SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2006
Check here if Amendment |_|; Amendment Number: ______
This Amendment (Check only one.): |_| is a restatement.
|_| adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Sun Life Financial Inc.
Address: 150 King Street West
Toronto, Ontario, Canada, M5H 1J9
Form 13F File Number: 28-05799
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: J.M.A. Anderson
Title: Executive Vice-President and Chief Investment Officer
Phone: 1-416-979-6217
Signature, Place, and Date of Signing:
/s/ J.M.A. Anderson Toronto, ON 11/14/06
------------------------------------ ---------------------- ---------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
|_| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
|_| 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
|X| 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-06597 Mclean Budden
28-04968 MFS
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 213
Form 13F Information Table Value Total: US$1,649,513
(Thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. Form 13F File Number Name
___ 28-_____________ 1 Sun Capital Advisers LLC.
___ 28-_____________ 2 Sun Life Assurance Company od Canada
[Repeat as necessary.]
FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2006
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- ------------- --------- --------- --------- --- ---- ---------- -------- ---- --------- ----
ABBOTT LABS COM 002824100 3,878 79,862 SH SHARED 1 79,862
ABBOTT LABS COM 002824100 1,567 32,264 SH SHARED 2 32,264
ALBERTO CULVER CO COM 013068101 3,869 76,473 SH SHARED 1 76,473
ALBERTO CULVER CO COM 013068101 1,573 31,086 SH SHARED 2 31,086
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 4,948 52,746 SH SHARED 1 52,746
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 667 7,110 SH SHARED 2 7,110
ALLSTATE CORP COM 020002101 4,088 65,172 SH SHARED 1 65,172
ALLSTATE CORP COM 020002101 1,664 26,519 SH SHARED 2 26,519
ALTRIA GROUP INC COM 02209S103 4,759 62,166 SH SHARED 1 62,166
ALTRIA GROUP INC COM 02209S103 1,941 25,354 SH SHARED 2 25,354
AMERICAN EXPRESS CO COM 025816109 5,392 96,148 SH SHARED 1 96,148
AMERICAN EXPRESS CO COM 025816109 2,224 39,652 SH SHARED 2 39,652
ANHEUSER BUSCH COS INC COM 035229103 4,048 85,197 SH SHARED 1 85,197
ANHEUSER BUSCH COS INC COM 035229103 1,651 34,744 SH SHARED 2 34,744
APPLE COMPUTER INC COM 037833100 4,526 58,788 SH SHARED 1 58,788
APPLE COMPUTER INC COM 037833100 1,847 23,997 SH SHARED 2 23,997
ARCHSTONE SMITH TR COM 039583109 5,535 101,670 SH SHARED 1 101,670
ARCHSTONE SMITH TR COM 039583109 757 13,900 SH SHARED 2 13,900
AVALONBAY CMNTYS INC COM 053484101 3,980 33,053 SH SHARED 1 33,053
AVALONBAY CMNTYS INC COM 053484101 541 4,496 SH SHARED 2 4,496
BANK OF AMERICA CORPORATION COM 060505104 8,331 155,525 SH SHARED 1 155,525
BANK OF AMERICA CORPORATION COM 060505104 3,374 62,984 SH SHARED 2 62,984
BAXTER INTL INC COM 071813109 4,179 91,928 SH SHARED 1 91,928
BAXTER INTL INC COM 071813109 1,708 37,576 SH SHARED 2 37,576
BIOGEN IDEC INC COM 09062X103 3,458 77,386 SH SHARED 1 77,386
