Sun Life assets grow to 41B

CEBU, Philippines - Sun Life Asset Management Company Inc. (SLAMCI) is off to a good start as its assets under management as of December 2013 has grown to P41.13 billion – a 43 percent increase compared to the same period of last year.

Gross sales also increased by 157%  to P25 billion in 2013.

SLAMCI manages a total of seven funds collectively called the Sun Life Prosperity Funds, which include the bond fund, balanced fund, equity fund, money market fund, GS (government securities), dollar advantage, and dollar abundance. Its balanced fund remains to be the largest in the country, with P16.23 billion assets under management as of December 2013.

“We’re excited to be starting off the year with remarkable numbers. It sets a good momentum for 2014 and we trust that it will get even better in the coming months,” said SLAMCI President Riena Pama.

Plans have been put into place to ensure that this will happen. For starters, SLAMCI is bringing back its highly-successful “Invest and Travel” promo, wherein qualified investors are rewarded with staycation treats and travel packages to destinations such as Sydney, San Francisco, and Los Angeles. To further sweeten the pot, all the packages are good for two persons, so the investor can share the experience with a loved one.

The “Invest and Travel” promo will run for the entire year, from January 3 until December 29, 2014.

“We’re bringing back this promo because it has always been a hit among our investors, and SLAMCI is always eager to make the experience of investing a good one for all our clients,” Pama said.

Late last year, SLAMCI also launched MF Online, an online facility designed to make investing for convenient for clients as it allows them to perform transactions without having to fax documents nor visit a customer center.  (FREEMAN)