Security Bank launches Asia Pacific investment fund

Security Bank Corporation (SBC) has introduced a new type of investment vehicle which allows the public to invest in highly profitable companies across the Asia Pacific region.

The SB Asia Pacific Equity Feeder Fund, a dollar-denominated unit investment trust fund (UITF) feeds into an off-shore fund which is managed by Mitsubishi UFJ Trust and Banking Corporation, the trust banking arm of Mitsubishi UFJ Financial Group (MUFG). The fund enables Wealth Management clients and retail investors who have the appetite for global investments achieve capital growth by investing in companies that can achieve long-term, stable and above-market earnings growth.

“Through our partnership with MUFG, we are opening more opportunities for our clients to venture outside the Philippine market and invest in one of the most exciting and most promising regions in the world,” said Security Bank President & CEO Alfonso L. Salcedo, Jr.

A UITF is a pool of investments funded by various investors. Security Bank’s line of funds, which are also available for institutional investors, are designed to provide diversified investment exposure based on different risk and return objectives of investors.

An experienced investment team in Singapore selects companies through detailed and extensive analysis according to specific criteria suited to investing in Asian companies. The companies that the fund has already invested in include the Chinese tech-giants Tencent Holdings and Alibaba Group and South Korea’s Samsung Electronics.

“We assess companies with above average earnings growth and below average earnings volatility to consistently earn attractive long-term returns. Our strategy is backed by a quantitative tool that allows us to build a universe of stocks that match our investment philosophy,” Mitsubishi UFJ Trust and Banking Corporation Co-Chief Fund Manager for Asia Pacific ex Japan Equity Stable Growth Fund, Ernest Sutanto said.

Through the SB Asia Pacific Equity Feeder Fund, Security Bank is offering their Wealth Management and retail clients the chance to reap significant gains from one of the fastest growing economic regions in the world, backed by the rapid growth of emerging economies within the region such as China.

“We expect to see more upside in Asia Pacific in the coming months since there are strong corporate earnings, growing at more than 12% next year while the current valuations has a premium 15 times greater than their average earnings,” Sutanto said.

“China’s GDP is also expected to grow above 6% while Chinese companies will be seeing better margins with the supply reforms and initiatives by the government,” he added.

Security Bank said investors may take advantage of the strong US dollar against Philippine peso through the dollar-denominated equity investment. Individuals may invest for a minimum amount of USD 1,000 for retail investors and $5,000 for Wealth clients to avail of the UITF.

For more information on the Asia Pacific Equity Fund or other UITFs, contact [email protected] or call 888-7372 / 7371. Visit https://www.securitybank.com/apacfund/ for more information.

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