A key to survival in this volatile financial jungle is diversification. As investment gurus would say, “it is always best to have a healthy mix of investments, to be on the safer side just in case a crisis gets in the way.”
Anchored on this investment mantra, Sun Life Asset Management Company Inc. (SLAMC) has taken a bold step to open a world of investment opportunities for Filipinos by re-introducing and repositioning its Prosperity Dollar Advantage Fund.
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“Part of the investment objective of the re-launched Sun Life Prosperity Dollar Advantage Fund is to be a global asset allocation fund with equities and fixed income instruments exposure to markets and economies outside of the Philippines
through five-star mutual funds,” said Ben Thomas Panares, chief operating officer of SLAMC.
“The Dollar Advantage Fund will now finally have equities and fixed income instruments invested across markets, economies and countries. This will be the first ‘true’ global balanced fund in the market today.”
As a global balanced fund, its portfolio will soon be enriched by fixed income and equity securities from around the world in accordance with the fund’s prospectus as approved by the Securities and Exchange Commission, he said.
“Of course, Sun Life will continue to manage the Dollar Advantage Fund in the same prudent manner it has done so over these past years. The shift to a global asset portfolio will be gradual and deliberate,” Panares said. (PR)