mutual fund

[d'flash]

any comments sa mutual fund? paano ba proseso nito? would it be a problem if im just only 24 yrs old? and max amount i can invest is only 100k, is this a good move?

[1D4LV]

you apply sa bank o sa mutual fund carrier company.
there would be no problem for your age.
for 100k, i would suggest not putting all the eggs in one basket, it is still an investment. try just to put around 60-70% of it and put the rest in time deposit or treasury bills.

note that the proceeds can be withdrawn anytime, kaya lang magbabayad ka ng management fee which may lead to loss kung i withdraw mo sya within the first year.

[d'flash]

is mutual fund and time deposit totally different? as of this time i don't have any plans to withdraw this investment if ill invest for that mutual fund, can you suggest any bank? if i may ask, have you tried this investment?

[_Qwerty_]

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.

[1D4LV]

is mutual fund and time deposit totally different? as of this time i don't have any plans to withdraw this investment if ill invest for that mutual fund, can you suggest any bank? if i may ask, have you tried this investment?

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.

[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.

[_Qwerty_]

it depends on the NAVPU, sometimes it can go up.. but there is also a risk that it can go down.. checking it today, the value is 1.177922, so our investment is now Php34,763.62. you can check the rates and history here NAVPU for the Day

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?



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.

[yebo]

ako meron. mutual funds are 3 types. there is the equity fund where the funds are invested purely in stocks. bond funds are invested in bonds and government securities. balanced funds are invested both in stocks and bonds. also depending on your preference the fund manager can invest your funds in either high risk (emerging markets) or low risk (blue chips) stocks. i have both the balanced fund and equity fund with sunlife.

historically sunlife has returned as high as 60% per year on their balanced fund. the top performer last year among the big players was bpi mutual, which returned 65%. there is also philam mutual which i think was the top performer 3 years ago, returning as high as 67% if my memory serves me right. there are other smaller mutual fund companies in the philippines that have had higher returns, but the risks are greater.

startting investment for most funds is P10,000, and minimum additional is P5,000. you can add as many times as you want. another thing you need to consider is if you will keep your money invested there for a long time or short time only. since you are only 24 years old you might elect to keep your money there for a long time, and therefore i suggest you have a "back-ended" account. a back-ended account will have the management fees taken out when you withdraw from the fund. most have will have decreasing management fees, with the fees going to zero after 5 years. for a front-ended account the fees are charged when you invest the money. the percentage is less but then you pay up front, whereas on the back-ended account you don't pay anything if you keep it for 5 years or so.

you can withdraw your money anytime. it takes them about 3 working days to deposit it in your bank account.

[yebo]

for those funds with insurance, i used to have one of those before (sun solution 5). you are actually paying for insurance premiums and investing in mutual funds at the same time. THE YIELDS ARE SMALLER BECAUSE YOU ARE ALSO PAYING FOR INSURANCE PREMIUMS! if you are single and do not need insurance then stay away from this. even if you have already paid all the premiums you will still be earning less since the insurance eats up most of the yields of your investment. these funds (example, sunlife and manu life insurance) only yield around 8-13% per year, compared to the 60+% that a mutual fund with Sunlife, BPI or Philam will yield.

remember that insurance is only for those who need it. if you do not need insurance then why pay?

[d'flash]

ako meron. mutual funds are 3 types. there is the equity fund where the funds are invested purely in stocks. bond funds are invested in bonds and government securities. balanced funds are invested both in stocks and bonds. also depending on your preference the fund manager can invest your funds in either high risk (emerging markets) or low risk (blue chips) stocks. i have both the balanced fund and equity fund with sunlife.

historically sunlife has returned as high as 60% per year on their balanced fund. the top performer last year among the big players was bpi mutual, which returned 65%. there is also philam mutual which i think was the top performer 3 years ago, returning as high as 67% if my memory serves me right. there are other smaller mutual fund companies in the philippines that have had higher returns, but the risks are greater.

