– For as little as P5,000, you can start investing in mutual funds. This is the same as opening your own passbook savings account, right?
– If you want to add to your mutual funds regularly, you can do so with a minimum of P1,000.
– In mutual funds, your resources are pooled together with other investors.
– You can take advantage of “economies of scale” by negotiating for lower stockbrokerage fees or higher interest rates for fixed-income investments.
(Read: Investing in Mutual Funds in the Philippines for Beginners)
– Mutual funds are highly regulated by the Securities and Exchange Commission (SEC) under Investment Company Act and its Implementing Rules and Regulations.
– Mutual fund companies are required to submit regular reports to SEC and to their shareholders like you.
– Mutual funds in the Philippines are designed to spread and manage risks by holding several investment types or companies.
– A mutual fund is required by law to be invested in various securities. 🙂
Why hold only BDO bank shares when you can invest in both BPI and BDO in mutual funds?
Why lend money to only the government when you can lend to both the Republic of the Philippines and to stable Philippine companies at the same time in mutual funds?
– For beginners who want to make their money work for them, investing in mutual funds is preferable because full-time fund managers do all the work for you, so you can focus on developing your core skills to potentially increase your cash inflows.
Attractive Long-Term Returns
– In mutual funds, you invest your money for the long-term; you do not trade it recklessly. Opening your own mutual fund account is like starting your own business – you earn money when the companies in your portfolio earn profit or when your borrower pays you back with interest.
If you have P100,000 and you put it in bank products:
(Read: How do you compute your mutual fund earnings?)
– You can open your own mutual fund account by approaching SEC-licensed Certified Investment Solicitors (like me) who provide personal service.
No need for long bank lines or meticulous signing of paperwork! You can also invest subsequent investments – online.
For example, in Sun Life’s SunLink online, you can:
– Naturally as you grow, so will your financial goals, so of course you need to make sure that your investment strategy is relevant to your current financial status. With mutual funds, you can do interfund transfers. (At Sun Life, you can switch/transfer between funds for 4x free of charge)
How do you get started in investing in mutual funds in the Philippines? Well, a bonus advantage for investing in mutual funds is that if you choose to be with Sun Life, I can personally assist you in opening your own account. 🙂
(Read: How to Open A Mutual Fund Account with Sun Life Philippines – 3 Steps)
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