(2010) Top Philippine Life Insurance Companies

June 30, 2011 1 Comment


Ranking of Life Insurance Companies  according to their Premium Income as of December 31, 2010 ( tentative data as of June 16, 2011 )

These data is also available on the Philippine Insurance Commission Website. ( http://www.insurance.gov.ph/ )

See below the list of Philippine Life Insurance companies and their premium income as of December 31,2010.

1. Philam Life & Gen. — 11,254,874,199

2. Sunlife — 10,633,280,619

3. Phil. Axa — 8,359,866,264

4. Pru Life — 7,356,704,771

5. Insular Life — 7,129,014,421

6. BPI Philam Life — 5,695,869,300

7. Manulife (Phils) — 3,974,603,127

8. Grepalife Financial — 3,492,356,444

9. United Cocolife — 2,333,374,408

10. Generali Pilipinas — 1,419,746,109

11. Asian Life & Gen. — 1,125,966,159

12. PNB Life — 1,007,884,869

13. Pioneer Life — 987,749,200

14. Manulife Chinabank — 974,297,387

15. Phil. Prudential — 828,153,747

16. Fortune Life — 743,347,867

17. First Life Financial — 592,584,006

18. Beneficial Life — 536,829,803

19. Paramount Life & Gen. — 501,389,990

20. Coop Life Ins. (CLIMBS) — 345,406,229

21. Asian Life Financial — 243,062,332

22. Country Bankers — 227,448,596

23. CISP — 164,352,729

24. Manila Bankers — 144,358,251

25. Philam Equitable — 119,179,293

26. Great Life Financial — 96,752,544

27. Manulife (Branch) — 89,402,505

28. Phil. Interlife — 86,140,134

29. Caritas Life — 66,122,810

30. CAP Life — 63,407,887

31. United Life — 44,046,747

32. Sony Life — 36,730,094

33. Banc Life — 37,296

34. BF Life — AS not yet submitted

35. National Life — AS not yet submitted

TOTAL  —–  70,674,340,137

source: Philippine Insurance Commission ( http://www.insurance.gov.ph/ )

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Top 40 Richest Filipinos (2011)

June 29, 2011 Leave a comment


Wow…. Mr. Henry Sy has a networth of 7.2Billion USD.. I think I need to review my investment plan again to outdone Mr. Sy (just kidding hehehe).. Actually, it was my dream to become 1 of the wealthiest Filipino and to be included on these prestigious lists someday.

I was expecting the 2 Manny’s (Manny V. Pangilinan and Manny Pacquiao) on these lists but I guess they were not rich enough. Anyway, below are the lists of (2011) Top 40 richest people in the Philippines released by Forbes.

Rank Name Net Worth ($mil) Age
1

Henry Sy

 7,200 86
2

Lucio Tan

 2,800 77
3

John Gokongwei Jr.

 2,400 83
4

Andrew Tan

 2,000 58
5

David Consunji

 1,900 90
6

Jaime Zobel de Ayala

 1,700 77
7

Enrique Razon Jr.

 1,600 51
8

Eduardo Cojuangco Jr.

 1,400 76
9

Roberto Ongpin

 1,300 74
10

George Ty

 1,100 78
11

Tony Tan Caktiong

 1,000 58
12

Inigo & Mercedes Zobel

 980 NA
13

Emilio Yap

 930 85
14

Andrew Gotianun

 795 83
15

Jon Ramon Aboitiz

 760 62
16

Beatrice Campos

 685 NA
17

Manuel Villar

 620 61
18

Vivian Que Azcona

 555 NA
19

Robert Coyiuto Jr.

 400 58
20

Mariano Tan

 375 NA
21

Alfonso Yuchengco

 370 88
22

Enrique Aboitiz

 310 89
23

Oscar Lopez

 280 81
24

Jose Antonio

 245 64
25

Eric Recto

 200 48
26

Gilberto Duavit

 190 76
27

Menardo Jimenez

 185 79
28

Alfredo Ramos

 180 67
29

Betty Ang

 165 NA
30

Felipe Gozon

 163 71
31

Tomas Alcantara

 160 65
32

Benjamin Romualdez

 155 81
33

Wilfred Uytengsu Jr.

