The Ultimate Guide On How To Be A Financial Advisor in the Philippines

Let’s face it, the Financial Industry is a very confusing maze to go to. There are lots of jargons that are really overwhelming – the ticker tapes, bears and bulls, life insurance, stock market, corporate bonds, treasury bills, and really, a whole bunch of them.

The bigger challenge is that we really need to learn about these financial products in order for us to effectively use them in planning and preparing our own personal finances – for our present, and for our future.

One of the few professionals who are actively trying to bridge the gap – from not knowing about financial instruments, to making use of them in enriching an individual’s financial life, are Financial Advisors.

What is a Financial Advisor?

The word “Financial Advisor” is a very broad term – encompassing many professions like bankers, stockbrokers, insurance advisors, and many others that provides “advisory services” to promote the financial products that they are affiliated to.

In this guide, when I refer to Financial Advisors, I’m talking about life insurance agents – and how fascinating, exciting, and fulfilling this profession can be.

Roles of Financial Advisors in the Society

The role of life insurance agents, insurance advisors, financial consultants, or financial advisors, whatever the professionals are called, is to provide solution to a certain need – whether a person/client is conscious about that need or not.

It’s true that many people don’t think that they need life insurance, or don’t think there’s a need to invest. In those situation, the role of a Financial Advisor becomes an educator, a teacher – giving light to an aspect in life that is most of the time neglected until it’s too late to act.

Truth is, Financial Advisors change lives, one client at a time – greatly contributing to a grand advocacy of financial literacy for the Filipino people.

No wonder many doctors, accountants, business people, and other professionals dropped what they do to take on the role of a Financial Advisor full time because of the rewards and fulfilment it bring to one’s life (to themselves and to other people).

What do Financial Advisors Really Do?

Full time Financial Advisors are self-employed professionals. This means that they are not really tied up to an 8 to 5 work week. This also means that financial advisors tend to have different activities individually, but can still be summarised as follows:

1. Reaching and Connecting to people needing the service
2. Meet future clients and conduct Financial Needs Analysis to further diagnose the need and be able to provide the most appropriate solution
3. Assist the implementation of the Financial Plan of the client
4. Monitor the progress of the implementation of the Financial Plan and make adjustments, if necessary.

Reasons Why Some People are Attracted to be a Financial Advisor

Here are some of the reasons why many professionals and business people decide to be a full-time Financial Advisor.

1. The opportunity to meet new people everyday
2. The opportunity to learn different things from other people
3. The freedom to take control of one’s time and be flexible in spending it in enriching the business
4. Endless opportunities in increasing income

It is true that it’s possible to be a part-time financial advisor. But it is really more enjoyable and worthwhile to do it, full time.

Requirements to be a Financial Advisor in the Philippines

Financial Advisors are regulated by the Insurance Commission (IC). To operate as a Financial Advisor here in the Philippines, you’ll need to get a license issued by the IC.

There are two kinds of life insurance license that are issued by the insurance commission.

One is the license to sell Traditional Life Insurance. These are the more “classic” type of life insurance that offers either just life insurance (term insurance) or life insurance with savings (whole life and endowment).

The second license obtained by Life Insurance Advisors is the license to sell Variable Unit Link Insurance, popularly known as VUL. This is the newest type of life insurance that have a built in investment component on it.

Now the question is, what are the requirements to obtain those license and be a Financial Advisor?

Truth is, you’ll just need to be sponsored by a life insurance company and be at least a College Graduate to take the licensing exam.

With that, let’s talk about the whole process on how you can be a Financial Advisor here in the Philippines.

Process to be a Financial Advisor

There are four parties involved in this process. They are:

– You
– The Life Insurance Company that you are applying in
– Your recruiting manager
– The Insurance Commission

In general, the process would flow in this order.

1. You submit your application to a recruiting manager. If you don’t know someone, you may submit your application in this link and we’ll connect you with them.

