Mutual Funds

[KuyaDanny]

Each fund should have a prospectus which is provided by the person/institution authorized to sell it to the public.

[travy]

but do u know where to get

1. list of all mutual funds in the Phil.
2. infos (prospectus) about each fund so u can compare its performance?

[charmedPrue]

bea: ako rin po. musicalette@yahoo.com . tnx!!

[KuyaDanny]

There's a mutual funds report which periodically appears on http://money.inq7.net

Click here to download a PDF version of the report as of 31 August 2004.

This is not a list of all the mutual funds in the Philippines, only the largest ones. I haven't found the kind of list you are looking for. There is a trade association for mutual fund managers, the Investment Company Association of the Philippines. I don't know how to reach them, though.

[Hulk]

Originally posted by Bea19
Hi! to all those interested in mutual funds, I'm with the mutual funds division of Philam.

You might want to check out the thread of " where can I invest my P30K " we have already started a short discussion of bond funds.

Hey! I might be interested pero I just have two questions:
1. What is the average duration of the securities in Philam's portfolio?
2. Is Philam marking-to-market its securities?

[KuyaDanny]

Philam is NOT marking-to-market its securities - at least not the bond holdings (e g, ROP, etc). I checked and checked again.

[travy]

which is better...investing in stocks or bonds or mutual funds or real estate or business?

[KuyaDanny]

What does "better" mean to you?

[Bea19]

Hi Hulk! Thanks Kuya Danny for answering...

regarding Hulk's 1st question even before GMA'a announcement regading the fiscal crisis we at Philam have already been preparing for that because we have the AIG Risk Management who does that job for as full time...so since last year sa portfolio namin when it comes to securities we have a mandate na di kame pwd magkaroon ng securities with a tenor of more than 7 years.

for your 2nd question...accrual method pa din ang gnagamit namin when it comes to our funds kaya are clients can enjoy better rates...we are preparing for the market to market scenario that will probably be applicable in the next year or so...

so yun ang maganda talaga sa mutual funds, since actively managed sya assured ka na we as fund managers can adapt to any financial crisis
Please Pm me na lang for additional queries baka kse hindi ko ma browse itong forum ulet...thanks

[Bea19]

Btw, please check our website www.philamfunds.com and www.gsismutualfunds.com

thanks...

[travy]

Originally posted by KuyaDanny
What does "better" mean to you?

better in terms of roi, profitability, tax shelter

[Hulk]

I brought about an important topic that every potential investor should understand... marking-to-market!

What is mark-to-market (MTM)? MTM is recognizing the market value of the securities in the fund at current market prices. Like stocks, bond prices also move. It's not "fixed" as the name fixed-income implies. The prices of bonds move inversely to movements in interest rates. The best practice for any fund is to MTM their securities unless their intention is to hold it until maturity.

Why is it important? In case everybody in the fund pulls out their money, the fund will be forced to sell its security holdings at market prices. If interest rates rose prior to the sale, then the total value of the fund should drop considerably, meaning you might get an amount less than your original investment.

Asking your mutual fund seller, if they mark-to-market is therefore a must in understanding the safety of your investment.

Another important question to ask is the duration of their portfolios. Most mutual funds have long portfolio durations. 5 to 7 years for peso funds and most dollar funds have average portfolio durations of 13 years!

What is the significance of a long portfolio duration? Well the longer the portfolio duration, the bigger the drop in bond price when interest rates increase! A 1 percent change in interest rates could cause a a portfolio with a 13 year duration to have capital losses by more than 10%.

Why is this all important? Well since we are in a fiscal crisis... everybody should realize that interest rates are rising!!!

[summit012]

what is ur recommendation on these books/authors

1. trade ur way to financial freedom by van tharp
2. one up on wall street by lynch
3. beating the street by lynch
4. how to make money in stocks by o'neal

[woofers]

bump

[woofers]

Philam Asset Management's Mutual Funds: http://www.philamfunds.com/
GSIS Kinabuhayan (Managed by Philam): http://www.gsismutualfunds.com/Features.htm
Sun Life Mutual Funds: http://www.sunlife.com.ph/mutualfunds/
Kabuhayan Fund (Mutual Fund Company of the Philippines): http://www.mutualfund.com.ph/

To find out how the various funds are performing, visit http://money.inq7.net and click on the Mutual Fund Report button near the bottom of the page. It opens up a popup with a link to a PDF file.

[Bea19]

please visit our website ....philamfunds.com

[Chase_Meridian]

Hi. What do Equity, Balanced, Bond, and Benchmarks mean?

[camerlengo]

why dont you try the ayala fixed income fund by bpi
its a 21 Billion fund and still growing

ang taas ng yield ng philam dollar bond fund
naka accrual kasi
pero kung mark-to-market
baka lubog sa losses

[camerlengo]

bea19
boss mo ba si joey?

[Bea19]

Yup yup!Alberto V. Ramos our new Pres and COO.nag start sya nung around Feb lang.Honestly camerlengo I don't think pag nag mark to market malulubog sa losses kaya nga actively manage eh, you can act depending on the situation and I don't think Philam will let that happen. I guess your from BPI right?