The Manulife Income Builder Fund is a bond fund that aims to grow your money steadily over time by investing in a diversified mix of Philippine government and corporate 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 deliver stable, long-term growth. It invests in a diversified mix of Philippine fixed income securities, giving you broad exposure to the local bond market in a single fund. It is managed by Manulife.
What does it invest in?
The fund invests in government securities and high-quality corporate debt, along with other liquid fixed income instruments, all from the Philippine bond market. This diversified approach spreads risk across different issuers while aiming for steady income and modest capital growth.
Who is this fund for?
This fund may suit you if you:
- Want diversified exposure to Philippine bonds in one fund
- Are looking for steady growth rather than the sharp swings of stocks
- Are investing for the medium to long term
- Want a core bond holding that balances income and modest capital appreciation
What's the risk level?
This is a moderate-risk fund. Bonds are generally steadier than stocks, but their value can still move with interest rates, dipping when rates rise. As a diversified bond fund, it aims to smooth out those movements, though returns are not guaranteed.
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 1.5% 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. As a local bond fund, it settles within a few banking days. 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
- A core bond holding. Its diversified mix makes it a common building block for a balanced portfolio.
- Interest rates matter. Bond prices move opposite to interest rates, so values can dip when rates rise.
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.