Objective: Current income and long-term capital growth.

The fund is a "fund of funds". The fund seeks to achieve its objective by investing in a portfolio of underlying funds. These underlying funds, in turn, invest in a variety of U.S. and foreign equity, fixed income and money market securities. Because this is a moderate allocation fund, the fund's assets will be invested primarily in fixed income funds and, to a lesser extent, equity funds, although a portion of its assets will be invested in cash, cash equivalents, or in money market funds. This fund is subadvised by Ibbotson Associates, Inc., an unaffiliated investment management firm.

Prospectus (I Class Shares)

Prospectus (S Class Shares)

Statement of Additional Information

Annual Shareholder Report

Semi-Annual Shareholder Report

Quarterly Portfolio Holdings Information

Monthly Portfolio Holdings Information

This fund is not available for purchase directly by retail investors. The fund sells its shares only to separate accounts established and maintained by insurance companies for the purpose of funding variable annuity and variable life insurance products. The fund prospectus contains important information about the fund's investment objectives, risks, charges and ongoing expenses that a variable contract owner should consider carefully before investing in any of the underlying investment options.

Prospectuses for variable insurance products offering these funds as investment options are available from financial professionals who are both licensed to sell such products and appointed by insurers that offer them. Variable insurance products are subject to market fluctuation, investment risk, and possible loss of principal. Please read all prospectuses carefully before investing or sending money.

Clarendon Insurance Agency, Inc. is the principal underwriter of the funds in the Sun Capital Advisers Trust. Clarendon is a member of the Sun Life Financial group of companies.