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    Fund Fact Sheets - Prosperity Bond Fund

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    Jeuz Llorenz Colendra-Apita
    The Sun Life of Canada Prosperity Bond Fund aims to provide regular interest and principal preservation through investments in government and high quality corporate debt securities. As of February 26, 2021, the fund size was PHP 5.18 billion with a net asset value per share of PHP 3.1832. The fund invests primarily in government bonds (46.06%) and corporate bonds (20.46%) with maturities between 3-5 years (60.86%). For the past year, the fund returned 6.87% compared to its benchmark return of 2.72%.

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    Fund Fact Sheets - Prosperity Bond Fund

    Uploaded by

    Jeuz Llorenz Colendra-Apita
    9 views1 page
    The Sun Life of Canada Prosperity Bond Fund aims to provide regular interest and principal preservation through investments in government and high quality corporate debt securities. As of February 26, 2021, the fund size was PHP 5.18 billion with a net asset value per share of PHP 3.1832. The fund invests primarily in government bonds (46.06%) and corporate bonds (20.46%) with maturities between 3-5 years (60.86%). For the past year, the fund returned 6.87% compared to its benchmark return of 2.72%.

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    Fund Fact Sheets_Prosperity Bond Fund

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    The Sun Life of Canada Prosperity Bond Fund aims to provide regular interest and principal preservation through investments in government and high quality corporate debt securities. As of February 26, 2021, the fund size was PHP 5.18 billion with a net asset value per share of PHP 3.1832. The fund invests primarily in government bonds (46.06%) and corporate bonds (20.46%) with maturities between 3-5 years (60.86%). For the past year, the fund returned 6.87% compared to its benchmark return of 2.72%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    9 views1 page

    Fund Fact Sheets - Prosperity Bond Fund

    Uploaded by

    Jeuz Llorenz Colendra-Apita
    The Sun Life of Canada Prosperity Bond Fund aims to provide regular interest and principal preservation through investments in government and high quality corporate debt securities. As of February 26, 2021, the fund size was PHP 5.18 billion with a net asset value per share of PHP 3.1832. The fund invests primarily in government bonds (46.06%) and corporate bonds (20.46%) with maturities between 3-5 years (60.86%). For the past year, the fund returned 6.87% compared to its benchmark return of 2.72%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    FUND FACTS

    Sun Life of Canada Prosperity Bond Fund


    February 26, 2021
    This document contains key information clients of Sun Life of Canada Prosperity Bond Fund should know about. More information can be found in the Fund’s prospectus. Ask a
    Sun Life Financial Advisor or contact Sun Life Asset Management Company, Inc., at 8-849-9888 or Phil-MF-Products@sunlife.com or visit www.sunlifefunds.com.

    Launch Date April 5, 2000 Fund Structure Mutual Fund (Shares) Transfer Agency Fee 0.15%
    Fund Size PHP 5,186,794,120.08 Fund Classification Fixed Income Fund Minimum Holding Period None
    Net Asset Value Per Share 3.1832 Minimum Subscription PHP 1,000 Early Redemption Fee None
    Benchmark 95% Bloomberg Sovereign Bond Minimum Subsequent PHP 1,000 Redemption Settlement T+3 business days
    Index 1 to 5 Year + 5% 30-day SSA Management and Distribution Fee 1.00%

    What does the Fund invest in?


    The Sun Life of Canada Prosperity Bond Fund aims to provide regular interest and principal preservation through investments in
    government and high quality corporate debt securities.
    The Fund is suitable for investors with a moderate risk profile and a medium-term investment horizon. This is for investors who
    want relatively stable and reasonable returns.

    Top Fixed Income Holdings Investment Mix Maturity Profile


    1. Treasury Notes 2025, 42.5%
    Government Bonds 0-3 years
    2. Money Market - Other Banks, 14.85% 46.06% 20.65%
    Corporate Bonds 3-5 years
    3. Sun Life Prosperity Money Market Fund, 4.44%
    20.46% 60.86%
    4. Commercial Paper 2021, 3.78% Money Market 5-7 years
    Placements 19.39% 8.48%
    5. Treasury Notes 2030, 3.56% Corporate Loans 7-10 years
    7.06% 5.93%
    Cash and Other 10-20 years
    Liquid Assets 7.03% 4.08%

    How has the Fund performed? Market Review


    • Peso bond yields skyrocketed over the month,
    YTD Return -0.60% though front-end yields were somewhat shielded
    -0.71%
    from this move. Short-term bond indices moved flat
    1-Year Return 6.87% over the month.
    2.72% • Rising US yields were the primary catalyst for the hit
    on yields 5Y and longer, while still-abundant liquidity
    20.74%
    3-year Return
    14.29%
    continued to keep the front end of the curve
    anchored (rising only 10-20 bps).
    26.49% • The Bureau of Treasury also issued a 3Y Retail
    5-year Return
    15.92% Treasury Bond priced at 2.375%, while initially giving
    a good premium over secondary market levels, the
    -7.00% 3.00% 13.00% 23.00% 33.00%
    extreme rise in yields have eroded the premium.
    Benchmark: 95% Bloomberg Sovereign Bond Index (1 to 5 Year)* + 5% 30-day SSA**
    Sun Life of Canada Prosperity Bond Fund
    Issue date is March 9, 2021.
    *Benchmark Effectivity Date: • Philippine February inflation printed higher than the
    HSBC Local Currency Bond Philippines Liquid Total Return: May 25, 2009 to April 29, 2016
    Bloomberg Sovereign Bond Index: May 1, 2016 to February 28, 2017 January figure with a +4.7% increase year-on-year.
    Bloomberg Sovereign Bond Index (1 to 5 Year): March 1, 2017 to present

    **The Philippines 30-day Special Savings Rate General Average (PSAVAVE Index) was last updated in Bloomberg on 27
    • The Prosperity Bond Fund (-0.71%) lagged the year-
    December 2019. The source of the PSAVAVE Index is the Bangko Sentral ng Pilipinas (BSP). The BSP required universal
    and commercial banks to submit the amended reporting templates on Interest Rates on Loans and Deposits (IRLD)
    to-date return of its benchmark (-0.60%) due to its
    effective 1 January 2020 in accordance with Circular Nos. 1029 and 1037, series of 2019. Due to COVID-19, per BSP
    Memorandum No. M-2020-049 dated 9 June 2020, amending BSP Memorandum M-2020-011 dated 19 March 2020,
    overweight duration position.
    banks' submission of IRLD weekly reports that fall due within the months March-June 2020 is suspended until further
    notice.

    Disclaimer: Mutual Fund performance depends on various market and economic conditions. Past performance is not a guarantee or an indication of future results. Thus, returns
    are not guaranteed and may differ from the original investment. Information contained in this Fund Fact Sheet do not constitute investment advice. For more information on our
    mutual funds, please consult a Sun Life Financial Advisor.

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