This new investment-linked life insurance fund offers up to 6%potential payout annually
Leading life insurer Pru Life UK introduces PRULink Cash Flow Fund Plus, the newest in its suite of expertly-managed investment-linked life insurance funds, that offers high payout target of up to 6% annually or 1.5% quarterly.
This new fund is available until 31 March 2023 to customers with moderate to aggressive risk appetite and medium-to-long-term financial goals.
PRULink Cash Flow Fund Plus is invested in a diversified portfolio consisting primarily of US high-yield bonds and Asian bonds that provide higher coupons or income, allocated by the fund manager within the range of 25% to 65%.
On top of global bonds, up to 20% of the fund is invested in global stocks, which is another source of income through dividends and is usually an indicator that the company has a sustainable record of profitability and financial strength.*
The fund is expertly managed by Eastspring Investments, recognized as the Asset Management Company of the Year in the ASEAN region by The Asset Triple A Sustainable Investing Awards in 2021. Eastspring Investments have been managing PRULink Funds since 2002.
“Our mission is to help Filipinos achieve financial security through our innovative and customer-centric products ranging from life to health protection and investments,” Pru Life UK President and CEO Eng Teng Wong shares. “We are confident that the combination of our 33,000-strong digitally empowered agency force, digital assets, and like-minded partner ecosystems will further enable us to help many more Filipino families live healthier and wealthier.”
Achieve wealth goals
PRULink Cash Flow Fund Plus is exclusively for customers who will avail a new peso-denominated PRUMillionaire or PRULink Investor Account Plus for a limited time. Both are one-time pay investment-linked life insurance plans that help customers achieve their medium-to-long-term financial goals while giving them guaranteed insurance protection.
PRULink Cash Flow Fund Plus takes off from the successful PRULink Cash Flow Fund USD and PHP-hedged share classes, which were introduced to the market in 2014 and 2018, respectively. Since launch, these funds have consistently hit their target of 4% payout annually.
“As we all celebrate this holiday season, we encourage everyone to be wiser in spending their hard-earned money. Fitting as a gift to our valued customers, we are launching the PRULink Cash Flow Fund Plus as their new fund option – most specially for those looking for capital growth and potential regular source of cash, amid these volatile times,” says Pru Life UK Vice President for Investment Marketing Mark Anthony Valino.
To know more about Pru Life UK and PRULink Cash Flow Fund Plus, please visit prulifeuk.com.ph
Note: *The underlying assets of the Fund are not limited to the above and may change for diversification and asset allocation purposes at the discretion of the Fund Manager.