Sun.Star Davao

Security Bank launches 2 new feeder funds

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Security Bank Corp. (SBC) recently launched two new types of feeder funds, the SB US Equity Index Feeder Fund and SB Global Equity Index Feeder Fund, which will allow the public to invest beyond the Asia Pacific region and in developed and emerging markets in the US and across the globe.

Early this year, Security Bank launched its Asia Pacific Equity Feeder Fund, managed by the Mitsubishi UFJ Trust and Banking Corporatio­n.

The SB US Equity Index Feeder Fund aims to invest in large, mid, and small cap US equities with diversifie­d growth and value styles. The fund invests in up to 4,000 corporate names from the US stock exchange. Meanwhile, the SB Global Equity Index Feeder Fund allows the public to invest in developed and emerging economies in the world market with up to 8,000 corporate names in its portfolio.

Security Bank highlights that these new products will allow clients to diversify their investment portfolios based on risks and return objectives and expose them to the US and global equity markets.

“We want to continue bringing in other investment instrument­s to cater to the different objectives and risk appetite of every investor. With our new investment vehicles, investors could now venture globally and reach more highly profitable companies,” said Security Bank Executive Vice President & Treasurer Raul Pedro. /

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