Best Performing Philippine Balanced Mutual Funds (as of July 2007)

Note: When analyzing mutual funds, do not simply look at the NAVPS or Net Asset Value per Share. This number does not necessarily say whether the fund is performing well or not. The change of the NAVPS over time does. Never assume that a fund with high NAVPS means it is generating high returns. Actual historical returns can be used to gauge performance but be reminded as well that past performance is and will never be a guarantee of future results.

Click “Read More” to view the performance results of the best Philippine Balanced Mutual Funds.

In July 2007, Philippine Balanced Mutual Funds tracked the performance of Equity Mutual Funds. All funds declined in value, with the exception of First Galleon Family Fund, Inc. which inched up slightly.

Two new Balanced Funds were launched in June — Prudential Life’s Optima Balanced Fund, Inc. and First Metro Investment Corporation’s First Metro Save and Learn Balanced Fund Inc. — and their first monthly return is reported here.

The top 3 Balanced Mutual Funds in terms of Year-to-Date (i.e., January to July 2007) returns are:

• GSIS Kinabukasan Fund – 20.10%
• Philam Fund, Inc. – 17.56%
• Sun Life Prosperity Balanced Fund, Inc. – 14.76%

In terms of monthly growth (or change in NAVPS) from June to July 2007, the best performing funds are:

• First Galleon Family Fund, Inc. – 0.01%
• Sun Life Prosperity Balanced Fund, Inc. – (1.11%)
• MFCP Kabuhayan Fund – (2.64%)

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

Discuss Balanced 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.