The more aggressive individual investors in the country can now easily set their eyes on equity investments beyond those available locally. Sun Life Asset Management Company, Inc. (SLAMCI) has formally launched its newest mutual fund called the Sun Life Prosperity World Equity Index Feeder Fund.
This new fund is peso-denominated and requires a minimum investment amount of P50,000, with additional investment on top of that available in increments of P10,000. Sun Life Prosperity World Equity Index Feeder Fund is designed to put most of its managed assets into the MSCI All Country World Index (ACWI), a global equity index representing over 2,000 constituents across developed and emerging markets around the world.
For aggressive investors
“The Fund was designed specifically for experienced investors who can tolerate significant fluctuations in the value of investments and currency movements, and do not mind market volatility,” said SLAMCI President Valerie Pama. “They know that the potential challenges could lead to capital appreciation for their investment portfolios and bring them closer to their long-term financial goals.”
Sun Life Prosperity World Equity Index Feeder Fund is facilitating diversification of investors’ portfolios. This is because the global equity index where it infuses assets represents giant equities like Apple, Facebook, Google, Microsoft, and Amazon, among others, in countries like the United States, the United Kingdom, Japan, and France, where the world’s leading listed corporations are based.
Peso-denominated
Sun Life of Canada Philippines, Inc. Chief Investment Officer Michael Gerard Enriquez asserted that investing in this passive fund could be cost-effective in terms of investing in global equities. “We made the product easily accessible by being able to accept peso, which addresses two concerns—investors having a hard time converting peso into dollars and investors looking for dollar investments,” he said.
SLAMCI is among the country’s leading non-bank mutual fund management firms. It recently announced another milestone in its 20th year—reaching P94 billion in assets under management as of June 2020 (nearing its P100 billion target by December 2020).
To know more and to start investing in Sun Life Prosperity World Equity Index Feeder Fund, consult a licensed Sun Life Mutual Fund Advisor (virtually), call telephone hotline (02) 8849 9888, or click this link.