BIOGEN IDEC INC COM 09062X103 1,414 31,649 SH SHARED 2 31,649
BOEING CO COM 097023105 3,857 48,911 SH SHARED 1 48,911
BOEING CO COM 097023105 1,576 19,989 SH SHARED 2 19,989
BOSTON SCIENTIFIC CORP COM 101137107 3,137 212,106 SH SHARED 1 212,106
BOSTON SCIENTIFIC CORP COM 101137107 1,280 86,578 SH SHARED 2 86,578
BOSTON SCIENTIFIC CORP COM 101137107 9,631 651,200 SH SHARED 1 651,200
BRE PROPERTIES INC CL A 05564E106 6,665 111,588 SH SHARED 1 111,588
BRE PROPERTIES INC CL A 05564E106 896 14,998 SH SHARED 2 14,998
CAPITALSOURCE INC COM 14055X102 10,413 403,285 SH SHARED 1 403,285
CAPITALSOURCE INC COM 14055X102 2,420 93,720 SH SHARED 2 93,720
CHEVRON CORP NEW COM 166764100 8,269 127,487 SH SHARED 1 127,487
CHEVRON CORP NEW COM 166764100 3,385 52,196 SH SHARED 2 52,196
CISCO SYS INC COM 17275R102 4,738 206,179 SH SHARED 1 206,179
CISCO SYS INC COM 17275R102 1,934 84,165 SH SHARED 2 84,165
CITIGROUP INC COM 172967101 8,194 164,966 SH SHARED 1 164,966
CITIGROUP INC COM 172967101 3,352 67,480 SH SHARED 2 67,480
COCA COLA CO COM 191216100 3,486 78,022 SH SHARED 1 78,022
COCA COLA CO COM 191216100 1,423 31,843 SH SHARED 2 31,843
COMCAST CORP NEW CL A 20030N101 4,529 122,732 SH SHARED 1 122,732
COMCAST CORP NEW CL A 20030N101 1,853 50,222 SH SHARED 2 50,222
CONOCOPHILLIPS COM 20825C104 3,547 59,580 SH SHARED 1 59,580
CONOCOPHILLIPS COM 20825C104 1,452 24,392 SH SHARED 2 24,392
DEVELOPERS DIVERSIFIED RLTY COM 251591103 4,984 89,382 SH SHARED 1 89,382
DEVELOPERS DIVERSIFIED RLTY COM 251591103 672 12,047 SH SHARED 2 12,047
DISNEY WALT CO COM DISNEY 254687106 3,073 99,430 SH SHARED 1 99,430
DISNEY WALT CO COM DISNEY 254687106 1,280 41,406 SH SHARED 2 41,406
DOMINION RES INC VA NEW COM 25746U109 3,381 44,199 SH SHARED 1 44,199
DOMINION RES INC VA NEW COM 25746U109 1,379 18,025 SH SHARED 2 18,025
DOW CHEM CO COM 260543103 3,116 79,939 SH SHARED 1 79,939
DOW CHEM CO COM 260543103 1,271 32,617 SH SHARED 2 32,617
DU PONT E I DE NEMOURS & CO COM 263534109 3,761 87,799 SH SHARED 1 87,799
DU PONT E I DE NEMOURS & CO COM 263534109 1,535 35,837 SH SHARED 2 35,837
EASTGROUP PPTY INC COM 277276101 4,037 80,975 SH SHARED 1 80,975
EASTGROUP PPTY INC COM 277276101 544 10,901 SH SHARED 2 10,901
EASTMAN KODAK CO COM 277461109 2,845 127,010 SH SHARED 1 127,010
EASTMAN KODAK CO COM 277461109 1,161 51,835 SH SHARED 2 51,835
EMERSON ELEC CO COM 291011104 3,502 41,764 SH SHARED 1 41,764
EMERSON ELEC CO COM 291011104 1,432 17,077 SH SHARED 2 17,077
EQUITY OFFICE PROPERTIES TRU COM 294741103 5,573 140,167 SH SHARED 1 140,167
EQUITY OFFICE PROPERTIES TRU COM 294741103 753 18,949 SH SHARED 2 18,949
EQUITY RESIDENTIAL SH BEN INT 29476L107 3,911 77,330 SH SHARED 1 77,330
EQUITY RESIDENTIAL SH BEN INT 29476L107 527 10,425 SH SHARED 2 10,425
EXELON CORP COM 30161N101 3,667 60,566 SH SHARED 1 60,566
EXELON CORP COM 30161N101 1,494 24,679 SH SHARED 2 24,679
EXXON MOBIL CORP COM 30231G102 13,726 204,564 SH SHARED 1 204,564
EXXON MOBIL CORP COM 30231G102 5,586 83,249 SH SHARED 2 83,249
FEDERAL HOME LN MTG CORP COM 313400301 3,939 59,388 SH SHARED 1 59,388
