Mutual Funds are not so popular investment vehicle in the Philippines for many decades. In fact, I for one did not learn about this more especially how to get into it till about four years ago. But, this is changing. More people are getting educated on what is Mutual Fund, which companies provides this, and how to get into it. One more important thing to note is that it has become easy to invest in Mutual Funds even if you are outside the country.
There are several thousands of Mutual Fund providers in the USA. Our country has just a little over 30 providers. The performances of the Mutual Funds varies as each fund manager have their own favorite sectors, and employ different strategies to generate the fund earnings. If you are to invest in Mutual Fund (MF) on your own, the first thing you must learn is what among the MF is performing well. Performance is measured on the Rate of Return to Investments. You can check this out on www.icap.com.ph. Better yet, get a coach who can show you what is best to get into, and from there learn it by yourself how to monitor the performance of the Top 10 Providers. In the past three years, the best are: Philequity (PEMI), First Metro (FAMI) and Philam Asset (PAMI). I have tracked their performance since their inception and the returns beats many alternative investment vehicles. My favorite MF is Philequity that showed an average 22% ROI since 1995. In the last two years, it had a "boombastic" performance averaging more than 50% along with FAMI and PAMI. Believe it or Not! It's true, and it's good!
The next thing you need to learn is how to get started in it. Some banks who are linked with the MF Providers is an alternative way. The other way is to go direct to brokers. And for me the easiest way will be to go to IMG or their independent representatives for guidance. You will need to fill up forms and submit copies of two valid identification cards such as driver's license and passport. The investment for FAMI and PEMI can be as low as 5000PhP, while it is 10,000 PhP for PAMI for the first investment , Succeeding investments can be as low as 1000Php only! This is very manageable, affordable, and better alternative than putting your money on savings account. You can remit your investments through bank accounts for each of the funds. I can provide you with more details about this. Just contact me. Or you can have your relatives in the Philippines do the placement for you. You just have to make sure you fill up the forms which you can conveniently download from the web page of Rampver Strategic Advisors or their Facebook account RSA.
So it is that easy, right? Of course, before you get into this Mutual Fund investing, you also must have a total financial plan, and well defined financial goals. I can coach you how to do do it right. Just send me an email.
God bless!
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