SUN LIFE launches Phil Stock Index Fund

Taking advantage of the country’s good financial atmosphere, Sun Life Asset Management Co., Inc. (SLAMCI) launches new product - The Sun Life Prosperity Philippine Stock Index Fund. 

This investment design gives clients the opportunity to invest in stocks and access the country’s biggest corporations without having to shell out a sizable amount of money or spend so much time analyzing the market situation. 

Investing in Philippine Stock Market can be complicated, laborious and moreso require a lot of professional expertise to get it moving. This means that for someone who isn’t adept to reading market figures, any investment shelled out would likely go on the blink. Hence, Sun Life Prosperity Philippine Stock Index Fund is launched to address this complications for you. This will work to minimizing the prospective risk and maximizing the potential of your investment as this will be handled by Sun Life’s team of expert fund managers.

The Sun Life Prosperity Philippine Stock Index Fund closely tracks the performance of the Philippine Stock Exchange Index (PSEi), and mirrors its performance by investing in stocks which comprise the index – thereby giving the client access to the 30 largest companies in the Philippines, along with the opportunity to participate in the long-term growth of the Philippine market. 

“This fund is perfect for investors who have a high-risk appetite and a long-term investment horizon,” said SLAMCI President Valerie Pama. “The PSEi actually grew by 152% in the last five years; now, clients can ride on the growth of the Philippine stock market simply by investing in the Sun Life Prosperity Philippine Stock Index Fund.” “Launching this new product is among the many ways that SLAMCI is marking its 15th anniversary this year as we strive to help more Filipinos enjoy a prosperous life,” Pama said, adding that the company started 2015 on a good momentum. 

The Sun Life Prosperity Philippine Stock Index Fund will be available on May 5, 2015. 

Now with 47.6 Billion Pesos in assets under management (AUM), SLAMCI marked a 10.38% year-on-year growth, and remains to be the largest non-bank asset management company in the Philippines as of end of March this year. 

The Sun Life Prosperity Funds also marked a significant year-on-year growth, including the Philippine Equity Fund (18.37%), Balanced Fund (13.28%) and Dollar Abundance Fund (5.93%). The Dynamic Fund, which was launched in July last year, posted a 14% return from inception to end-March 2015.