SLAMCI ENTERS 3rd QUARTER ON A HIGH NOTE

Sun Life Financial has been the leading international financial service organization that provides a diverse range of protection and wealth products and services to individuals and corporate customers.

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One of its services, the Sun Life Asset Management Co., Inc (SLAMCI) is entering the third quarter on a high note, with the healthy growth of its assets under management (AUM), the recognitions bestowed by the Philippine Investment Fund Association (PIFA), and the strong performances of its newest fund, the Sun Life Prosperity Philippine Stock Index Fund.

As of June 2015, the Sun Life Prosperity Balanced Fund continues to be the largest in the market, with an AUM of over P16 Billion.

Long term returns posted were also quite significant. Topping the list is the Sun Life Prosperity Equity Fund, which posted a 102.58% five year return and a 30.06% three year return. Meanwhile, the Sun Life Prosperity Balanced Fund’s five year return is at 74.88%, while its three year return is at 22.44%. Rounding out the top three is the Sun Life Prosperity Bond Fund, with a five year return of 30.50% and a 12.50% three year return.

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Given that investing really meant to be for the long term, clients who have stayed committed to their investments are now reaping its rewards. SLAMCI is delighted to be their partner in their continues journey to prosperity,” said SLAMCI President Valerie “Riena” Pama.

Contributing to SLAMCI’s growth are the provincial investments, which are continuously increasing as a result of SLAMCI’s active efforts to encourage more Filipinos nationwide to grow their money by investing in mutual funds.

For instance, the company posted an AUM of over 1 Billion in Davao, marking a 3.56% growth compared to the same period last year. In Cebu there was a 1.31% growth, with the AUM at P865 Million, while in Iloilo also one of its biggest markets, posted a Php736 Million AUM.

As of March, 2015, the Sun Life Financial group of companies had a total assets under management of $813 billion. For more information, visit www.sunlife.com

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