Performance of Philippine Mutual Funds – 1st Quarter 2011

Mutual funds in the Philippines were off to a not-so-good start in 2011, as most funds registered negative returns during the first quarter of the year.

This was in stark contrast to the funds’ performance during the similar period last year, wherein all but one mutual fund were in positive territory.

Here’s to hoping this weak performance won’t continue for the rest of the year.

(For details on how to compute earnings in mutual funds, click here. For a primer on Mutual Funds, click here. 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 1st Quarter of 2011 (January to March 2011)

EQUITY FUNDS (primarily invested in Peso equity securities)

1. Sun Life Prosperity Phil. Equity Fund – (1.18%)
2. Philequity PSE Index Fund – (1.31%)
3. Philequity Fund – (1.52%)
4. United Fund – (2.11%)
5. Philam Strategic Growth Fund – (2.78%)
6. Philippine Stock Index Fund – (4.18%)
7. First Metro Save and Learn Equity Fund – (4.86%)
8. ATR KimEng Equity Opportunity Fund – (5.46%)

FOREIGN CURRENCY-DENOMINATED EQUITY FUND

• ATR KimEng AsiaPlus Recovery Fund – (0.05%)

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

1. Sun Life Prosperity Balanced Fund – (1.51%)
2. Optima Balanced Fund - (2.29%)
3. Bahay Pari Solidaritas Fund – (2.79%)
4. GSIS Mutual Fund - (2.82%)
5. Philam Fund, Inc. – (2.82%)
6. NCM Mutual Fund of the Phils. – (2.86%)
7. First Metro Save and Learn Balanced Fund Inc. – (5.16%)
8. MFCP Kabuhayan Fund – (5.90%)
9. ALFM Growth Fund – (6.74%)

FOREIGN CURRENCY-DENOMINATED BALANCED FUNDS

1. Cocolife Dollar Fund Builder – 0.68%
2. Sun Life Prosperity Dollar Advantage Fund – 0.19%

BOND FUNDS (primarily invested in Peso debt securities)

1. Cocolife Fixed Income Fund – 1.33%
2. First Metro Save and Learn Fixed Income Fund – (0.13%)
3. Grepalife Bond Fund Corporation – (0.24%)
4. ALFM Peso Bond Fund – (0.37%)
5. Philequity Peso Bond Fund – (0.82%)
6. Sun Life Prosperity Bond Fund – (1.00%)
7. Ekklesia Mutual Fund – (1.28%)
8. Philam Bond Fund – (1.32%)
9. Prudentialife Fixed Income Fund - (3.01%)
10. Sun Life Prosperity GS Fund – (3.06%)

FOREIGN CURRENCY-DENOMINATED BOND FUNDS

1. PAMI Global Bond Fund – 0.41%
2. Philequity Dollar Income Fund – 0.02%
3. ALFM Dollar Bond Fund – (0.04%)
4. Grepalife Fixed Income Fund Corp. – (0.22%)
5. Grepalife Dollar Bond Fund – (0.31%)
6. Sun Life Prosperity Dollar Abundance Fund – (0.90%)
7. Philam Dollar Bond Fund – (0.93%)
8. ATR KimEng Total Return Bond Fund – (1.35%)
9. ALFM Euro Bond Fund – (1.73%)
10. MAA Privilege Euro Fixed Income Fund - (2.90%)
11. MAA Privilege Dollar Fixed Income Fund – (4.76%)

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

1. ALFM Money Market Fund – 0.41%
2. ATR KimEng Money Market Fund – 0.34%
3. First Metro Save and Learn Money Market Fund, Inc. – 0.29%
4. Philam Managed Income Fund – 0.14%
5. Sun Life Prosperity Money Market Fund – 0%

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

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 fund performance 2011 philippines
• best mutual fund in the philippines 2011
• Philippine investment funds association
• mutual fund performance 2011
• best mutual funds in philippines 2011
• best performing mutual funds philippines 2011
• best performing mutual funds 2011 philippines
• mutual funds performance 2011
• top performing mutual funds philippines 2011
• philippine equity funds returns