2007 Annual Report - Sun Life Financial

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Reaching Greater Heights Curriculum Vitae of the Directors and Executives 60 Prosperity Funds Jose M. Faustino Independent Director, Sun Life of Canada Prosperity Phil. Equity Fund, Inc. Independent Director, Sun Life Prosperity GS Fund, Inc. Prof. Faustino is the Goodyear Company Professor of Business Management and the Program Director of the Marketing Strategy Course of the Asian Institute of Management’s (AIM) Executive Education and Lifelong Learning Center (EXCELL). In 1991, he received the Agora Award for excellence in Marketing Education, bestowed by the Philippine Marketing Association. His twenty years of work experience as professional manager and entrepreneur were in the areas of marketing, operation, and general management. Prof. Faustino received his Bachelor of Arts (Cum Laude) from the Ateneo de Manila University, Master in Business Administration from the Harvard Business School, and Master of Arts in Economics from Amherst College. He also attended the AIM’s Top Management Program. Oscar M. Orbos Independent Director, Sun Life of Canada Prosperity Phil. Equity Fund, Inc. Atty. Orbos, Filipino, is a distinguished public servant and awardwinning journalist. He started his career in public service first as Representative and then as Governor of the Province of Pangasinan. He had also served in the cabinet of President Corazon C. Aquino as Secretary of Transportation and Communication and Executive Secretary. Atty. Orbos received his Bachelor of Science in Economics and Bachelor of Laws from the University of the Philippines. Roy Emil S. yu Director, Sun Life Prosperity GS Fund, Inc. Mr. Yu, Filipino, is the Senior Vice President for Sales of Sun Life of Canada (Philippines), Inc. He is also a member of the Direct Selling Association of the Philippines. Prior to this, he was connected with Avon Cosmetics, Inc., where he had served as National Sales Director. Mr. Yu received his Bachelor of Science in Business Administration from the University of San Carlos. Oscar S. Reyes Independent Director, Sun Life Prosperity Dollar Advantage Fund, Inc. Independent Director, Sun Life Prosperity Dollar Abundance Fund, Inc. Mr. Reyes, Filipino, has served as Country Chairman of the Shell companies in the Philippines and as a Director of Pilipinas Shell Petroleum Corporation. He also serves as a member of the Boards of Directors of Sun Life of Canada (Philippines), Inc., Sun Life Financial Plans, Inc., Philippine Long Distance Telephone Company, Bank of the Philippine Islands, Universal Robina Corporation, SMART Communications, Inc. and Manila Water Company. He is the Chairman of Unicapital Securities Corporation and Link Edge, Inc. Mr. Reyes received his Bachelor of Arts in Economics (Cum Laude) and Master of Business Administration from the Ateneo de Manila University and Diploma in Business Administration and Certificate in Export Promotion from Waterloo University. Jemilyn S. Camania Corporate Secretary, Sun Life Prosperity Funds Corporate Secretary, Sun Life Asset Management Company, Inc. Atty. Camania, Filipino, is Counsel for Sun Life of Canada (Philippines), Inc. and general counsel for Sun Life Asset Management Company, Inc. Prior to joining Sun Life, she had worked as an Associate at the Cayetano Sebastian Ata Dado & Cruz Law Offices. She received her Bachelor of Arts in Psychology and Bachelor of Laws from the University of the Philippines. She is also an Associate, Life Management Institute and Associate, Customer Service (with honors). Patrick Edwin L. De Leon Treasurer of the Sun Life Prosperity Funds Mr. De Leon, Filipino, is currently the Finance Officer of Sun Life Asset Management Company, Inc. Prior to joining Sun Life, he had worked for the Manila Branch of Standard Chartered Bank. A Certified Public Accountant, Mr. De Leon received his Bachelor of Science in Accountancy from the De La Salle University. He also completed the Basic Management Program course of the Asian Institute of Management in 2006.
INVEStMENt MANAGER, PRINCIPAL DIStRIBUtOR, AND tRANSFER AGENt Sun Life Asset Management Company, Inc. 15/F, Tower II, The Enterprise Center 6766 Ayala Avenue, Makati City Phone: (632) 849-9888 Fax: (632) 849-9744 SUNLIFE PROSPERIty FUNDS Sun Life of Canada Prosperity Bond Fund, Inc. Sun Life of Canada Prosperity Philippine Equity Fund, Inc. Sun Life of Canada Prosperity Balanced Fund, Inc. Sun Life Prosperity Dollar Advantage Fund, Inc. Sun Life Prosperity Money Market Fund, Inc. Sun Life Prosperity Dollar Abundance Fund, Inc. Sun Life Prosperity GS Fund, Inc. 15/F, Tower II, The Enterprise Center 6766 Ayala Avenue, Makati City Phone: (632) 849-9888 Fax: (632) 849-9744 CUStODIAN BANKS Citibank, N.A. 8741 Paseo de Roxas, Makati City Phone: (632) 894-6900 Fax: (632) 849-9744 Deutsche Bank, A.G. 23/F, Tower I, Ayala Triangle Ayala Ave., Makati City Phone: (632) 894-6900 Fax: (632) 894-6901 The Hongkong and Shanghai Bank The Enterprise Center, Tower 1 6766 Ayala Ave., Makati City INDEPENDENt AUDItOR Manabat Delgado Amper & Co. 3/F Salamin Building 197 Salcedo ST., Legaspi Village, Makati City Phone: (632) 812-0535 Fax: (632) 810-5047
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The Sunlife Prosperity Funds have c
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Reaching Greater Heights Letter to
Page 7 and 8:
LONG tERM PERFORMANCE REVIEW Local
Page 9 and 10: INVEStMENt APPROACh Early in the ye
Page 11 and 12: LONG tERM PERFORMANCE OVERVIEW The
Page 13 and 14: A defensive strategy consisting of
Page 15 and 16: Inflation could soften further as c
Page 17 and 18: A defensive strategy consisting of
Page 19 and 20: FINANCIAL RESULtS Net assets of the
Page 21 and 22: Independent Auditor’s Report thE
Page 23 and 24: BALANCE ShEEtS Dollar Advantage Mon
Page 25 and 26: Dollar Advantage Money Market Dolla
Page 31 and 32: SUN LIFE PROSPERIty DOLLAR ABUNDANC
Page 33 and 34: FINANCIAL ASSEtS Financial assets a
Page 35 and 36: tAxAtION The tax expense represents
Page 37 and 38: BOND FUND Liquidity risk The Compan
Page 39 and 40: DOLLAR ABUNDANCE FUND GS FUND 2007
Page 41 and 42: Capital Risk Management The Compani
Page 43 and 44: The movements are summarized as fol
Page 45 and 46: Investments in listed equity securi
Page 47 and 48: 9. LOANS AND RECEIVABLES Bond Loans
Page 49 and 50: Subscriptions account represents sh
Page 51 and 52: Dollar Advantage Fund Money Market
Page 53 and 54: Dollar Advantage Fund Money Market
Page 55 and 56: 18. INCOME tAxES The income tax exp
Page 57 and 58: GS FUND Year Incurred Year of Expir
Page 59: Nilo B. Peña Director, Sun Life of
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2007 Annual Report - Sun Life Financial

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