Investment Ideas: September 23, 2024 

Here is our report for today, September 23, 2024, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: We highlight a range of bond options, including both dollar and peso-denominated securities. Notable among these are bonds from a Korean automotive finance company and an Indonesian aluminum producer, offering yields between 4-5% for maturities in the next 4-9 years.
• Stock Recommendations: We provide insights on three major Philippine companies, including a conglomerate showing recent recovery, a property developer expected to benefit from potential interest rate easing, and a food manufacturer that may face challenges as economic conditions improve and investor focus shifts.
• UITF Spotlight: We showcase a strong performance across various Unit Investment Trust Funds (UITFs), with several bond funds demonstrating positive returns over the past year. Notably, a US dollar-denominated investment grade corporate bond feeder fund has shown double-digit returns, appealing to investors with an aggressive risk profile.

Download our report here for details.