Best Performing Philippine Bond Mutual Funds (as of May 2007)

Note: When analyzing mutual funds, you should not simply look at the NAVPS or Net Asset Value per Share. This number does not necessarily tell you whether the fund is performing well or not, but the change of the NAVPS over time does. Never assume that a fund with a high NAVPS means it is generating high returns. You need to look at actual returns of the fund over a certain time period. But then again, be reminded that past performance is and will never be a guarantee of future results.

Click “Read More” to view the performance results of the best Peso Bond Mutual Funds in the Philippines.

PESO BOND FUNDS

The top 5 Peso-denominated Bond Mutual Funds in terms of Year-to-Date (January to May 2007) returns are:

• Cocolife Fixed Income Fund, Inc. – 3.02%
• Prudentialife Fixed Income Fund, Inc. - 1.65%
• Sun Life Prosperity Bond Fund, Inc. - 1.38%
• ALFM Peso Bond Fund, Inc. - 1.23%
• Philam Bond Fund, Inc. - 0.63%

Meanwhile, the 3 worst-performing funds in terms of YTD returns are:

• ATR-Kim Eng Fixed Income Fund – (2.13%)
• Philam Managed Income Fund - (1.14%)
• Legacy TD Fund, Inc. - (0.73%)

In terms of monthly growth, however, that is increase in NAVPS from April to May 2007, the best performing peso bond funds are:

• Philam Managed Income Fund – 1.15%
• Prudentialife Fixed Income Fund, Inc. – 1.13%
• Philam Bond Fund, Inc. – 0.51%

Click HERE for a high-resolution image of the graph.

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US DOLLAR BOND FUNDS

The top 3 US Dollar-denominated Bond Mutual Funds in terms of Year-to-Date (January to May 2007) returns are:

• Philequity Dollar Income Fund, Inc. – 2.41%
• ALFM Dollar Bond Fund, Inc. – 2.31%
• Philam Dollar Bond Fund, Inc. – 2.28%

In terms of monthly growth, however, that is increase in NAVPS from April to May 2007, the best performing US Dollar bond funds are:

• Sun Life Prosperity Dollar Abundance Fund – 0.66%
• Philam Dollar Bond Fund, Inc. – 0.54%
• MAA Privilege Dollar Fixed Income Fund, Inc. – 0.50%

Click HERE for a high-resolution image of the graph.

Discuss Bond Mutual Funds in the Mutual Funds and UITF board in the PMT Forum.

All figures were taken from the Investment Company of the Philippines (ICAP) site at www.icap.com.ph. Please report any errors or omissions in the preceding graphs so we can rectify it accordingly.

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