Mutual Funds Philippines – 2nd Quarter 2011 Performance

The performance of Philippine mutual fund companies picked up during the 2nd Quarter of 2011, wiping out losses incurred during the first three months of the year.

While most funds were on the red during the 1st Quarter, at the end of June 2011, a majority of funds were beating the 1.80% year-to-date performance of the benchmark Philippine Stock Exchange index (PSEi).

Compare this with the performance of Unit Investment Trust Funds (UITF) in the same period.

Below is the list of returns booked by Philippine mutual fund companies from January to June 2011.

(For details on how to compute earnings in mutual funds, click here. View here a primer on Mutual Funds. For a discussion on the differences between Mutual Funds vs. UITFs, go here.)

YEAR-TO-DATE PERFORMANCE OF MUTUAL FUNDS IN THE PHILIPPINES
As of the 2nd Quarter of 2011 (January to June 2011)

EQUITY FUNDS (primarily invested in Peso equity securities)

1. Philequity PSE Index Fund – 4.36%
2. Sun Life Prosperity Phil. Equity Fund – 4.14%
3. Philequity Fund – 3.48%
4. Philam Strategic Growth Fund – 1.67%
5. Philippine Stock Index Fund – 1.15%
6. First Metro Save and Learn Equity Fund – 0.80%
7. ATR KimEng Equity Opportunity Fund – 0.61%
8. United Fund – (5.48%)

FOREIGN CURRENCY-DENOMINATED EQUITY FUND

• ATR KimEng AsiaPlus Recovery Fund – (0.45%)

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

1. Sun Life Prosperity Balanced Fund – 3.30%
2. Optima Balanced Fund – 3.08%
3. GSIS Mutual Fund – 1.64%
4. Philam Fund, Inc. – 1.25%
5. Bahay Pari Solidaritas Fund – 0.96%
6. NCM Mutual Fund of the Phils. – 0.83%
7. First Metro Save and Learn Balanced Fund Inc. – (0.52%)
8. MFCP Kabuhayan Fund – (0.63%)
9. ALFM Growth Fund – (2.16%)

FOREIGN CURRENCY-DENOMINATED BALANCED FUNDS

1. Cocolife Dollar Fund Builder – 4.79%
2. Sun Life Prosperity Dollar Advantage Fund – 0.92%
3. PAMI Asia Balanced Fund – 0.86%

BOND FUNDS (primarily invested in Peso debt securities)

1. Cocolife Fixed Income Fund – 3.20%
2. Philequity Peso Bond Fund – 1.55%
3. First Metro Save and Learn Fixed Income Fund – 1.25%
4. Sun Life Prosperity Bond Fund – 1.01%
5. Philam Bond Fund – 0.98%
6. Ekklesia Mutual Fund -0.67%
7. ALFM Peso Bond Fund – 0.60%
8. Sun Life Prosperity GS Fund – (0.17%)
9. Prudentialife Fixed Income Fund – (0.66%)
10. Grepalife Bond Fund Corporation – No data

FOREIGN CURRENCY-DENOMINATED BOND FUNDS

1. PAMI Global Bond Fund – 2.49%
2. Philequity Dollar Income Fund -2.32%
3. ALFM Dollar Bond Fund – 1.86%
4. Grepalife Dollar Bond Fund -1.72%
5. Grepalife Fixed Income Fund Corp. – 1.38%
6. Philam Dollar Bond Fund – 1.09%
7. MAA Privilege Dollar Fixed Income Fund – 0.76%
8. Sun Life Prosperity Dollar Abundance Fund – 0.72%
9. ATR KimEng Total Return Bond Fund – (0.89%)
10. ALFM Euro Bond Fund - (1.24%)
11. MAA Privilege Euro Fixed Income Fund – (3.02%)

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

1. ALFM Money Market Fund – 1.14%
2. First Metro Save and Learn Money Market Fund, Inc. – 0.59%
3. ATR KimEng Money Market Fund – 0.33%
4. Sun Life Prosperity Money Market Fund – 0.12%
5. Philam Managed Income Fund – 0.07%

* Figures in (xxx) denote a loss. All data are from the Investment Company Association of the Philippines.

Disclaimer: Although the rate of return is a good measure of performance, other things such as consistency of return and exposure to risks must also be considered. Note that past performance of a fund is not and cannot be a guarantee of future returns.

See also:

• About Mutual Funds and Mutual Fund Investing
• 2010 Performance of Philippine Mutual Funds
• 2010 Performance of Unit Investment Trust Funds (UITF)
• Discussion Forum: Mutual Funds and UITF

Topic keywords for this post:

• mutual funds philippines performance 2011
• where to invest mutual funds in the philippines
• top 10 mutual fund companies in the philippines
• philippine mutual funds performance 2011
• top 10 mutual funds in the philippines 2011
• best performing mutual funds in the philippines 2011
• mutual funds performance 2011 philippines
• philippine mutual fund performance 2011
• icap