Mutual Fund Performance March 2009

PERFORMANCE OF MUTUAL FUNDS IN THE PHILIPPINES
For the Years Ended 2008 and 2007

Peso Stock Funds 2008 Return 2008 Rank 2007 Return 2007 Rank
United Fund, Inc. (14.28%) 1 8.45% 8
First Metro Save and Learn Equity Fund, Inc. (30.7%) 2 12.63% 7
Sun Life Prosperity Phil. Equity Fund, Inc. (37.59%) 3 20.58% 3
Philam Strategic Growth Fund, Inc. (38.13%) 4 19.86% 4
Philequity Fund, Inc. (40.67%) 5 18.32% 5
Philequity PSE Index Fund Inc. (40.75%) 6 21.74% 1
ATR KimEng Equity Opportunity Fund, Inc. (41.46%) 7 13.87% 6
Philippine Stock Index Fund Corp. (48.28%) 8 21.42% 2

Peso Balanced Funds 2008 Return 2008 Rank 2007 Return 2007 Rank
First Galleon Family Fund, Inc. 0.6% 1 0.22% 5
First Metro Save and Learn Balanced Fund Inc. (6.27%) 2 NA NA
Sun Life Prosperity Balanced Fund, Inc. (23.75%) 3 17.21% 2
Optima Balanced Fund, Inc. (23.89%) 4 8.31% 4
MFCP Kabuhayan Fund, Inc. (29.2%) 5 10.56% 3
GSIS Mutual Fund, Inc. (31.5%) 6 21.92% 1
Philam Fund, Inc. (32.52%) 7 NA NA

Dollar Balanced Funds 2008 Return 2008 Rank 2007 Return 2007 Rank
Sun Life Prosperity Dollar Advantage Fund, Inc. (8.68%) 1 3.54% 1

Peso Bond Funds 2008 Return 2008 Rank 2007 Return 2007 Rank
Cocolife Fixed Income Fund, Inc. 5.26% 1 5.76% 2
ALFM Peso Bond Fund, Inc. 4.26% 2 5.02% 3
First Metro Save and Learn Fixed Income Fund, Inc. 2.33% 3.5 4.35% 4
Philequity Peso Bond Fund, Inc. 2.33% 3.5 NA NA
Ekklesia Mutual Fund Inc. 1.96% 5 2.26% 8
Philam Bond Fund, Inc. 1.91% 6 4.29% 5
Sun Life Prosperity Bond Fund, Inc. 1.53% 7 2.42% 7
Philam Managed Income Fund 1.52% 8 (0.05%) 9
Sun Life Prosperity GS Fund, Inc. 0.57% 9 3.83% 6
Prudentialife Fixed Income Fund Inc. (5.0%) 10 7.58% 1

Foreign Currency Bond Funds 2008 Return 2008 Rank 2007 Return 2007 Rank
AIG Global Bond Fund Phils., Inc. 2.37% 1 NA NA
ALFM Dollar Bond Fund, Inc. 1.97% 2 5.36% 2
ALFM Euro Bond Fund, Inc. 0.08% 3 1.69% 8
Philequity Dollar Income Fund Inc. (0.71%) 4 4.88% 3
MAA Privilege Dollar Fixed Income Fund, Inc. (3.21%) 5 4.35% 5
Grepalife Fixed Income Fund Corp. (3.44%) 6 2.60% 7
Sun Life Prosperity Dollar Abundance Fund, Inc. (7.08%) 7 2.61% 6
Grepalife Dollar Bond Fund Corp. (7.18%) 8 4.65% 4
Philam Dollar Bond Fund, Inc. (7.44%) 9 6.55% 1
MAA Privilege Euro Fixed Income Fund, Inc. (13.87%) 10 (2.33%) 9

Peso Money Market Funds 2008 Return 2008 Rank 2007 Return 2007 Rank
Sun Life Prosperity Money Market Fund, Inc. 2.05% 1 2.03% 2
ATR KimEng Money Market Fund, Inc. (5.12%) 2 (4.72%) 3
Philequity Money Market Fund, Inc. NA NA 5.65% 1
Source: Investment Company Association of the Philippines