Sun Life introduces stock index fund

MANILA, Philippines - The Philippines’ economic resilience has made it one of the brightest investment spots in Asia.

And the growth potential of the country’s stock market remains strong, thus, making it a perfect time to invest and grow one’s money. Sun Life of Canada (Philippines) Inc. is giving clients an opportunity to do this through its latest fund offering: Index Fund.  

Index Fund is a variable unit-linked (VUL) fund that allows one to invest in the country’s biggest corporations in the Philippine Stock Exchange Index (PSEi), even without shelling out a huge amount of money or spending too much time tracking investments.

It invests in a basket of stocks that track the performance of the country’s largest and most stable corporations that comprise the PSEi, and is a good choice for aggressive clients with high risk-tolerance and long-term financial protection goals.

“With Index Fund, clients will be able to invest in the country’s largest corporations all in just one fund, thus allowing them to ride the wave of our country’s bright prospects. It is handled by a team of professional fund managers who will ensure that they can maximize returns,” Mylene Lopa, Sun Life chief marketing officer, said.

And now is a good time to invest, according to Sun Life chief investments officer Michael Enriquez.

“Investing now allows one to buy the Philippine equity market represented by the index at a very low price, relative to the economy’s potential for growth moving forward,” he explained. “The country’s growth is expected to accelerate even more this year because it is election year, and increased government spending will further boost it.”

Available as a fund option to Sun Life policies includes Sun MaxiLink Bright, Sun MaxiLink Prime, Sun FlexiLink, Sun FlexiLink 1 and Sun FlexiLink Assist. Index Fund also allows one to secure his loved ones’ future through his policy’s basic plan. 

“With its insurance and investment features, Index Fund is definitely a great tool to help clients secure their future,” Lopa added. “Moreover, by showing confidence in our very own stock market, they are also able to support the Philippines’ economic progress – paving the way for a brighter Philippines.”

Sun Life Philippines is a member of the Sun Life Financial group of companies, a leading international financial services organization providing a diverse range of protection and wealth products and services to individuals and corporate customers.

As of Sept. 2015, the Sun Life Financial group of companies had total assets of $846 billion under its management.