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 an Equity Fund like Sun Life? It may sound too good to be true but I assure you, you really can. How? Read on to learn the concepts here.
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 thru long-term capital appreciation with excellent stocks listed in the PSE with a few mix of liquid assets.
Who should Invest 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 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.
This is how the fund grew since the inception date. Oh year 2000, I was in school but I wish my mom got me an account in Sun Life. Can’t imagine how much the investment grew into millions until now.
Really time makes money if you won’t waste it.”
Top 10 Holdings of Sun Life Equity Fund
- Ayala Land Inc.
- SM Investments Corp.
- SM Prime Holdings, Inc.
- Ayala Corp.
- Universal Robina Corp.
- JG Summit Holdings, Inc.
- Aboitiz Equity Ventures, Inc.
Sun Life Equity Mutual Fund is majorly composed of stocks of the above mentioned companies.
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 surely achieve high capital appreciation every month that your fund grow itself and you can surely 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.
Want to invest mutual funds? Read our guides below:
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