The Manulife Stable Income Fund is a lower-risk bond fund that aims to keep your money relatively steady while earning more than a savings account, by investing in high-quality, shorter-term Philippine bonds. Here's what it holds, who it suits, and how to invest through DragonFi.
It's a bond UITF (Unit Investment Trust Fund, a pooled fund run by a trust company) that aims to preserve capital and generate income. It does this by holding shorter-term, high-quality fixed income securities, which makes it one of the steadier bond funds in the lineup. It is managed by Manulife.
What does it invest in?
The fund invests in high-quality Philippine bonds, predominantly government securities rated investment grade, along with carefully selected corporate bonds. It focuses on securities that mature in up to about five years, which helps keep it more resilient to rising interest rates than longer-term bond funds.
Who is this fund for?
This fund may suit you if you:
- Want to earn more than a savings or time deposit, without taking on stock-market risk
- Prefer steadier, more predictable returns
- Are investing for the medium term, around one to three years or more
- Want a calmer, income-focused option, including during volatile markets
What's the risk level?
This is a moderate-risk fund that sits toward the calmer end of the bond range. Bond values can move with interest rates, falling a little when rates rise, but because this fund holds shorter-term, high-quality bonds, those swings are usually contained. It isn't guaranteed, but it's built for stability.
Can I hold this in a PERA or Regular account?
This fund is available through a Regular DragonFi account. It is not one of DragonFi's PERA-eligible funds.
What are the fees?
Like all UITFs, this fund charges a 0.75% per annum trust fee, already deducted from the fund before the daily price is calculated, so you don't pay it separately. Fees can change over time, so for the exact current trust fee, check this fund's page in the DragonFi app.
What's the minimum investment?
You can start investing in this fund for as low as ₱1,000 on DragonFi, and you can add to it any time.
How do I invest in or add to this fund?
You can invest in or top up this fund directly in the DragonFi app in a few taps. For the full steps, the daily cut-off time, and how your buy-in price (NAVPU) is set, see the "How to invest in a fund" article by DragonFi.
How do I sell or redeem it?
You can redeem some or all of your investment in the app whenever you like, with no fixed lock-in period. For the exact timeline, see the "How to sell or redeem a fund" article by DragonFi.
How long does it take to receive the money after I sell?
It takes 3 to 4 business days for the money to be credited to your account after selling the fund.
Where do I see the current NAVPU and returns?
The live price (NAVPU) and the latest returns are always shown on this fund's page in the DragonFi app. We don't list those figures here because they change every day, so the app is your most up-to-date source.
Good to know
- Steadier than stocks, livelier than cash. It aims to sit between a money market fund and a stock fund in both risk and return.
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Interest rates matter. When interest rates rise, bond prices can dip, though shorter-term bonds like these are less affected.
Access the fund page here:
Manulife Stable Income Fund | DragonFi
This fund is not a deposit and is not insured by the Philippine Deposit Insurance Corporation (PDIC). Returns are not guaranteed. The fund's price (NAVPU) can rise and fall, so you may get back less than you invested, and past performance is not indicative of future results.