Dollar Cost Averaging program

Dollar Cost Averaging (DCA) is a systematic strategy that moves a fixed amount at regular intervals (monthly or quarterly) into selected Sub-Accounts, enabling your clients to buy more units when prices are low and fewer when they are high. The first transfer occurs on the fifth calendar day of the month (or previous business day if the fifth is a non-business day) following the month of investment.

Sun Investor offers both Fixed and Variable DCA programs. Investment in a fixed DCA program is held in a fixed account and credited with a Guaranteed Interest Rate while the program is in effect.  The Guaranteed Interest Rate continues to be paid on the declining balance in the fixed account until all assets have been moved into the specified allocation.  This program is available in 6 or 12-month durations. 

Variable DCA is the systematic transfer of investments held in a variable sub-account to another sub-account or allocation.  Investments in a Variable DCA program are subject to market fluctuations while the program is in effect. This program is available with monthly or quarterly transfers.

The use of a systematic investment program does not guarantee a profit or protect against loss in declining markets. The value of Sub-Accounts will fluctuate with the market conditions, and when redeemed, may be worth more or less than their original value.

See Offering Document for complete details

Details Fixed DCA
Investment is held in a fixed account and credited with a Guaranteed Interest Rate while program is in effect.		 Variable DCA
Investment is held in a variable sub-account and subject to market fluctuations while program is in effect.
Duration 6 or 12 months No restrictions
Source Fixed interest rate Any variable sub-account
Available at Time of initial investment and additions Anytime
Minimum DCA Transfer Amount Not applicable $100 USD
Transfer Amount Equal amounts based on Investment and frequency Designated by client
Frequency of Transfer Monthly (quarterly available with 12 months only) Monthly or quarterly
Available Investment Selection Variable sub-accounts or Asset Allocation Model Variable sub-accounts
Earnings Credited with current fixed DCA rate Assets in the source sub-account are subject to market fluctuation
Portfolio Rebalancing Available Available (excluding the source sub-account)
Asset Allocation Models Available Not Available
Examples Investment Amount:
$120,000 USD
Month    Transfer Amount
  1              $10,000.00
  2              $10,000.00
  3              $10,000.00
  4              $10,000.00
  5              $10,000.00
  6              $10,000.00
  7              $10,000.00
  8              $10,000.00
  9              $10,000.00
 10             $10,000.00
 11             $10,000.00
 12             $10,033.63

The last payment includes DCA interest.

With Fixed DCA, clients cannot start/stop or change the transfer amount without cancelling the program.
Investment Amount:
$178,000 USD
Designated Monthly Transfer Amount: $25,000 USD
Month    Transfer Amount
  1                 $25,000
  2                 $25,000
  3                 $25,000
  4                 $25,000
  5                 $25,000
  6                 $25,000
  7                 $25,000

At month 7, the last DCA transfer will take place as the total is depleted. At this point, the client will need to initiate a separate transfer to move the remaining $3,000.

With Variable DCA, clients can start/stop or change the transfer amount.
 Please note: The first DCA transfer occurs on the fifth calendar day of the month (or previous business day if the fifth is a non-business day) following the month of investment into a DCA program.

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