 150 49
34

Manuel Zamora Jr.

 145 71
35

Jacinto Ng Sr.

 115 NA
36

Frederick Dy

 110 56
37

Luis Virata

 100 57
38

Bienvenido Tantoco Sr.

 95 90
39

Eugenio Lopez III

 90 59
40

Edgar Sia II

 85 34

Source: Forbes (
http://www.forbes.com/
 )

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(2010) Top 5 Performing UITF in the Philippines

June 28, 2011 1 Comment


To give you an idea of the UITF (Unit Investment Trust Fund) returns last 2010. Here are the list of top 5 performing UITF funds last 2010.

On the Equity UITF, the Union Bank “Large Capitalization Philippine Equity Portfolio” fund has a very good return. Just imagined you invest 1 million on Jan.01,2010…. By the time Dec.31,2010 comes your 1 million yields another million.

Last 2010, the PSE (Philippine Stock Exchange) index were up by 37.6% so a good return was expected for each fund. Anyway, its past performance will not guarantee its future return. Some factors like inflation rate, monetary policy and interest rates may affect the performance of each fund.

Peso Equity UITFs   

1. Unionbank of the Philippines —- 109.08%

Large Capitalization Philippine Equity Portfolio

2. United Coconut Planters Bank —- 78.00%

United Equity Fund

3. ING Bank, N.V.  —- 61.90%

ING Philippine High Conviction Equity Fund

4. Banco de Oro —- 50.59%

Equity Fund

5. Banco de Oro —- 49.85%

BDO Peso Equity Fund

Peso Balanced UITFs    

1. United Coconut Planters Bank —- 43.09%

United Balanced Fund

2. RCBC  —- 40.90%

Rizal Balanced Fund

3. Banco de Oro —- 39.81%

BDO Peso Balance Fund

4. BPI —- 37.39%

Balanced Fund

5. Landbank of the Phils.  —- 34.25%

Growth Fund

Peso Bond UITFs (Intermediate-Term)

1. Unionbank of the Philippines —- 11.08%

Current Income Portfolio (T-Bill 91)

2. Banco de Oro —- 9.10%

BDO Peso Bond Fund

3. Unionbank of the Philippines  —- 8.66%

Infinity Prime Fund

4. ING Bank, N.V.   —- 7.48%

ING Peso Income Fund

5. BPI  —- 7.30%

Premium Bond Fund

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(2010) Top 5 Performing Mutual Funds in the Philippines

June 27, 2011 1 Comment


Just want to give you an idea how awesome is the Philippine Mutual Fund returns last 2010. Imagined your money invested in 1 of this fund and compare it to the bank deposit interest rates.

Below are the list of top 5 performing Mutual Fund Peso Equity, Balanced and Bond last 2010.

Peso Equity Funds                                                                

1. First Metro Save and Learn Equity Fund, Inc. — 63.37%

2. Philam Strategic Growth Fund, Inc. — 55.81%

3. Philequity Fund, Inc. — 54.25%

4. ATR KimEng Equity Opportunity Fund, Inc. — 51.82%

5. Sun Life Prosperity Phil. Equity Fund, Inc. — 41.24%

Peso Balanced Funds                                                          

1. First Metro Save and Learn Balanced Fund Inc. — 61.97%

2. ALFM Growth Fund, Inc. — 53.72%

3. Philam Fund, Inc. — 48.67%

4. GSIS Mutual Fund, Inc. — 47.31%

5. MFCP Kabuhayan Fund, Inc. — 42.26%

Peso Bond Funds                                                                         

1. Cocolife Fixed Income Fund, Inc. — 11.99%

2. First Metro Save and Learn Fixed Income Fund, Inc. — 11.56%

3. Sun Life Prosperity GS Fund, Inc. — 10.93%

4. ALFM Peso Bond Fund, Inc. — 9.07%

5. Philequity Peso Bond Fund, Inc. — 8.79%

Anyway, the past performance of each fund will not guarantee its future return. Since, mutual fund is primarily invested on equity and bond securities. The following factors such as high inflation rate, monetary policy and interest rate will play a big part on your investment performance.

