Philippine Mutual Funds Report – 3rd Quarter 2009

Continuing the winning streak performance of the 2nd quarter, mutual funds in the Philippines have remained on the upswing by the end of the 3rd quarter of the year.

From January to September 2009, all equity (stock) funds have earned double-digit returns. On the average, the funds are up 37% from the start of the year.

The same is true for the rest of Balanced, Bond, and Money Market funds, with the exception of one Bond fund currently in the red.

The complete list of the performance of Philippine Mutual Funds from January to September 2009 below.

YEAR-TO-DATE PERFORMANCE OF MUTUAL FUNDS IN THE PHILIPPINES
As of the 3rd Quarter of 2009 (January to September 2009)

EQUITY FUNDS (primarily invested in Peso equity securities)

1. Philequity Fund – 54.39%
2. Philippine Stock Index Fund – 49.54%
3. Philequity PSE Index Fund – 46.91%
4. Philam Strategic Growth Fund – 40.40%
5. Sun Life Prosperity Phil. Equity Fund – 35.95%
6. First Metro Save and Learn Equity Fund – 34.85%
7. ATR KimEng Equity Opportunity Fund – 33.26%
8. DWS Deutsche Philippine Equity Fund – 22.33%
9. United Fund – 16.09%

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

1. ALFM Growth Fund – 58.07%
2. First Metro Save and Learn Balanced Fund Inc. – 31.9%
3. Philam Fund, Inc. - 31.16%
4. GSIS Mutual Fund – 30.89%
5. MFCP Kabuhayan Fund – 21.6%
6. Sun Life Prosperity Balanced Fund – 17.14%
7. Optima Balanced Fund – 16.57%
8. First Galleon Family Fund – 0.35%

FOREIGN CURRENCY-DENOMINATED BALANCED FUNDS

• Sun Life Prosperity Dollar Advantage Fund – 8.32%

BOND FUNDS (primarily invested in Peso debt securities)

1. Cocolife Fixed Income Fund – 7.52%
2. Sun Life Prosperity GS Fund – 5.57%
3. Philequity Peso Bond Fund – 5.30%
4. Sun Life Prosperity Bond Fund – 4.96%
5. Philam Bond Fund – 4.76%
6. First Metro Save and Learn Fixed Income Fund – 3.73%
7. Ekklesia Mutual Fund – 3.70%
8. Prudentialife Fixed Income Fund – 3.67%
9. ALFM Peso Bond Fund – 3.58%
10. DWS Deutsche Philippine Fixed Income Fund - (4.07%)

FOREIGN CURRENCY-DENOMINATED BOND FUNDS

1. Grepalife Dollar Bond Fund – 18.93%
2. Philam Dollar Bond Fund – 16.02%
3. MAA Privilege Euro Fixed Income Fund – 15.93%
4. Sun Life Prosperity Dollar Abundance Fund – 14.90%
5. Grepalife Fixed Income Fund Corp. – 11.36%
6. Philequity Dollar Income Fund – 9.17%
7. MAA Privilege Dollar Fixed Income Fund – 7.48%
8. AIG Global Bond Fund Phils. – 5.87%
9. ALFM Euro Bond Fund – 5.32%
10. ALFM Dollar Bond Fund – 3.87%

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

1. ATR KimEng Money Market Fund – 1.22%
2. Sun Life Prosperity Money Market Fund – 1.16%
3. Philam Managed Income Fund – 1.01%
4. First Metro Save and Learn Money Market Fund, Inc. – 0.89%

* Figures in (xxx) denote a loss. All data taken from the website of 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 of an investment instrument must also be assessed. Note also that past performance of a fund is not and cannot be a guarantee of future returns.

See also:

• Best and Worst PSE Stocks – 1st Quarter 2009
• All About Mutual Funds and Mutual Fund Investing
• 2008 Performance of Philippine Mutual Funds
• Discussion Forum: Mutual Funds and UITF