startting investment for most funds is P10,000, and minimum additional is P5,000. you can add as many times as you want. another thing you need to consider is if you will keep your money invested there for a long time or short time only. since you are only 24 years old you might elect to keep your money there for a long time, and therefore i suggest you have a "back-ended" account. a back-ended account will have the management fees taken out when you withdraw from the fund. most have will have decreasing management fees, with the fees going to zero after 5 years. for a front-ended account the fees are charged when you invest the money. the percentage is less but then you pay up front, whereas on the back-ended account you don't pay anything if you keep it for 5 years or so.

you can withdraw your money anytime. it takes them about 3 working days to deposit it in your bank account.

are there any credit checking to my work? when im going to apply for this? will my tenure on our company can affect this? so far, are you encountering any problem with sunlife? AFAIK sunlife were one of the biggest player here in terms on investment. please dont get me wrong, may i know how's your income for MFs?

[MrGunn]

Choosing the fund depends on your risk appetite and your financial objective, and your comfort levels. Thats why choosing a competent financial adviser who can guide you with these funds is very important. The adviser must recommend funds that will suit you and your objectives. I've been investing with my financial adviser for 11 years now, and I also started young. The returns were good enough that I was able to buy my own condo now and also my SUV. May pang retirement na rin ako, plus I got to set up mutual fund accounts, stock market accounts, and also invested in business. I started investing with just 50,000, just to give you an idea of what a good financial adviser can do for you. If you want, pm me so I can recommend you to him.

[MrGunn]

Philam mutual funds din 5,000 lang minimum to start.

[japkame20]

sa mga initial investment ng mf equity funds, add ko lang:

FAMI 5,000; sales load is 2% (to be deducted on your investment amount)
para walang exit fee, holding period is 6 months
Philequity 5,000; sales load starts at 3.5% (to be deducted on your investment amount)
but if hundred thousands ang invested amount, mas mababa sales load
para walang exit fee, holding period is 2years

Regarding sa sun life mf, may option sila na walang sales load but you must not redeem your shares within 5years from the date of investment
You can also opt for the 2% sales charge up front so that you may redeem your shares anytime you want to

Pwede naman din sa uitf, sa banks naman yun. Walang sales load and shorter holding period. At par ang performance with the mf companies.

[sysop]

japkame20: MaxiLink Plan po yata yung sinasabi mo na naka lockin ng 5yrs sa Sun Life. Actually itong plan na ito ay hindi naman talaga naka lockin. Pwede ka pa din mag withdraw kung gusto mo, may charge nga lang.
Ang charges kapag nagwithdraw ay

5% sa 1st year,
4% sa 2nd,
3% sa 3rd,
2% sa 4th at
1% sa 5th year.

Pero ang kagandahan naman dito sa MaxiLink wala charges sa start ng investment mo unlike sa ibang plan na nasa una ang charges na 5% agad.

500k nga po pala minimum investment dito sa MaxiLink ng Sun Life.
Maganda po ang returns dito sa MaxiLink kasi yung client ko na naglagay lang ng 500k last February 18, 2013, as of first week of March almost 510k na ang fund nya, wala pang 1month yun. Tapos yung client naman ng manager ko na nag invest ng 10M last December 2012, as of this month nasa 11M na ang fund nya.

[yebo]

500k nga po pala minimum investment dito sa MaxiLink ng Sun Life.
Maganda po ang returns dito sa MaxiLink kasi yung client ko na naglagay lang ng 500k last February 18, 2013, as of first week of March almost 510k na ang fund nya, wala pang 1month yun. Tapos yung client naman ng manager ko na nag invest ng 10M last December 2012, as of this month nasa 11M na ang fund nya.

same lang din ng yield ng ordinary mutual fund nila yan. 10k/500k = 2% in one month.

i just widrew my mf yield from mid january to last week (2+ months, 6 figures yield :D ), perfect timing na naman, pse down 4.8% since last week. will reinvest it 1st week april. tubo lang kinuha ko iniwan ko yung principal, up or down naiiwan yun dun.

[LiveLoveInvest]

Up ko lang. So after a year hows your mutual fund investments?