Mutual Funds Talk

[demolishthemonkeys]

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Hello, I have a noob question. I just checked my Sunlife account online. I just applied last year August 2015 and started my deposit for every quarter. What do you think about this?

Fund Value as of Issue Date : PS 1,208.22
Fund Value as of February 16, 2016 : PS 392.50
Cash Surrender Value as of February 16, 2016 : PS 392.50

Ingon sa akong Insurance Advisor nga naa siyay Mutual Funds apil.

[miramax]

Kinsay naay existing FAMI account dri nga naka participate ato TOP UP promo last Quarter of 2015?

[cyphered]

Hello, I have a noob question. I just checked my Sunlife account online. I just applied last year August 2015 and started my deposit for every quarter. What do you think about this?

Fund Value as of Issue Date : PS 1,208.22
Fund Value as of February 16, 2016 : PS 392.50
Cash Surrender Value as of February 16, 2016 : PS 392.50

Ingon sa akong Insurance Advisor nga naa siyay Mutual Funds apil.

What you have is a VUL account boss. vul is life insurance + mutual fund combined.
the fund value mao na ang imong mutual fund part which the investment component of VUL.

As I can see it sir, you have either invested in equity or balance mao ni ubos imong fund value.

[miramax]

Kinsay naay existing FAMI account dri nga naka participate ato TOP UP promo last Quarter of 2015?

E-up ko neh beh!
Basin diay naay mo respond fellow FAMI investor dri, who can share inputs on my TOP UP promo concerns.

[siber_tooth]

Hi, noob here sa investment. I'm planning to open a MF or UITF sa BPI but not sure pa kong unsa ako pilion. Ok ra ba sa BPI mo invest? Unsay ika suggest ninyo nga pilion nko MF or UITF? Much better if naay mka explain further sa difference sa duha, pro's and con's. Thanks.

[cyphered]

Hi, noob here sa investment. I'm planning to open a MF or UITF sa BPI but not sure pa kong unsa ako pilion. Ok ra ba sa BPI mo invest? Unsay ika suggest ninyo nga pilion nko MF or UITF? Much better if naay mka explain further sa difference sa duha, pro's and con's. Thanks.

usually sir. ang UITF is thru a bank since it is governed by BSP. you don't own the shares.
in MF, it is governed by SEC and

A major difference between both is the legal structure. Wherein a MF has a corporate structure thus you actually own the shares of that mutual fund company. They are entitled to receive an annual report on the performance of the MF company, but in UITF, they are made available to the participants of the fund. While in UITF, has a contractual structure wherein the investors participate in the fund by virtue of trust agreement.

in MF, there are fees included if you would choose an open-ended option. But it is possible that there will be no entry/exit fees if you would choose a back-ended option (if the mutual fund company is offering one), so the realized gains is already net of taxes since the fees are already included in the day-to-day transactions by the fund. On the other hand, clients are charged an exit fee if they redeem their units prior to completion of the prescribed holding period.

[siber_tooth]

Thank you sa info boss. unsa imo ikasulti sa BPI og FAMI unsa imo ika suggest?
Anyway, kinsay naka try or naay MF sa BPI?Pls share your experience and ideas.

[cyphered]

Thank you sa info boss. unsa imo ikasulti sa BPI og FAMI unsa imo ika suggest?
Anyway, kinsay naka try or naay MF sa BPI?Pls share your experience and ideas.

naka attend ko sa mga event sa FAMI/BPI. murag bankers man to sila and not the (CIS) certified investment solicitor na usual mag offer og MF from a mutual fund company. and both BPI/FAMI kay puro ra front-end tanan ila mga funds so naa jud entry fee every time magbutang. then naa sad holding period, na if mag redeem ka kay naay exit fees.

[siber_tooth]

Ahh..Ok..naa kay MF ron boss?asa mn sad?So you mean to say that it's much better to invest directly to CIS instead of BPI/FAMI? Unsa mn sad nga mga company or institution ang mga CIS?

[cyphered]

naa ko run Mf boss. it depends sa imoha boss kung unsa ang imo preference bitaw.

CIS kay under sa mutual fund company whom licensed ni sila by Securities and Exchange Commission.