If you are a Mutual Funds investor like me, you will be monitoring your mutual fund performance at least once a month. So, here are the top mutual funds in the Philippines for January of 2013. The basis for ranking is individual mutual funds’ YTD (Year-To-Date). Meaning if you have invested at the start of January 2013, the gain or loss for the mutual fund you invested with will be the one shown below.
For example, you have invested with First Metro Save and Learn Equity Fund,Inc. which has a YTD value of 5.9%, your investment will already have that value at this time of the year. If you have invested PhP 100,000 during the start of the year, your earnings will be close to PhP 5,900.
Top # 9 - United Fund, Inc. at 4.5 % YTD
United Fund Inc. is an open-end mutual fund registered in Philippines. The Fund is catered towards both large and small investors. It engages in the sale of its share of stocks and the investment of the proceeds thereof in a diversified portfolio of fixed-income and equity securities. (http://www.ucpb.com/)
Top # 8 - ATRKE Equity Opportunity Fund, Inc. at 5.25% YTD
ATRKE Equity Opportunity Fund is an open-end investment fund established in the Philippines. The Fund aims for absolute return and capital appreciation. The Fund applies a value-style investing approach when investing in equity securities. (http://www.atram.com.ph/)
Top # 7 - First Metro Save and Learn Equity Fund,Inc. at 5.9% YTD
First Metro Save & Learn Equity Fund is an open-end incorporated in the Philippines. The Fund’s objective is to seek long-term capital appreciation. The Fund invests primarily in carefully selected listed and non-listed equity securities. (http://www.firstmetrofunds.com.ph/)
Top # 6 - Philequity PSE Index Fund Inc. at 6.66% YTD
Philequity PSE Index Fund is an open-end fund incorporated in the Philippines. The Fund’s objective is to generate income and achieve short-term capital apprreciation by matching the PSE benchmark Index. The Fund invests in the Index stocks. (http://www.philequity.net/)
Top # 5 - Philippine Stock Index Fund Corp. at 7.33 % YTD
Philippine Stock Index Fund is a Mutual Fund incorporated in the Philippines. The Fund’s objective is to provide investment returns that closely correspond to the performance of the Philippine Stock Exchange Index (PSEi). The Fund invests substantially in a basket of stocks included in the index. (http://www.bpiexpressonline.com/)
Top # 4 - Philequity Fund, Inc. at 7.53% YTD
Philequity Fund is an open-ended fund registered in the Philippines. The objective of the Fund is to obtain capital appreciation by investing in a portfolio comprised of first tier Philippine equity securities. (http://www.philequity.net/)
Top # 3 - ATRKE Alpha Opportunity Fund, Inc. at 7.89% YTD
ATRKE Alpha Opportunity Fund is an open-end investment fund established in the Philippines. The Fund aims to achieve capital growth through flexible and dynamic asset allocation. The Fund invests mainly in Philippine small-cap equities. (http://www.atram.com.ph/)
Top # 2 - Philam Strategic Growth Fund, Inc. at 8.28% YTD
Philam Strategic Growth Fund is an open-end fund registered in Philippines. The objective of the Fund is to obtain superior long-term capital growth through a professionally managed equity portfolio. (http://www.philamfunds.com/)
Top # 1 - Sun Life Prosperity Philippine Equity Fund, Inc. at 8.53% YTD
Sun Life Prosperity Philippine Equity Fund Inc is an open-end fund registered in the Philippines. The Fund is designed to generate long-term capital appreciation through investment in high quality equity securities diversified across sectors and issue sizes to provide moderate portfolio volatility. (http://www.sunlife.com.ph/)
All mutual fund company description were taken from Bloomberg
How about YOU? How’s your mutual fund’s performance? Read more about mutual fund investments.