I may say that this year (2011) some Mutual Funds were encountering some loss due to uncertainties of the European debt issues and the news of another recession in the US economy.

For me, I think this situation is good time for accumulating more shares in Mutual Fund. Last 2008 (due to global financial crisis), I have seen my mutual fund portfolio falls almost 40% but instead of making a panic I still continue to buy shares every month. So, when the market bounces back starting 2009 I have good returns on my investment.

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PSEi (Philippine Stock Exchange Index) Stocks List as of May2011

June 23, 2011 1 Comment


For new investors, I think the best way to get started on investing on the Philippine stock market is thru buying the PSEi composite stocks.

The PSEi (Philippine Stock Exchange Index) previously known as the Phisix, is composed of 30 publicly-listed Philippine stocks selected to represent general movement of market prices. It is also the indicators of the general state of the Philippine economy.

The companies included in the PSEi must meet the criteria of minimum free float level, a certain amount of trading volumes/values, and its full market capitalization.

List of PSEi Composite Stocks as of 9May 2011

1.   Aboitiz Equity Ventures (AEV)

2.   Aboitiz Power (AP)

3.   ABS–CBN Corporation (ABS)

4.   Alliance Global Group, Inc. (AGI)

5.   Ayala Corporation (AC)

6.   Ayala Land (ALI)

7.   Banco de Oro Unibank, Inc. (BDO)

8.   Bank of the Philippine Islands (BPI)

9.   DMCI Holdings (DMC)

10. Energy Development Corporation (EDC)

11. Filinvest Land (FLI)

12. First Gen Corporation (FGEN)

13. First Philippine Holdings Corporation (FPH)

14. Globe Telecom (GLO)

15. International Container Terminal Services Inc. (ICT)

16. JG Summit Holdings (JGS)

17. Jollibee Foods Corporation ( JFC)

18. Lepanto Consolidated Mining Company (LC / LCB)

19. Manila Electric Company (MER)

20. Manila Water Company (MWC)

21. Megaworld Corporation (MEG)

22. Metro Pacific Investments Corporation (MPI)

23. Metropolitan Bank and Trust Company (MBT)

24. Philex Mining Corporation (PX)

25. Philippine Long Distance Telephone Company (TEL)

26. Robinsons Land Corporation (RLC)

27. Security Bank Corporation (SECB)

28. SM Investments Corporation (SM)

29. SM Prime Holdings (SMPH)

30. Universal Robina Corporation (URC)

These PSE composite stocks are revised and reviewed twice a year (March and September). If there will be another changes on the list of these stocks this year, it will be announced in September 2011.

Source: Philippine Stock Exchange (http://www.pse.com.ph/)

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Best Time to Start Investing for your Retirement

June 20, 2011 Leave a comment


Maybe this question sometimes pops up in your mind?

When is the best time to start investing for your retirement?

As a general rule of thumb, you should start investing as earlier as possible. Actually, it is wise to build your investment portfolio at the age of 20 rather than 30. The earlier you start, the better your chance in growing your basket of cash that will sure to sustain you over the retirement.

In investment, time is your greatest ally. The earlier you invest; the chance of making your money grow through the power of compound interest will be on your side.

The other benefit of investing early is a better chance of riding out bad times in the market. Example : When you start investing 5 years before your retirement and there is some sort of financial crisis in the middle of your investment period. What yield would you expect on your investment? The worst is you are at a losing side when you redeemed it. However, if you have a longer investment horizon your greatest ally (time) will help you ride out this bad financial crisis and redeemed it later after the market recovers and you have realized earnings.

Conclusion:

The best time to start investing for your retirement is as soon as possible.

