Best Performing Mutual Funds (2nd Quarter 2008)

Here is a list of mutual funds in the country ranked according to their performance from the start of 2008 until the end of the second quarter (end-June 2008).

The rate of return is usually a good measure of performance, but do note that other things such as consistency of return and exposure to risks need to be assessed before you make a placement in any investment fund.

Past performance is not always indicative of future performance.

Gross returns of mutual funds in the Philippines from January to June 2008 below.

Year-to-Date (YTD) Performance of Philippine Mutual Funds (as of 2nd Quarter 2008)

Equity Funds (primarily invested in Peso equity securities)

1. United Fund – (10.21%)
2. First Metro Save and Learn Equity Fund – (17.91%)
3. ATR KimEng Equity Opportunity Fund – (22.87%)
4. Sun Life Prosperity Phil. Equity Fund – (25.48%)
5. Philequity PSE Index Fund – (25.79%)
6. Philequity Fund – (26.77%)
7. Philam Strategic Growth Fund – (26.92%)
8. Philippine Stock Index Fund – (32.06%)

Balanced Funds (primarily invested in Peso debt and equity securities)

1. First Metro Save and Learn Balanced Fund Inc. – 1.29%
2. First Galleon Family Fund – 0.28%
3. Optima Balanced Fund – (16.9%)
4. MFCP Kabuhayan Fund – (17.09%)
5. Sun Life Prosperity Balanced Fund – (18.96%)
6. GSIS Mutual Fund – (23.23%)
7. Philam Fund, Inc. - (24.02%)

Foreign Currency-denominated Balanced Funds

• Sun Life Prosperity Dollar Advantage Fund – (3.96%)

Bond Funds (primarily invested in Peso debt securities)

1. Cocolife Fixed Income Fund – 1.94%
2. ALFM Peso Bond Fund – 1.24%
3. Philam Managed Income Fund – 0.77%
4. Ekklesia Mutual Fund – 0.49%
5. First Metro Save and Learn Fixed Income Fund – (0.42%)
6. Legacy GS Fund – (0.85%)
7. Sun Life Prosperity Bond Fund – (1.56%)
8. Philam Bond Fund – (3.15%)
9. Prudentialife Fixed Income Fund – (5.41%)
10. Sun Life Prosperity GS Fund – (7.39%)

Foreign Currency-denominated Bond Funds

1. AIG Global Bond Fund Phils. – 2.16%
2. ALFM Dollar Bond Fund – 1.48%
3. Philequity Dollar Income Fund – 0.38%
4. ALFM Euro Bond Fund – 0.36%
5. Grepalife Fixed Income Fund Corp. – (0.10%)
6. Philam Dollar Bond Fund – (1.12%)
7. Grepalife Dollar Bond Fund – (1.67%)
8. MAA Privilege Dollar Fixed Income Fund – (2.77%)
9. MAA Privilege Euro Fixed Income Fund – (5.66%)
10. Sun Life Prosperity Dollar Abundance Fund – (6.70%)

Money Market Funds (primarily invested in short-term Peso securities)

1. Philequity Money Market Fund – (0.82%)
2. Legacy TD Fund – (0.84%)
3. Sun Life Prosperity Money Market Fund – (0.92%)
4. ATR KimEng Money Market Fund – (5.29%)

* Figures in (xxx) denote a loss.

All figures taken from the Investment Company Association of the Philippines website (www.icap.com.ph).

To learn more about mutual fund investing, visit the Mutual Funds section of this site.

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