Bitoy Posted July 28, 2005 Share Posted July 28, 2005 I also want to start investing in mutual funds. Can anyone recommend which are the ones performing very well for the past few years? Quote Link to comment
bRIX Posted July 29, 2005 Author Share Posted July 29, 2005 the top two are philequity and philam bond funds. Quote Link to comment
wyvern Posted July 30, 2005 Share Posted July 30, 2005 What about sunlife? ok ba eto as investment? Quote Link to comment
bRIX Posted July 31, 2005 Author Share Posted July 31, 2005 # What is a mutual fund?>>> A mutual fund is an investment vehicle that allows the small investor the opportunity to participate in and benefit from stock market investing. It does this by pooling the money of institutions with the money of individual investors, like yourself, and then hiring a fund manager to invest these assets. # Is my principal secure? Can i lose money?>>> Investing in mutual funds, like investing in the stock market, involves risk. Any investment that involves risk means that you may lose some of your original investment. However, a mutual fund does several things to control, and contain that risk. First is having the fund managed by a professional manager. A professional fund manager's primary job is to invest the assets of the fund to get the best return for the shareholders. Second, the investments of a mutual fund are diversified, that is, it is invested in many different stocks, thus insulating the fund from a downturn in any one particular stock. While there are risks in mutual fund investing, the returns can be rewarding. Stock market investing over the long term has proven to provide higher returns than traditional investment vehicles. # What is the interest rate if I invest?>>> Mutual funds are not fixed income investments like treasury bills or time deposits and therefore do not pay out a fixed rate of return. Mutual funds invest in stocks listed on the stock exchange. As a result, the net asset value (the value of each mutual fund share) fluctuates on a daily basis. Your individual rate of return depends on many factors such as average cost per share, the current net asset value, etc. # Why should I invest in a mutual fund?>>> There are many reasons for investing in mutual funds but the most common is that it is the best vehicle for small investors wanting to participate in the stock market. For those investors looking for regular income or a fixed rate of return, Philippine goverment treasury bills or time deposits are good vehicles. Historically, the stock market has provided higher returns than fixed income instruments. That is why for investors looking for the opportunity for higher returns provided by the stock market, mutual funds are the most appropriate vehicle. # What is the net asset value per share, or NAVPS?>>> The net asset value per share (NAVPS) is the value of each share of a mutual fund. A fund's NAVPS is calculated daily and is the price used when purchasing or selling mutual fund shares. To determine the value of your shares, simply multiply the number of shares you own by the NAVPS. Because the NAVPS is the price shares are bought and sold for, it is similar to the price of a stock exchange listed security. taken from http://www.gsismutualfunds.com/FAQ.htm Quote Link to comment
Guest VO2_Max Posted August 5, 2005 Share Posted August 5, 2005 What about sunlife? ok ba eto as investment?<{POST_SNAPBACK}> try goin to Inquirer na web page...www.inq7.net....try to find the business section there...i think you can find an icon about mutual fund there....just click on that one....it gives you some information on how some funds have been performing so far for the past few years...... Quote Link to comment
burning_eyes1 Posted August 6, 2005 Share Posted August 6, 2005 Hi bros!! This is a very informative thread! I used to work before as a mutual funds trader in an American Brokerage firm. Right now I decided to study but I really missed my job. I'm not actually familiar with MF's here in the Phil but looks like its pretty interesting to invest since the market is a (bit) down. Is there a way that I can see the prospectus of these MF's?? If your interested in foreign MF you can send me a PM?? Thanks!! Ciao!!! Quote Link to comment
m8kufilgud Posted August 7, 2005 Share Posted August 7, 2005 Hi bros!! This is a very informative thread! I used to work before as a mutual funds trader in an American Brokerage firm. Right now I decided to study but I really missed my job. I'm not actually familiar with MF's here in the Phil but looks like its pretty interesting to invest since the market is a (bit) down. Is there a way that I can see the prospectus of these MF's?? If your interested in foreign MF you can send me a PM?? Thanks!! Ciao!!!<{POST_SNAPBACK}> AEFA? Quote Link to comment
