8 Of 10 Pinoys Optimistic About PH Prospects

They have different opinions as to when it would be achieved, but 8 of 10 Filipinos are optimistic that the Philippines is or can become a developed country. This is according to a survey commissioned by Sun Life of Canada (Philippines), Inc. and conducted by Social Weather Stations to determine the public’s opinion regarding development.

Asked if they think that the Philippines is already a developed country, 3 of 10 Filipinos said yes. While 7 of 10 opined that this is not yet the case at the moment, majority did express that this could be achieved in the future. 3 of 10 said the Philippines will become a developed country in ten years, 1 of 10 say it can be done in five years, and another 1 in 10 thinks it’s possible in three years. Meanwhile, 2 of 10 believe that the Philippines will never be a developed country.

Asked about what they believe best indicates a developed country, 41% said that it is the accessibility of “affordable good education”. The other top answers were a developed economy (40%) and the accessibility of job opportunities (36%).

74% expect that the country’s development would have a positive impact on them and their families, but 26% believe otherwise. The top 3 responses of respondents when asked what they are doing to improve their own financial situation are saving money (54%), growing their current business (19%), and not doing anything (18%).

“The country’s economic progress has been all over the news lately, and Sun Life wanted to know the Filipinos’ sentiments regarding this. It would be great if the country’s economic progress can be enjoyed by all and not just a few. However there are still those who do not foresee that the country’s economic progress would have any positive impact to them and there are those who are not doing anything to help their financial situation improve” said Sun Life Chief Marketing Officer Mylene Lopa. “But this financial freedom can only be achieved if each of us would also take personal accountability for our finances and take specific actions today.”

A Fresh Take On Equity Investment From Sun Life

Big risk, big rewards – this is the most common description of equity funds, which are funds invested in stocks. The high earning potential of equity funds make it appealing to investors with a considerable tolerance for risk.

While many are interested in the gains that the equity fund can offer, there are still some who are wary about the volatility that comes with it. With such investors in mind, Sun Life of Canada (Philippines) Inc. introduces Growth PLUS Fund, a new peso-denominated equity fund that not only accesses upside opportunities, but can also limit downside risk relative to its current equity funds. Growth PLUS Fund is available as a fund option to any of Sun Life’s Peso variable life insurance products. Variable life insurance products provide life insurance coverage along with opportunities to invest in different funds.

Growth PLUS Fund invests in a diverse portfolio of high dividend-paying equity instruments issued by high-quality and financially-stable companies. It adopts an active portfolio management strategy which allows the fund to swiftly reallocate equity assets as needed, within its investment mandate. Its aggressive characteristics allow one to enjoy higher potential earnings offered by investing in stocks as this product seeks to provide long-term capital growth. At the same time, consistent and diverse dividend earnings present in the fund’s underlying assets provide the fund some stability which can cushion the impact of a drop in stock prices during a market downturn.

“Growth PLUS Fund is a fresh take on equity investment and is an ideal addition to one’s portfolio for diversification,” Sun Life Chief Marketing Officer Mylene Lopa explained. “It’s a new way of investing in stocks because aside from offering the usual upside earning potential, the dividend earnings from its underlying assets can also provide some stability to cushion possible downward movement of stock prices.”

The launch of Growth PLUS Fund is among Sun Life’s many initiatives in line with its 120th anniversary in the Philippines. “As we mark this milestone in our company, we remain passionate about helping Filipinos achieve financial security. We will continue to do what we can in order to see this vision through, and that includes creating new products that will cater to the Filipinos’ different needs and preferences, and further enhancing our financial literacy advocacy,” Lopa said.

A Fresh Take On Equity Investment From Sun Life

Big risk, big rewards – this is the most common description of equity funds, which are funds invested in stocks. The high earning potential of equity funds make it appealing to investors with a considerable tolerance for risk.

While many are interested in the gains that the equity fund can offer, there are still some who are wary about the volatility that comes with it. With such investors in mind, Sun Life of Canada (Philippines) Inc. introduces Growth PLUS Fund, a new peso-denominated equity fund that not only accesses upside opportunities, but can also limit downside risk relative to its current equity funds. Growth PLUS Fund is available as a fund option to any of Sun Life’s Peso variable life insurance products. Variable life insurance products provide life insurance coverage along with opportunities to invest in different funds.

Growth PLUS Fund invests in a diverse portfolio of high dividend-paying equity instruments issued by high-quality and financially-stable companies. It adopts an active portfolio management strategy which allows the fund to swiftly reallocate equity assets as needed, within its investment mandate. Its aggressive characteristics allow one to enjoy higher potential earnings offered by investing in stocks as this product seeks to provide long-term capital growth. At the same time, consistent and diverse dividend earnings present in the fund’s underlying assets provide the fund some stability which can cushion the impact of a drop in stock prices during a market downturn.

“Growth PLUS Fund is a fresh take on equity investment and is an ideal addition to one’s portfolio for diversification,” Sun Life Chief Marketing Officer Mylene Lopa explained. “It’s a new way of investing in stocks because aside from offering the usual upside earning potential, the dividend earnings from its underlying assets can also provide some stability to cushion possible downward movement of stock prices.”

The launch of Growth PLUS Fund is among Sun Life’s many initiatives in line with its 120th anniversary in the Philippines. “As we mark this milestone in our company, we remain passionate about helping Filipinos achieve financial security. We will continue to do what we can in order to see this vision through, and that includes creating new products that will cater to the Filipinos’ different needs and preferences, and further enhancing our financial literacy advocacy,” Lopa said.

Sun Life Bags Three Quill Awards

Sun Life of Canada (Philippines), Inc., the country’s first and longest standing life insurance company, bagged three honors at the prestigious Philippine Quill Awards, for its successful communication campaigns promoting financial literacy.

Awards of Excellence were bestowed on two campaigns: “#PYOLO: Challenging the YOLO Mindset to Raise a Financially Prepared Generation” was recognized for effectively building awareness on financial literacy among the youth, while “Financial Independence Month” was honored for its innovative way of encouraging Filipinos to break free from the bondage of financial shortage, debt, worry, and the cycle of financial dependency.

Meanwhile, the campaign dubbed “Piggy Bank: Debunking an Age-old Filipino Habit” was given an Award of Merit for successfully promoting the importance of the save-and-invest habit

Financial literacy is an advocacy that Sun Life has long been rallying for.

“We’re thankful for the recognition and we’re happy that our efforts to present the abstract concept of finances in a manner that’s simple and easy to understand have been acknowledged,” said Sun Life Chief Marketing Officer Mylene Lopa. “As we mark our 120th year in the Philippines, this serves as a challenge for us to consistently be creative in finding ways to connect with Filipinos and help show the way towards a brighter, financially secure life.”

The Philippine Quill Awards is spearheaded by the International Association of Business Communicators (IABC) Philippines and aims to honor outstanding communications program and tools.