Sun Life Lowers Minimum Mutual Fund Investment to PhP1,000

By Doris Dumlao-Abadilla, Philippine Daily Inquirer

The Philippine mutual fund management arm of Sun Life of Canada has lowered its minimum investment requirement for peso-denominated mutual funds to P1,000 from P5,000, aiming to reach out to a broader market.

The reduction in the minimum investment to make mutual funds more affordable for start-up investors was announced by Sun Life Asset Management Co. Inc. (SLAMCI) President Valerie Pama in a recent briefing.

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