By Chino S. Leyco
Insular Life (InLife) has launched a new account to its fund portfolio called the Peso Global Technology Fund, the first in the Philippines.
InLife’s Peso Global Technology Fund seeks to achieve long-term capital appreciation by investing majority of its assets in a fund whose underlying investment is exposed to equity securities of technology companies throughout the world.
Mona Lisa B. Dela Cruz, InLife president and chief executive said “Our world today is dominated by technology and will continue to be so in the foreseeable future.”
“We believe this is an opportune time to invest in global technology because the sector offers a steady stream of solid growth,” she added.
Dela Cruz explained that while the fund takes advantage of the global market, clients do not need to buy dollars to be able to opt-in because it is peso-denominated.
InLife’s Peso Global Technology Fund is available through InLife’s variable universal life (VUL) products such as Wealth Assure Global, Wealth Secure Global, Solid Fund Builder, Wealth Protect, Variable Returns Asset, and Variable Returns Asset-First Million Fund.