AIA Philippines announced that it is set to launch the AlA Global Dynamic Income-Paying Fund later this year, which is ideal for investors looking to maximize their savings and growth opportunities with the possibility of having additional income.
In a statement, the company said that the AlA Global Dynamic Income-Paying Fund will be managed by experts from AlA Investment Management Singapore.
The product will allow customers to earn dividend payouts with a potential increasing percentage when available.
AIA said they can stay invested while receiving potential dividend pay-outs, ensuring that long-term savings growth opportunity is sustained.
“AlA Global Dynamic Income-Paying Fund will open the door of opportunity to adventurous Filipino investors who are unafraid to take a risk for bigger rewards, bringing them a step closer to achieving their financial goals,” Kelvin Ang, AlA Philippines chief executive officer, said in a media briefing yesterday.
“We are always on the lookout for solutions that will help our customers maximize their savings’ growth potential,” he added.
AIA said that the dividend pay-out will not be treated as a withdrawal from the policy’s account value.
“At AlA, we are believers of long-term investing. We actively manage customers’ monies on their behalf to ensure they are well-positioned to capture long-term opportunities, relieving customers the pain point of having to constantly monitor the market as well as tough investment decisions to make,” Mark Konyn, AlA group chief investment officer, said.
Since its launch in 2020, the year-to-date gross performance of AlA Philippines’ Elite Funds range between 7.07 to 13.07 percent.