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List of Life Insurance Companies in the Philippines (2011)

June 17, 2011 Leave a comment


Life Insurance provides financial security in case of untimely death of the family’s bread winner. In a sudden loss of income due to this circumstances (death), our life insurance will protect our families from other financial obligations we have left.

Below are the list of Life Insurance companies in the Philippines whose certificate of authority were released for licensed year 2010-2011.

All licensed Insurance Companies in the Philippines were regulated by Insurance Commission. You can also check their website to know the latest list of licensed companies. (http://www.insurance.gov.ph/)

Life and Non-Life Insurance Companies (Composite)

1. AsianLife and General Assurance Corporation

(Formerly: ATR Professional Life Assurance Corporation – name changed effective 31 March 2003)

2. CLIMBS Life & General Insurance Cooperative

3. Paramount Life & General Insurance Corporation

4. Philippine American Life and General Insurance Company

Life Insurance Companies

1. AsianLife Financial Assurance Corporation

(Formerly: All Asia Life Assurance Corporation -name changed effective 31 March 2003)

2. Banclife Insurance Company, Inc.

3. Beneficial Life Insurance Company, Inc.

4. BF Life Insurance Corporation

5. BPI-Philam Life Assurance Corporation

(Formerly:Ayala Life Assurance, Inc.)

6. CAP Life Insurance Corporation

7. Caritas Life Insurance Corporation

8. Cooperative Insurance System of the Philippines

9. Country Bankers Life Insurance Corporation

10. First Life Financial Company, Inc.

(Formerly: First Guarantee Life Assurance Co.-as of 2007 )

11. Fortune Life Insurance Company, Inc.

12. Generali Pilipinas Life Assurance Company, Inc.

13. Great Life Financial Assurance Corporation

(Formerly: Nippon Life Insurance Company of the Philippines as of 2007)

14. Grepalife Financial, Inc.

(Formerly: Great Pacific Life Assurance Corp.)

15. Insular Life Assurance Company, Ltd., The

16. Manila Bankers Life Insurance Corporation

17. Manufacturers Life Insurance Company (Phils.), Inc., The

18. Manufacturers Life Insurance Company (Branch), The

19. Manulife Chinabank Life Assurance Corporation

(Formerly: The Pramerica Life Insurance Co., Inc.)

20. Philam Equitable Life Assurance Company, Inc.

21. Philippine AXA Life Insurance Corporation

22. Philippine Prudential Life Insurance Company, Inc.

23. Philippines International Life Insurance Company, Inc.

24. Pioneer Life Inc.

25. PNB Life Insurance, Inc.

26. Pru Life Insurance Corporation of U.K.

27. Sony Life Insurance (Phils.) Corporation

28. Sun Life of Canada (Philippines), Inc.

29. United Coconut Planters Life Assurance Corporation

30. United Life Assurance Corporation

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Stocks vs. Bonds Investment

June 16, 2011 Leave a comment


In investment world, you will always hear the word stocks (or equities) and bonds. These are both forms of investments.

 Actually, stocks and bonds are both securities. The major difference between the two is that stockholders have an equity stake in the company (they are owners), whereas bondholders have a creditor stake in the company (they are lenders).

 Risks and Returns

Bonds – this is suitable for an investor with a low to medium risk appetite. Normally, a coupon rate with fixed amount was paid either quarterly, semi-annually or annually.

Stocks – this is suitable for investor who wants higher returns and with a high risk appetite.

 Terms

Bonds – usually have a defined terms or maturity. Normally, the bonds maturity period ranges from 1 year up to 30years. However, there were some bonds that have no maturity ( perpetuity bond).

Stocks – As long as the investor hold on the stocks. He has an equity stake (part ownership) of the company.

 Price

Bonds – the bonds prices move inversely with the interest rates. When the interest rates goes up the bond prices go down and vise versa, when the interest rates is down the bond prices is up.

Stocks – the stocks prices is based directly on the performance of the company. If the company is doing well, growing, and making a profits, then the price of the stocks follow. If it’s failing, the prices of the company stocks will likely decreases in value.


