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#21 bRIX

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Posted 18 July 2005 - 07:06 PM

just by selling high and buying low right? well, that's a good idea. :)

#22 b0redrat

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Posted 18 July 2005 - 11:15 PM

Ingat ka lang BOrederat, malamang massaged yung numbers na nakita mo dun. @ 20% per month ~ 240% per year? Sigurado volatile yung mutual fund na yan, pero kung ok yan sa risk tolerance mo, goodluck!

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it isnt a mutual fund. if you've heard about auto-surf programs, thats what im referring to. i know some trusted and reliable auto-surf programs that are able to pay 1% a day for 365 days. yes, its true, 1% a day. the 8%+ interest of a mutual fund, can be earned in just 8 days in an auto-surf program. but of course, a little risk is involved here. pero di ba maraming investors take the risk kaya yumayaman sila?

i was once become interested in mutual funds pero when i found out about auto-surf programs that can give me huge returns than mutual funds eh dun ko na lang nilagay pera ko, mas madali pa kong yayaman lol.

im a member of this forum ng mga pinoys that talks about online investing, there you can read a lot of testimonials about it. it is really hard to digest when you hear something like i earn 1% per day, bla bla. pero programs that are too good to be true are sometimes too good and true. pm me na lang for the pinoy forum url.

but if you dont want to take the risk eh mutual fund is for you. your money is safe with mutual funds. is it? :)

#23 Guest_VO2_Max_*

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Posted 19 July 2005 - 09:12 AM

it isnt a mutual fund. if you've heard about auto-surf programs, thats what im referring to. i know some trusted and reliable auto-surf programs that are able to pay 1% a day for 365 days. yes, its true, 1% a day. the 8%+ interest of a mutual fund, can be earned in just 8 days in an auto-surf program. but of course, a little risk is involved here. pero di ba maraming investors take the risk kaya yumayaman sila?

i was once become interested in mutual funds pero when i found out about auto-surf programs that can give me huge returns than mutual funds eh dun ko na lang nilagay pera ko, mas madali pa kong yayaman lol.

im a member of this forum ng mga pinoys that talks about online investing, there you can read a lot of testimonials about it. it is really hard to digest when you hear something like i earn 1% per day, bla bla. pero programs that are too good to be true are sometimes too good and true. pm me na lang for the pinoy forum url.

but if you dont want to take the risk eh mutual fund is for you. your money is safe with mutual funds. is it?  :)

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wait a min. i thought you said 20%/month....ngayon 1% a day nanaman..which is which ba...wow galing ng investment mo ah little risk and high return.....baliktad ata sa wat i have learned over the years....Investors na yumaman do take risk but they take educated risk......is that 1%/day return tied up with the number of people you bring in? ......why don't you open a thread and post what the program is all about.....give us a chance to scrutinize it.....am pretty sure a lot of MTC people would be able to ask some intelligent question about ur said program....guys wat do u think?

#24 bRIX

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Posted 19 July 2005 - 06:52 PM

yep.. i agree with sir VO2.

@b0redrat
paki post na lang po yung tungkol sa auto-surf program na sinasabi mo pra ma try din nman namin.

#25 bRIX

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Posted 25 July 2005 - 03:21 PM

UITF Vis a Vis MUTUAL FUNDS
The Philippine’s full adoption of the IAS 39 or mark-to-market sometime on September 2006 shows the country’s commitment in aligning the operation of pooled funds with international best practices and standards. In line with this, the Bangko Sentral ng Pilipinas through the BSP Circular 447 dated September 3, 2004 created the Unit Investment Trust Fund (UITF) which is now being distributed by banks. The UITF is an open-ended fund that pools the investments of investors into a larger fund under professional management. The investors share in the gains or losses of the fund, proportionate to their respective participation in the pool. Likewise, the fund’s assets are strictly market-determined based on the daily mark-to-market valuation. Unlike other bank products, however, UITF is not covered with PDIC insurance since it is not a deposit product.

Indeed, this reform in the trust industry poses a challenge to the mutual fund industry as the UITF becomes a direct competitor of mutual funds, more so when mark-to-market gets fully implemented on the latter in September 2006. Although yields seem to be the be all and end all of investing, it is necessary also to learn the fundamental characteristics of the investment vehicles as they may also play an integral part in determining the profitability or staleness of the funds.

To start with, both UITF and mutual funds are investment vehicles in which various participants or investors invest their money in a pool of assets for the purpose of profitable returns. They share common benefits as follows:

1. Investors gain low cost access to the expertise of top fund managers. Normally, without these pooled funds, only high networth individuals or institutional investors can avail of such services.

2. Investors get to own a wide cross section of investment outlets for a minimal investment amount. These funds effectively diversify portfolio allowing investors to maximize their earning potential.