2. The recruiting manager will review your qualifications and subject you to some personality exams and interviews. Nothing much to note here but to just be yourself.

Each recruiting manager has his/her own standards of people to include in their team. If, by any chance, you were rejected by a specific recruiting manager, you may always try to explore with other recruiting managers.

Most of the time, rejections are due to personality mismatch between applicant and the recruiting manager.

3. Once you have completed the exams and interviews, you will then undergo a training program to prepare you for the licensing exam with the Insurance Commission.

4. Then, you’ll take the actual exam.

In most cases, the reviewers provided by the life insurance company usually corresponds nearly to the content of the exam provided by the Insurance Commission.

That does not guarantee anything though. It’s best to study and prepare yourself well for the exam.

5. After passing the exam, the next part of the process is the contract signing. Generally, this is the stage where compensation package and other monetary benefits are discussed.

Each life insurance company’s benefits will greatly differ though.

6. After contract signing, and once you have met your branch’s minimum requirements, you’ll then be “coded”. Coding is a technical term used to mean that an advisor has been officially entered in the life insurance company’s system.

Once you are coded, you become officially part of the Financial Advisory profession.

However, you should always prove that you deserve that title. You can do that by accumulating as much knowledge as possible and by becoming a credible professional that provides advice that makes sense.

Top Mutual Funds in the Philippines as of January 31, 2016

As of January 31, 2016, the Philippines has a total of 55 active Mutual Fund Companies as per Philippine Investment Fund Association (PIFA).

The Philippine Stock Exchange Index (PSEi) is still not showing a sign of recovery with an indication that it’s nearing a bear market. Nevertheless, if you are a long term investor trying to prepare for your own retirement or for the education of your children with a time frame of beyond 10 years, this is actually a great opportunity to accumulate more shares and invest more.

Philippine Stock Exchange Index

Ups and downs are regular phenomenon in the investing market. If you are just starting out in investing and is already experiencing these downfalls, don’t be disheartened. Again, this is an opportunity that you should take.

Given that, here are how mutual funds perform during January 2016.

Top 5 Equity Funds Based on Year-To-Date (YTD) Return

Fund Name Fund Type NAVPS YTD
1 Philam Strategic Growth Fund, Inc. Equity Fund 480.71 -4.95%
2 ALFM Growth Fund, Inc Equity Fund 233.59 -5.08%
3 PAMI Equity Index Fund, Inc. Equity Fund 44.255 -5.26%
4 Sun Life Prosperity Philippine Stock Index Fund, Inc. Equity Fund 0.8442 -5.36%
5 United Fund, Inc. Equity Fund 2.9583 -5.46%

Top 5 Balanced Funds Based on Year-To-Date (YTD) Return

Fund Name Fund Type NAVPS YTD
1 Cocolife Dollar Fund Builder, Inc. Balanced Fund $0.03541 0.06%
2 NCM Mutual Fund of the Phils., Inc Balanced Fund 1.745 -2.40%
3 Philam Fund, Inc. Balanced Fund 15.5631 -2.64%
4 Bahay Pari Solidaritas Fund, Inc. Balanced Fund 1.9463 -2.71%
5 PAMI Horizon Fund, Inc. Balanced Fund 3.4663 -2.71%

Top 5 Bond Funds Based on Year-To-Date (YTD) Return

Fund Name Fund Type NAVPS YTD
1 Sun Life Prosperity Dollar Abundance Fund, Inc. Bond Fund $2.8803 1.51%
2 Philam Dollar Bond Fund, Inc. Bond Fund $2.1419 1.50%
3 Grepalife Dollar Bond Fund Corp. Bond Fund $1.7315 1.21%
4 PAMI Global Bond Fund, Inc Bond Fund $1.0588 0.97%
5 ALFM Dollar Bond Fund, Inc. Bond Fund $421.33 0.69%

Top 10 Mutual Funds in the Philippines as of January 31, 2016 (5-Year Return)

