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BUTI PA SI (SSS) na isipan pang mag INVEST sa MUTUAL FUND nag bigay NG 12% per anum KA GALING-GALING ng (SSS) gising na KABAYAN san na punta ang ini INVEST MO. 🤔🤔🤔🤔🤔

MANILA, Philippines — For the first time, the Social Security System (SSS) has invested P3 billion of its investment reserve fund (IRF) in three mutual funds in the country, a move seen to yield higher returns for the state pension fund, its top official said yesterday.

SSS president and chief executive officer Emmanuel Dooc said the state fund last June 27 infused P1 billion each in PhilEquity Fund Inc., managed by Philequity Management Inc.; Sun Life of Canada Prosperity Balanced Fund Inc., managed by Sunlife Asset Management Co. Inc.; and Philippine Stock Index Fund Corp., managed by BPI Investment Management Inc.

“This is the first time in 61 years that the pension fund invested in mutual funds. The deployment of P3 billion in domestic mutual funds, although modest in size relative to SSS’ size of about P500 billion, is a significant first step in partnering with top local managers and has a lot of potential benefits,” Dooc said.

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Dati nagsesave ako ng money either sa alkansiya o sa bangko with a goal of buying something in the future. But even before i reach my desired amount, nagagastos ko na (madali lang naman kasi magbutas ng alkansiya at magwithdraw sa bangko) 😂

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