m8kufilgud Posted August 7, 2005 Share Posted August 7, 2005 AS OF AUG 5, 2005 NAV AND PERFORMANCE OF ALL LISTED MF IN THE PHIL. Il be posting weekly updates :cool: http://www.bworld.com.ph/BW080605/tablesgraphs10.php Quote Link to comment
solar_titanium Posted August 8, 2005 Share Posted August 8, 2005 Wow. Ive heard a little about mutual funds before but I really dont know the procedures here. Ive been thinking of putting up a business but just dont have the time to work on it. So I think this is one of the best alternative for me to invest on. Can someone give me the directions on how to engage in this endevour or can give me a link for a step-by-step procedure? Quote Link to comment
Guest VO2_Max Posted August 8, 2005 Share Posted August 8, 2005 Wow. Ive heard a little about mutual funds before but I really dont know the procedures here. Ive been thinking of putting up a business but just dont have the time to work on it. So I think this is one of the best alternative for me to invest on. Can someone give me the directions on how to engage in this endevour or can give me a link for a step-by-step procedure?<{POST_SNAPBACK}> try contacting sunlife, philam,....both of these companies offer different kinds of mutual fund...Bond, Mixed, Equity.... Philequity....i think this being managed by the ayala group (BPI)...it mimics the PHISIX..... try going to www.PSE.org.ph....click on the mutual funds....you can see the different funds there and its current price.... Quote Link to comment
bRIX Posted August 8, 2005 Author Share Posted August 8, 2005 Hi bros!! This is a very informative thread! I used to work before as a mutual funds trader in an American Brokerage firm. Right now I decided to study but I really missed my job. I'm not actually familiar with MF's here in the Phil but looks like its pretty interesting to invest since the market is a (bit) down. Is there a way that I can see the prospectus of these MF's?? If your interested in foreign MF you can send me a PM?? Thanks!! Ciao!!!<{POST_SNAPBACK}> how much is the minimum investment for foreign MFs? Quote Link to comment
m8kufilgud Posted August 9, 2005 Share Posted August 9, 2005 how much is the minimum investment for foreign MFs?<{POST_SNAPBACK}> i have worked locally here in an offshore american brokerage firm and i would say it depends where you open the account. The minimums can go as low as $100 and this is buying the mutual fund "direct at fund". If this is not the case,you usually have to open a borkerage account first w/c has a minimum "deposit" to open it. Some require to invest $2000 to the fund inside the brokerage or "money market account". You dont need to invest it if you want, it can just stay in cash and earn interest. Some have lower minimums like when you open an IRA account. Quote Link to comment
m8kufilgud Posted August 10, 2005 Share Posted August 10, 2005 NET ASSET VALUE PER SHARE(NAVPS) or NAV for short, of all the Mtual Fund companies in the Phil. updated AUG 9, 2005 http://www.icap.com.ph/factsfignavps.asp Quote Link to comment
financial advisor Posted August 10, 2005 Share Posted August 10, 2005 just by selling high and buying low right? well, that's a good idea. <{POST_SNAPBACK}> yes, that is a simple investment strategy or principle: (always) buy LOW, sell HIGH. just an update for mutual fund investors..phisix up to 2010.41 and NAV update as of AUG 10 http://www.icap.com.ph/factsfignavps.asp Quote Link to comment
financial advisor Posted August 10, 2005 Share Posted August 10, 2005 try contacting sunlife, philam,....both of these companies offer different kinds of mutual fund...Bond, Mixed, Equity.... Philequity....i think this being managed by the ayala group (BPI)...it mimics the PHISIX..... try going to www.PSE.org.ph....click on the mutual funds....you can see the different funds there and its current price....<{POST_SNAPBACK}> Philequity po is an equity fund. The mutual fund fund taht mimics the phisix is the BPI Index fund. Quote Link to comment
