SUN LIFE MFS CANADIAN EQUITY FUND (FORMERLY SUN LIFE MFS CANADIAN EQUITY GROWTH FUND) Summary of Investment Portfolio* as at September 30, 2020 Top 25 Investments Sector Allocation Percentage of Net Asset Percentage of Net Asset Holding Name Value of the Fund (%) Value of the Fund % 1 Royal Bank of Canada 5.2 Financials 21.3 2 Shopify Inc. 4.6 Information Technology 17.5 3 The Toronto-Dominion Bank 4.2 Industrials 15.9 4 Canadian National Railway Co. 3.9 Materials 10.6 5 Agnico Eagle Mines Ltd. 3.2 Energy 7.3 6 Canadian Pacific Railway Ltd. 3.2 Consumer Discretionary 6.4 7 Franco-Nevada Corp. 2.6 Communication Services 6.2 8 The Bank of Nova Scotia 2.6 Consumer Staples 5.9 9 Brookfield Asset Management Inc. 2.5 Health Care 4.3 10 Barrick Gold Corp. 2.4 Utilities 2.0 11 TC Energy Corp. 2.3 Real Estate 1.8 12 Alimentation Couche-Tard Inc. 1.8 Cash and Cash Equivalents 0.7 13 Constellation Software Inc. 1.8 Other Assets less Liabilities 0.1 14 Enbridge Inc. 1.8 100.0 15 Waste Connections Inc. 1.6 16 Manulife Financial Corp. 1.6 Asset Allocation 17 Microsoft Corp. 1.5 18 Granite Real Estate Investment Trust 1.5 Percentage of Net Asset 19 Amazon.com, Inc. 1.4 Value of the Fund % 20 Canadian Natural Resources Ltd. 1.3 Canadian Equities 71.6 21 TELUS Corp. 1.3 U.S. Equities 14.3 22 CGI Group Inc. 1.3 International Equities 13.3 23 Intact Financial Corp. 1.2 Cash and Cash Equivalents 0.7 24 Restaurant Brands International Inc. 1.1 Other Assets less Liabilities 0.1 25 Rogers Communications Inc. 1.0 100.0 56.9 Total Net Asset Value (©000©s) $ 552,761 (*) All information is as at September 30, 2020. The summary of investment portfolio may change due to ongoing portfolio transactions of the Fund. Unless otherwise noted positions are long. You may obtain quarterly updates to these holdings free of charge by calling us at 1−877−344−1434, visiting our website at www.sunlifeglobalinvestments.com or by sending an email to us at [email protected]..