The Sun Life Prosperity (WEIFF): Allowing Local Investors to Invest in the Global Market

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The Sun Life Prosperity (WEIFF): Allowing Local Investors to Invest in the Global Market

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Last July 30, 2020, this momma was invited to witness the exclusive launching of Sun Life Asset Management Company Inc.’s latest offering (SLAMCI), the Sun Life Prosperity World Equity Index Feeder Fund (WEIFF) through a webinar.

The Sun Life Prosperity World Equity Index Feeder Fund is their new offering that allows Filipinos to invest in global companies across developed and emerging markets. This is a good thing especially if you want to diversify your portfolio of investment.

The SLAMCI manager for product management and development, Dino Macasaet, said that WEIFF is quite unique since the fund is denominated in Philippines pesos, while it will invest most of its assets in a US dollar-denominated fund. This is the only one of the few investment products in the Philippines that allows this.

If you are wondering is the Sun Life Prosperity World Equity Index Feeder Fund is for you, this is perfect if you…
…want to maximize your potential returns by riding on the performance of the MSCI All Country World Index.
…aim to diversify your portfolio by investing in global equities.
…have an aggressive risk profile and a long-term investment horizon.

Below are some of the benefits of the Sun Life Prosperity World Equity Index Feeder:

Benefits of Sun Life Prosperity World Equity Index

The minimum initial investment for this is P50,000 while it’s P10,000 is the minimum amount if it’s an Additional Investments which means this investment is available to a lot of people who can afford such amount.

The investments placed for the Sun Life Prosperity World Equity Index Feeder Fund (WEIFF) are placed into the MSCI All Country World Index (ACWI) to yield long-term growth, your investments.

It may seem scary but if you are an investor with aggressive risk appetite and you are looking for long-term capital appreciation, this might be the perfect for you so check it out!

How about you? Have you considered investing in the Global Market? What do you think of WEIFF? Share your thoughts in the comments below!