SUN LIFE Prosperity Card Now Available in Lower Denomination


Sun Life Asset Management's (SLAMCI) recently held their first Market Outlook for 2019 at the Discovery Primea in Makati. SLAMCI President Valerie Pama and Sun Life Chief Investments Officer Michael Enriquez discussed the current status of the Philippine Market, talked about important economic forecasts, and the many things that SLAMCI clients can look forward to, from products to services, for the rest of 2019.

Sun Life Asset Management Company Incorporated (SLAMCI) is the mutual fund arm of Sun Life of Canada (Philippines), Inc. SLAMCl is one of the leading asset management companies in the country with almost P55 billion in Assets Under Management (AUM). It currently manages 15 mutual funds collectively called the "Sun Life Prosperity Funds."



SUNLIFE's Market Outlook for 2019

Standard & Poor's recently raised Philippines' credit ratings to BBB+ from BBB, this is a good thing for Filipinos because its now cheaper for the Philippines to borrow money. Sunlife estimates that Philippine GDP, despite weak first quarter, is 6.4% for the year 2019.

In summary, they see the dollar-peso rates as "no change" or 53.20 by year-end 2019 with a slight weak bias. Current account deficit is a less of a worry due to global slowdown. Domestically, election-related spending should provide some upside to GDP but consumption bounce will drive growth as inflation fades.



SUN LIFE Prosperity Card Launches New Variants

To make investing in mutual funds even more accessible to Filipinos, Sun Life Asset Management Company, Inc. (SLAMC) unveils a new variant of its Sun Life Prosperity Card in a lower denomination of only P1,000.

Sun Life Prosperity Card is a stored value gift card that may be used to învest in so-denominated mutual funds managed and distributed by SLAMCI. It may be purchased for personal use or as a gift to loved ones.



The Sun Life Prosperity Card is a lasting and precious gift option ideal for special occasions such as birthdays, baptisms, graduations, and weddings," shares SLAMCI President Valerie Pama. "It enables the recipient to have his own starter mutual fund with a value that potentially appreciates over time."

The card is also available in P5,000 denomination, the Sun Life Prosperity Card is available for purchase at major Sun Life Client Service Centers or through a Sun Life financial advisor. The card may be activated at any Sun Life Client Service Center nationwide.

For more details about the Sun Life Prosperity Card and the Sun Life Prosperity Funds, consult a Sun Life financial advisor, visit sunlifefunds.com, or call 849-9888.

JL Santiago Aquino

A millennial lifestyle blogger from Caloocan City who adores trying new things. ✨ “Make jokes. No stress. Love. Live life. Proceed. Progress!”

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