Sentry Investments partners with Sun Life Global Investments to introduce new funds

TORONTO, ONTARIO--(Marketwire - Jan. 17, 2013) - Sentry Investments ("Sentry") announced today that it has forged a partnership with Sun Life Global Investments as part of Sun Life Global Investments' launch of new income funds as well as a new Canadian equity fund aimed at Canadian investors.

Sun Life Granite Managed Income Portfolios are a multi-manager, fund-of-fund platform built primarily with income-generating mutual funds. The Granite portfolios will include units of Sentry REIT Fund and Sentry Infrastructure Fund, as well as investments from other money managers. Additionally, Sentry will act as the sub-advisor to Sun Life Global Investments for the Sun Life Sentry Value Fund launched today.

"It's exciting to join forces with an innovative Canadian company such as Sun Life Global Investments," said Dennis Mitchell, Executive Vice-President and Chief Investment Officer, Sentry. "We are confident this collaboration will result in a high-calibre product and our participation in the Granite portfolios will help address investors' increasing need for income."

The partnership with Sun Life Global Investments is further validation of Sentry's unique brand of active investing and our history of providing superior risk-adjusted returns to investors.

"We are excited to partner with Sentry Investments, one of the best equity managers in Canada," said Rick Headrick, President, Sun Life Global Investments. "The addition of this Canadian equity value fund complements our growing fund line-up, offering Canadian investors greater access and more choice."

"Market uncertainty plays a significant role for investors. There is a demand from investors to preserve their capital," said Sadiq S. Adatia, Chief Investment Officer, Sun Life Global Investments. "This new fund allows us to provide our clients with an investment solution geared towards managing risk."

Sentry Investments

Sentry Investments is a Canadian asset management company with approximately $9 billion in assets under management on behalf of Canadian investors. Sentry Investments offers a diverse range of investment products including mutual funds and flow-through limited partnerships. Sentry Investments was recognized as Canada's Best Equity Funds Group at the 2011 and 2012 Lipper Fund Awards¹ and is one of only three firms to receive four consecutive Brendan Wood International TopGun Asset Management Team Awards (2009 to 2012).

Sun Life Global Investments (Canada) Inc.

Sun Life Global Investments (Canada) Inc. brings together the strength of one of Canada's most trusted names in financial services with some of the best asset managers from around the world. With a focus on risk management, our rigorous selection and monitoring process provides access to leading asset managers who use insight and innovation to manage high quality investment solutions for Canadian investors. For more information, visit: www.sunlifeglobalinvestments.com.

Sun Life Financial

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Vietnam and Bermuda. As of September 30, 2012, the Sun Life Financial group of companies had total AUM of $515 billion. For more information please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect," "intend," "will" and similar expressions to the extent they relate to Sentry. The forward-looking statements are not historical facts but reflect Sentry's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, the anticipated date of the proposed launch dates for the new funds. Although Sentry believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Sentry undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law. For a complete disclosure record of the Sentry Group of Funds, please visit their profiles at www.sedar.com.

¹ Lipper and Lipper corporate marks are proprietary trademarks of Lipper, a Thomson Reuters Company. © 2013 Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content is expressly prohibited without the prior written consent of Thomson Reuters.

Sentry Investments Inc.

Commerce Court West

199 Bay Street, Suite 4100

P.O. Box 108

Toronto, ON M5L 1E2

Tel: 416-364-9297

Fax: 416-364-1197