Gokongwei-led Robinsons Bank has launched a Dollar Short Term Feeder Fund to give Filipinos another avenue to save and grow their money.
For as low as $500, this innovative product is designed to offer Filipinos the best of both worlds, with the security of a traditional savings account and the potential for higher returns through expertly managed investment portfolios.
While investing in the stock market is a great way to build wealth over the long term, it can also be a roller coaster ride in the short term. That’s why many investors seek out investment options that offer a balance of stability and growth potential such as Unit Investment Trust Funds (UITFs).
Similar to other UITF products, the Dollar Short Term Feeder Fund offers investors the opportunity to diversify their investment portfolio by investing in a range of fixed-income securities.
The investment is divided into 90 percent being invested in Sun Life Prosperity Dollar Starter Fund Inc. while the remaining 10 percent is invested in liquid assets with portfolio duration of not more than one year.
This helps reduce the risk of investing in just one or two individual securities.
Robinsons Bank’s trust professionals in partnership with Sun Life Asset Management Company Inc. (SLAMCI) managed the funds as the UITF’s Target Fund is SLAMCI’s Prosperity Dollar Starter Fund.
The UITF’s fund managers have the expertise and experience needed to make informed investment decisions. This means that investors benefit from the expertise of the fund managers without having to actively manage and monitor their investments.
The Dollar Short Term Feeder Fund provides an accessible, low-risk option for anyone looking to grow their wealth and reach their financial goals.
