Sun Life Grepa Financial Inc., a major life insurance company in the Philippines, launched the new SLG Peso Global Tech Funds, allowing clients to benefit from the technology sector and invest in major global technology companies such as Apple, Amazon, Google, Microsoft, Meta and Tesla.
The SLG Peso Global Tech Funds can be availed as a fund option to any Sun Life Grepa peso-denominated investment-linked insurance plans.
It offers two variants—SLG Peso Global Tech Growth Fund, which aims to provide long-term capital appreciation through accumulation of earnings over time and SLG Peso Global Tech Payout Fund, which aims to generate potential streams of income to be given to the client on a quarterly basis.
These new fund options highlight Sun Life Grepa’s commitment to providing solutions that reflect market trends while focusing on the needs of its clients, the company said.
“The technology sector has been one of the biggest drivers of growth and innovation globally. Through the SLG Peso Global Tech Funds, we are giving our clients access to this dynamic sector and the chance to benefit from its long-term potential,” said Sun Life Grepa president Richard Lim.
“By offering these new funds as part of our life insurance products, clients enjoy the dual benefits of investment growth potential and the safety net of guaranteed life insurance coverage, ensuring financial security and peace of mind for their loved ones,” said Lim.
The funds will operate as feeder funds, with initial investments directed into the Invesco Nasdaq-100 Exchange-Traded Fund, which mirrors the performance of the NASDAQ-100 Index. Notably, this index has consistently outperformed the Philippine Stock Exchange Index over the past decade.
Lim stressed the importance of balancing growth and security in these funds. “We understand that people have different financial goals. With the SLG Peso Global Tech Funds, we are able to provide both options, allowing our clients to choose what fits their financial strategy best,” he said.