Fund Name Fund Type NAVPS 5 yr. Return
1 Philequity PSE Index Fund Inc. Equity Fund 4.3591 11.04%
2 Philequity Fund, Inc. Equity Fund 31.7979 10.30%
3 First Metro Save and Learn Fixed Income Fund,Inc. Bond Fund 2.2034 8.44%
4 First Metro Save and Learn Equity Fund,Inc. Equity Fund 4.8636 7.80%
5 ATRAM Dynamic Allocation Fund, Inc. Balanced Fund 1.6681 7.42%
6 Sun Life Prosperity Philippine Equity Fund, Inc. Equity Fund 3.5776 7.39%
7 Bahay Pari Solidaritas Fund, Inc. Balanced Fund 1.9463 7.24%
8 Sun Life of Canada Prosperity Balanced Fund, Inc. Balanced Fund 3.4699 6.51%
9 Philequity Peso Bond Fund, Inc. Bond Fund 3.4583 6.11%
10 Cocolife Fixed Income Fund, Inc. Bond Fund 2.5505 6.07%

2015’s Best Performing Mutual Funds and UITF’s in the Philippines

The year 2015 had been a bumpy ride for investors here in the Philippines. The Philippine Stock Exchange had a great start during the year until it goes down during April like there’s no tomorrow. This perhaps demoralized many new investors in the stock market.

That said, all Mutual Funds and UITFs are greatly affected.

These events, however, highlights one key principle in investing – don’t put your eggs in one basket, also known as Diversification. Diversify not only on fund managers, but on different asset classes as well (invest not only on equity or stock funds, but also on bond or fixed income funds).

PSEi 2015

2015’s Best Mutual Funds in All Category

According to the data coming from the Philippine Investment Fund Association (PIFA), the top performing Mutual Fund Company in the Philippines as for the year 2015 is Cocolife Fixed Income Fund, Inc., making 5.03% for the whole 2015.

This is a fund invested on fixed income securities. Based on it’s November 2015 Fund Fact Sheet, this is how the fund is invested.

Cocolife Fixed Income Fund

10 Top Performing Mutual Funds in all Category for the Year 2015

One thing that we’ll notice in the Top 10 Mutual Funds for 2015 is that there were no Equity Funds the qualified for the list. Yes, equity funds have the highest potential of return and has proved to be bringing the highest returns to investors in the long term. But with all these, we should also be aware that equity funds entails the highest risk of them all. Let’s just not forget that.

Fund Name Fund Type NAVPS YTD Return
1 Cocolife Fixed Income Fund, Inc. Bond Fund 2.542 5.03%
2 ATRAM Total Return Dollar Bond Fund, Inc. Bond Fund $1.0938 2.93%
3 ALFM Dollar Bond Fund, Inc. Bond Fund $418.32 2.47%
4 Cocolife Dollar Fund Builder, Inc. Balanced Fund $0.03539 2.28%
5 Philam Dollar Bond Fund, Inc. Bond Fund $2.1083 1.59%
6 Philequity Dollar Income Fund Inc. Bond Fund $0.0554635 1.58%
7 Sun Life Prosperity Money Market Fund, Inc. Money Market Fund 1.1396 1.28%
8 ALFM Money Market Fund, Inc. Money Market Fund 114.23 1.12%
9 ALFM Peso Bond Fund, Inc. Bond Fund 322.75 1.10%
10 Ekklesia Mutual Fund Inc. Bond Fund 2.0386 0.99%

Now let’s go to the Top UITFs

Top Mutual Funds in the Philippines as of November 30, 2015

As of November 30, 2015, the Philippines has a total of 54 active Mutual Fund Companies as per Philippine Investment Fund Association (PIFA).

Equity funds have declined compared to the results of stock market performance last October. This trend is not unique to mutual funds. The equivalent managed fund UITF is also moving in the same direction as of month ending October.

Balanced funds in general are going down as well compared to the previous month’s performance, comparatively doing better though with equity funds. As we all know, balanced funds are in the moderate risk profile, consisting both stocks and fixed income instruments in the portfolio.

