Philippine mutual fund companies are doing so well in terms of growth and returns! Check out this link:
Investment Company Association of the Philippines
Here’s my personal favorite:
Fund Name 1 yr. Return (%)
Philequity Fund, Inc. 64.15%
Last year alone, Philequity Fund, Inc. had a staggering 64.15% return. That means your P1,000 investment gained P641.50 in profit. Well, you cannot possibly have that kind of return if you have your money invested in a bank savings account with .05%-1% per annum interest.
Article from:
Financial Planning 101