Sun Life has some great Prosperity Funds for both short term and long term investors. In this page, I’m making a review about one of my favorite Mutual Funds, Sun Life Prosperity Equity Fund.
Who should have it and why should you invest with it?
Do you know that you can make your child a multimillionaire at age 10 just by investing in an Equity Fund like Sun Life?
It may sound too good to be true but investors find great potential with equity funds as most of the funds beat the main Philippine Stock Exchange Index.
How? Read on to learn the concepts here.
Table of Contents:
Sun Life Equity Mutual Fund Review
Sun Life Equity Fund is suitable for aggressive investors with very high risk tolerance and for those investors with long term investment goal (7 years or so).
This fund is designed that way because it aims to maximize its capacity to earn through long-term capital appreciation with excellent stocks listed in the PSE with a few mix of government bonds, corporate loans, cash and other liquid assets.
Who should Invest in Sun Life Equity Fund?
This is for you if you have money that you won’t be using anytime soon and you want to invest it for long term being aware of the risk involved with stocks and the global market, you would like to grow your money anyway.
Why should you Invest Sun Life Prosperity Equity Fund?
Because the potential of equity funds are excellent and proven to make money in the long run. Sun Life Equity Fund is composed of diversified portfolio of Philippine common stocks, preferred stocks, cash and other liquid assets.
Like many investments, Sun Life Prosperity Equity Fund is affected by the pandemic. Its a very good opportunity to enter and invest in this mutual fund while the price is lower. It’s just a matter of time when it will reach its all-time-high again.
Really time makes money if you won’t waste it.”
Top 10 Holdings of Sun Life Equity Fund:
Sun Life Equity Mutual Fund is mostly composed of stocks listed below:
- SM Investments Corporation
- SM Prime Holdings Inc.
- Ayala Land Inc.
- Ayala Corporation
- BDO Unibank Inc.
- Bank of the Philippine Islands
- Universal Robina Corporation
- PLDT Inc.
- International Container Terminal Services Inc.
- JG Summit Holdings Inc.
Minimum Fund to Open Sun Life Equity Mutual Fund Account
The minimum amount to open an account for Sun Life Equity Fund is P5,000 and the minimum additional contribution is P1,000.
That means, for as low as P5,000, you can start investing with this mutual fund.
Tips to Grow your Millions from a Mutual Fund
The most effective way to grow millions of money with equity funds is investing periodically until your long term goal.
Start by putting 100K and add up funds every month to your Equity Fund.
With Sun Life Prosperity Equity Fund, follow the objective and aim of the fund which is from 7 years and above.
With this time horizon, you can achieve high capital appreciation every month that your fund grows itself and you can generate tremendous return as you reach your goal.
In 10 years’ time, if you kept on investing 5,000 and above every month and this fund always makes 15% return, you can be making more than a million of money.
Risk of Investing in Equity Funds
Equity Funds have the highest risk compared to other money investments. But higher the risk may also give higher rewards. Investors must always consider huge risk when investing in equity funds and the stock market.
It is recommended to invest only 10% to 20% of capital in equities to minimize the risk of losing much money. It is also important to choose the appropriate mutual fund that match your risk profile and objectives.
Want to invest mutual funds? Read our guides below:
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Disclaimer: Everything shared in this website is for information purpose only and should not be considered as professional advice. Every investor has a different risk tolerance and goal. Always do your own research before investing your money.