BPI Asset Management and Trust Corp., the wealth management arm of the Bank of the Philippine Islands, reported remarkable performance among its unit investment trust funds, collectively known as BPI Invest.
Exhibiting resilience amid the headwinds that came with the pandemic, among its roster of top-performing funds this year are BPI Invest Global Equity Fund-of-Funds, BPI Invest Philippine Infrastructure Equity Index Fund, BPI Invest US Dollar Short Term Fund, and BPI Invest Money Market Fund.
“Investing in 2021 presented unique challenges. The world economy was earlier anticipated to be fully reopened by this year as the life-saving vaccines became available globally. Instead, the world faced two new COVID-19 virus variants, bringing back lockdowns and market volatility. Investors who remained invested in diversified assets through these uncertain times saw their portfolio yield positive rewards, at a time when current market yields have remained low,” said BPI AMTC chief investment officer Smith Chua.
“Over the long term, this pandemic is expected to significantly change how we live and work. We are optimistic that people and companies will be able to adapt in order to make them more resilient,” said Chua.