Sun Life Grepa launches SLG MyFuture Fund
People want to get the most out of life. They aspire for a lot of things and choose to seize every opportunity to make sure their chances for success are optimized. Sun Life Grepa Financial, Inc. (SLGFI) is here to help with its latest fund called SLG MyFuture Fund.
The SLG MyFuture Fund is a simple financial solution that can be used to help address various needs at different stages in one’s life (e.g., child’s education, purchase of a property, seed capital for a business, retirement fund or eventual financial legacy for their loved ones). It also takes into account the general time frame when funds will have to be available to address these financial needs. SLG MyFuture Fund is available as a fund option to any Sun Life Grepa Financial Peso Variable Life Insurance product. Sun Life Grepa Financial’s Peso Variable Life Insurance products provide insurance protection until age 88 along with opportunities to invest in different funds.
“Our customers have different insurance and investment needs. More often than not, these are clearly identified goals with specific timelines linked to them,” explains Richard Lim, President of SLGFI. “SLG MyFuture Fund is the ideal solution for such medium to long-term funding needs because it optimizes the earning potential of one’s money until such time the funds are needed. This is achieved by focusing on wealth accumulation in the earlier years and switching to a gains preservation strategy as the maturity date of the fund nears.”
Expertly managed by professional fund managers, SLG MyFuture Fund comes in four different maturity dates that a client can choose from: 2025, 2030, 2035, or 2040. The fund promotes capital appreciation at the onset, through allocation in equities, in order to maximize fund accumulation. Then, it transitions to wealth preservation as it nears the maturity date, by shifting the portfolio allocation to fixed income assets, in order to help lock in the gains that the fund has earned in the earlier years. With the right combination of a variable life insurance base product, SLG MyFuture Fund provides solution to short, medium to long-term needs.
“This principle holds true whether you are working to fund your child’s college education 10-15 years down the road or preparing for retirement in 20+ years. You just need to decide on the nearest maturity period given the time frame of your needs,” Lim further added.
SLG MyFuture Fund can help one realize his goals in three easy steps: 1) Set a target date, 2) Choose the SLG MyFuture Fund nearest that target date, and 3) Pair the fund with the most suitable Sun Life Grepa Financial Peso Variable Life Insurance product, which include Sun Grepa Power Builder 1, Sun Grepa Power Builder 5 and Sun Grepa Power Builder 10.
“This fund is a financial solution for clients with longer investment horizon and greater tolerance for risk. These clients are more likely to accept shortterm volatility for the opportunity to optimize earning potentials over the medium-to-long term period and will eventually look to secure most of the gains made at the later stages. This fund fully supports our clients in the achievement of their financial goals on target, on time ” says Lim.