Sun Life Asset Management Co. Inc. has introduced the Sun Life Prosperity World Income Fund (WIF), allowing investors to access the US-based BlackRock Dynamic High-Income Fund.
The aim is to provide accessible investment opportunities for Filipino investors and a client-centric approach to help them achieve their financial goals.
The WIF structured as a feeder fund allocating 90 percent of its net assets to its target fund, and enables clients to start with a minimum initial investment of P10,000.
The fund is also targeting non-guaranteed monthly income in cash to clients through enrolled bank accounts starting December 2023, with an annual net dividend target of 4.5 percent to 5.5 percent.
