Sun Life Mutual Funds – Everything You Need to Know!

Mutual Funds Basics

Mutual funds are a great way to maximize your earning potential. Here are the important fundamentals that you need to know.

What is a Mutual Fund?

A Mutual Fund is an investment company that pools together money from different investors and invests them in various securities depending on the investment objective of the fund. The mutual fund company issues shares to the public that represents their holdings in the fund.

What are the different types of Mutual Funds available?

There are four basic types of mutual funds currently available in the market categorized according to the investment objective of the fund or the investments that the fund is  primarily invested in.

  • Money Market Funds invest purely in short-term (one year or less) debt instruments.
  • Bond Funds invest in long-term debt instruments of governments or corporations.
  • Balanced Funds invest both in shares of stock and debt instruments.
  • Stock Funds / Equity Funds invest primarily in shares of stock.

What is the NAVPS?

NAVPS or the net asset value per share represents the price of one share from a mutual fund. All shares in a mutual fund are bought and sold using the NAVPS, which changes every business day depending on the market performance of the fund.

Affordability

If the NAVPS of the mutual fund you are invested in increases or appreciates, you can sell your mutual fund shares for a profit. In the same way, if the NAVPS of the mutual fund you are invested in decreases or depreciates, you may realize a loss if you redeem.

Like any other investment instrument, mutual funds are best held long-term especially for mutual funds that have investment objectives of capital growth such as equity funds.

Mutual Funds as explained by Pesos and Sense.

 

What are the Benefits of Investing in Mutual Funds?

 

Sun Life Prosperity Funds that you can choose from

Sun Life Prosperity PESO Funds

Type of FundWhat’s My Objective?Where will my money go?Risk appetiteMinimum Initial Investment?Minimum Additional
Money Market FundI just want to leave my cash for a short period of time and earn from it, too.Invests in special savings accountsVery Conservative Php 100Php 100
GS (Government Securities) FundI want my money to earn but my investment should be kept intact.
Invests mainly in government debt

ConservativePhp 1,000Php 1,000
Bond FundI want my money to earn but my investment should be kept relatively stable.
Invests in government and high-quality corporate debtModerately Conservative Php 1,000Php 1,000
Balanced FundI want my money to earn more and I can afford to lose some of my investment for higher returnInvests in a mix of high-quality debt and equity securitiesSomewhat between conservative and riskyPhp 1,000Php 1,000
Philippine Equity FundI want to maximize the potential of my money for higher return over the long term Invests mainly in high-quality equity securitiesI believe in the saying, “high risk, high return”Php 1,000Php 1,000
Philippine Stock Index FundI want my money invested in a broad diversified portfolio while tracking the performance of the Philippine Stock Exchange Index (PSEi)Invests in securities that constitute the PSEi at their index weights.I have a high risk tolerance.Php 1,000Php 1,000

Sun Life Prosperity DOLLAR Funds

Type of FundWhat’s My Objective?Where will my money go?Risk appetiteMinimum Initial Investment?Minimum Additional
Dollar Starter FundI want to invest my US Dollars for only a short period and earn higher than traditional deposits.Invests in high-yielding deposits and other short-term debt securities.I’m very conservative.USD 500USD 100
Dollar Abundance FundI want to invest my US dollars to preserve it.Invests in foreign-denominated government and high-quality corporate debtConservativeUSD 1,000USD 200
Dollar Advantage FundI want to invest my US dollars and I can afford to lose some of my investment for higher returnInvests in a mix of high-quality debt and equity securitiesI’m somewhat between conservative and riskyUSD 1,000USD 200
Dollar Wellspring FundI want my US dollars to earn more and derive income from my investmentsInvests in a mix of global fixed income assets while a portion invested in equity securitiesI’m somewhat between conservative and riskyUSD 1,000USD 200
World Voyager FundI want to maximize the earning potential of my US dollar while keeping diversifiedInvests in global equity securitiesI have a high risk toleranceUSD 1,000USD 200

 

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