PNB High Dividend Fund hailed as 2023 Best Managed Fund

Receiving the award on behalf of PNB were (from left) FVP and Investment Management Division Head Dennis Elayda, SVP and Chief Trust Officer Joy Jasmin Santos, and SAVP and Fund Management Department Head Kay Pagal

23 August 2023 — Philippine National Bank’s (PSE: PNB) High Dividend Fund was recognized as one of the Best Managed Funds for 2023 under the Peso Equity Fund category last August 10 by the Chartered Financial Analyst (CFA) Society of the Philippines, an association of local investment professionals that annually gives recognition to funds that stand out among peers.

“The PNB High Dividend Fund has been among the consistent best-performing funds in the country for the last three years,” said Joy Jasmin Santos, PNB’s Chief Trust Officer and Head of Trust Banking Group. “This recognition is proof of PNB’s commitment to deliver superior investment performance and bring satisfaction to our clients.”

A total of 86 funds from 16 investment houses participated in the search conducted by CFA. The PNB High Dividend Fund was among the seven funds that delivered the highest risk-adjusted returns to investors.

Launched in June 2012, the PNB High Dividend Fund is a domestic equity fund in the Philippines that seeks dividend income and capital appreciation by investing in listed companies with high dividend yields and established history of paying dividends.

It is available for a minimum participation of only Php 2,000 – a much smaller amount than what one would ordinarily need to buy equity securities. In addition, the fund is a hassle-free investment tool for individuals who are too busy to manage their equities portfolio.