How to Redeem / Withdraw Your Sun Life Mutual Funds

In case you’d like to Redeem or Withdraw from your Sun Life Mutual funds, follow these simple steps.

1. Download the Order Ticket for Redemption/Interfund Transfer. It looks exactly the one below.

Sun Life Mutual Fund Redemption / Withdrawal Order Ticket

Make sure you fill up the following important details

  • Client Number or Account Number
  • Account Name
  • Under Redemptions, write the Date. You may skip on the Application Number.
  • Fund Name – from where you want to withdraw/redeem
  • Number of Shares or Amount to Redeem – you may simply put the Exact number of shares or just the amount
  • Reason for Redemption – Just check any that applies
  • Special /Other Instructions – Check any that applies
  • Your signature
  • Date

In case you requested for a Certificate of Shares, the original share certificate (if issued) of the investment for withdrawal must be submitted with the Order Ticket for Redemption/Interfund Transfer.

If you’re enrolled with Fascimile Transactions, you may simply fax the filled up Order Ticket (Redemption/Interfund Transfer) to (632) 849-9744 or 849-9740.

If not enrolled, you must submit the original Order Ticket to the nearest Sun Life Office in your area.

For my clients (in case you’re a client of mine), you may simply scan the filled up document and email it to me and I’ll do the rest.

Wait for 3-7 days (as mandated by law) for your withdrawn fund. But based on actual experience of mine, submitted the form 9am (Thursday). Got the funds in my bank account the next day (Friday) at around 4pm.

 

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Garry Zaldy de Castro is an advocate, Financial Advisor, Certified Investment Solicitor (Mutual Fund Representative), blogger, IT practitioner, husband to Aileen and a dad to Jacob and JohnD. He started Financial Planning Philippines in 2008 just to share his financial learning to friends, relatives and anyone who wishes to be financially independent.

23 comments

    1. Hi Ms Janda, if your policy matures without withdrawals, then most likely you will maximize the potential earnings of your plan. Bongga po un!

      However, mas maganda din po that uou enjoy while you can…

  1. Hi Sir,

    My sun life vul (with life insurance) will be on its 6th year this April. Due to family medical needs, I was planning to withdraw my investments. Will I lose the life insurance in the process? I’m not sure if i understand it correctly that my investment should be for at least 10 years?

  2. may way po ba to cancel the redemption? nareceive ko na ag confirmation kung kelan makecredit ag money but may changes lang sa plan and no longer need the money. pwede pa kaya? sayang kase eh.

    1. Hi Choy, straightforward lang. Total amount being withdrawn less charges.

      Say you’re withdrawing 10,000 and you’re on your 1st year palang, 10k x 0.56 = 560

      So when you redeem, you’ll get 10k – 560 = 9440

      1. Hi Sir,
        Just want to know if ilang years yung minimum na payment para bago makapag withdraw? or do I need to finish the 10years before ako pwedeng mag withdraw?Thanks in advance!

  3. Good day, sir! How can i withdraw my Sunlife insurance investment? I have paid 2years and had a change of mind. Will appreciate a reply. Thank you!

    1. Hi Riolyn, 2 ways. 1. Using your Sun Link Online Account or Mobile App Sun Life PH, you can easily withdraw there, just put your bank details and it will be directly credited.

      2. Using Order Ticket (Redemption), download and fill up the form and fax to Sun Life. The fax details are in the order ticket.

      1. Hi, Gary. Im logged in to the mobile app and cant find the option to withdraw a partial of my fund value. Please advise.

        Thanks in advance.

        1. Hi Sheryll, using mobile, you should see the + sign, click that then Redeem. Enter the details of your preference and you should be able to withdraw from your fund. You should get the funds in 4-5 business days.

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