CODVIP|CODVIP slot casino|CODVIP game slot|CODVIP slot philippines-n1 bet Pru Life UK introduces investment option
POSITION:CODVIP|CODVIP slot casino|CODVIP game slot|CODVIP slot philippines > CODVIP slot casino > n1 bet Pru Life UK introduces investment option
n1 bet Pru Life UK introduces investment option
Updated:2024-10-22 13:04    Views:113

Pru Life UK introduces investment optionPru Life UK introduces investment option

Pru Life UK in Baguio City. | FILE PHOTO: Official website of Pru Life UK / prulifeuk.com.ph

Pru Life UK, one of the leading life insurers in the country, launched a new investment option that would allow customers to invest in a global technology fund managed by ATRAM Trust Corporation.

The PRULink Global Tech Navigator Fund is a peso-denominated fund which would allow consumers to access ATRAM Global Technology Feeder Fund of ATRAM Trust Corporation.

Article continues after this advertisement

ATRAM’s fund is set to invest in a major global technology fund managed by Fidelity International.

FEATURED STORIES BUSINESS National ID gives more Filipinos ‘face value BUSINESS BIZ BUZZ: Unwinding Gogoro … quietly BUSINESS Polvoron maker seeks P500 million capital for expansion

READ: Pru Life UK picks insurance veteran as new CEO

“The PRULink Global Tech Navigator Fund is proof of our purpose to help Filipinos achieve their financial goals. Through our investment-linked insurance products, we want our customers to have access to the growth of tech-driven companies worldwide with a fund that largely invests through ATRAM in the Fidelity Funds – Global Technology Fund of Fidelity International,” Pru Life UK vice president and chief product officer Garen Dee said on Wednesday.

Article continues after this advertisement

The Fidelity Global Technology Fund is one of the largest technology investment funds in the world, with assets totaling $23.9 billion as of July. ATRAM, a leading asset management firm in the Philippines, manages over P360 billion in assets as of June this year.

Article continues after this advertisement

Given the tech sector’s strong performance compared to other industries, the PRULink Global Tech Navigator Fund provides an opportunity to invest in stocks of some of the world’s leading technology companies. This includes prominent names in tech such as Alphabet Inc., Amazon.com Inc., Apple Inc., Microsoft Corp, Samsung Electronics Co. Ltd, and Taiwan Semiconductor Manufacturing Co. Ltd.

Article continues after this advertisement

“These companies are not just at the forefront of technology but are also shaping the future of various industries worldwide,” Pru Life said in a statement.

The life insurance provider highlighted that the fund is suited for both new and existing customers who are willing to take on higher investment risks as it would enable them to invest in US dollar assets using the local currency.

Article continues after this advertisement

Moreover, it encouraged customers to take advantage of lower prices brought by the current short-term volatility in the market to buy top tech stocks.

Your subscription could not be saved. Please try again. Your subscription has been successful.

Subscribe to our daily newsletter

SIGN ME UP

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.n1 bet

READ NEXT La Niña could boost local sugar production – SRA First Gen invites bids for new LNG supply EDITORS' PICK Manila Water Foundation and partners underscore benefits of handwashing QC Mayor Belmonte highlights social services in State of City Address INQside Look with senatorial aspirant Tito Sotto LIVE UPDATES: Tropical Storm Kristine WPS: US missile deployment to PH key for combat readiness – US general SC issues TRO vs Comelec resolution on dismissed public officials MOST READ SC issues TRO vs Comelec resolution on dismissed public officials Tropical Storm Kristine slightly intensifies; Signal No. 2 in 5 areas LIVE UPDATES: Tropical Storm Kristine Espenido retracts drug-related allegations vs De Lima View comments