In Summary:

Both stocks and bonds are profitable investments. However, every investor should also assess the risk involve before jumping into these investments.

The key to wise investing is always a good analysis and research. Invest only on the business you know.

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Investing in Bonds

June 15, 2011 2 Comments


What is BONDS?

Bonds are loans given by investors to a corporation or government entity. The issuer is the borrower (debtor), the holder is the lender (creditor), and the coupon is the interest.

It is a kind of debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.

Although investing in bonds is suitable to investors with low to medium appetite for risk. A thorough analysis should be made before going into bonds.

Risk in Bond Investment

  1. Every investor should assess the credit worthiness of the company issuing the bond. There were some circumstances that the principal amount will not be paid back and this will be a loss to the investor. There were no such things as free lunch in bond investing, normally, the company with good credit worthy will pay less interest for the bond they will issue.
  2. The interest rates affect the bond prices. The increase in interest rates will result to a decrease in bond prices, vise versa, when interest rate is down the bond price goes up.

A bond has its maturity date. Upon reaching its maturity, a bond’s principal amount is returned. A bond’s maturity can be issued at 1 up to 30 years.

Bonds Maturity

Bills (Short Term) – maturities between 1 to 5 years

Notes (Medium Term) – maturities between 6 to 12 years

Bond (Long Term) – matures more than 12 year

For those instruments with maturities with less than 1 year is called Money Market.

How will the investor earn in BONDS?

1. The Bond investor will earn thru payment of the coupon interest. This rate is usually fixed for the duration of the life of the bond. The coupon has a payment option of either quarterly, semi-annually or annually.

2. The other way to earn in Bond is thru trading.

Actually, my exposure to Bond investing is limited. Right now, my investment participation on this instrument is only through Mutual Fund and UITF.

For OFW like me, I guess Bond investment thru MF and UITF is a good choice since, I have lack time to monitor the interest rates and at the same time I have limited knowledge about bond trading.

To select Mutual Fund or UITF product that primarily invests in BONDS on their portfolio, you have to choose the Fixed Income or Bond type. But, if you want a portfolio with mixed bonds and equities securities on their portfolio, you have to choose the Balanced Fund type.

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Famous Investment Quotes

June 13, 2011 Leave a comment


I know that the word “Investment” is one of the most boring topics. I will not argue about it because, if this is an exciting topic I think there will be billion of millionaires in this world.

Anyway, do you know that this unpopular topic is the secret of the rich?

The rich thru their “Investment” let’s their money work hard for them, but for a middle income like us we work hard to earn money.

I’ve made a list of inspiring Investment Quotes from the Famous Investors.

1. “Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffett

For the beginners, a wide diversification is necessary. But once you have the confidence and knowledge, you can adjust your portfolio accordingly and make the big bet on the stocks you know.

2. “The individual investor should act consistently as an investor and not as a speculator.” – Ben Graham

No one can predict the future. As an investor make a decision base on the fundamental and your analysis, and not on speculation.

3. “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen

Although bank savings deposit is a sure investment bet… No one gets rich by doing this.

4. “An investment in knowledge pays the best interest.” – Benjamin Franklin

Make an analysis and study before going into any investment.

5. “Every once in a while, the market does something so stupid it takes your breath away.” – Jim Cramer

There are no sure bets in the world of investing; there is risk in everything. Be prepared for the ups and downs.

6. “It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki

7. “Know what you own, and know why you own it.” – Peter Lynch

Evaluate your portfolio from time to time. What’s good today may not be good in the future.

8. “If you have trouble imaging a 20% loss in the stock market, you shouldn’t be in stocks.” – Jack Bogle

Know your risk appetite before going into investment… If you are an investor with low risk appetite, the stock market will not be suitable to you.

9. “Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it.” – Peter Lynch

Good management is important but, good business matters most.

10. “Be flexible and humble, and learn from mistakes” – Peter Lynch

In investment, you will not be right all the time. Mistakes will be your teacher, accept it and learn from its lessons.

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