The most profitable market as of November month end is the fixed income market, providing the Bond Funds’ investors a YTD rate of return ranging from 1.55% to 4.57% for the top 5 in the category.

Need more information about Mutual Funds? Check out this podcast session.

Top 5 Equity Funds Year-to-Date

Fund Name Fund Type NAVPS YTD Return
1 United Fund, Inc. Equity Fund 3.1966 -1.70%
2 Philippine Stock Index Fund Corp. Equity Fund 788.1 -2.26%
3 Philequity PSE Index Fund Inc. Equity Fund 4.6841 -2.72%
4 First Metro Save and Learn Equity Fund,Inc. Equity Fund 5.4167 -2.79%
5 ALFM Growth Fund, Inc Equity Fund 250.33 -4.18%

Top 5 Balanced Funds Year-to-Date

Fund Name Fund Type NAVPS YTD
1 Cocolife Dollar Fund Builder, Inc. Balanced Fund $0.03546 2.49%
2 Bahay Pari Solidaritas Fund, Inc. Balanced Fund 2.0174 -0.82%
3 Sun Life Prosperity Dollar Advantage Fund, Inc. Balanced Fund $3.151 -1.76%
4 First Metro Save and Learn Balanced Fund Balanced Fund 2.7497 -1.80%
5 One Wealthy Nation Fund, Inc. Balanced Fund 1.0119 -2.61%

Top 5 Bond Funds Year-to-Date

Fund Name Fund Type NAVPS YTD
1 Cocolife Fixed Income Fund, Inc. Bond Fund 2.5308 4.57%
2 ATRAM Total Return Dollar Bond Fund, Inc. Bond Fund $1.0956 3.10%
3 ALFM Dollar Bond Fund, Inc. Bond Fund $417.65 2.31%
4 Philam Dollar Bond Fund, Inc. Bond Fund $2.1146 1.89%
5 Philequity Dollar Income Fund Inc. Bond Fund $0.0554466 1.55%

Top 10 Mutual Funds in the Philippines as of November 30, 2015 (5-Year Return)

Fund Name Fund Type NAVPS 5 yr. Return
1 Philequity PSE Index Fund Inc. Equity Fund 4.6841 12.52%
2 Philippine Stock Index Fund Corp. Equity Fund 788.1 12%
3 Philequity Fund, Inc. Equity Fund 34.3139 11.98%
4 First Metro Save and Learn Equity Fund,Inc. Equity Fund 5.4167 9.01%
5 NCM Mutual Fund of the Phils., Inc Balanced Fund 1.802 8.92%
6 First Metro Save and Learn Fixed Income Fund,Inc. Bond Fund 2.2091 8.74%
7 Sun Life Prosperity Philippine Equity Fund, Inc. Equity Fund 3.8807 8.73%
8 ATRAM Dynamic Allocation Fund, Inc. Balanced Fund 1.7553 8.09%
10 Bahay Pari Solidaritas Fund, Inc. Balanced Fund 2.0174 7.71%

Top Performing UITFs in the Philippines as of November 30, 2015

Here are the Top Performing UITFs in the Philippines from UITF.com.ph as of November 30, 2015.

Top 5 Equity Funds (Year-to-Date)

Bank Fund Name ROI
1 China Banking Corporation CBC EQUITY FUND -0.47%
2 Bank of the Philippine Islands BPI Philippine High Dividend Equity Fund -1.11%
3 Bank of the Philippine Islands BPI Equity Value Fund -1.99%
4 Asia United Bank Equity Investment Trust Fund -3.15%
5 Union Bank UnionBank Dividend Play Equity Portfolio -3.58%

Top 5 Balanced Funds  (Year-to-Date)

Bank Fund Name ROI
1 Philippine Bank of Communications BEST BALANCED FUND 0.67%
2 Robinsons Bank RBank Balanced Fund 0.15%
3 Bank of the Philippine Islands BPI Balanced Fund -0.27%
4 LandBank of the Philippines Growth Fund -0.91%
5 China Banking Corporation CBC BALANCED FUND -1.46%

