Sun Life Grepa launches equity fund

SUN Life Grepa Financial Inc. (SLGFI) has launched a new equity fund that allows investors to enjoy the potential gains of investing in the stock market while minimizing downside risks.

The newest fund called SLG Growth PLUS allows Filipinos to benefit from the country’s positive outlook by participating in the growth of the Philippine market, SLGFI announced on Wednesday.

“The Philippines is still one of the fastest-growing markets in Asia despite recent weakness in the equity market performance. Our country’s economic fundamentals remain intact and our fund managers believe that the long-term growth story of the Philippines is still solid. These market lows actually present a golden opportunity for clients to enter the market at cheaper levels,” said SLGFI president Richard Lim.

“It’s also a fresh take on equity investment because in addition to offering the usual earning potential, the fund offers the stability of dividend earnings from its underlying assets,” Lim added.

This new product is a fund option available to both existing and prospective clients of Sun Grepa Power Builder 1, Sun Grepa Power Builder 5 and Sun Grepa Power Builder 10 life insurance products. Along with their investment-oriented design features, these products also provide insurance protection until age 88.

The fund invests in a diverse portfolio of high dividend-paying equity instruments issued by top-tier and financially stable companies listed on the Philippine Stock Exchange (PSE).

These companies were selected based on factors such as operational performance, valuation and market sentiment.

The dividend earnings are then automatically reinvested to contribute to the price appreciation of the fund and to soften the impact of a drop in stock prices during a market downturn.

The fund also adopts an active portfolio management strategy which allows the fund to swiftly reallocate equity assets as needed, within the framework of its investment mandate.

“This fund is best suited for clients with longer investment horizons and greater tolerance for risk. These clients are more likely to accept short-term volatility for the opportunity to optimize earning potentials over the medium-to-long term period. This fund fully supports our vision of providing clients with as many financial solutions as possible in the pursuit of financial independence throughout their lifetime,” Lim said. Doris Dumlao-Abadilla