FEDERAL HOME LN MTG CORP COM 313400301 1,608 24,237 SH SHARED 2 24,237
FEDERATED DEPT STORES INC DE COM 31410H101 4,173 96,578 SH SHARED 1 96,578
FEDERATED DEPT STORES INC DE COM 31410H101 1,703 39,416 SH SHARED 2 39,416
FINISAR COM 31787A101 3,463 953,863 SH SHARED 1 953,863
FINISAR COM 31787A101 1,413 389,333 SH SHARED 2 389,333
GENERAL ELECTRIC CO COM 369604103 16,170 458,064 SH SHARED 1 458,064
GENERAL ELECTRIC CO COM 369604103 6,611 187,277 SH SHARED 2 187,277
GENERAL GROWTH PPTYS INC COM 370021107 2,551 53,540 SH SHARED 1 53,540
GENERAL GROWTH PPTYS INC COM 370021107 344 7,215 SH SHARED 2 7,215
GOLDMAN SACHS GROUP INC COM 38141G104 5,152 30,454 SH SHARED 1 30,454
GOLDMAN SACHS GROUP INC COM 38141G104 2,100 12,411 SH SHARED 2 12,411
GOOGLE INC CL A 38259P508 3,572 8,887 SH SHARED 1 8,887
GOOGLE INC CL A 38259P508 1,458 3,627 SH SHARED 2 3,627
HCA INC COM 404119109 3,905 78,273 SH SHARED 1 78,273
HCA INC COM 404119109 1,597 32,006 SH SHARED 2 32,006
HEWLETT PACKARD CO COM 428236103 5,003 136,360 SH SHARED 1 136,360
HEWLETT PACKARD CO COM 428236103 2,042 55,662 SH SHARED 2 55,662
HIGHWOODS PPTYS INC COM 431284108 4,855 130,483 SH SHARED 1 130,483
HIGHWOODS PPTYS INC COM 431284108 654 17,580 SH SHARED 2 17,580
HILTON HOTELS CORP COM 432848109 2,683 96,333 SH SHARED 1 96,333
HILTON HOTELS CORP COM 432848109 363 13,051 SH SHARED 2 13,051
HONEYWELL INTL INC COM 438516106 3,420 83,629 SH SHARED 1 83,629
HONEYWELL INTL INC COM 438516106 1,398 34,188 SH SHARED 2 34,188
HOST MARRIOTT CORP NEW COM 44107P104 3,954 172,435 SH SHARED 1 172,435
HOST MARRIOTT CORP NEW COM 44107P104 530 23,100 SH SHARED 2 23,100
INTEL CORP COM 458140100 3,896 189,411 SH SHARED 1 189,411
INTEL CORP COM 458140100 1,590 77,309 SH SHARED 2 77,309
INTERNATIONAL BUSINESS MACHS COM 459200101 4,247 51,828 SH SHARED 1 51,828
INTERNATIONAL BUSINESS MACHS COM 459200101 1,734 21,156 SH SHARED 2 21,156
INTL PAPER CO COM 460146103 3,533 102,034 SH SHARED 1 102,034
INTL PAPER CO COM 460146103 1,442 41,633 SH SHARED 2 41,633
ISHARES MSCI PAC J IDX 464286665 1,276 11,500 SH SHARED 1 11,500
ISHARES MSCI UTD KINGD 464286699 2,868 131,000 SH SHARED 1 131,000
ISHARES MSCI FRANCE 464286707 3,568 113,200 SH SHARED 1 113,200
ISHARES MSCI GERMAN 464286806 758 31,500 SH SHARED 1 31,500
ISHARES MSCI MEXICO 464286822 1,573 36,400 SH SHARED 1 36,400
ISHARES MSCI JAPAN 464286848 8,490 627,000 SH SHARED 1 627,000
ISHARES TR MSCI EAFE IDX 464287465 29,054 428,838 SH SHARED 2 428,838
ISHARES TR MSCI EAFE IDX 464287465 194,078 2,864,623 SH SHARED 1 2,864,623
ISTAR FINL INC COM 45031U101 4,373 104,862 SH SHARED 1 104,862
ISTAR FINL INC COM 45031U101 592 14,195 SH SHARED 2 14,195
JDS UNIPHASE CORP COM 46612J101 1,960 895,183 SH SHARED 1 895,183
JDS UNIPHASE CORP COM 46612J101 801 365,974 SH SHARED 2 365,974
JOHNSON & JOHNSON COM 478160104 5,910 91,014 SH SHARED 1 91,014
JOHNSON & JOHNSON COM 478160104 2,412 37,149 SH SHARED 2 37,149
JP MORGAN CHASE & CO COM 46625H100 8,302 176,787 SH SHARED 1 176,787
JP MORGAN CHASE & CO COM 46625H100 3,387 72,115 SH SHARED 2 72,115
