The Manulife Equity Wealth Fund is a stock fund that aims to grow your money over the long term by investing in companies listed on the Philippine Stock Exchange. Here's what it holds, who it suits, and how to invest through DragonFi.
It's an equity UITF (Unit Investment Trust Fund, a pooled fund run by a trust company) that aims for long-term capital appreciation. It does this mainly by investing in Philippine stocks, actively chosen by the fund's managers. It is managed by Manulife.
What does it invest in?
The fund invests primarily in stocks listed on the Philippine Stock Exchange, along with some fixed income and other liquid instruments. Because it's actively managed, the team selects companies it believes have strong long-term growth potential, rather than simply mirroring an index.
Who is this fund for?
This fund may suit you if you:
- Want long-term growth and believe in the Philippine economy
- Are comfortable with the ups and downs of the stock market
- Are investing for the long term, ideally five years or more
- Prefer an actively managed approach to Philippine stocks
It's less suitable if you'll need the money soon or want your balance to stay stable.
What's the risk level?
This is an aggressive-risk fund, the highest of the three risk bands. Stock prices can rise and fall sharply, so the value can swing significantly in the short term. In exchange, equity funds offer the highest potential for long-term growth. 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 equity 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
- Built for the long haul. Stock funds reward patience; short-term dips are normal, and time in the market matters more than timing it.
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Actively managed. The team picks individual stocks, aiming to do better than simply tracking the market.
Access the fund page here:
Manulife Equity Wealth 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.