Top 5 Intermediate Term Bond Funds (Year-to-Date)

Bank Fund Name ROI
1 Union Bank UnionBank Medium Term Fixed Income Portfolio 2.20%
Portfolio Duration: 2.28 year(s) as of 2nd quarter of 2015
2 Union Bank UnionBank Infinity Prime Fund 2.13%
Portfolio Duration: 2.41 year(s) as of 2nd quarter of 2015
3 China Banking Corporation CBC INTERMEDIATE FIXED-INCOME FUND 1.30%
Portfolio Duration: 0.26 year(s) as of 3rd quarter of 2015
4 Bank of the Philippine Islands BPI Premium Bond Fund 0.95%
Portfolio Duration: 1.26 year(s) as of 2nd quarter of 2015
5 EastWest Banking Corporation EastWest Peso Intermediate Term Bond Fund 0.89%
Portfolio Duration: 1.56 year(s) as of 3rd quarter of 2015

Top 5 Medium Term Bond Funds (Year-to-Date)

Bank Fund Name ROI
1 BDO Unibank, Inc. BDO PESO FIXED INCOME FUND 3.08%
Portfolio Duration: 3.10 year(s) as of 3rd quarter of 2015
2 BDO Unibank, Inc. BDO PESO BOND FUND 2.62%
Portfolio Duration: 3.02 year(s) as of 3rd quarter of 2015
3 Union Bank UnionBank Philippine Peso Fixed Income Portfolio 1.94%
Portfolio Duration: 3.97 year(s) as of 2nd quarter of 2015
4 Asia United Bank Peso Investment Trust Fund 1.60%
5 BDO Unibank, Inc. BDO MERIT FUND MEDIUM TERM PORTFOLIO 1.56%
Portfolio Duration: 3.31 year(s) as of 3rd quarter of 2015

Top 5 Long Term Bond Funds (Year-to-Date)

Bank Fund Name ROI
1 AB Capital AB CAPITAL PREMIUM FUND 6.34%
Portfolio Duration: 1.09 year(s) as of 3rd quarter of 2015
2 Union Bank UnionBank Long Term Fixed Income Portfolio 3.38%
Portfolio Duration: 4.44 year(s) as of 2nd quarter of 2015
3 Union Bank UnionBank Tax Exempt Portfolio 2.35%
Portfolio Duration: 2.65 year(s) as of 2nd quarter of 2015
4 Rizal Commercial Banking Corporation RIZAL PESO BOND FUND 0.49%
Portfolio Duration: 3.37 year(s) as of 3rd quarter of 2015
5 Security Bank Corporation SB PESO BOND FUND 0.02%
Portfolio Duration: 7.90 year(s) as of 3rd quarter of 2015

Disclaimer: Past performance is not an indication of future results. There are several risks associated with investing in mutual funds/UITF which are further discussed and enumerated in the fund’s prospectus. Please read the fund’s prospectus before you start investing. 

Three Personal Finance Rockstars in the Philippines that you Should Follow in Social Media

Social Media has been one of the major reasons for the continues growth of Financial Literacy here in the Philippines.

Though I may not have the exact number, but curiosity and interest in managing finances effectively has increased tremendously over the past several years. This is evidenced by various organisations that are popping out trying to further increase awareness of Financial Literacy.

However, with the increasing number of groups/individuals to follow, the question of who’s really the real deal may arise. With that, here are the top four people in my Facebook Newsfeed that I don’t fail to learn something new.

Personal Finance Rockstars

Bo Sanchez (Facebook)

Bo SanchezWith his free ebook My Maid Invests in the Stock Market, the preacher in blue jeans has inspired a lot of Filipinos to invest in the stock market. He somehow erased the idea that the stock market is for the reach only. Upon reading the said ebook, his readers ends up asking, “if his maids can invest in the stock market, why can’t I?”.