KIMBERLY CLARK CORP COM 494368103 3,964 60,642 SH SHARED 1 60,642
KIMBERLY CLARK CORP COM 494368103 1,616 24,729 SH SHARED 2 24,729
KIMCO REALTY CORP COM 49446R109 5,592 130,439 SH SHARED 1 130,439
KIMCO REALTY CORP COM 49446R109 749 17,464 SH SHARED 2 17,464
LEAPFROG ENTERPRISES INC CL A 52186N106 2,682 338,258 SH SHARED 1 338,258
LEAPFROG ENTERPRISES INC CL A 52186N106 1,095 138,139 SH SHARED 2 138,139
LEXINGTON CORP PPTYS TR COM 529043101 3,446 162,705 SH SHARED 1 162,705
LEXINGTON CORP PPTYS TR COM 529043101 466 21,997 SH SHARED 2 21,997
LILLY ELI & CO COM 532457108 3,783 66,376 SH SHARED 1 66,376
LILLY ELI & CO COM 532457108 1,544 27,094 SH SHARED 2 27,094
LOWES COS INC COM 548661107 3,068 109,331 SH SHARED 1 109,331
LOWES COS INC COM 548661107 1,252 44,620 SH SHARED 2 44,620
MACERICH CO COM 554382101 5,541 72,560 SH SHARED 1 72,560
MACERICH CO COM 554382101 747 9,780 SH SHARED 2 9,780
MASSEY ENERGY CORP COM 576206106 7,047 336,515 SH SHARED 1 336,515
MASSEY ENERGY CORP COM 576206106 2,876 137,359 SH SHARED 2 137,359
MEDICAL PPTYS TRUST INC COM 58463J304 6,233 465,481 SH SHARED 1 465,481
MEDICAL PPTYS TRUST INC COM 58463J304 783 58,499 SH SHARED 2 58,499
MERCK & CO INC COM 589331107 4,238 101,139 SH SHARED 1 101,139
MERCK & CO INC COM 589331107 1,730 41,284 SH SHARED 2 41,284
MERRILL LYNCH & CO INC COM 590188108 4,446 56,843 SH SHARED 1 56,843
MERRILL LYNCH & CO INC COM 590188108 1,788 22,862 SH SHARED 2 22,862
METLIFE INC COM 59156R108 3,795 66,960 SH SHARED 1 66,960
METLIFE INC COM 59156R108 1,549 27,328 SH SHARED 2 27,328
MICROSOFT CORP COM 594918104 7,326 267,853 SH SHARED 1 267,853
MICROSOFT CORP COM 594918104 2,990 109,327 SH SHARED 2 109,327
MRV COMMUNICATIONS INC COM 553477100 7,098 2,571,725 SH SHARED 1 2,571,725
MRV COMMUNICATIONS INC COM 553477100 2,894 1,048,702 SH SHARED 2 1,048,702
MRV COMMUNICATIONS INC. COM 553477100 11,748 4,256,503 SH SHARED 1 4,256,503
NASDAQ 100 COM 631100104 15,022 368,000 SH SHARED 1 368,000
NAUTILUS INC COM 63910B102 2,962 215,444 SH SHARED 1 215,444
NAUTILUS INC COM 63910B102 1,209 87,923 SH SHARED 2 87,923
NEW YORK CMNTY BANCORP INC COM 649445103 8,253 503,854 SH SHARED 1 503,854
NEW YORK CMNTY BANCORP INC COM 649445103 2,051 125,225 SH SHARED 2 125,225
ORACLE CORP COM 68389X105 5,030 283,560 SH SHARED 1 283,560
ORACLE CORP COM 68389X105 2,054 115,785 SH SHARED 2 115,785
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 3,908 91,799 SH SHARED 1 91,799
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 524 12,314 SH SHARED 2 12,314
PEPSICO INC COM 713448108 3,919 60,054 SH SHARED 1 60,054
PEPSICO INC COM 713448108 1,603 24,556 SH SHARED 2 24,556
PROLOGIS SH BEN INT 743410102 4,857 85,121 SH SHARED 1 85,121
PROLOGIS SH BEN INT 743410102 664 11,645 SH SHARED 2 11,645
PRUDENTIAL FINL INC COM 744320102 6,768 88,755 SH SHARED 1 88,755
PRUDENTIAL FINL INC COM 744320102 2,749 36,051 SH SHARED 2 36,051
PUBLIC STORAGE INC COM 74460D109 3,705 43,084 SH SHARED 1 43,084
PUBLIC STORAGE INC COM 74460D109 502 5,841 SH SHARED 2 5,841
RAYTHEON CO COM NEW 755111507 3,873 80,666 SH SHARED 1 80,666
