mutual fund

[d'flash]

try PNB, they have what they call, PNB high dividend fund. We had some funds available after our HS reunion and we invested it here last October. We had around 32K and we got 29,512.67 units, the NAVPU on purchase was at 1.084280.

as of Dec. 4, it's now at 1.163717, so our investment is now worth Php34,344.40 or around 7.33% in 2 months, that's more than 40% per annum.

for PNB your investment grew a lot, 7.33% sounds really good. i read another thread here that his interest is only at 0.93% per month, so i can start MF for only 30k?

yes, they are totally different. mutual fund is a pooled fund from different investors that the fund manager uses to invest in blue chip stocks, forex, treasury bills and anything that produces high yields.

time deposits are internal individual accounts that the bank invests in their own liking.

the difference is that the first, returns are not guaranteed (e.g. from a range of 8% - 12% PA), whereas the time deposit is guaranteed (i think the maximum yield these days is 1-2% PA).
yes, i've tried, but of a different route. a life insurance with its own mutual fund.. in fact, i've posted in a separate thread here that after a year, the value of my investment grew to 20%.(started 100k, after a year, value is already 120k).

BDO is one of the most reputable fund managers for MFs.

life insurance? that's what my uncle told me, since im still young, i can start investing for that. Manulife already offered me and show her proposal, honestly its really interesting. i can have my money when i got 60 but it depends on the plan i will choose.
is there any assurance or money back guarantee in MFs? or are there factors that can affect my investment? or it is all or nothing?

on hand i already have 100k, i can stretch up to 150k.