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Tuesday, August 20, 2019

Sun Life launches newest fund package

THE Sun Life Asset Management Company, Inc. (SLAMCI) introduces its newest offering, the Sun Life Prosperity Wellspring Fund to serve investors who are eager to grow their dollars at the same time generate income regularly.

Sun Life President Valerie Pama said that they are positive that this new product will be suitable to their clients who are eager to not just maximize returns on their dollars, but also generate a regular stream of income from it.

“SLAMCI is always eager to develop ways that we could serve the varying needs of our clients. We understand that there are investors out there who are eager to make the most of their dollars, and this is why we created the Sun Life Prosperity Wellspring Fund,” she said.

Sun Life Prosperity Wellspring Fund, the newest addition to SLAMCI’s award-winning Sun Life Prosperity Funds, is a multi-asset fund that aims to distribute income by way of dividends over the long-term.

Its portfolio is comprised of mutual funds invested in global equities, fixed income and other alternatives across various geographies.

Thus, it allows for potentially higher yields for US Dollar investments as compared to traditional deposits. Ideal for investors with a moderate risk tolerance and medium to long-term investment horizon, the Sun Life Prosperity Wellspring Fund will be handled by SLAMCI’s team of professional fund managers in consultation with Sun Life Financial's International Investment Center (IIC) in Toronto.

It will include funds provided by top names in the global asset management industry such as MFS Investment Management, BlackRock, Franklin Templeton, JP Morgan and Morgan Stanley.

With the launch of Sun Life Prosperity Wellspring Fund, SLAMCI now has a total of 11 funds under its Sun Life Prosperity Funds.

Meanwhile, its total assets-under-management is now over P51 Billion, thus retaining SLAMCI’s position as the largest non-bank asset management company in the country.
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