Value Adjustment
Asset Allocation Program⁶
- Participant may choose to participate in one of four asset allocation models (Conservative, Moderate, Growth, Aggressive Growth)

Professional Management

MFS Investment Management®

America's oldest mutual fund organization
$199.6 billion (U.S.) in assets under management as of 12/31/07

Sun Life Assurance Company of Canada

Sun Life Assurance Company of Canada has consistently received high ratings from the major independent ratings agencies for its financial strength and claims-paying ability. Ratings apply to fixed accounts only.

The Investment Options, Product Options, and Optional Programs chosen should correspond to your client’s financial needs, goals, and risk tolerance.

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Related resources

Forms & marketing material

Funds & performance

Interest rates

Essential information and product disclosure

Optional programs

Principal Protection Plus

Asset allocation

Dollar cost averaging

Portfolio rebalancing

Systematic withdrawal

¹The values of the Variable Sub-Accounts will fluctuate with current market, regulatory, economic or political developments and, when redeemed, may be worth more or less than their original value. Please see the MFS Meridian Funds prospectus and MFS Funds Prospectus for detailed explanations of each fund's investment objectives, policies, strategies, permitted investments, associated risks, charges and expenses.

²Guarantees are backed by the claims-paying ability of Sun Life Assurance Company of Canada when investments are held to the full length of the Guarantee Period. Transfers and withdrawals involving the Guarantee Periods may subject principal and interest to a Market Value Adjustment.

³Dollar-Cost Averaging does not assure a profit nor does it protect against a loss in declining markets. The first transfer occurs when we receive the Purchase Payment. An investor should consider his or her ability to continue purchases in periods of low prices. Variable account units, when redeemed, may be worth more or less than their original value.

⁴Any withdrawals in an Account Year in excess of 10% of total Purchase Payments made or of the last Account Year's earnings are subject to the withdrawal charge and may also be subject to a Market Value Adjustment.

⁵If Covered Person was age 86 or older on the Date of Coverage, the death benefit is the cash surrender value. Withdrawals will affect the amount of the death benefit on a basis proportional to the reduction in Account Value brought about by such withdrawal. For details, please see the Essential Information Document or the Specimen Certificate.

⁶Asset Allocation does not assure a profit and does not protect against a loss in declining markets. The asset allocation models selected should correspond to your financial needs, goals, and risk tolerance.

MFS Architect Advantage Plus is a fixed/variable group annuity contract offered by MFS and Sun Life Assurance Company of Canada. Both companies are members of the Sun Life Financial group of companies. Unless otherwise indicated, logos, product and service names are trademarks of Sun Life Financial and its affiliates and may be registered in certain countries.

Sun Life Financial

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