BMO CM on Sun Life Financial

BMO Capital Markets, 11 August 2006Year to date, Sun Life shares generated the worst total returns among the large cap financial services companies, down 10.6%. The margin is quite wide as the closest comparisons are GWO, down 6.5%, and TD, down 3.9%. SLF currently trades at 1.6x bvps and 12.2x and 11.1x �06E and �07E EPS, respectively, cheaper than the lifeco and bank group averages. The yield