May 8, 2013
Philippine stocks, for example, continue to record brand-new highs as the Philippine Stock Exchange index (PSEi) posted a 21.65% year-to-date growth as of the end of April 2013. (See articles about Investing in the Philippine Stock Market)
Unit Investment Trust Funds or UITFs are also performing well. Most UITFs are beating benchmark indices, with equity funds beating the PSEi performance and bond funds recording unprecedented double-digit returns. (See Philippine UITF Returns, as of April 2013)
April 2, 2013
Exactly a year ago, in this same quarter, mutual fund companies in the Philippines earned record returns, with Equity and Balanced funds growing by 15-20% in just one quarter. (See 1st Quarter 2012 Performance of Philippine Mutual Funds)
This 2013, the same winning streak continued, with most mutual funds again generating above-average returns for investors. The trend of positive growth of investments in the Philippines is not just limited to mutual funds, though.
We have seen similar outstanding returns by Philippine stocks (See Philippine Stocks Performance in 1st Quarter 2013) and, in our next article on Unit Investment Trust Funds, we will see that UITFs are also making single- and double-digit growth.
March 8, 2013
We recently wrote about the year-to-date returns of Unit Investment Trust Funds (UITF) in the country. It has been our goal this year to provide our readers with regular updates about the performance of investment funds offered in the Philippines. This way, more Filipinos will learn about various investment options and ultimately take the opportunity to invest. This, we believe, helps advance our advocacy to spread financial literacy to the public.
February 4, 2013
In the past, we have religiously tracked the quarterly performance of mutual fund companies in the Philippines. We write about the year-to-date returns of these mutual funds at the end of each quarter and we summarize their performance in our annual year-end mutual fund performance summary.
But with a growing number of Filipinos starting to venture into mutual fund investing, the more necessary it becomes to have regular and more frequent mutual fund updates. Thus, starting this month, we will be posting the returns generated by each Philippine mutual fund at the end of every month.
January 4, 2013
Mutual fund companies ended the year 2012 on a high note, with no funds registering negative growth unlike in the previous years. This means no one experienced losses if they invested in any mutual fund from the start of the year until the end of last year, but the downside is that only a few funds managed to beat the benchmark index.
In 2011, for example, most equity mutual funds easily beat the 4.07% growth of the benchmark Philippine Stock Exchange index (PSEi). [See 2011 Returns of Philippine Mutual Funds]
October 2, 2012
Returns of Philippine mutual funds during the 3rd quarter of the year seem to have stagnated a bit, with most equity funds merely growing at the same quarterly pace of the benchmark Philippine Stock Exchange index (PSEi).
July 3, 2012
April 9, 2012
Are bullish times ahead?
Several market watchers seem to have this impression as the first quarter of the year 2012 ended on a high note. The benchmark Philippine Stock Exchange index (PSEi) closed the quarter up 18.63%, in stark contrast with its negative performance in the same period last year. On March 16, 2012, the PSEi even reached a new all-time high level of 5,145.89 points, signaling a resurgence of interest in local equities.
Equity mutual funds enjoyed good returns last quarter, although only two (2) out of eight (8) funds managed to beat the PSEi’s performance. Balanced mutual funds also performed well, with all funds registering double-digit returns at the end of the quarter. Returns of bond funds, on the other hand, slowed due to inflation concerns and shift in investors’ risk preference.
January 9, 2012
Despite the continuing economic crunch in the global markets, fueled by the European debt crisis and the United States’ troubled finances, the Philippines survived 2011 and managed to end the year with above-average performance.
While most equity markets around the world had negative growths in 2011, the Philippines closed the year with a 4.07% gain — the best performance of a stock market in Southeast Asia. Investment funds followed suit. Most Philippine mutual funds, for example, ended in positive territory.
But the year 2011 was the year of bonds and fixed-income funds. While only three out of eight equity funds managed to beat the benchmark Philippine Stock Exchange index, all but one peso bond funds successfully surpassed the performance of the equity index. The improving credit rating of the Philippines and investors’ risk aversion due to uncertainty in the global markets made bonds more attractive in 2011. Hence, bond funds registered an average return of 7.43% last year — better than the average return of 3.12% booked by equity funds.
October 4, 2011
Philippine mutual funds erased the gains earned during the 2nd Quarter of the year, ending the 3rd Quarter mostly down and underperforming the benchmark Philippine Stock Exchange index (PSEi).
Year to date, the PSEi is down 4.80% due to lingering problems in the U.S. economy coupled by uncertainty in the European region due to a possible loan default by Greece.
Below are the performance returns of Philippine mutual fund companies from January to September 2011.
(More Resources: Details on how to compute earnings in mutual funds. Click here for a primer on Philippine Mutual Funds. To find out the differences between Mutual Funds vs. UITFs, go here. Click here to know how to invest in Philippine mutual funds.)