InLife offers new fund
MANILA, Philippines — Insular Life introduced a new fund called Global Multi-Asset Income-Paying Fund which allows a policy holder to get an insurance protection and at the same time earn a monthly income from the policy.
“Our mission to get more Filipinos insured, guided us in opening this investment fund option as it appeals to income investors, those seeking portfolios that have the potential of generating regular cash inflow,” said Gae Martinez, Insular Life’s chief marketing officer.
Martinez said that in order to generate returns in this low interest rate environment, it is crucial that customers adopt a diversified approach, capturing opportunities from different asset classes to help achieve a balanced risk and return profile.
The fund, which is denominated in either peso or dollar, is invested in a target fund, managed by JP Morgan Asset Management, considered one of the top multi-asset managers in the world.
The target fund has consistently provided consistent and attractive income throughout the years. Even during market downturns such as the taper tantrum, trade wars and pandemic, the fund has consistently declared income. This is a testament that the fund, which focuses on income ideas without losing sight of risk management, is a sustainable way for income investors to address their needs.
The Global Multi-Asset Fund peso account can be availed through Solid Fund Builder, while the dollar-denominated account can be availed through the Dollar Solid Fund Builder.
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