RBC Dexia chosen by Sun Life Global Investments (Canada) to service new
family of funds

TORONTO, Sept. 20 /CNW/ - RBC Dexia today announced it has been chosen by Sun Life Global Investments (Canada) Inc., an indirect wholly-owned subsidiary of Sun Life Financial Inc., to provide an integrated service platform including custody, fund accounting, transfer agency recordkeeping and risk and investment analytics to a new family of mutual funds in Canada scheduled to launch in the fall of 2010.

The new fund line-up will be available through Sun Life Financial advisors, Mutual Fund Dealer Association (MFDA) and Investment Industry Regulatory Organization of Canada (IIROC) firms and will also be made available to Sun Life Financial's group retirement plan customers through its segregated fund platform. The new funds will leverage Sun Life Financial's global investment and product capabilities, which together represent over $400 billion in assets under management.

"RBC Dexia demonstrated a long term partnership approach matched with a conservative risk profile that we felt was essential for a successful launch of our mutual fund offering," said Rick Headrick, President, Sun Life Global Investments (Canada) Inc. "RBC Dexia was selected after a rigorous and competitive process and we are pleased to be able to build upon our successful 14-year relationship in Canada."

"The relationship between RBC Dexia and Sun Life Financial continues to grow and we look forward to providing them and their clients with the exceptional level of service they have come to expect," said John Lockbaum, Managing Director, Canada for RBC Dexia Investor Services.

RBC Dexia Investor Services recently received top scores in seven key categories of the 2010 Global Investor Global Custody Survey, including No.1 overall for the Americas and EMEA. RBC Dexia also excelled in the annual R&M Consultants Global Custody Survey, and was ranked the number one service provider by fund managers and number one for Europe in Global Custodian's 2009 Global Custody Survey. RBC Dexia was also named Global Custody: Client Relationship Manager of the Year in ICFA's 2009 Global Awards.

About RBC Dexia Investor Services

RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,400 professionals in 16 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management practices.

Equally owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.4 trillion in client assets under administration.

rbcdexia.com

RBC Dexia Investor Services Limited is a holding company that provides strategic direction and management oversight to its affiliates, including RBC Dexia Investor Services Bank S.A., a credit institution licensed in Luxembourg by the Commission de Surveillance du Secteur Financier and the Ministry of Finance. All are licensed users of the RBC trademark (a registered trademark of Royal Bank of Canada) and Dexia trademark (a registered mark of Dexia Crédit Local) and conduct their global custody and investment administration business under the RBC Dexia Investor Services brand name.

For further information: RBC Dexia: Jason Graham, Toronto, 416 955 5800, [email protected]