Begin your 2019 Financial Journey with Sun Life Asset Management’s Prosperity Achiever Funds
2018 is about to end. Fiscally speaking our country has gone so
many ups and downs this year, well mostly down if you based it on the number of
people who became more concerned with the way the economy is going. It seems
most Filipinos were anxious about the high oil prices, high inflation rates, a
rapidly depreciating peso and the economy in general.
But bright prospects are seen for next year. In fact, the bright
news is underway at the beginning of Q4 2018 according to Sun Life Market
Outlook 2019 as presented by Sun Life Financial
Chief Investment Officer Mike Enriquez. In the report, market investors
can look forward to a slowing of inflation rates, a slowly gaining Philippine
Peso and getting stronger GDP along with other tailwind factors that are
expected to help the market progress. Moreover, the positive market driver with Bangko Sentral ng Pilipinas (BSP) at the
helm has turned hawkish.
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| Official |
Sun Life report statistics showed that Peso is expected to be stronger, taking cues from the
BSP for direction. The peso will end at 53 this year and will appreciate slightly to 52.3 in next year and 51.5 by 2020. For GDP, its growth will remain strong, with at least 6.3% for last
quarter of 2018. Lastly, foreign inflows will return as inflation improves, with
reserve requirement cuts resuming 2019 after inflation has normalized.
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| Official |
The Philippines may still have a challenging
market conditions but with all the gathered data from the Sun Life report, investors
are seen to be in a relatively upbeat mood and are ready and eager to increase
and achieve their financial goals. One of their
financial goals is to look for investment that is time-based or based on their
desired date.
Did you know that Sun Life Asset Management Company, Inc.
(SLAMCI), a subsidiary of Sun Life Financial may soon make this possible with
its new offering – the Sun Life Prosperity Achiever Funds. A first in the
industry, the Achiever Funds are a suite of target-date mutual funds, which
seek to grow assets over a specific period of time, functioning as simple
investment solutions to help finance life goals. Target-date funds address a
capital need slated for a future date, such as retirement. Upon the approval of
Securities and Exchange Commission, it will officially be launched to the
investing public in January 2019.
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| Official |
During the
launch, SLAMCI
President Valerie Pama explained that, “Pursuing our financial
goals is easier if we attach a target date to it. This helps us be more
focused in our financial journey. The Achiever Funds can help in this regard.” She
added, “Moreover, investors
will no longer need to manually rebalance their portfolios themselves, because
SLAMCI’s professional fund managers will adjust the asset allocations on their
behalf.”
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| Official |
At the onset, these funds are invested in equities or stocks,
which can potentially generate high returns. As the target date of each one
approaches, SLAMCl’s professional fund managers will systematically move the
assets of the funds to fixed income securities. The funds become less
aggressive as their respective target dates near, ensuring that the investor
will be able to preserve both the capital and the accumulated potential gains
from the investment, and achieve his goals on time.
SUN LIFE PROSPERITY
ACHIEVER FUNDS
Sun Life Asset Management Strategic Development Head Maria
Charina Fuentes enumerated the three options available for the Sun Life
Prosperity Achiever Funds.
Prosperity Achiever
Fund 2028
The Prosperity Achiever Fund 2028 is suitable for investors with
a 10-year investment horizon and may be looking to enjoy proceeds through
purchase of a car or set-up of a small business.
Prosperity Achiever
Fund 2038
The Prosperity Achiever Fund 2038 is ideal for investors with a
20-year investment horizon. Ideal for those in their 30s or 40s, it is
recommended for those who may be looking to prepare for cost of their child’s
education or aiming to purchase a house.
Prosperity Achiever
Fund 2048
The Prosperity Achiever Fund 2048 is the best choice for
investors with a 30-year investment horizon. It will work well for those in
their 20s or 30s, as it will enable them to invest for milestone purchases, or
prepare for their retirement.
Keep in mind that the Prosperity Achiever Funds requires low minimum
investment amount and is also available through various distribution channels
and various modes of payment.
To know more about these funds, consult a Sun Life Financial
Advisor, visit sunlifefunds.com, or call 849-9888.
Learn more about investments at https://www.sunlife.com.ph/PH/Investments.
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