RAYTHEON CO COM NEW 755111507 1,574 32,795 SH SHARED 2 32,795
RECKSON ASSOCS RLTY CORP COM 75621K106 1,337 31,244 SH SHARED 1 31,244
RECKSON ASSOCS RLTY CORP COM 75621K106 185 4,313 SH SHARED 2 4,313
REDBACK NETWORKS INC COM NEW 757209507 5,174 372,781 SH SHARED 1 372,781
REDBACK NETWORKS INC COM NEW 757209507 2,112 152,165 SH SHARED 2 152,165
REGENCY CTRS CORP COM 758849103 4,179 60,782 SH SHARED 1 60,782
REGENCY CTRS CORP COM 758849103 571 8,309 SH SHARED 2 8,309
SCHERING PLOUGH CORP COM 806605101 4,186 189,502 SH SHARED 1 189,502
SCHERING PLOUGH CORP COM 806605101 1,707 77,286 SH SHARED 2 77,286
SIMON PPTY GROUP INC NEW COM 828806109 6,280 69,296 SH SHARED 1 69,296
SIMON PPTY GROUP INC NEW COM 828806109 848 9,358 SH SHARED 2 9,358
SL GREEN RLTY CORP COM 78440X101 5,598 50,120 SH SHARED 1 50,120
SL GREEN RLTY CORP COM 78440X101 759 6,797 SH SHARED 2 6,797
SPDR TRUST COM 78462F103 647,286 4,845,679 SH SHARED 1 4,845,679
SYMANTEC CORP COM 871503108 4,798 225,475 SH SHARED 1 225,475
SYMANTEC CORP COM 871503108 1,962 92,193 SH SHARED 2 92,193
TENET HEALTHCARE CORP COM 88033G100 4,498 552,530 SH SHARED 1 552,530
TENET HEALTHCARE CORP COM 88033G100 1,836 225,536 SH SHARED 2 225,536
TEXAS INSTRS INC COM 882508104 3,746 112,665 SH SHARED 1 112,665
TEXAS INSTRS INC COM 882508104 1,532 46,076 SH SHARED 2 46,076
TIME WARNER INC COM 887317105 4,242 232,682 SH SHARED 1 232,682
TIME WARNER INC COM 887317105 1,738 95,351 SH SHARED 2 95,351
TYCO INTL LTD NEW COM 902124106 3,849 137,501 SH SHARED 1 137,501
TYCO INTL LTD NEW COM 902124106 1,573 56,197 SH SHARED 2 56,197
UNITED PARCEL SERVICE INC CL B 911312106 3,433 47,727 SH SHARED 1 47,727
UNITED PARCEL SERVICE INC CL B 911312106 1,403 19,504 SH SHARED 2 19,504
UNITED TECHNOLOGIES CORP COM 913017109 3,877 61,194 SH SHARED 1 61,194
UNITED TECHNOLOGIES CORP COM 913017109 1,584 25,008 SH SHARED 2 25,008
UNUMPROVIDENT CORP. COM 91529Y106 74,652 3,850,000 SH SHARED 1 3,850,000
VERIZON COMMUNICATIONS COM 92343V104 12,417 334,415 SH SHARED 1 334,415
VERIZON COMMUNICATIONS COM 92343V104 5,072 136,609 SH SHARED 2 136,609
VIACOM INC NEW CL B 92553P201 3,388 91,126 SH SHARED 1 91,126
VIACOM INC NEW CL B 92553P201 1,383 37,191 SH SHARED 2 37,191
VORNADO RLTY TR SH BEN INT 929042109 6,540 60,000 SH SHARED 1 60,000
VORNADO RLTY TR SH BEN INT 929042109 883 8,099 SH SHARED 2 8,099
WACHOVIA CORP 2ND NEW COM 929903102 5,405 96,859 SH SHARED 1 96,859
WACHOVIA CORP 2ND NEW COM 929903102 2,222 39,816 SH SHARED 2 39,816
WAL MART STORES INC COM 931142103 3,703 75,073 SH SHARED 1 75,073
WAL MART STORES INC COM 931142103 1,510 30,621 SH SHARED 2 30,621
WALGREEN CO COM 931422109 3,543 79,820 SH SHARED 1 79,820
WALGREEN CO COM 931422109 1,446 32,577 SH SHARED 2 32,577
WELLPOINT INC COM 94973V107 3,682 47,786 SH SHARED 1 47,786
WELLPOINT INC COM 94973V107 1,503 19,505 SH SHARED 2 19,505
WELLS FARGO & CO NEW COM 949746101 8,060 222,784 SH SHARED 1 222,784
WELLS FARGO & CO NEW COM 949746101 3,276 90,542 SH SHARED 2 90,542
WYETH COM 983024100 3,942 77,547 SH SHARED 1 77,547
WYETH COM 983024100 1,609 31,654 SH SHARED 2 31,654
1,649,513