Mutual Funds - Thread # 3

[artificialstar]

hindi po ba hassle ang pag top up and pag redeem ng shares via philequity? ano po ang process nila? kelangan parin ba ng agent's intervention?

[goldengoose]

check mo yung website nila sis. philequity.net. masasagot yang very standard question na yan. pero i imagine hindi naman tayo mahihirapan magredeem considering philequity's rep.

chineck ko pala, parang walang balanced fund ang philequity. yung pse index at philequity fund, puro equity funds. :-( i guess i'll have to find a good balanced mf elsewhere. any suggestions beside PAMI, FAMI, and Sunlife? ok ba ang ALFM?

[chefron]

If we are expecting our money to grow in millions in mutual fund, isnt it appropriate to get a "big" face amount of insurance just to cover the estate tax it would incur in redeeming the money?

[bb]

pababa ng pababa ang NAVPS. baka madaming nag-profit taking ngayon, baka gagamitin sa bakasyon grande sa Holy Week hehe.

[goldengoose]

trooo! best time to top up. pag nagkaoras ako magtatop up ako sa pami. sunlife kasi di pa ayos yung convenient setup na napagusapan namin ng agent ko

[eischied_21]

Thanks sis ikaela and goldengoose. I love Philequity na! haha

As usual sa FAMI, March 9 ako nagtopup hanggang ngayon I constantly reminding Belle about the processing of my transaction. Oh well, what's new!

[goldengoose]

oo sis okay ang philequity in almost all aspects. :-)

anyone here with ALFM balanced mf? musta naman so far? :-)

[eischied_21]

^ hi sis, I have ALFM Growth Fund (Balanced). For me ok naman yun returns almost 13-15% na last week nun hindi pa nagdrop yun price with holding period of just 6 months. Ang gusto ko rin kasi dun yun online facility ng bpi kaya nagsubscribe ako dun sa ALFM.

Isa sa mga factors ng pagpili ko rin kasi ng mfs is yun convenience ng pagsubscribe and redeem. I want everything to be done online.

[artificialstar]

trooo! best time to top up. pag nagkaoras ako magtatop up ako sa pami. sunlife kasi di pa ayos yung convenient setup na napagusapan namin ng agent ko

sis okay ba ang processing ng pag top up sa PAMI? Aasikasohin ba kaagad ng agent yung nideposit mo? Im torn between PAMI and philequity. Bond fund yung kukunin ko

[goldengoose]

^ hi sis, I have ALFM Growth Fund (Balanced). For me ok naman yun returns almost 13-15% na last week nun hindi pa nagdrop yun price with holding period of just 6 months. Ang gusto ko rin kasi dun yun online facility ng bpi kaya nagsubscribe ako dun sa ALFM.

Isa sa mga factors ng pagpili ko rin kasi ng mfs is yun convenience ng pagsubscribe and redeem. I want everything to be done online.

salamat sis! will open an ALFM balanced mf account soon :-)

[chefron]

If i want to open a mutual fund account for my kids, how do i go about it?

[goldengoose]

sis okay ba ang processing ng pag top up sa PAMI? Aasikasohin ba kaagad ng agent yung nideposit mo? Im torn between PAMI and philequity. Bond fund yung kukunin ko

sis, depende sa agent na matatapat sa yo with PAMI. yung akin kasi di nga inaacknowledge yung text ko pag nag topup ako. pero dumarating naman on time ang mga acknowledgment letters. the company itself or whichever department is processing the top ups, reliable naman pagdating sa ganun. and they have customer service din.

ang downside lang ng PAMI na nakikita ko, medyo malaki yung entry fee nila. kasi ako matagal ko ring binawi yung entry fee na yun bago nagsimulang kumita yung strategic mf ko. yung philequity mas maliit, mga 2% yata. check and compare na lang sis. kasi malaking bagay din yung entry fee. yung prulife nga 7% entry fee, it took mo months bago ko nabawi yung 7%.

[bb]

^bakit ang laki naman ata ng sa prulife, 7% ang entry fee? kasi karaniwan naman sa mga mfs, 2% lang ang fee for opening an account...

[goldengoose]

oo nga e. unang unang mf ko ang prulife kaya i didn't know better. sobrang naexcite lang akong mag-mf kaya yung kakilala kong agent na family friend kinunan ko. pero dahil sa pagbabasa ng threads sa internet at pagreresearch sa mga websites ng mf companies nahanap ko din yung mga tamang pagiinvestan. like pami, sunlife, philequity, etc

sabi ng prulife agent kahit daw 7% di na daw sila nagkakaltas ng management fees. kahit na, kasi di naman bongga ang performance ng balanced mf nila nung 2012. kaya hindi pa rin ganun kataas NAVPS kahit walang siningil na management fees. buti na lang nakahabol nung last quarter ng 2012 at 1st quarter ng taong to

[artificialstar]

thanks sis goldengoose! nalakihan din kasi ako sa sales load ng PAMI. i think i'll go with philequity. i checked their site. 1% lang sales load nila for peso bond fund maganda din kasi performance nila.

as for balanced fund, i'll go with ALFM. i have money market sa ALFM. super convenient ang pag top up if you do it via their online platform.

i checked philequity's euity fund. ang laki ng sales load 3.5% O_o okay sana performance nila.

[artificialstar]

By the way, sa mga sissies na merong philequity mf, sinend nyo ba thru courier yung requirements for application or pwd isend thru email? Yung top up pwd rin isend thru email yung deposit slip and all dba? Tia!

[ikaela]

^When I opened my Philequity account, I sent the forms via courier just to be sure. Then everything else, the additional investments and redemptions, were made through email.

I'm still having so much trouble with redeeming my shares from FAMI. They still want the form, which I've already emailed AND faxed, sent via courier, even though it says in their procedures that via fax is enough.

I've also already changed my FAMI account name to my married name many months ago -- they even sent me an SOA using my married name -- but now, of course, their current records still reflect my maiden name. Syempre magkaka-conflict once they deposit the proceeds to my bank account, which is already under my married name. Ewan ko ba sa FAMI, so disorganized.

[artificialstar]

^ thank you sis ikaela. yung pagredeem pwede thru email lang din?

ang hassle pala kahit mag redeem ng shares from FAMI. O_o

[eischied_21]

^ Naisip ko din yan sis kahit never pa ako nagredeem sa FAMI.

[goldengoose]

looks like philequity is the new "fami" in this thread. haha. justly so!

nagwalk in kasi ako sa philequity office sa ortigas. haha talagang dinayo ko! mabilis lang while you wait ang pagprocess ng requirements. ganun din naman sa PAMI in fairness.