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Mutual Funds Performance 2010 – Philippines

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Mutual Funds Philippines 2010 PerformanceSince the start of the new year 2011, stocks and mutual funds have suffered from minor losses. But forget that for now, while we look back at the satisfactory performance of Philippine mutual funds in 2010.

Last year, the full-year returns of most mutual funds are nominally comparable to their performance in 2009.

Although this doesn’t look like an achievement, it should be noted that the benchmark Philippine Stock Exchange index (PSEi) surged 63% in 2009 but grew by only 37.6% in 2010.

This means in 2010, only 1 out of 8 equity funds underperformed compared to the PSE index. In the case of Peso balanced funds, 5 out of 8 funds were able to beat the index performance.

For you to have an idea of the historical returns of Philippine mutual funds, we summarize below the 3-year performance of each mutual fund for the years ended 2010, 2009 and 2008.

PERFORMANCE REPORT OF PHILIPPINE MUTUAL FUNDS
For the Years Ended 2010, 2009 and 2008

Peso Stock Funds 2010 Rank 2010 Return 2009 Return 2008 Return
First Metro Save and Learn Equity Fund, Inc. 1 63.37% 53.11% (30.7%)
Philam Strategic Growth Fund, Inc. 2 55.81% 47.41% (38.13%)
Philequity Fund, Inc. 3 54.25% 64.99% (40.67%)
ATR KimEng Equity Opportunity Fund, Inc. 4 51.82% 42.91% (41.46%)
Sun Life Prosperity Phil. Equity Fund, Inc. 5 41.24% 43.52% (37.59%)
Philequity PSE Index Fund Inc. 6 38.04% 59.17% (40.75%)
Philippine Stock Index Fund Corp. 7 37.56% 61.93% (48.28%)
United Fund, Inc. 8 23.32% 25.00% (14.28%)


Peso Balanced Funds 2010 Rank 2010 Return 2009 Return 2008 Return
First Metro Save and Learn Balanced Fund Inc. 1 61.97% 45.36% (6.27%)
ALFM Growth Fund, Inc. 2 53.72% 63.25% New
Philam Fund, Inc. 3 48.67% 36.91% (32.52%)
GSIS Mutual Fund, Inc. 4 47.31% 36.76% (31.5%)
MFCP Kabuhayan Fund, Inc. 5 42.26% 23.6% (29.2%)
Sun Life Prosperity Balanced Fund, Inc. 6 30.67% 21.7% (23.75%)
Optima Balanced Fund, Inc. 7 27.4% 21.46% (23.89%)
Bahay Pari Solidaritas Fund, Inc. 8 -0.75% New New
NCM Mutual Fund of the Phils., Inc No data No data New New


Dollar Balanced Funds 2010 Rank 2010 Return 2009 Return 2008 Return
Sun Life Prosperity Dollar Advantage Fund, Inc. 1 4.71% 9.00% (8.68%)
Cocolife Dollar Fund Builder, Inc. No data No data New New


Peso Bond Funds 2010 Rank 2010 Return 2009 Return 2008 Return
Cocolife Fixed Income Fund, Inc. 1 11.99%  12.64% 5.26%
First Metro Save and Learn Fixed Income Fund, Inc. 2 11.56%  5.32% 2.33%
Sun Life Prosperity GS Fund, Inc. 3 10.93%  7.59% 0.57%
ALFM Peso Bond Fund, Inc. 4 9.07%  4.62% 4.26%
Philequity Peso Bond Fund, Inc. 5 8.79%  6.58% 2.33%
Sun Life Prosperity Bond Fund, Inc. 6 7.85%  5.58% 1.53%
Philam Bond Fund, Inc. 7 7.62%  5.52% 1.91%
Ekklesia Mutual Fund Inc. 8 6.54%  4.33% 1.96%
Grepalife Bond Fund Corporation 9 5.93% New New
Prudentialife Fixed Income Fund Inc. 10 5.1%  3.80% (5.0%)


Foreign Currency Bond Funds 2010 Rank 2010 Return 2009 Return 2008 Return
Philam Dollar Bond Fund, Inc. 1 8.97%  17.76% (7.44%)
Philequity Dollar Income Fund Inc. 2 7.46%  12.39% (0.71%)
Sun Life Prosperity Dollar Abundance Fund, Inc. 3 7.39%  16.30% (7.08%)
Grepalife Fixed Income Fund Corp. 4 6.98%  21.87% (3.44%)
Grepalife Dollar Bond Fund Corp. 5 6.46%  No data (7.18%)
ALFM Dollar Bond Fund, Inc. 6 6.06%  5.22% 1.97%
ALFM Euro Bond Fund, Inc. 7 4.86%  6.32% 0.08%
MAA Privilege Euro Fixed Income Fund, Inc. 8 4.64%  19.53% (13.87%)
PAMI Global Bond Fund, Inc 9 0.48%  New New
MAA Privilege Dollar Fixed Income Fund, Inc. 10 (2.23%) 8.66% (3.21%)
ATR KimEng Total Return Bond Fund Inc. No data No data New New


Peso Money Market Funds 2010 Rank 2010 Return 2009 Return 2008 Return
ALFM Money Market Fund, Inc. 1 3.76%  New New
Philam Managed Income Fund, Inc. 2 2.11%  1.77% New
First Metro Save and Learn Money Market Fund, Inc. 3 1.74%  1.04% New
Sun Life Prosperity Money Market Fund, Inc. 4 0.78%  1.39% 2.05%
ATR KimEng Money Market Fund, Inc. 5 0.46%  1.26% (5.12%)

* Figures in (xxx) denote a loss. All data from the Investment Company Association of the Philippines (ICAP).

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.

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About this post: top mutual funds philippines 2011, best mutual funds in the philippines 2011, mutual fund performance philippines, philippine mutual fund performance, best mutual fund Philippines 2011
  • I have FAMI SALEF and SALBF. It is really a good investment!

  • in

    what is happening to chief investment officer (CIO) of sunlife? not contented the performance of sunlife

  • Indeed, our local fund managers are very astute when it comes to investing. Imagine, the global financial crisis hit us not long ago, and yet, Philippine-based mutual funds posted impressive returns! I hope that many young Pinoy professionals will get into mutual fund investing and take advantage of this lucrative financial instrument. Kudos PinoyMoneyTalk.com.

  • looks sweet on paper, yet the legend is that the Philippines stock market is plagued with insiders, and the law is very obscure when it comes to foreigners.

  • JP

    Informative post. It would be interesting to also see 5 and 10 year return figures.

  • Linda Laguna

    It used to be a foregone conclusion that emerging market economies’ stock markets were much more volatile than the stable advanced democracies’. That being said, with what the American and European markets have been doing since 2007 there are few safe bets anymore. Personally, I put my money in money market funds as these are guaranteed and I have access to my money immediately if I need it.

  • thanks for this, at least it gives us ideas on the timing as to when to invest in mutual funds

  • Jan Chem

    hello what does it mean by 63.37% return in 2010. what is the period of that?

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