Over the years, retail investors in the stock market slowly increase, which really gives hope on our Philippine Stock Market for future enormous growth.

One thing about Bo Sanchez is that he is a Preacher. Nope, he’s not a priest, but a layman who finds his mission to preach the word of the Lord to a surprisingly huge crowd of people who follows his faith organization.

Why follow Bo?

Bo Sanchez’s approach in teaching about money is by integrating it with the teachings of the Holy Bible. I’m not a very religious person, but when I attend The Feast (Bo Sanchez’s weekly Prayer Meeting), discussions about money provides more meaning on a wider universe, rather than the pursuit of it for thyself.

Chinkee Tan (Facebook | Youtube | Viber)

Was once known as one of the “Hawi Boys” of the once popular Randy Santiago, Chinkee Tan offers a story of how life can turn around from poverty to a life of abundance.

Here’s an interview of Korina Sanchez with Chinkee last 2007 for you to learn more about him:

Aside from show business, Chinkee Tan’s background includes coming from the Network Marketing business – such background provided him insights on how to really help people not only on managing money, but also in providing business ideas that helps his audience have something to manage.

One of the things I like about Chinkee Tan is the he is VERY ACTIVE in social media, especially in Facebook. If you are following him at Facebook, you will often receive notifications that he is doing a live broadcast using Facebook Live, sharing some small bits of information that could motivate and inspire people into taking action.

I really appreciate this guy’s energy in trying to uplift the Filipino people the best way he can.

He’s very active in radio broadcasts too. You can hear him talk at Radio 5 early morning on weekends.

Randell Tiongson (Facebook | Viber)

Randell TiongsonThe very first time I encountered Randell Tiongson was when I took the Financial Planning modules conducted by the Registered Financial Planners of the Philippines (RFP) way back in 2010/2011.

Randell’s background was on the Financial Advisory business worked as an Insurance Agent for several years (don’t know exactly how long, but I know it’s a very long and extensive experience). His insights came from various experiences with different people and clients.

He is currently the Director of the RFP Philippines, guiding Financial Planners with the proper pillars of financial planning, which will then be used in guiding their clients, families, and especially, themselves.

Randell regularly posts upcoming seminars of different Personal Finance personalities and leads a Viber Chat (together with some interesting personalities) where we can gain  insights on the world of personal finance.

Of course, these people are my personal choices.

How about you? Who do you like following in Social Media? Please share them in the comment section below.

PIME 004: Everything You Need to Know in Investing in Mutual Funds in the Philippines – Q&A Part 2

In this session, we continue to talk about the frequently asked questions that I receive from different Filipinos around the world regarding the subject of Investing in Mutual Funds in the Philippines.

If you missed the first part of this series, you can just visit Pinoy Investing Made Easy Podcast No. 3 so you can have a solid base in understanding this session.

Here are the questions that I’ve tried to answer with the hope of further strengthening your knowledge about mutual funds.

  • How much do I need to open a Mutual Fund account?
  • Am I required to make additional investments every month in my mutual fund investment?
  • Can OFWs open a mutual fund account even if they are still out of the country?
  • How will I know which mutual fund company to choose?
  • What are the charges/fees involved in investing in Mutual Funds?

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In this podcast, we’ve mentioned the following links:

 

PIME 003: Everything You Need to Know in Investing in Mutual Funds in the Philippines – Q&A

In this session, we talk about the frequently asked questions in investing in mutual funds herein the Philippines.

This session is for you if:

  • You haven’t heard anything yet with mutual funds but are open to learning new things that could benefit you and your family.
  • You are considering to invest in mutual funds but very apprehensive to start because of fear due to lack of knowledge
  • You have already started but hungry to obtain deeper knowledge about mutual funds so you can take advantage of your investment and make the most out of it.

This session is the first of the series of podcasts that will tackle the frequently asked questions that I have encountered while talking about Mutual Funds for the last 5 years through my blog MutualFundPhilippines.com.

