The Mutual Fund Management Company of the Philippines, Inc. (MFMCP) , a member of The ATR KimEng Group, has donated, on behalf of its fund investors, P 50 for every P 1 million worth of domestic mutual fund assets, to Give A Life Charity Foundation.The proceeds were used to purchase doses of chemotherapy drugs Etoposide and Cytarabin for the benefit of brave Filipino children battling leukemia. The donation was funded by MFMCP?s management revenues, and did not impact in any way the financial condition or daily NAV per share of its mutual funds.
MFMCP President and CEO Phillip F. S. Hagedorn said: ?This being the season to share our blessings with others, we felt it appropriate to step beyond merely contributing to our customers? and the economy?s well-being. As believers in long-term investing, we in MFMCP are acutely aware that development is far too often measured in terms of dollars and cents, and not enough in the conservation and maturation of that far more vital ingredient: human capital. For this time of year is also the season of children, of affirming life, and of reminding ourselves why we are all here.?
About MFMCP and The ATR KimEng Group
Established in July 1995, MFMCP is the fund manager for The Kabuhayan Fund, The ATR KimEng Equity Opportunity Fund, The ATR KimEng Money Market Fund, and The MFMCP-Aizawa Trust Philippine Fund. As of November 30, 2007, MFMCP served nearly 2,800 investor-customers, managing about PHP 1 billion worth of assets in its domestic funds, and another P 500 million worth of offshore assets. For more details on MFMCP and its funds' strong performance, please visit the company's website :www.mutualfund.com.ph.
MFMCP is a majority-controlled subsidiary of ATR KimEng Financial Corporation, a diversified financial services holding firm listed on the Philippine Stock Exchange (Symbol: ATRK). The ATR KimEng Group?s operations encompass corporate finance and advisory services (equity IPOs and secondary offers, bond underwriting, mergers and acquisitions, debt restructuring); stockbroking and equity research; life and general insurance underwriting, distribution, and broking; asset management (mutual funds and trust fund management); foreign exchange and fixed income broking; and real estate development. Through minority shareholder Kim Eng Holdings Ltd. of Singapore, the ATR KimEng Group enjoys equity distribution access throughout East Asia, Europe and North America. For more information, kindly visit www.atrkecapital.com and www.kimeng.com.
About Give A Life
Give A Life Charity Foundation, Inc. Was established by Mr. Steven J. Jarvis and Dr. Philip Cruz to provide equipment, medicine, and medical supplies for sick children and pediatric wards in the Philippines. To date, Give A Life has channeled nearly PHP 92 million towards antibiotics, cancer therapy drugs, and the refurbishment and upgrading of a number of charity pediatric wards. For more information on the organization, visit www.givealife.ph.
Mr. Gerald D. Baldivia, Executive Director ? Marketing
The Mutual Fund Management Company of the Philippines, Inc. (MFMCP)
17th Floor Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, 1200 Makati City, Philippines
Trunk: +632-848-1381 thru -1384
Ms. Melanie Ilisan
Give A Life Charity Foundation, Inc. Tel: +632-899-1000