Comments on: Investing In Mutual Funds http://fitzvillafuerte.com/investing-in-mutual-funds.html Business, Investments and Personal Finance Wed, 08 Feb 2012 10:00:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: efi http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-49606 efi Thu, 27 Oct 2011 02:56:41 +0000 http://fitzvillafuerte.com/?p=1308#comment-49606 Hi Fritz, nice items on how to invest in mutual funds. Re PDIC backed bank deposits, the amount covered is only up to 500K & after undergoing a tedious & long process like the BANCO FILIPINO & LBC BANK EXAMPLE. In excess of 500K, PDIC will not cover it. Of course, before investing your hard-earned cash, you can examine the track record of the mutual fund company you are investing in, its capitalization, the ASSETS UNDER MANAGEMENT of said company. Also, in withdawing your invested funds, it can be withdrawn anytime with cutoff time at 12 noon of the day you will withdraw. Even if the applicable NAVPS is computed the next day if beyond cut-off time, it is just a minor difference. There is an exit fee depending on the OPTIONS you choose at the time you initially invested but there is no sales commission deducted when you redeem. In an annual basis, the returns of the funds are better than the inflation rate except in MONEY MARKET FUNDS. Compared to banks, where the average returns are from 1 to 3% per annum before taxes,taking into account the inflation rate, you will still be in the negative. Right now there are trillions of pesos sleeping in the banks, losing their nominal value due to inflation costs, and the banks are the ones earning because they place your money in high-yield investments like MUTUAL FUNDS where they earn 20 to 30% yearly & just pay you the maximum 3% & pockets the rest for further investing or for capital expenses like fat management fees or build big buildings to house their offices to attract more depositors. EFI - MUTUAL FUND ADVISOR 09228129180/023473687 Hi Fritz, nice items on how to invest in mutual funds. Re PDIC backed bank deposits, the amount covered is only up to 500K & after undergoing a tedious & long process like the BANCO FILIPINO & LBC BANK EXAMPLE. In excess of 500K, PDIC will not cover it. Of course, before investing your hard-earned cash, you can examine the track record of the mutual fund company you are investing in, its capitalization, the ASSETS UNDER MANAGEMENT of said company. Also, in withdawing your invested funds, it can be withdrawn anytime with cutoff time at 12 noon of the day you will withdraw. Even if the applicable NAVPS is computed the next day if beyond cut-off time, it is just a minor difference. There is an exit fee depending on the OPTIONS you choose at the time you initially invested but there is no sales commission deducted when you redeem. In an annual basis, the returns of the funds are better than the inflation rate except in MONEY MARKET FUNDS. Compared to banks, where the average returns are from 1 to 3% per annum before taxes,taking into account the inflation rate, you will still be in the negative. Right now there are trillions of pesos sleeping in the banks, losing their nominal value due to inflation costs, and the banks are the ones earning because they place your money in high-yield investments like MUTUAL FUNDS where they earn 20 to 30% yearly & just pay you the maximum 3% & pockets the rest for further investing or for capital expenses like fat management fees or build big buildings to house their offices to attract more depositors.

EFI – MUTUAL FUND ADVISOR
09228129180/023473687

]]> By: John http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-39143 John Fri, 12 Aug 2011 03:35:15 +0000 http://fitzvillafuerte.com/?p=1308#comment-39143 Hi Fitz, I am a first time MF investor so I'm a bit hesistant. Have you heard of FAMI (First Metro Asset Managament, Inc.)? They have a very low initial investment amount (5,000php) but how will I know if I will be investing in the right MF. I have their prospectus but I cannot understand it. Any idea if this will be a good company to start investing in? Thanks and more power! Your blog is really a source of financial literacy! Hi Fitz,

I am a first time MF investor so I’m a bit hesistant. Have you heard of FAMI (First Metro Asset Managament, Inc.)? They have a very low initial investment amount (5,000php) but how will I know if I will be investing in the right MF. I have their prospectus but I cannot understand it. Any idea if this will be a good company to start investing in?

