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November 28, 2023

Sun Life launches new fund, offering Filipino investors global market access

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.