Manila – In today’s world, technology drives everything we do. From AI and 5G to Cloud Storage and Gaming—tech is at the core of our lives. To harness growth in this dynamic sector, Pru Life UK introduces the PRULink Global Tech Navigator Fund (the “Fund”)—your gateway to investing in the future of technology.
The Fund is a Peso-denominated investment vehicle focused on global companies at the forefront of technological advancements. It offers access to the ATRAM Global Technology Feeder Fund of ATRAM Trust Corporation (“ATRAM”) whose target fund is Fidelity International’s Fidelity Funds – Global Technology Fund (the “Target Fund”).
The Target Fund is one of the largest in the world with USD 23.9 billion in assets as of July 2024. Meanwhile, ATRAM is the leading digitally-powered asset and wealth management firm in the Philippines with over PHP 360 billion in assets under management as of June 2024.
“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 shares.
With the PRULink Global Tech Navigator Fund, you gain exposure to some of the world’s most influential tech leaders, including Alphabet Inc., Amazon.com Inc., Apple Inc., Microsoft Corp, Samsung Electronics Co. Ltd, and Taiwan Semiconductor Manufacturing Co. Ltd. These companies are not just leaders in technology but are also transforming industries like healthcare, finance, and consumer goods, creating new growth opportunities across multiple sectors.
The global tech sector is experiencing short-term volatility, presenting a prime buying opportunity. By investing in high-quality tech stocks at relatively low prices, the PRULink Global Tech Navigator Fund allows you to maximise long-term capital gains. Additionally, by investing in Dollar-denominated equity assets with your Philippine Peso, you can potentially benefit from favorable foreign exchange rate movements (though there may be potential losses as well, depending on the performance of the Philippine Peso against the US Dollar).
The fund’s diversified approach and active management make it an attractive choice for investors with an aggressive risk appetite—from young professionals and tech enthusiasts to seasoned investors seeking to diversify their portfolios with a focus on technology.
Since its inception, the ATRAM Global Technology Feeder Fund has shown a strong annual growth return of 21% as of July 2024, making the PRULink Global Tech Navigator Fund a compelling choice for investors seeking exposure to the global tech sector.
“ATRAM is proud to partner with Pru Life UK on the PRULink Global Tech Navigator Fund, offering Filipino investors a way to benefit from the global tech sector’s growth. We are committed to delivering a fund that not only meets the highest standards of excellence but also offers clients exceptional growth opportunities in an ever-evolving market,” says Andrew Caw, ATRAM’s Chief Marketing Officer.
Exclusive to Pru Life UK’s select investment-linked insurance plans, this Fund not only offers wealth growth potential but also ensures financial protection, helping customers achieve their financial goals with confidence.
Learn more about the PRULink Global Tech Navigator Fund at www.prulifeuk.com.ph or contact your Pru Life UK agent today.
# # #
About the ATRAM Group
The ATRAM Group (ATRAM) is the leading independent asset and wealth manager in the Philippines. It has established itself as a trusted and reliable partner by offering unparalleled investment solutions to clients and staying at the forefront of the industry in the Philippines. As of June 2024, ATRAM managed approximately PHP 360 Billion in assets.
As a multi-awarded asset management company, ATRAM strives to deliver exceptional results and personalized solutions tailored to client’s unique needs. With an impressive 54% market share in the Philippine global feeder fund space, ATRAM remains steadfast in pushing boundaries to redefine the industry by offering innovative products and services.
ATRAM operates through ATRAM Trust Corporation and ATR Asset Management Inc., with its headquarters located in 8 Rockwell Building, Rockwell Center, Makati City. For more information: www.atram.com.ph
About Fidelity International
Fidelity International is a leading and award-winning global asset manager with over 50 years of experience managing USD 816.9 billion of assets servicing 2.83 million clients globally. Know more at https://www.fidelityinternational.com/
About Pru Life UK
Established in 1996, Pru Life UK is the pioneer of insuravest, or investment-linked life insurance products, in the Philippines and is one of the first life insurance companies approved to distribute US dollar-denominated investment-linked life insurance policies in the country. Since its establishment, Pru Life UK has expanded its reach to over 170 branches and general agency offices in the Philippines, with the largest life insurance agency force with more than
38,000 licensed agents.
The company ranks #1 for New Business Annual Premium Equivalent and Total Premium Income from Variable Life Insurance Products according to the Insurance Commission’s Life Insurance Sector Quarterly Statistics for Q2 2024. Pru Life UK is headquartered in Uptown Bonifacio, Taguig City.
Pru Life UK and Prudential are not affiliated with Prudential Financial, Inc. (a company whose principal place of business is in the United States of America), Prudential Assurance Company (a subsidiary of M&G plc, a company incorporated in the United Kingdom), Philippine Prudential Life Insurance Company, Prudentialife Plans, Inc. or Prudential Guarantee and Assurance, Inc. (all Philippine-registered companies). Pru Life UK is a life insurance company and is not engaged in the business of selling pre-need plans.
For more information: www.prulifeuk.com.ph
Email: contact.us@prulifeuk.com.ph