Philam Asset Management Inc (PAMI) recently reported that as of October 30, 2017, their PAMI Asia Balanced Fund (PABF) surpassed 17% returns on its year to date performance, thus making it the best performing fund to date. The PABF is for moderate investors who want to invest in a fund with a more flexible dollar denominated portfolio, allocated to the Asian Equity and Fixed Income Market. Given that the fund is invested in equities and debt securities of Asian issuers in the region, it is geared towards long-term capital appreciation and stable income.
PAMI is an asset management company that administers, distributes and provides investment advisory to nine mutual funds. The company is a wholly owned subsidiary of Philam Life. “What sets our PABF fund apart from other funds is its unique portfolio mix. There’s nothing like it in the current market,” explained Michelle Villanueva, Head of Products and Marketing for PAMI. “Combined with our award-winning fund managers and our company’s track record of being one of Asia’s top Investment Houses, this is an ideal opportunity for investors to enjoy dollar-denominated earnings,” she added.
PABF has been overweight on equities since January of this year, complemented by the strong performance of Asia (excluding Japan) and China’s growth stabilization. This led to strong emerging market inflows, particularly in the Technology, E-commerce, banking, and property sectors of China, Korea, Singapore , and Australia.
“The best part is that it is quite easy to invest in the PABF. All it takes is a minimum of US$200, and subsequent top-ups can go as low as US$50,” Villanueva pointed out. “For a relatively low entry point, PAMI allows investors to access international markets,” she concluded.
Philam Asset Management Inc is a member company of the AIA Group, the largest pan-Asian life insurance group that has a unique heritage of serving the world’s most dynamic region for more than 90 years. Established in 1992, PAMI is one of the largest asset and wealth managers in the mutual fund industry with more than PhP40 Billion Assets under management as of June 30, 2014.
A major contributor to the development of the Philippine mutual fund industry, Philam Asset Management Inc is a leader in asset management in the Philippines, managing nine funds from different asset classes for different client risk appetites namely: Philam Managed Income Fund, Philam Bond Fund, PAMI Global Bond Fund, and Philam Dollar Bond Fund, Philam Fund, PAMI Asia Balanced Fund, PAMI Horizon Fund, PAMI Equity Index Fund and Philam Strategic Growth Fund.