SUN Life Asset Management Co. Inc. (SLAMCI) said its asset under management (AUM) aggregated P47 billion as at end-2014.
SLAMCI President Valerie Pama said the wealth management company has gone along way since it started in 2000, with just three funds totaling over P150 million in AUM.
She said SLAMCI has prepared a robust expansion plan this year, which marks the company’s 15th anniversary.
“Distributions channels are set to be expanded further, new products will be developed and launched in the market, more financial planning sessions and investment forums will be held,” Pama said.
She added that the company’s digital presence and online capabilities will also be strengthened.
SLAMCI manages eight funds collectively called Sun Life Prosperity Fund.
SLAMCI also made a new record when it launched the SunLife Prosperity Dynamic Fund last year, which generated P2.8 billion in gross sales in only a month.
As of November 2014, the balanced fund remains the largest mutual fund in the country, with funds amounting to P17 billion.
She said SLAMCI’s number of active clients has grown 60,776 as of December 2014, a 21-percent growth from 2013.
SLAMCI has 2,449 financial advisors and 10 bank partners.
Its offerings include the Invest for Rewards promo, where investors are rewarded with credits to top online merchants.
For a minimum accumulated or one-time investment of P100,000, or $2,000 under Option B, investors are given reward points convertible to online shopping credits and gift certificates.
“We have partnered with the best merchants, such as Deal Grocer, BeautyMNL, Zalora, and Sodexo, to provide our investors a variety products and services to choose from.
From travel packages, to dining experiences from beauty to fashion pieces, and from gadgets to wellness packages, investors will have the flexibility to decide how to utilize their rewards points,” she said.
Invest for Rewards runs until June 30. She said SLAMCI has forged partnership with COL Financial, wherein five of the SunLife Prosperity funds will be made available to Internet-savvy investors.
“SLAMCI welcomes the opportunity to reach out to even more Filipinos and help them discover the significant benefits that investing offers,” she said.