Sa PhilEquity Fund 3.5% ang management fees. Refer to link
Philequity Management, Inc.)
Sa FAMI kay 2% ang management fees. Refer to link (
FEES AND CHARGES : First Metro Asset Management Inc)
Naa diha ang details sa Fees.
I can help you just set an appointment with me. PM me.
A mutual fund is not a deposit product and is not insured with the Philippine Deposit Insurance Corporation (PDIC).
A mutual fund is buying of shares, your an owner. Unlike sa bank na you are a loaner. Bank invested your money here.
This is much safer vehicle than the bank because your investment is spread into diversified stock portfolioes. Growing your money in a bank is much riskier in the long term because of inflation.
Investment 101 : Inflation is the rise of prices of goods, services overtime. Example : Your 1 peso coin 15 years ago can buy 6 pieces of bread but your 1 peso today can't even buy 1 piece of bread.
Rich Dad Poor Dad said that the value of a dollar/Pesos lessens it's value overtime that is why you need to invest not just saving but save to invest.