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.
And so, we now bring you the year-to-date performance of Mutual Funds, as of the end of February 2013. In our January mutual fund update, we saw most funds generate positive returns, although not all of them were able to beat their respective benchmark indices.
This month, the winning streak continued for most Peso-denominated funds, while some Dollar-denominated funds lost value primarily due to volatile fluctuations in the exchange rate. In the case of Peso Equity Funds, one-third of the funds earned returns higher than the 14.27% year-to-date performance of the Philippine Stock Exchange index (PSEi).
Overall, though, mutual funds still provided better yields for investors who opted for these instruments rather than the traditional savings or time deposit accounts offered by banks. We just hope this positive performance continues until the end of the year.
To learn more about various investment options, here are some quick tutorials that you can read.
- Introduction to Mutual Fund Investing
- Guide to UITF Investing
- Comparing Mutual Funds vs. Unit Investment Trust Funds (UITF)
- PMT Discussion Forum on Mutual Funds
Be advised that our articles are for information purposes only and are not meant to solicit any investment. We also do not endorse any of the funds listed below. Investors must conduct due diligence before making the decision to invest. Returns in these funds are not guaranteed and loss of capital is a possibility.
Having laid out that disclaimer, we now summarize below the year-to-date, 1-year- 3-year, and 5-year returns of all mutual fund companies in the country.
PHILIPPINE MUTUAL FUNDS PERFORMANCE
Year-to-Date Returns, as of February 2013
(From January 2, 2013 until February 28, 2013)
|PESO STOCK FUNDS||Feb. 2013 YTD Return||1 yr. Return||3 yr. Return||5 yr. Return|
|Philippine Stock Index Fund||15.52%||38.82%||30.68%||16.76%|
|ATRKE Alpha Opportunity Fund||14.99%||N.A.||N.A.||N.A.|
|Sun Life Prosperity Philippine Equity Fund||14.03%||38.27%||29.9%||17.42%|
|Philequity PSE Index Fund||13.86%||34.82%||29.74%||18.5%|
|Philam Strategic Growth Fund||13.55%||29.59%||30.97%||19.42%|
|First Metro Save and Learn Equity Fund||12.57%||31.76%||36.02%||24.54%|
|ATRKE Equity Opportunity Fund||10.10%||30.07%||26.67%||14.77%|
|DOLLAR STOCK FUNDS|
|ATR KimEng AsiaPlus Recovery Fund||2.85%||0.9%||N.A.||N.A.|
|PESO BALANCED FUNDS|
|PAMI Horizon Fund||11.77%||22.79%||25.97%||16.66%|
|First Metro Save and Learn Balanced Fund||11.26%||28.4%||33.68%||26.49%|
|Sun Life of Canada Prosperity Balanced Fund||11.01%||28.52%||23.47%||13.82%|
|NCM Mutual Fund of the Phils.||10.71%||21.68%||N.A.||N.A.|
|ALFM Growth Fund||10.12%||15.23%||26.88%||N.A.|
|Optima Balanced Fund||9.31%||28.32%||22.51%||13.45%|
|ATRKE Philippine Balanced Fund||8.18%||24.34%||21.2%||11.95%|
|Bahay Pari Solidaritas Fund||7.33%||19.54%||21.93%||N.A.|
|DOLLAR BALANCED FUNDS|
|PAMI Asia Balanced Fund||1.97%||4.94%||N.A.||N.A.|
|Sun Life Prosperity Dollar Advantage Fund||1.19%||5.03%||4.58%||2.86%|
|Cocolife Dollar Fund Builder||0.06%||8.11%||N.A.||N.A.|
|PESO BOND FUNDS|
|Philequity Peso Bond Fund||7.50%||13.1%||10.67%||8.41%|
|Philam Bond Fund||5.54%||13.45%||10.03%||7.79%|
|Grepalife Bond Fund Corporation||5.37%||17.41%||8.86%||N.A.|
|Sun Life of Canada Prosperity Bond Fund||4.17%||8.12%||8.56%||6.73%|
|Sun Life Prosperity GS Fund||3.99%||8.14%||8.58%||7.35%|
|Prudentialife Fixed Income Fund||3.97%||9.67%||6.47%||4.3%|
|Ekklesia Mutual Fund||3.87%||8.37%||9.1%||6.94%|
|First Metro Save and Learn Fixed Income Fund||3.08%||11.77%||12.82%||9.48%|
|ALFM Peso Bond Fund||2.94%||7.27%||8.03%||6.62%|
|Cocolife Fixed Income Fund||1.16%||6.78%||9.21%||8.87%|
|FOREIGN CURRENCY BOND FUNDS|
|Grepalife Fixed Income Fund Corp.||5.94%||11.77%||8.29%||6.51%|
|MAA Privilege Euro Fixed Income Fund||0.31%||N.A.||N.A.||N.A.|
|ALFM Euro Bond Fund||0.19%||7.12%||4.26%||3.98%|
|ALFM Dollar Bond Fund||-0.37%||6.72%||6.44%||5.16%|
|ATR KimEng Total Return Bond Fund||-0.44%||2.53%||N.A.||N.A.|
|Philequity Dollar Income Fund||-0.65%||7.37%||8.05%||7.18%|
|Grepalife Dollar Bond Fund Corp.||-1.17%||14.33%||7.66%||7.29%|
|PAMI Global Bond Fund||-2.32%||-2.34%||1.42%||2.00%|
|Philam Dollar Bond Fund||-2.90%||5.56%||6.97%||6.14%|
|Sun Life Prosperity Dollar Abundance Fund||-3.01%||3.97%||7.08%||6.11%|
|MAA Privilege Dollar Fixed Income Fund||-3.19%||4.19%||3.46%||2.74%|
|PESO MONEY MARKET FUNDS|
|ALFM Money Market Fund||0.57%||3.27%||3.55%||N.A.|
|Philam Managed Income Fund||0.37%||2.29%||1.87%||1.79%|
|First Metro Save and Learn Money Market Fund||0.27%||2.09%||1.83%||N.A.|
|Sun Life Prosperity Money Market Fund||-0.11%||0.16%||0.42%||0.91%|
* Figures with a minus sign (-) denote a loss. All data are from the Philippine Investment Funds Association.
Disclaimer: Although a fund’s rate of return is a typical measure of performance, other factors 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. PinoyMoneyTalk.com does not endorse any of the funds listed above. Use prudence and due diligence before making the decision to invest.
Here are some more useful resources:
- Performance of Mutual Funds in the Philippines
- Performance of UITFs in the Philippines
- PMT Discussion Forum on Mutual Funds