AUB bags three awards for best managed funds

ASIA UNITED BANK (AUB) dominated the recently held Best Managed Fund of the Year Awards, the global standard of excellence in the investment industry. The publicly listed universal bank bagged three awards, given by the CFA Society Philippines to recognize highperforming funds open to the public, based on their five-year risk-adjusted returns.

AUB won in three out of the seven categories in which 82 funds (unit investment trust funds and mutual funds) competed. The AUB Peso Investment Fund, which offered a 5-year return of 20%, won in the Peso Medium Term Bond category; the AUB Gold Dollar Fund, which offered a 5-year return of 21.73%, was adjusted best in the US$ Dollar Medium Term Bond category; while the AUB Equity Investment Fund, which offered the most attractive 5-year yield of 38.74%, won in the Peso Equity category.

“With AUB’s UITFs, retail investors can avail of our professional fund management services and a wide array of UITFs that cover all their inexperience vestment needs. The PHP equity and PHP fixed income UITFs allow retail clients to create their own portfolio mix depending on their risk tolerance, as well as their investment objectives. The Gold Dollar Fund provides clients who hold US dollars an investment outlet that provides higher interest income. Our PHP money market fund allows retail clients to invest in short-term money market instruments that provide higher returns than regular time deposit products,” said Andrew A. Chua, senior vice-president and head of trust & investments group at AUB.

In photo (L-R) are : CFA Society Philippines Vice-President Erwin Avante and Treasurer Cristina Gabaldon; Mr. Chua; AUB Assistant Vice-President Ma. Theresa E. Abad; and CFA Society Philippines President Cristina Arceo.