As someone who works previously in the statistics department of
bank things like stocks, exchange rate, investment are part of my day. You
might think I know more about them but the day to day reality is that each is
just mere statistics but overall it can tell you the state of our economy when
you combined them all.
Last January 25, I was privileged to be invited yet again by
SunLife Philippines to take a closer look this time to SUN LIFE Market Outlook for 2017.
We all know that last year
marked some uncertainties to our economy which only happen when politics gets
in the way. We must admit that there are some areas of the economy that is
affected by all this Duterte hullaballo but its good to know that our country
is stiil hanging in there.
This is the same
outlook that SunLife study is driving at, our domestic economy remains strong
and will continue to do so in the coming months. Certain forces cannot undo
what six or more years the previous administration have build up.
With a growth on the GDP of 6.8% to 7% the market remain strong
and positive. The peso may be weakening with the exchange rate of Php50-$1 and
we are experiencing a drop in the stock market but still this is a good time to
buy and invest. As Mr. Michael Enriquez said during the talk this is the best
time to buy when the stock prices are
cheaper, and you will only gain more once the market goes up. So this
year is a good time to invest.
One of the best investments you can have right now is what SunLife
is offering, they have an array of investment to choose from and one of them is
the SunLife Prosperity Funds. Can you imagine that for just the
minimum of 5,000 pesos, you can jump start an investment account that are
managed by top notch investment professionals who are dedicated to ensuring
that the funds generate the best returns over the long term.
Those who were able to invest in the fund are already reaping
gains right now. As per report of Sun Life Asset Management Company,
Inc.President Valerie Pama, the SunLife Prosperity fund already yielded result.
“We’re delighted that our investors are reaping the rewards of their commitment
to invest for the long-term, and we hope to see more Filipinos treading the same
path so they too can experience financial security.”
In the coming months, SLAMCI will
pursue the vision of a brighter outlook by championing financial inclusion and
further boosting its financial literacy program to educate Filipinos about the
best ways to grow their money. The company will also strengthen distribution
channels to reach new markets.
SLAMCI will also be more aggressive in
promoting its program such as Sun RISE, wherein employees can invest a minimal
amount via salary deduction; and Auto-Invest, a regular investment program in
cooperation with partner banks.
More new funds are set to be launched as well.
At present, the Sun Life Prosperity Funds has seven peso-denominated funds,
i.e. Money Market Fund, GS Fund, Bond Fund, Balanced Fund, Dynamic Fund,
Philippine Equity Fund, and Philippine Stock Index Fund as well as the four
dollar-denominated funds such as the Dollar Abundance Fund, Dollar Advantage
Fund, Dollar Wellspring Fund, and World Voyager Fund.
"With the help of 3,200 mutual-fund
licensed Sun Life fnancial advisors, and the support if all our partners, we
trust that 2017 will be another fruitful year in helping Filipinos achieve
prosperity and build a brighter future." Pama said
When it comes to investing, time is one of our
greatest assets. Discover how your small amount of money today can be millions
in the future. To learn more about Sun
Life Financial, visitwww.sunlife.com.ph/
