saturn

toyota camry 3.5l liter, very nice.

as of sa mutual funds, regulated yan ng SEC. so me rules kung saan pwede at di pwede ma invest ang fund. so medyo tiwala ka na sa humahawak ng pera. i guess magkakatalo nalang kung sino mas magaling mag manage ng pera at investments at sa risk tolerance kaya some mutual funds are higher yielding than others.

 

now anybody could explain in simple terms ano difference ng Mutual fund at UITF? i'm into mutual fund already. meron akong nakiting FAQ about UITF pero sumasakit ulo ko sa kakabasa di ko pa maintindihan ano essensially difference sa mutual fund.

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UITF (Unit investment trust fund) is actually a mutual fund. UITF is a new term in which the net asset value per unit is computed as mark to market, meaning that the net asset value is actually what it is worth on a particular day, so the navpu changes in accordance to a gain or a loss of a particular fund on a daily basis. I believe that the Central bank have informed all investment houses and banks to shift to a mark to market valuation and have set a deadline on September of 2006.

i'm looking where to invest my 200k... it's extra money that i'm not planning to spend for a long time. i'm deciding if i should put it to another mutual fund or a UITF. any idea?

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It is better to have fund managers manage your 200k. Your money will be pooled together with other investors. You don't have to keep track of your investment every day. I suggest you go to a rep*table fund manager from Sunlife, Philamlife or Banco de oro. They offer different kinds of placements base on your risk appetite. In my experience, The bond fund always outperforms the yields or interest that an ordinary investor puts in a time deposite or money market.

I was wondering if anybody here invests in UITF?  Currently I'm looking at Banco de Oro's UITF, Sunlife  and Philam Mutual funds.  The BDO Peso Bond UITF only started this april and has earned 9%, annualized that's 18%.  Sunlife's Peso Bond only earned 8% last year (this year ba ano yield nila), which is why I'm thinking of investing in BDO, even if they have a yearly trust fee it would still give better returns as they have better performance.

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Base on data derived from icap.com, for risk sensitive individual I suggest you invest in an uitf for 1 year in Sunlife prosperity bond fund. Sunlife has a proven track record in the world not only in the Philippines.

The kind of uitf that you intend to invest will depend on your risk tolerance on the different funds that bdo offers at the moment. In my opinion the safest bet would be to put it in the bdo peso bond fund, where the investments are placed in government securities and special savings which are not as volatile as the equity fund. The annualized returns on the bond funds are usually higher than the ordinary money market placements in the banks. Another thing, the recent conversion to mark to market valuation will be beneficial for an ordinary investor like us because the returns are updated daily. For more info check out the web page of bdo at www.bancodeoro.com.ph.

When Sunlife prosperity bond funds shifted to mark to market valuation last October 17, 2005, a 2% increase in its NAVPU was noted. Do you think that the same thing will happen once Philam's Bond fund shifts to Mark to Market and when?

The only thing lacking with the Chinese is the knowledge of marketing. They sell according to their cost and not for the maximum profit unlike the americans. Very good for the consumers

China will definitely be a powerhouse in the future. Learning their language in particular Mandarin will be a big advantage in finding work and doing business.

:uc: Money that is hard earned must be placed in a secure instrument such as time deposites. :thumbsupsmiley:

Philam Financials office, the Financial Advisory Group, is at 5F Salustiana T. Dy Bldg. in Paseo cor Perea(where you have the Philam Savings Bank). The Philam Asset Management office is in 5F Philamlife L.P. Leviste St. Salcedo Vill(near the sports club).

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Prince Albert ... Gullivers also ok , cheaper than Prince Albert...Santi's if I want a good steak but don't want to pay 4 figures:)

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