Mutual Funds

[Pinoymale]

Ok, thanks for the info.

 

Generally speaking, you can still withdraw your money during the holding period. However, you will most likely be charged a penalty depending on how long your money stayed in the fund.

[Talley]

cnong bangko ang nag oofer?

 

and how much is the minimum fund needed to open a mutual funds?

 

and also what is the interest rate?

 

Banks do not usually offer Mutual Funds. They offer UITF's (see separate thread). Investment houses sell Mutual Funds. Two examples are Sun Life of Canada and Philam.

The minimum for most funds is about 10,000 pesos.

There is NO FIXED / GUARANTEED return for mutual funds. You CAN LOSE a substantial amount of your principal if the fund performs badly. For 2006, if you had held your fund from Jan. 1, 2006 to the end of the year, you would have made anywhere from 6% to 76%. For this year, MOST funds are up but there is no guarantee that they can maintain their performance. ALL mutual funds carry risks and it is up to you if you are willin to accept those risks.

Edited February 12, 2007 by Talley

[Derrick]

Banks do not usually offer Mutual Funds. They offer UITF's (see separate thread). Investment houses sell Mutual Funds. Two examples are Sun Life of Canada and Philam.

The minimum for most funds is about 10,000 pesos.

There is NO FIXED / GUARANTEED return for mutual funds. You CAN LOSE a substantial amount of your principal if the fund performs badly. For 2006, if you had held your fund from Jan. 1, 2006 to the end of the year, you would have made anywhere from 6% to 76%. For this year, MOST funds are up but there is no guarantee that they can maintain their performance. ALL mutual funds carry risks and it is up to you if you are willin to accept those risks.

 

 

thanks for the reply,

 

i understand that all investemnet involved risk, between Mutual funds and UITF which among the two is more conservative when it comes with risk?

 

im looking for a long term investment (10 -15 years) lets say 150K pesos, am i better with UITF or Mutual funds?

 

 

Cheers,

[Talley]

thanks for the reply,

 

i understand that all investemnet involved risk, between Mutual funds and UITF which among the two is more conservative when it comes with risk?

 

im looking for a long term investment (10 -15 years) lets say 150K pesos, am i better with UITF or Mutual funds?

Cheers,

 

Honestly, the risks of a bond UITF and a bond Mutual fund are quite similar since they invest in pretty similar instruments. The main difference would lie in the risk of the company running the fund (a bank or investment house) going belly up. To minimize this, go with the bigger institutions with good records. For MF's, Sun Life, Philam and the Ayala group. For UITF's, BDO, BPI and Metro.

[Dr_PepPeR]

Honestly, the risks of a bond UITF and a bond Mutual fund are quite similar since they invest in pretty similar instruments. The main difference would lie in the risk of the company running the fund (a bank or investment house) going belly up. To minimize this, go with the bigger institutions with good records. For MF's, Sun Life, Philam and the Ayala group. For UITF's, BDO, BPI and Metro.

 

For banks, UITFs are considered as contingent liabilities, like all the other trust assets. This simply means they are not considered as part of the bank's assets in case the bank is forced to pay off creditors (like depositors). Strictly they are not part of the bank's properties but are held for beneficiaries so in case a bank is closed down, the UITF assets will simply be given to another trustee bank. This is why trust accounts, including UITFs, are not covered by the Philippine Deposit Insurance Corporation (PDIC).

[julz2006]

hello guys newbie here..any new info??...i have an eye on these things right now(mutual funds and uitfs)...all input will be highly appreciated..up me lng to...those who've been doing these things before...share nman po ng insights...mski anu...it hepls..thnks..

[Dr_PepPeR]

hello guys newbie here..any new info??...i have an eye on these things right now(mutual funds and uitfs)...all input will be highly appreciated..up me lng to...those who've been doing these things before...share nman po ng insights...mski anu...it hepls..thnks..

 

Click on the orange lettering on my signature to access my thread on UITFs.

[hardhunk]

merong 20% a month na fund..yung funds ng mga bumbay.. 5/6.. 5/6 is 20% a month....

OO NGA BRO. E SAN NGA KAYA ? ANG FUNDS ? BANCO NG BUMBAY ? KUNG MERON.....

ANYBODY?

Edited May 1, 2007 by hardhunk

[loudchild]

I need help guys. i have a few cash in excess that im planning on investing. maliit lang nmn. Let say im willing to invest 10k to 20k just to test the market. san ko mgandang ilagay? im willing to let it stay nmn ng long term e kc excess nga. Gus2 ko lng ung hindi nmn patalo kung mginvest ako kc kung gnun lng din e d s gmik n lng gastusin hehehehe. But kidding aside im dead serious. mtgal tgal n din kc ako ngwowork and feeling ko d gnun kbilis ung pglago ng pera ko s simpleng savings account lang. i just wanna try something else. Advise lang mga boss. Slamat.

[loudchild]

Im browsing Philequity fund Inc 's website and i do not see any options on how to make the innitial investment by paying using cash. all i can see is how to open an account by sending a check. Do they offer the option of using cash when opening an account? advise nmn po.

[loudchild]

Thanks jazzy I'll try to explore that otion. Medyo mlpit lng nmn office nila since Im here in Ortigas Shaw area. Maybe I'll drop by to discuss my option.

[julz2006]

..any new updates here..what happened with it,loudchild,sir?...any new inputs on mutual funds?..

[Guest lene]

from money smarts by salve duplito

http://www.inquirerbloggers.net/moneysmart...n-2006/#more-42

 

 

If you are looking for a place to park your money, make sure that you check their prospectus, understand the risks and the nature of this investment, and how each fund makes investment decisions. Analyze the stability of the fund, its compatibility with your investment goals and look at performance over the long-term. Don’t skip the part where loads and commissions of each fund are explained.

 

I think this is what every new investor should look out for - not all mutual funds are created equal. The reported ROI ( return on investment) might be impressive but if you deduct the sales loads/commissions, it will come out much much lower to you. If you want to compare mutual funds of different institutions, try to check if there is a sales load ( some don't charge any) and deduct this first so you can compare the actual ROI to the investor.

[freezer]

kasama talaga sa negosyo yan. kailangan pakitain mo din yung mag-tratrabaho para sa iyo.

 

no one works for free. (parating may kapalit yan, kanya kanya na lang kung ano gusto nilang form of payment)

 

your absolutely right dude! all companies must charge for whatever services they may have. some might say that they have no charge but the reality is it's already inclusive in the package. What you should look for is how transparent the company is in terms of charges and fees; and where and how they invest your subscription. Be a preferred stock than a common stock holder. cheers!!! :thumbsupsmiley:

[reyc]

I'm seriously considering investing in Sun Life Financial's Balance Fund. My understanding is that this is a mutual fund packaged with free term insurance. I plan to start with P100K, just to test the waters. Being a novice, I'd appreciate any inputs, caveats, etc.