Pls help!!! I want to KNOW and LEARN about MUTUAL FUNDS

[dodongisputing]

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From what I know, walay FAMI office diri sa Cebu and most of the mutual fund companies are at Metro Manila. Sa mga nag invest diri sa FAMI, most of them are doing it through IMG.

Naay Sunlife sa Cebu Business Park but I'm not sure if they're carrying mutual funds or sa Manila ba gihapon mag invest.

Actually bro, and FAMI is 70% owned by First Metro Investment Corp. (FMIC). FMIC, on the other hand, is owned by Metrobank.

So if you wanna invest in FAMI, I think you can inquire sa Metrobank, I'm sure naay brochures didto. Also, if I remember correctly, while Metrobank does not directly sell FAMI products (note:directly, FAMI is under a separate entity), Metrobank does collect for FAMI.

Dili ko 100% ani but you can ask Metrobank to be sure.

[dodongisputing]

Actually bro, and FAMI is 70% owned by First Metro Investment Corp. (FMIC). FMIC, on the other hand, is owned by Metrobank.

So if you wanna invest in FAMI, I think you can inquire sa Metrobank, I'm sure naay brochures didto. Also, if I remember correctly, while Metrobank does not directly sell FAMI products (note:directly, FAMI is under a separate entity), Metrobank does collect for FAMI.

Dili ko 100% ani but you can ask Metrobank to be sure.

From the FAMI website itself - INVESTMENT PROCEDURE : First Metro Asset Management Inc

Send lang ang form nila then deposit sa Metrobank.

[neo4596]

From the FAMI website itself - INVESTMENT PROCEDURE : First Metro Asset Management Inc

Send lang ang form nila then deposit sa Metrobank.

dli ba na cya hassle? what if mo transact lng ko through IMG? will the procedure become easier?

[Metz]

From the FAMI website itself - INVESTMENT PROCEDURE : First Metro Asset Management Inc

Send lang ang form nila then deposit sa Metrobank.

yes, you can save directly through Metrobank but naay banking fee on top of the 2% sales load.


Ang advantage if moagi ka sa IMG, no additional charge and we can assist you if naa kay concerns and answer any questions immediately. Our managers have direct contacts to FAMI.

if mo deretso ka sa FAMI, long distance call paka para naay motubag sa imo pangutana. and most likely frontline customer service ra imo maka storya.

so it really depends kung asa jud comfortable nimo.

[dodongisputing]

dli ba na cya hassle? what if mo transact lng ko through IMG? will the procedure become easier?

Better you ask IMG people, I am not familiar with IMG.

[dodongisputing]

yes, you can save directly through Metrobank but naay banking fee on top of the 2% sales load.


Ang advantage if moagi ka sa IMG, no additional charge and we can assist you if naa kay concerns and answer any questions immediately. Our managers have direct contacts to FAMI.

if mo deretso ka sa FAMI, long distance call paka para naay motubag sa imo pangutana. and most likely frontline customer service ra imo maka storya.

so it really depends kung asa jud comfortable nimo.

Bro, I think ikaw gyud makahatag advice ni Neo regarding sa nuances of going directly to FAMI or going through IMG.

I did not know naay banking fee if mu-deposit ka sa Metrobank. That's odd. I'll call FAMI/Metrobank tomorrow.

[dodongisputing]

yes, you can save directly through Metrobank but naay banking fee on top of the 2% sales load.


Ang advantage if moagi ka sa IMG, no additional charge and we can assist you if naa kay concerns and answer any questions immediately. Our managers have direct contacts to FAMI.

if mo deretso ka sa FAMI, long distance call paka para naay motubag sa imo pangutana. and most likely frontline customer service ra imo maka storya.

so it really depends kung asa jud comfortable nimo.

Bro Metz, question. Curious gyud ko sa IMG so enlighten me.

1. If agi kog IMG to buy FAMI, naa gihapoy Sales Load na 2% for investments of P5,000 to P100,000?
2. If IMG ko agi, naay effect sa redemption fee / redemption period?
3. Naay effect sa management fee if sa IMG ko mupalit?
4. How does IMG earn from FAMI?

[Metz]

Bro Metz, question. Curious gyud ko sa IMG so enlighten me.

1. If agi kog IMG to buy FAMI, naa gihapoy Sales Load na 2% for investments of P5,000 to P100,000?
2. If IMG ko agi, naay effect sa redemption fee / redemption period?
3. Naay effect sa management fee if sa IMG ko mupalit?
4. How does IMG earn from FAMI?

1. yup, same ra if sa office ka nila mo transact. FAMI partnered with IMG aron di na sila mo gasto ug additional office, additional staff, and additional brokers. Dako kaayo ila savings for operations cost.
2. nope, mura rajud ka naa sa FAMI office.
3. same as 2
4. we get percentage commission from the 2% sales load nila. so maka imagine naka how much we get for a 5k investment.

gi consider na namo ang information about mutual fund as our gift to the masses.
daghan pajud kaayo wala kabalo about MF.

[neo4596]

if magclose ang MF company, can you still redeem your shares? or quits na gyud imong investment?

[Metz]

if magclose ang MF company, can you still redeem your shares? or quits na gyud imong investment?

I don't see the doomsday scenario happening kay na test naman sila pag year 2008 financial meltdown. But I can see it happening in stocks though. All MFs lost value but right now they are all up and gaining.
But only death is guaranteed in life, so it might happen. And I always tell my clients that.

MFs protect our investment by diversification. Meaning some of the portfolio will be invested on blue chip stocks from different companies like SM, Ayala, SMB, Meralco, Jollibee, PLDT, Smart, etc., while naa the rest on upcoming stocks for better gains. Naa pajud govt and corporate bonds/securities which are guaranteed by the govt.

if di kaayo ka willing mo take ug risk, go for a bond fund. naa ra sa 8% to 10% ang growth per year, but this is better than a time deposit. Although sa mga retirees ra nako ni girecommend hehehe.

or if you want, invest 50% of your portfolio on equity funds, then the rest on bond fund, aron naa puy aggressive na tubo imo portfolio.

And if you want to diversify further, invest on 2 mutual fund companies.