TO empower Filipinos and cater to their evolving wealth management needs, Pru Life UK Investments, the asset management company of Pru Life UK, has officially launched three new Unit Investment Trust Funds (UITFs) — PRUInvest PH Equity Index Tracker Fund, PRUInvest PHP Dynamic Equity Fund, and PRUInvest USD Intermediate Term Bond Fund.
These funds supplement the company’s portfolio of funds that cater to the long-term savings and investment needs of Filipinos.
“The launch of our new funds is in line with our mission to help Filipinos achieve their financial goals through tailored and best-in-class wealth solutions,” Pru Life UK Investments Director Lee Longa said.
“Demand for asset management and trust products is on the rise as consumers seek options to better manage their personal finances. With these funds, Filipinos can enjoy a flexible investment timeframe, professional fund management services and easy access to broader asset classes,” he added.
Aggressive investors who want to leverage the growth of the Philippine economy can take advantage of the PRUInvest PH Equity Index Tracker Fund. It is a multi-class equity fund that seeks to achieve investment returns by tracking the Philippine Stock Exchange Index performance.
Meanwhile, investors can also opt for the PRUInvest PHP Dynamic Equity Fund, which pursues long-term capital growth by investing in Philippine companies with strong growth potential. Pru Life UK Investments employs a systematic-based approach to determine which companies can consistently grow their income and increase shareholder value in the longterm.
Investors who value capital appreciation and income from their dollar assets can opt for PRUInvest USD Intermediate Term Bond Fund. This fund is designed to help investors achieve stable income with moderate growth by investing in a portfolio of liquid US dollar-denominated government bonds and fixed-income instruments.
The new funds complement the company’s existing offerings, including its two money market funds, PRUInvest PHP Liquid Fund and PRUInvest USD Liquid Fund, and three global funds, PRUInvest USD High Yield Asian Bond Feeder Fund, PRUInvest USD Global Market Balanced Fund of Funds and PRUInvest USD Global Technology Equity Feeder Fund.
Pru Life UK Investment’s PRUInvest funds provide customers with an ideal mix of investments in equity, fixed income and money markets. Investors can enjoy a high level of investment transparency through timely reports and updates, as well as the expertise of professional fund managers dedicated to generating the best potential returns for their customers.
The new funds have received regulatory approval from the Bangko Sentral ng Pilipinas in May 2019.
Thelaunch of these quality investment products is in line withPru Life UK’s “We DO Wealth” commitment to promoting wealth management and securing the financial future of Filipinos across the country.
