RBC CM Initiates Coverage of Sun Life at Sector Perform

RBC Capital Markets, 30 April 2007EventWe are initiating coverage of Sun Life with a Sector Perform, Average Risk rating on its shares.Investment Opinion� The stock's slight discount against Manulife and Great-West is justified, in our view. International platforms are less well established than Manulife, while earnings quality and embedded value growth has been weaker.� Compared to Great-West,