Best and Worst Mutual Funds in the Philippines (January 2016)
Out of the 40 Peso-denominated mutual funds available in the country, only nine (9) managed to earn a positive return last month.
The rest suffered a loss, with most equity funds underperforming the benchmark Philippine Stock Exchange index (PSEi) which ended January 2016 with a -3.81% return.
Ranking solely based on generated returns, the top mutual funds in the Philippines, which earned the highest positive gains across all categories, are:
- Cocolife Fixed Income Fund: +0.51%
- Ekklesia Mutual Fund: +0.30%
- Grepalife Fixed Income Fund: +0.26%
- Soldivo Bond Fund: +0.25%
- ALFM Peso Bond Fund: +0.24%
- Philam Bond Fund: +0.24%
- Sun Life Prosperity Money Market Fund: +0.15%
- ALFM Money Market Fund: +0.12%
- Philam Managed Income Fund: +0.03%
Meanwhile, the top losing funds which generated the biggest losses in January 2016 are:
- ATRAM Alpha Opportunity Fund: -11.85%
- First Metro Save and Learn Equity Fund: -6.64%
- One Wealthy Nation Fund: -6.09%
- First Metro Save and Learn Balanced Fund: -5.33%
- Philequity Fund: -4.95%
- Sun Life Prosperity Philippine Equity Fund: -4.84%
- Philequity Dividend Yield Fund: -4.61%
- ATRAM Philippine Equity Opportunity Fund: -4.59%
- Soldivo Strategic Growth Fund: -4.38%
- United Fund: -4.22%
Here is an infographic that shows the visual summary of the performance of these mutual funds.
The complete list of Peso mutual funds in the Philippines, ranked from highest to lowest returns across categories, is as follows.
GAINS (LOSSES) OF PESO MUTUAL FUNDS IN THE PHILIPPINES
As of January 2016
|Mutual Fund Name||Jan. 2016 Performance||Mutual Fund Type|
|Cocolife Fixed Income Fund||+0.51%||Peso Bond Fund|
|Ekklesia Mutual Fund||+0.30%||Peso Bond Fund|
|Grepalife Fixed Income Fund||+0.26%||Peso Bond Fund|
|Soldivo Bond Fund||+0.25%||Peso Bond Fund|
|ALFM Peso Bond Fund||+0.24%||Peso Bond Fund|
|Philam Bond Fund||+0.24%||Peso Bond Fund|
|Sun Life Prosperity Money Market Fund||+0.15%||Peso Money Market Fund|
|ALFM Money Market Fund||+0.12%||Peso Money Market Fund|
|Philam Managed Income Fund||+0.03%||Peso Money Market Fund|
|First Metro Save and Learn Fixed Income Fund||-0.06%||Peso Bond Fund|
|Sun Life of Canada Prosperity Bond Fund||-0.11%||Peso Bond Fund|
|Grepalife Bond Fund||-0.20%||Peso Bond Fund|
|Sun Life Prosperity GS Fund||-0.28%||Peso Bond Fund|
|ATRAM Corporate Bond Fund||-0.31%||Peso Bond Fund|
|Philequity Peso Bond Fund||-0.48%||Peso Bond Fund|
|NCM Mutual Fund of the Phils.||-1.69%||Peso Balanced Fund|
|Bahay Pari Solidaritas Fund||-1.91%||Peso Balanced Fund|
|PAMI Horizon Fund||-2.09%||Peso Balanced Fund|
|Philam Fund||-2.14%||Peso Balanced Fund|
|Sun Life of Canada Prosperity Balanced Fund||-2.39%||Peso Balanced Fund|
|ATRAM Philippine Balanced Fund||-2.59%||Peso Balanced Fund|
|Sun Life Prosperity Dynamic Fund||-2.84%||Peso Balanced Fund|
|ATRAM Dynamic Allocation Fund||-3.35%||Peso Balanced Fund|
|Sun Life Prosperity Philippine Stock Index Fund||-3.65%||Peso Equity Fund|
|ALFM Growth Fund||-3.74%||Peso Equity Fund|
|Philippine Stock Exchange index (PSEi)||-3.81%||Benchmark PSEi Return|
|Philam Strategic Growth Fund||-3.82%||Peso Equity Fund|
|PAMI Equity Index Fund||-3.96%||Peso Equity Fund|
|Philippine Stock Index Fund||-3.96%||Peso Equity Fund|
|Philequity PSE Index Fund||-4.13%||Peso Equity Fund|
|United Fund||-4.22%||Peso Equity Fund|
|Soldivo Strategic Growth Fund||-4.38%||Peso Equity Fund|
|ATRAM Philippine Equity Opportunity Fund||-4.59%||Peso Equity Fund|
|Philequity Dividend Yield Fund||-4.61%||Peso Equity Fund|
|Sun Life Prosperity Philippine Equity Fund||-4.84%||Peso Equity Fund|
|Philequity Fund||-4.95%||Peso Equity Fund|
|First Metro Save and Learn Balanced Fund||-5.33%||Peso Balanced Fund|
|One Wealthy Nation Fund||-6.09%||Peso Balanced Fund|
|First Metro Save and Learn Equity Fund||-6.64%||Peso Equity Fund|
|ATRAM Alpha Opportunity Fund||-11.85%||Peso Equity Fund|
Recap: What are Mutual Funds?
Mutual Funds are pooled investment schemes where funds collected from a variety of investors are invested by professional fund managers in different asset classes such as stocks, bonds, and money market instruments, among others. Investors become shareholders, or part-owners of the company, enabling them to share in the distribution of profits, after deducting all fees and expenses related to fund management.
Recap: What are Exchange Traded Funds?
Exchange Traded Funds (ETFs), meanwhile, are open-ended investment companies that track a basket of assets and are traded on a stock exchange. At present, there is only one ETF in the country, tracking the Philippine Stock Exchange index (PSEi). As opposed to actively-managed funds, ETFs are passively managed because they merely attempt to mirror the performance of an index.
For more educational resources about Mutual Funds and ETF in the Philippines, check out the list at the bottom of this post!
Disclaimer: Our articles are only informative in nature and are not intended as a solicitation of investment. PinoyMoneyTalk does not endorse any of the funds listed above. Investors must conduct due diligence before a decision to invest is made. Be advised, too, that returns are not guaranteed and loss of capital is a possibility.
Let us also highlight that returns should not be used as sole criteria when investing. Although the rate of return is typically a good measure of performance, other factors such as the fund’s consistency of performance and exposure to risks must also be considered before investing. Consistency of performance refers to an ETF or mutual fund’s ability to generate expected returns over a long period of time. This is the reason why we also include the past 1-year, 3-year, and 5-year returns of each fund in the rankings above.
* Figures with a minus sign (-) denote a loss. All data are from the Philippine Investment Funds Association (PIFA).
Our easy-to-read guides on Mutual Funds and similar investment options:
- Introduction to Mutual Fund Investing
- Guide to UITF Investing
- Comparing Mutual Funds vs. UITF
- How to compute income in Mutual Fund companies
- PMT Discussion Forum on Mutual Funds
Our awesome primers on ETF: