Also notice that only seven (7) funds, out of dozens of mutual funds in the list, managed to end the year with a positive gain. By the way, ROI means return on investment. Indicate when or in how many years you’ll need the money and how much you’ll need by then. Fees. Submit all requirements by visiting their office or sending it via courier. ATRAM Philippine Equity Opportunity Fund, Inc.*. The decision rests on you. Mutual Fund; An investment fund that features pooled money from investors that will be managed by a professional fund manager. Read More…, HOME | DISCLAIMER | PRIVACY POLICY | ABOUT | CONTACT ME | Copyright © 2020 Personal Finance Tips at www.thinkpesos.com. The fund’s objective is typically capital appreciation or long-term growth through capital gains. Your email address will not be published. UITF Cocolife boasts of close to four decades of experience and expertise with more than 1,500 highly-trained agents, account executives, and field managers and a steadily expanding network of fully-computerized area and branch offices nationwide. A few friends have been asking us which mutual fund companies in the Philippines to invest in and while we are not really experts, I can say that our two-years-ish of experience in research and investing should be enough to be able to provide some general answers in things related to money and finance. 2629) governs mutual fund companies. I started investing in mutual funds when I was 22 years old. Fund managers buy and sell shares/ units in a mutual fund according to the NAVPS/ NAVPU, which changes every business day depending on the market value of the assets of the fund. * Full-year performance, from January 2019 to December 2019. Each share is priced using the NAVPS or the Net Asset Value per Share, a figure that changes every day since it represents the “market value” of all investments owned by the mutual fund company. UITFs, as a bank product, are regulated by the Bangko Sentral ng Pilipinas (BSP). For balanced funds and bond funds, each will have their own varying benchmark so check the fund prospectus or fund fact sheet to see if they’re outperforming their chosen benchmarks.
This is a high risk-high return type of mutual fund. How to improve this article: Provide a couple of mutual fund companies that we can contact. Why should you invest in Mutual Funds and UITF? You know this now: when you invest in mutual funds, you’re actually buying “shares” of the mutual fund company. 7 - Launch date is July 6, 2020.

This is a high risk-high return type of mutual fund.
Hi! Manulife Asset Management and Trust Corporation (MAMTC), This will lay the blueprint for your investing strategy. This site uses affiliate links. Back then, and even until now, I love the idea of retiring early and retiring financially free. Balanced funds are a type of pooled funds invested in a mixture of equities and fixed-income securities, such as Bonds. A UITF, although offered by banks, is not a deposit product which means it is not covered by the Philippine Deposit Insurance Corporation (PDIC). thank you. Philam Bond Fund, Inc. is number one with a return of 11.54%, followed by Sun Life’s Prosperity Bond Fund and Prosperity GS Fund. NAV is calculated daily based on the fund’s total asset value divided by the total number of outstanding shares of the fund. Your email address will not be published. Climbs Share Capital Equity Investment Fund Corp. First Metro Consumer Fund on MSCI Phils. Sun Life Prosperity Dollar Advantage Fund, Inc. First Metro Save and Learn Money Market Fund, Inc. Sun Life Prosperity Money Market Fund, Inc. ATRAM Philippine Equity Smart Index Fund – UITF, ATRAM Global Technology Feeder Fund – UITF. How can apply the peso-cost averaging in mutual funds? The following table summarizes the type of fund applicable to investors depending on the investment profile. Bear in mind though that the returns are not guaranteed. What are UITF? Just like my experience when I first invested in mutual funds when I was 25 years old, opening a mutual fund account is actually easy. Unfortunately, I had this exact experience with a mutual fund agent who was even a relative of mine. Checking again the list of “Top 10 Best Performing Funds in 2019” infographic above, some of you might argue that there is no point comparing all mutual funds since equity mutual funds will always emerge as top performers. In this case, COL Financial and First Metro Securities themselves are the authorized mutual fund agents.

Any day afterwards, the NAVPS could still change which means your fund value (and profit) will also change. Saving. These sales loads could reach up to 5% of your investment amount, so take note how entry or exit fees can affect your investment. The Personal Information Sheet or Application Form requires you to complete your personal details. Therefore, you do not acquire shareholder rights in the bank. What are Index Funds? First Metro Save and Learn Fixed Income Fund, Inc. Sun Life of Canada Prosperity Bond Fund, Inc. ATRAM Total Return Dollar Bond Fund, Inc. First Metro Save and Learn Dollar Bond Fund, Inc. MAA Privilege Dollar Fixed Income Fund, Inc. MAA Privilege Euro Fixed Income Fund, Inc. Sun Life Prosperity Dollar Abundance Fund, Inc. This explains why Bond Funds currently outperform Equity Funds, as summarized in the list below. In some cases, mutual fund companies can earn from dividends on the stocks they invested(thru their fund manager) and that income can be distributed to the shareholders. By investing, you can actually share in the potential earnings of Philippines’ biggest corporations. One time while I was on vacation in the Philippines, I saw a large billboard in EDSA promoting a big mutual fund company in the Philippines. 2. The decision which one to choose should depend on your investment horizon and risk appetite. Nature of the Product. Examples of investment assets that usually comprise the portfolio of a money market fund are short-term government securities (such as T-bills or Treasury bonds with 1-year maturities), special deposit arrangements, short-term notes, and time deposits. (Just remember that investing still entails a lot of risks even when properly managed.). I just want to ask more details about having no death benefits for UITF and Mutual Funds. Download the required forms and documents. Unsurprisingly, equity mutual funds performed poorly, which is why the list of Top 10 Mutual Funds in 2018 is actually dominated by “Bond Mutual Funds” as seen in the table above. Well, guess what, this is NOT true all the time! Sun Life introduced life insurance in the Philippines in 1895 and are proud to be country’s first and longest-standing life insurer. Funds are investment in a mixed of equity and bond funds. Cocolife employees work together effectively and selflessly, treating each other with dignity, mutual regard, kindness and courtesy at all times. As mentioned above there are a lot of different types of mutual fund. Now, if you are not aware what mutual funds are, this post answers a few basic questions on mutual funds. Types of mutual funds in the Philippines Equity funds. There have been instances in the past wherein a supposed agent did not remit the investment to the mutual fund company. Let’s assume that at the end of Year 2, the NAVPS price is P2.00. If you are investing in mutual funds in the Philippines from abroad, and need to exchange your domestic currency into Philippine peso, you could bear in mind that the currency exchange costs could be quite substantial. Once you gain knowledge, you will know which mutual fund or which investment is suited for your goals.

Like you, I’m just a normal Filipino aiming to achieve financial freedom.

Among the four types of investment funds, money market funds provide the least amount of risk.

Established in 1954, the Great Pacific Life Assurance Corporation is the life insurance flagship of the Yuchengco Group of Companies (YGC), one of Southeast Asia’s largest conglomerates.