In the Matter of Sun Life Prosperity Dollar Advantage Fund, Inc.

April 10, 2013 SEC-CFD * ORDER NO. 064-13 IN THE MATTER OF SUN LIFE PROSPERITY DOLLAR ADVANTAGE FUND, INC. , registrant. ORDER Upon consideration of the Amended Registration Statement filed by SUN LIFE PROSPERITY DOLLAR ADVANTAGE FUND, INC. reflecting the following amendments: Subject Original Proposed Amendments The Fund None Open-end mutual fund companies in the Philippines are organized as stock corporations. The Fund may become fully subscribed at any point in time. In such case, the Fund would continue to accept Deposits for Future Subscriptions (DFFS) in anticipation of an increase in capital, subject to the requirements of the law and regulations on the same. The DFFS accepted would be earmarked for the issuance of the appropriate number of shares that the DFFS would have purchased as of date of acceptance. Upon approval of the increase in authorized capital stock and upon registration of the new shares resulting therefrom with the Securities and Exchange Commission, the Fund would release the shares the DFFS had purchased, according to the "first in, first out" rule. Terms of the 1. Minimum Initial Investment 1. US$1,000.00 Offer US$2,000.00 2. Minimum Subsequent 2. US$200.00 Investment US$500.00 3. Minimum Redemption Amount 3. US$200.00 US$500.00 Sales Load With Option C and Worksite Option Option C and Worksite Option were deleted. Use of Proceeds from the sale of the shares Proceeds from the sale of the shares will Proceeds will be used to invest in fixed be used to invest in US Dollar denominated securities issued by the Philippine, fixed income instruments denominated in United States and other foreign US Dollars issued by the Philippine governments and corporations, common Government, other major economies or stock and other related securities. corporations operating therein and in high quality common stocks and related securities issued by Philippine and foreign corporations or through diversified investment companies invested in such securities. Custodian Citibank N.A. and Deutsche Bank Citibank N.A., Deutsche Bank A.G. and Banks A.G. Hongkong and Shanghai Banking Corp. Investment The Fund's objective is to generate The Fund aims to provide moderate growth Objective long-term returns consisting of and a steady income stream through current income and capital growth investments in US Dollar denominated in US Dollars. fixed income securities issued by the Philippine Government, other major economies or corporations operating therein and in high quality common stocks and related securities issued by Philippine and foreign corporations or through diversified investment companies in such securities. the Commission in its meeting held on April 4, 2013, resolved to render effective the same, except the amendment pertaining to the proposed redemption rights of "DFFS holders" for lack of legal basis. THEDcS SO ORDERED. EDSA, Greenhills, Mandaluyong City, Philippines, April 10, 2013. (SGD.) JUSTINA F. CALLANGAN Acting Director