Guest VO2_Max Posted August 11, 2005 Share Posted August 11, 2005 list of mutual funds are below and its current NAV/share.... Balanced Funds First Galleon Family Fund 0.6753GSIS Kinabukasan Fund 1.1685Legacy HY Fund, Inc. 1.3026MFCP Kabuhayan Fund 0.8151Philam Fund 5.4481Sun Life Prosperity Balanced Fund 1.3859Sun Life Prosperity Dollar Advantage Fund (US$) 2.2396 Bond Funds ALFM Dollar Bond Fund 267.62ATR-Kim Eng Fixed Income Fund 1.0661Ayala Life Fixed Income Fund 180.61Cocolife Fixed Income Fund 1.1761Ekklesia Mutual Fund, Inc. 1.0871Grepalife Fixed Income Fund 1.0472Legacy GS Fund, Inc. 1.0639Legacy TD Fund, Inc. 1.0731MAA Privilege Dollar Fixed Income 1.0987MAA Privilege Peso Fund 1.6985Philam Bond Fund 2.1197Philam Dollar Bond Fund, Inc. 1.2499Prudentialife Fixed Income Fund, Inc. 1.0677Sun Life Prosperity Bond Fund 1.5662Sun Life Prosperity Dollar Abundance Fund 2.0154Sun Life Prosperity GS Fund 1.0087 Equity Funds ATR- Kim Eng Equity Opportunity Fund 1.2606Philam Strategic Growth Fund 193.79Philequity Fund 6.9024Sun Life Prosperity Phil. Equity Fund 1.1967United Fund 1.5337 Index Funds Philippine Index Fund 219.43 Money Market Funds Sun Life Prosperity Money Market Fund Quote Link to comment
Guest VO2_Max Posted August 11, 2005 Share Posted August 11, 2005 Philequity po is an equity fund. The mutual fund fund taht mimics the phisix is the BPI Index fund. <{POST_SNAPBACK}> both are equity funds.....i don't think it is called a BPI Index fund.....they have a name for it....maybe am wrong Quote Link to comment
financial advisor Posted August 11, 2005 Share Posted August 11, 2005 Market Closed As of THU AUG 11, 2005 12:10:03 PM PSE COMPOSITE AND SECTORAL INDICES VALUE CHANGE % CHG ALL SHARES 1,224.99 6.75 0.5541 FINANCIAL 578.91 4.14 0.7203 CI 3,218.29 11.22 0.3499 MINING 2,776.64 94.92 3.5395 OIL 2.80 0.15 5.6604 PHISIX 2,023.70 13.29 0.6611 PROPERTY 736.33 15.59 2.1631 NAVPS AS OF AUG 11 THU : http://www.icap.com.ph/factsfignavps.asp Quote Link to comment
joveyb Posted August 13, 2005 Share Posted August 13, 2005 Market Closed As of THU AUG 11, 2005 12:10:03 PM PSE COMPOSITE AND SECTORAL INDICES VALUE CHANGE % CHG ALL SHARES 1,224.99 6.75 0.5541 FINANCIAL 578.91 4.14 0.7203 CI 3,218.29 11.22 0.3499 MINING 2,776.64 94.92 3.5395 OIL 2.80 0.15 5.6604 PHISIX 2,023.70 13.29 0.6611 PROPERTY 736.33 15.59 2.1631 NAVPS AS OF AUG 11 THU : http://www.icap.com.ph/factsfignavps.asp<{POST_SNAPBACK}> Hi financial adviser, Last year the equity market is really doing well in the Philippines but this year it is kind of just maintaining. I notice that equity market is really doing well in the asian market. Could you giveme some advice on what equity market will perform well thanks Quote Link to comment
joveyb Posted August 13, 2005 Share Posted August 13, 2005 yes, that's 20% a month. its true. i can even show you how to earn 1% a day (30-31% a month), but i dont want to discuss it here for it isnt about mutual funds. just pm me na lang. thanks.<{POST_SNAPBACK}> Friend, if you are making 20% per month. i am interested to invest. Can you advise me on what you invested in. thanks a lot Quote Link to comment
skicker Posted August 14, 2005 Share Posted August 14, 2005 Heck, I'd be more than happy with 20% a YEAR. Let me know if you REALLY can make 20% a month. I am willing to put my retirement money on the line. Thank you and goodluck. Friend, if you are making 20% per month. i am interested to invest. Can you advise me on what you invested in. thanks a lot<{POST_SNAPBACK}> Quote Link to comment
bRIX Posted August 20, 2005 Author Share Posted August 20, 2005 i'll be trying out philequity by september. wish me luck. Quote Link to comment
bRIX Posted August 20, 2005 Author Share Posted August 20, 2005 17-Aug 05 16-Aug 05 15-Aug 05 12-Aug 05 11-Aug 05 NAV per share 6.8891 6.9199 6.8319 6.9652 6.9318 YTD Performance 6.85% 7.33% 5.96% 8.03% 7.51% % Daily Change -0.44% 0.14% 0.19% 0.48% 0.43% PHISIX 1,985.10 1,993.58 1,974.83 2,038.10 2,023.70 % Daily Change -0.43% -0.62% -0.04% 0.71% 0.66% YTD 8.90% 9.37% 8.34% 11.81% 11.02% Quote Link to comment
financial advisor Posted August 22, 2005 Share Posted August 22, 2005 NAVPS Performance (as of 8/22/2005) http://www.icap.com.ph/factsfignavps.asp PHISIX DOWN again, -2.96 to 1963.37 Quote Link to comment
financial advisor Posted August 23, 2005 Share Posted August 23, 2005 just wana share some thoughts on DOLLAR COST AVERAGING or simply "cost averaging"...-method of accumulating assets by investing a FIXED AMOUNT of dollars or pesos in securities at SET INTERVALS(monthly,quarterly,semi-annual,annual). The investor buys more shares when the price is low and fewer shares when the price is high;the overall cost therefore is lower than it would be if constant number of shares were bought at sest intervals(compare it to buying stocks using min lot size). it is widely used already in the US unlike here in the Phil, where Filipinos lack financial knowledge and options on where to invest their money. When they think of saving, sa banko kagad ang iniisip nila. Also, in general, it is diffucult and it takes discipline to save REGULARLY. any thoughts or any ppl out there who has mf accounts that do DCA? Quote Link to comment
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