Philippine Mutual Funds Standing as of 1st Quarter 2009

Have you been wanting to invest to mutual funds but don’t know how or simply trying to ‘wait and see’ as to what we call ‘Analysis – Paralysis’. You’ve been so indulge on analyzing the market that you later on find yourself too late to start.

Just to show you that the Philippine market is not as bad as we used to think, let’s see the facts. Here’s the standing of Philippine Mutual Funds as of 1st Quarter of 2009. And from here, I hope you get to realize that we’re actually heading for the better.

YEAR-TO-DATE (YTD) PERFORMANCE OF PHILIPPINE MUTUAL FUNDS As of the 1st Quarter of 2009 (January to March 2009)

EQUITY FUNDS (primarily invested in Peso equity securities)

  1. Philequity Fund – 7.99%
  2. Philequity PSE Index Fund – 7.40%
  3. First Metro Save and Learn Equity Fund – 6.60%
  4. Philippine Stock Index Fund – 6.06%
  5. Philam Strategic Growth Fund – 5.73%
  6. United Fund – 4.67%
  7. Sun Life Prosperity Phil. Equity Fund – 4.55%
  8. ATR KimEng Equity Opportunity Fund – 4.36%
  9. DWS Deutsche Philippine Equity Fund – 2.92%

BALANCED FUNDS (primarily invested in Peso debt and equity securities)

  1. ALFM Growth Fund – 5.63%
  2. First Metro Save and Learn Balanced Fund Inc. – 5.22%
  3. Philam Fund, Inc. – 4.80%
  4. GSIS Mutual Fund – 4.79%
  5. MFCP Kabuhayan Fund – 3.82%
  6. Optima Balanced Fund – 3.68%
  7. Sun Life Prosperity Balanced Fund – 2.43%
  8. First Galleon Family Fund – 0.28%

FOREIGN CURRENCY-DENOMINATED BALANCED FUNDS

  • Sun Life Prosperity Dollar Advantage Fund – 5.70%

BOND FUNDS (primarily invested in Peso debt securities)

  1. Prudentialife Fixed Income Fund – 2.61%
  2. Cocolife Fixed Income Fund – 2.57%
  3. Sun Life Prosperity GS Fund – 2.06%
  4. Sun Life Prosperity Bond Fund – 1.60%
  5. Philam Bond Fund – 1.45%
  6. ALFM Peso Bond Fund – 1.32%
  7. First Metro Save and Learn Fixed Income Fund – 0.76%
  8. Philequity Peso Bond Fund – 0.47%
  9. DWS Deutsche Philippine Fixed Income Fund – 0.38%
  10. Ekklesia Mutual Fund – No data

FOREIGN CURRENCY-DENOMINATED BOND FUNDS

  1. MAA Privilege Euro Fixed Income Fund – 8.84%
  2. Grepalife Dollar Bond Fund – 7.82%
  3. Sun Life Prosperity Dollar Abundance Fund – 7.18%
  4. Philam Dollar Bond Fund – 6.48%
  5. Philequity Dollar Income Fund – 4.78%
  6. MAA Privilege Dollar Fixed Income Fund – 2.28%
  7. Grepalife Fixed Income Fund Corp. – 2.07%
  8. ALFM Euro Bond Fund – 1.20%
  9. ALFM Dollar Bond Fund – 1.03%
  10. AIG Global Bond Fund Phils. – (4.39%)

MONEY MARKET FUNDS (primarily invested in short-term Peso securities)

  1. Sun Life Prosperity Money Market Fund – 0.54%
  2. ATR KimEng Money Market Fund – 0.52%
  3. Philam Managed Income Fund – 0.35%

From the list, Equity Funds are led by Philequity Fund with 7.99% gains (good thing I have investment with them) followed by Philequity PSE Index fund with 7.40%. Balanced funds leaders are ALFM Growth Fund – 5.63%, First Metro Save – 5.22%, and Philam Fund, Inc – 4.80%. Bond Funds top gainers were Prudentialife Fixed Income fund – 2.61%, Cocolife Fixed Income Fund – 2.57%, Sun Life Prosperity GS Fund – 2.06% and Sun Life Prosperity Bond Fund – 1.60%.

Foreign Currency Bond Fund high gainers were MAA Privelege Euro Fixed Income Fund – 8.84%, Grepalife Dollar Bond Fund – 7.82%, Sun Life Prosperity Dollar Abundance Fund – 7.18%.

As we can see, Foreing currency fundsĀ  were surpassing the peso denominated funds. Are these signs that foreign economies are now getting positive outlook? For me, these are strong signals that it is indeed the time to start investing in mutual funds.

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