Sun Life sees long-term growth for Philippines

MANILA, Philippines - Short-term market volatility often presents opportunities to increase one’s portfolio exposure. This was the message Sun Life Asset Management Co., Inc. (SLAMCI) highlighted in the SLAMCI Annual Shareholders’ Meeting held recently at the EDSA Shangri-La Hotel, Manila.

Addressing over 700 investors and prospective clients who attended the said event, Sun Life chief investments officer Michael Enriquez said the country’s growth story is expected to gain momentum. “We expect the Philippine economy to continue its multi-year growth trajectory. This is underpinned by the strong domestic consumption reinforced by accelerated infrastructure and investments,” Enriquez stated.

Thus, SLAMCI encourages investors to adopt a long-term perspective when it comes to their investments.

Apart from giving a forecast on the market, SLAMCI shared the latest developments regarding the 11 Sun Life Prosperity Funds, as well as its different initiatives that aim to make investing more accessible to Filipinos. For instance, SLAMCI has launched a bills payment facility in partnership with BDO to enable more clients to conveniently top up their investments.

SLAMCI also announced that it will soon launch the Sun Life Prosperity Dollar Starter Fund to cater to investors who aim to take a step from bank deposits to investments or have a short-term need for dollars.

Apart from the aforementioned, SLAMCI will also continue with its financial literacy advocacy.

“SLAMCI aims to help Filipinos achieve prosperity, and at the root of this mission is financial literacy, for it is only when they are well-informed about money management and financial instruments that they can make the best choices in terms of growing their money,” Sun Life president Valerie “Riena” Pama said.