3. Investors get a wholesale pricing for a retail investment. Through the pooled funds, they may enjoy a higher investment return as against an individual investor since the pooled investible funds are higher in monetary value.

While they share common benefits, the two funds differ in the legal /regulatory context.

1. The UITF is created by virtue of a Declaration of Trust executed by a bank with a trust license. Its fund management and operations are supervised by the Bangko Sentral ng Pilipinas (BSP). The UITF clients get participating units of investment for their placements. On the other hand, a mutual fund has a corporate existence. It is a legal entity that makes investments on behalf of their shareholders and is regulated by the Securities and Exchange Commission. Clients of a mutual fund effectively invest in shares of stocks of the fund.

2. A mutual fund charges entry and exit fees should the client redeem his shares from the fund within the prescribed holding period whereas UITF charges a fixed trust fee per annum to its investors and an early withdrawal fee.

MUTUAL FUNDS ADVANTAGE OVER UITF

While UITFs may have some distinct features, the following are advantages of mutual funds over UITFs that make them still the best options for both the retail and institutional investors.

1. Diversification – While both structures are highly diversified, the banks will probably sell the products to their existing depositors. In this regard, the depositors will be better off diversifying their exposures to the mutual funds that are not products of their own banks. In this way, their short term money remains with their bankers while their long term savings are not exposed to the same entity. Remember that UITFs are merely bank products and therefore, investing in the UITF offered by the same bank holding their deposits will be like putting their eggs in one basket so to speak.

2. Track record – UITFs are new vehicles and do not have a track record or performance to speak off. Banks will probably refer to their old CTFs’ performance but these are highly unregulated products that offer direct loans and therefore are not comparable to UITFs that cannot do direct lending. Furthermore, the UITFs are valued MTM while the CTFs were mostly valued on accrual basis.

3. Transparency – Mutual funds, being corporate structures are very transparent in terms of their investment portfolio. UITFs, being bank products do not need to be as transparent. In fact, there have been many incidents in the past where bank clients complain because the CTFs were given bonds that defaulted. These were bonds that were suspected to be originally in the books of the banks.

4. Voting rights – Mutual fund shareholders have the right to replace their fund managers if the latter performed poorly for the shareholders. UITF unit holders, on the other hand cannot replace the bank that owns the product in the first place.

5. Independent Directors – Mutual funds have their own set of board of directors whose concerns are mainly that of the fund and not the fund manager. The banks’ directors, on the other hand, will always prioritize the bank. UITF do not have a board of directors to safeguard the unit holders’ interest.

6. Valuation – For now our biggest advantage is the fact that we are still on accrual basis (the bond funds) while all UITFs are valued marked-to-market already. This may offer the investors enough breathing ground especially to bond fund investors who have adverse outlook on mark-to-market.

#26 Bitoy

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Posted 29 July 2005 - 12:09 AM

I also want to start investing in mutual funds. Can anyone recommend which are the ones performing very well for the past few years?

#27 bRIX

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Posted 29 July 2005 - 08:02 PM

the top two are philequity and philam bond funds.

#28 wyvern

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Posted 30 July 2005 - 11:17 PM

What about sunlife? ok ba eto as investment?

#29 bRIX

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Posted 31 July 2005 - 08:18 AM

# 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

#30 Guest_VO2_Max_*

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Posted 05 August 2005 - 09:13 PM

What about sunlife? ok ba eto as investment?

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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......

#31 burning_eyes1

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Posted 07 August 2005 - 02:20 AM

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!! :rolleyes:

Ciao!!!

#32 m8kufilgud

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Posted 07 August 2005 - 03:36 PM

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!! :rolleyes:

Ciao!!!

<{POST_SNAPBACK}>



AEFA? :D

#33 m8kufilgud

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Posted 07 August 2005 - 03:41 PM

AS OF AUG 5, 2005 NAV AND PERFORMANCE OF ALL LISTED MF IN THE PHIL. Il be posting weekly updates :cool:

http://www.bworld.co...lesgraphs10.php

#34 solar_titanium

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Posted 08 August 2005 - 09:40 AM

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?

#35 Guest_VO2_Max_*

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Posted 08 August 2005 - 10:51 AM

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....

#36 bRIX

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Posted 08 August 2005 - 09:47 PM

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!! :rolleyes:

Ciao!!!

<{POST_SNAPBACK}>


how much is the minimum investment for foreign MFs?

#37 m8kufilgud

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Posted 09 August 2005 - 10:33 AM

how much is the minimum investment for foreign MFs?

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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.

#38 m8kufilgud

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Posted 10 August 2005 - 02:53 PM

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....ctsfignavps.asp

#39 financial advisor

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Posted 10 August 2005 - 07:50 PM

just by selling high and buying low right? well, that's a good idea. :)

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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....ctsfignavps.asp

#40 financial advisor

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Posted 10 August 2005 - 07:54 PM

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.
:)




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