For this part 1, we were able to answer the following questions:

  1. What are Mutual Funds?
  2. How does it work?
  3. Can I instruct the fund manager on where I want my money to be invested?
  4. How can I make money from Mutual Funds?
  5. Why do the price per share of Mutual Funds (NAVPS) increase or decrease?
  6. How can I start investing in Mutual Funds?

Here are the links mentioned in this podcast session:

  • Steps on how to invest in mutual funds in the Philippines (here)
  • Philippine Investment Funds Association (PIFA) – www.PIFA.com.ph

For the continuation of this series, you may check out Session No. 4 for more questions answered in a very detailed manner.

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Top Performing UITFs in the Philippines as of October 31, 2015

Unit Investment Trust Funds, popularly referred to as UITFs are pooled funds similar to Mutual Funds, only it is managed by Banks.

Here are the Top Performing UITFs in the Philippines from UITF.com.ph as of October 31, 2015.

Top 5 Equity Funds (Year-to-Date)

Bank Fund Name ROI
China Banking Corporation CBC EQUITY FUND 2.43%
Bank of the Philippine Islands BPI Philippine High Dividend Equity Fund 1.99%
Bank of the Philippine Islands BPI Equity Value Fund 1.20%
Asia United Bank Equity Investment Trust Fund -0.17%
Philippine National Bank AUP EQUITY FUND -0.71%

Top 5 Balanced Funds  (Year-to-Date)

Bank Fund Name ROI
Robinsons Bank RBank Balanced Fund 1.51%
Bank of the Philippine Islands BPI Balanced Fund 1.51%
Philippine Bank of Communications BEST BALANCED FUND 1.34%
China Banking Corporation CBC BALANCED FUND 0.69%
Development Bank of the Philippines GINTONG SIKAP SECURE FUND 0.61%

Top 5 Intermediate Term Bond Funds (Year-to-Date)

Bank Fund Name ROI
Union Bank UnionBank Infinity Prime Fund 2.63%
Portfolio Duration: 2.41 year(s) as of 2nd quarter of 2015
Union Bank UnionBank Medium Term Fixed Income Portfolio 2.48%
Portfolio Duration: 2.28 year(s) as of 2nd quarter of 2015
Security Bank Corporation SB INTERMEDIATE TERM PESO BOND FUND 2.27%
Portfolio Duration: 1.84 year(s) as of 3rd quarter of 2015
Metropolitan Bank & Trust Co. Metro Max-3 Bond Fund 1.37%
Portfolio Duration: 2.35 year(s) as of 2nd quarter of 2015
Bank of the Philippine Islands BPI Premium Bond Fund 1.36%
Portfolio Duration: 1.26 year(s) as of 2nd quarter of 2015

Top 5 Medium Term Bond Funds (Year-to-Date)

Bank Fund Name ROI
BDO Unibank, Inc. BDO PESO FIXED INCOME FUND 3.42%
Portfolio Duration: 3.10 year(s) as of 3rd quarter of 2015
Asia United Bank Peso Investment Trust Fund 3.09%
BDO Unibank, Inc. BDO PESO BOND FUND 2.94%
Portfolio Duration: 3.02 year(s) as of 3rd quarter of 2015
Union Bank UnionBank Philippine Peso Fixed Income Portfolio 2.43%
Portfolio Duration: 3.97 year(s) as of 2nd quarter of 2015
BDO Unibank, Inc. BDO MERIT FUND MEDIUM TERM PORTFOLIO 1.67%
Portfolio Duration: 3.31 year(s) as of 3rd quarter of 2015

Top 5 Long Term Bond Funds (Year-to-Date)