Thanks and more power! Your blog is really a source of financial literacy!

]]> By: Understanding Mutual Funds | Transformational Leadership http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-25889 Understanding Mutual Funds | Transformational Leadership Fri, 07 Jan 2011 02:39:03 +0000 http://fitzvillafuerte.com/?p=1308#comment-25889 [...] online. I also have a number of books on financial literacy. For a start, you can also check Fitz Villafuerte’s blog, which provides lots of useful information on mutual funds, business and personal [...] [...] online. I also have a number of books on financial literacy. For a start, you can also check Fitz Villafuerte’s blog, which provides lots of useful information on mutual funds, business and personal [...]

]]> By: Lexi Adams http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-4145 Lexi Adams Mon, 05 Jul 2010 17:28:29 +0000 http://fitzvillafuerte.com/?p=1308#comment-4145 me and my friends have been into venture capital investments and so far the income is great.``` me and my friends have been into venture capital investments and so far the income is great.“`

]]> By: Fitz http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-4144 Fitz Wed, 23 Jun 2010 16:18:12 +0000 http://fitzvillafuerte.com/?p=1308#comment-4144 @Popoy Your money in a savings account, for example, is currently covered up to P500k by the PDIC. If the bank suddenly closes, PDIC will pay back up to P500k of your money that's left in the bank as a deposit. For mutual funds, if the MF company suddenly closes down, then that's it for your money. No entity will pay it back to you. @Popoy
Your money in a savings account, for example, is currently covered up to P500k by the PDIC. If the bank suddenly closes, PDIC will pay back up to P500k of your money that’s left in the bank as a deposit.

For mutual funds, if the MF company suddenly closes down, then that’s it for your money. No entity will pay it back to you.

]]> By: Popoy Tikas http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-4143 Popoy Tikas Wed, 23 Jun 2010 13:35:16 +0000 http://fitzvillafuerte.com/?p=1308#comment-4143 One last note, it’s important to know that your money that’s invested in a mutual fund is not protected by the Philippine Deposit Insurance Corporation or PDIC. -May I ask why? One last note, it’s important to know that your money that’s invested in a mutual fund is not protected by the Philippine Deposit Insurance Corporation or PDIC.

-May I ask why?

]]> By: Reader Mail #15: On Finding Work, Investing and Family Finances http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-4142 Reader Mail #15: On Finding Work, Investing and Family Finances Fri, 18 Jun 2010 08:30:34 +0000 http://fitzvillafuerte.com/?p=1308#comment-4142 [...] I’ve already written a primer about mutual funds, I hope you were able to read it, if not then here it is: Investing in Mutual Funds [...] [...] I’ve already written a primer about mutual funds, I hope you were able to read it, if not then here it is: Investing in Mutual Funds [...]

]]> By: Andrea Watson http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-4141 Andrea Watson Mon, 24 May 2010 06:13:54 +0000 http://fitzvillafuerte.com/?p=1308#comment-4141 Investing is my way of earning money both online and offiline, right now i am into venture capital."-* Investing is my way of earning money both online and offiline, right now i am into venture capital.”-*

]]> By: Jonha @ Happiness http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-4140 Jonha @ Happiness Thu, 20 May 2010 04:04:48 +0000 http://fitzvillafuerte.com/?p=1308#comment-4140 Fritz, Thanks for this post, at least I know what mutual fund is at hindi naman pala ganun ka safe when compared to TD. Fritz,

Thanks for this post, at least I know what mutual fund is at hindi naman pala ganun ka safe when compared to TD.

]]> By: Jerry http://fitzvillafuerte.com/investing-in-mutual-funds.html#comment-4139 Jerry Wed, 14 Apr 2010 08:14:06 +0000 http://fitzvillafuerte.com/?p=1308#comment-4139 Just want to ask about "The LGN Revolution", is this really a Real Business opportunity? Just want to ask about “The LGN Revolution”, is this really a Real Business opportunity?

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