The year 2018 has become synonymous with inflation for Filipinos. The uncertainty of whether the peso and the price of leading commodities will ever become stable have made Filipinos more skeptical in investing their money.
It seems that Pinoys prefer to just save their money in banks or in piggy banks because they fear that the rollercoaster-like changes in the market might put their hard-earned money in jeopardy.
But then again, the struggle isn't permanent as economists predict a brighter future for the Philippine economy. According to Mr. Michael D. Enriquez, Chief Investments Officer of Sun Life Financial - Philippines, the approval of TRABAHO and Rice Tariff Bill and inflation finally slowing down during the last quarter of the year promises a better condition for the economy.
The Right Time to Invest
As things slowly pick up in the market, the best time to invest looks to be the earliest part of 2019. As Sun Life introduces Prosperity Achiever Funds, a new product that will be available to interested investors by January 2019.
To make it simpler and easier to understand, it is like putting your money in a trust fund that gives you the freedom to decide how long you want to keep it there. This means that investors will be able to achieve their financial goals according to their desired date.
Prosperity Achiever Funds
A pioneer offering in the Philippines, the Achiever Funds is a choice of target-date mutual funds which seeks to grow assets over a specific period of time. This means that the investors have a choice on what specific goal they want to save for in the future such as travel, education, or retirement.
Three options are available: Achiever Fund 2028, Achiever Fund 2038, and Achiever Fund 2048.
Achiever Fund 2028 is ideal for those who have a 10-year investment goals. Whether it's a purchase of a car, putting up a small business, or even repairingyour home.
Achiever Fund 2038 is suitable for investors with a 20-year goal. Those in their 30's or 40's who plans to fund their kids' education, travel, purchase a house or any goal that has a 20 year horizon.
Achiever Fund 2048 on the other hand makes the best choice for those with a 30-year investment goal. For investors in their 20's and 30's that plan to achieve milestones or prepare for early retirement, this is the right investment to choose.
Easier to Focus
The new Sun Life product makes 2019 a year to look forward to for Filipinos. With our conservative outlook on finances, the Achiever Fund creates an impression that your money is being put into a savings that is more of a Filipino way.
What makes it doubly easy is that professional fund managers will take care of your investments. To know more about this product that is set to be introduced to the public by January 2019, watch the video below.
There is more to learn about the Sun Life Prosperity Achiever Fund, to know more, visit www.sunlife.com.ph.
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