Sun Life Partners With BPI For Auto-Invest

Sun Life Asset Management Company, Inc. (SLAMCI) announces its partnership with Bank of the Philippine Islands (BPI) for its Auto-Invest program, a regular investment program that allows one to invest straight from his bank account to any of the mutual funds managed by SLAMCI collectively called the Sun Life Prosperity Funds.

“The key to reaping the benefits of investing is consistency, and this is why we want to help our clients make a habit out of it. One way to do that is by making it convenient for them to invest automatically,” said SLAMCI President Valerie Pama. “With Auto-Invest, they won’t need to be reminded to go to the bank and transfer money to their Sun Life Prosperity Fund accounts.”

To enroll in Auto-Invest, one simply has to fill out the (1) BPI or BDO Automatic Debit Arrangement Form and (2) Sun Life Prosperity Auto-Invest Form then submit these to any Sun Life Customer Centre. These forms are also available at Sun Life Customer Centres nationwide. A savings, payroll, or checking account with the partner banks may be used.

According to Pama, Auto-Invest also serves as a good tool for building one’s investment fund. “The market can be unpredictable, but it’s not about timing the market. What matters more is the time in the market, so the earlier we start building our investment fund, the better,” she said.

BPI is the latest bank to affiliate with SLAMCI for Auto-Invest, joining BDO which was the company’s initial partner for the said program. Pama added that more banks are set to be added as partners for the Auto-Invest program in the coming months.

Pama emphasized that investing remains to be an ideal way of growing one’s money, especially for long-term goals such as a child’s education, purchasing a house, or saving up for a comfortable retirement. According to her, the Sun Life Prosperity Funds have been performing well, as historical returns show. For instance, fund performance as of September 30, 2016 show that the Sun Life Prosperity Bond Fund has yielded a 55.2% return for 10-year range; while the same duration has brought the Sun Life Prosperity Balanced Fund a 125.5% return, and 179.2% for the Sun Life Prosperity Equity Fund.

“By regularly investing, Filipinos can make their money work harder for them,” Pama stressed. “If they make investing a habit and stay committed to it for the long-term, then they can find their way to prosperity and look forward to a brighter future.”

To learn more about the Sun Life Prosperity Funds and the Auto-Invest program, contact a Sun Life Financial Advisor today or call(02)8499495 or (02)8499452, or email slamc@sunlife.com.