spot_img
29.6 C
Philippines
Wednesday, April 24, 2024

Philam cites best performing fund

- Advertisement -

Philam Asset Management’s PAMI Asia Balanced Fund surpassed 17-percent returns as of Oct. 30, making it the best performing fund to date.  

PABF is for moderate investors who want to invest in a fund with a more flexible dollar denominated portfolio, which is allocated to the Asian Equity and Fixed Income Market. Given that the fund is invested in equities and debt securities of Asian issuers in the region, it is geared towards long-term capital appreciation and stable income.  

“What sets our PABF fund apart from other funds is its unique portfolio mix. There’s nothing like it in the current market,” said Michelle Villanueva, head of products and marketing for PAMI. 

“Combined with our award-winning fund managers and our company’s track record of being one of Asia’s top Investment Houses, this is an ideal opportunity for investors to enjoy dollar-denominated earnings,” she said.

Since January, PABF has been overweight on equities, complemented by the strong performance of Asia (excluding Japan) and China’s growth stabilization.  This led to strong emerging market inflows, particularly in the technology, e-commerce, banking and property sectors of China, Korea, Singapore, and Australia.

- Advertisement -

“The best part is that it is quite easy to invest in the PABF. All it takes is a minimum of $200 and subsequent top-ups can go as low as $50,” Villanueva said.

“For a relatively low entry point, PAMI allows investors to access international markets,” she said.

 

- Advertisement -

LATEST NEWS

Popular Articles