PIFA 10TH ANNUAL AWARDS NIGHT:

A decade of Recognizing Excellence in the Mutual Fund Industry

T he Philippine Investment Funds Association (PIFA) represents mutual fund companies in our country, currently composed of 53 Fund Members as managed by 11 Asset Management Companies. It aims to foster the growth of the Philippine Mutual Fund Industry by:

1. Contributing to nation-building through effective mobilization of long-term savings by increasing citizens’ awareness regarding investments;

2. Protecting the interests of the investing public and enlightening them on their investment options and risk exposures;

3. Partnering with the government by assisting, coordinating and cooperating with relevant regulatory agencies, led by the Securities and Exchange Commission, and;

4. Fostering the growth of the Philippine Mutual Fund Industry through the institution of the standards of excellence in the operations of Philippine investment companies.

The industry has indeed shown strong growth over the years. For a decade, member-funds’ total Assets Under Management (AUM) increased from P76.9 billion in 2005, to P235.9 billion, an impressive 11.86 percent increase each year. From 32 member-funds in 2005, it has increased to 55 member-funds, giving Filipino investors more options for their investment goals, thus, contributing more to their financial security.

Every year, PIFA holds its Annual Awards Night, recognizing the funds with superior performance for its investors. The awards are given for each category: money market funds, fixed income funds, balanced funds and equity funds, whether peso- or dollardenominated. This tradition, which started over 10 years ago, continues to reaffirm PIFA’s commitment to serving the investing public.

As the Philippine market is poised for ever stronger growth, PIFA remains steadfast in partnering with various stakeholders in fostering greater economic growth and financial security.