Bank Fund Name ROI
AB Capital AB CAPITAL PREMIUM FUND 6.35%
Portfolio Duration: 1.09 year(s) as of 3rd quarter of 2015
Union Bank UnionBank Long Term Fixed Income Portfolio 4.37%
Portfolio Duration: 4.44 year(s) as of 2nd quarter of 2015
Union Bank UnionBank Tax Exempt Portfolio 3.24%
Portfolio Duration: 2.65 year(s) as of 2nd quarter of 2015
Security Bank Corporation SB PESO BOND FUND 2.13%
Portfolio Duration: 7.90 year(s) as of 3rd quarter of 2015
Bank of the Philippine Islands ABF Philippines Bond Index Fund 1.99%
Portfolio Duration: 7.61 year(s) as of 2nd quarter of 2015

Disclaimer: Past performance is not an indication of future results. There are several risks associated with investing in mutual funds/UITF which are further discussed and enumerated in the fund’s prospectus. Please read the fund’s prospectus before you start investing. 

Top Mutual Funds in the Philippines as of October 31, 2015

As of October 31, 2015, the Philippines has a total of 54 active Mutual Fund Companies as per Philippine Investment Fund Association (PIFA).

top performing mutual funds in the philippines
Top 5 Equity Funds Year To Date

  Fund Name NAVPS YTD Return
1 Philequity Dividend Yield Fund, Inc. 1.2138 26.04%
2 United Fund, Inc. 3.2892 1.15%
3 First Metro Save and Learn Equity Fund,Inc. 5.5523 -0.36%
4 Philippine Stock Index Fund Corp. 802.56 -0.47%
5 Philequity PSE Index Fund Inc. 4.7688 -0.97%

Updated Nov 12, 2015: PIFA has updated their website showing a -3.42% YTD loss for Philequity Dividend Yield Fund Inc.

Top 5 Balanced Funds Year To Date

Fund Name NAVPS YTD Return
1 Cocolife Dollar Fund Builder, Inc. $0.03539 2.28%
2 Bahay Pari Solidaritas Fund, Inc. 2.0473 0.65%
3 First Metro Save and Learn Balanced Fund Inc. 2.7959 -0.15%
4 One Wealthy Nation Fund, Inc. 1.0263 -1.22%
5 Sun Life Prosperity Dollar Advantage Fund, Inc. $3.1616 -1.43%

Top 5 Bond Funds Year To Date

Fund Name NAVPS YTD Return
1 Cocolife Fixed Income Fund, Inc. 2.5223 4.21%
2 ATRAM Total Return Dollar Bond Fund Inc. $1.0989 3.41%
3 Philam Dollar Bond Fund, Inc. $2.1355 2.90%
4 ALFM Dollar Bond Fund, Inc. $418.61 2.54%
5 Sun Life of Canada Prosperity Bond Fund, Inc. 2.7686 2.51%

Top 10 Mutual Funds in the Philippines as of October 31, 2015 as to 5-Year Return

Fund Name Fund Type NAVPS 5 yr. Return
1 Philequity PSE Index Fund Inc. Equity Fund 4.7688 12.02%
2 Philequity Fund, Inc. Equity Fund 35.0043 11.92%
3 Philippine Stock Index Fund Corp. Equity Fund 802.56 11.90%
4 First Metro Save and Learn Equity Fund,Inc. Equity Fund 5.5523 9.88%
5 NCM Mutual Fund of the Phils., Inc Balanced Fund 1.8273 9.23%
6 First Metro Save and Learn Fixed Income Fund,Inc. Bond Fund 2.2211 9.18%
7 Sun Life Prosperity Philippine Equity Fund, Inc. Equity Fund 3.9723 8.92%
8 Bahay Pari Solidaritas Fund, Inc. Balanced Fund 2.0473 8.46%
9 ATRAM Dynamic Allocation Fund, Inc. Balanced Fund 1.7953 8.33%
10 First Metro Save and Learn Balanced Fund Inc. Balanced Fund 2.7959 7.33%

Disclaimer: Past performance is not an indication of future results. There are several risks associated with investing in mutual funds which are further discussed and enumerated in the fund’s prospectus. Please read the fund’s prospectus before you start investing.