Comments on: Problematic About Mutual Fund Access

By: Chris

Chris — Sun, 09 Nov 2008 22:29:38 +0000

im intereseted in mutual fund. this should be vigourously offered to the OFWs where most of our monies goes to such mundane expenses as ipods, psp’s, cars, splurging at the mall and all.

maybe the embassies and the consulates of the philippines all over the world should let the OFW’s know more about this.

thank you.

By: Finacial Guru

Finacial Guru — Tue, 04 Nov 2008 14:08:12 +0000

Hi Fler, if you would like to invest in mutual funds, ask first yourself what your financial objectives are. If you’re looking for short term investments, mutual funds may not be for you. But if you’re looking for the long term like retirement, then mutual funds may be an option.

With the question if its safe even there’s financial crisis, with cost averaging (see recent post), you can minimize risk whether there’s crisis or not.

From what I see, the current situation is only temporary and will soon pass. Just look at the past. It’s only normal for the market to go up and down.

By: Finacial Guru

Finacial Guru — Tue, 04 Nov 2008 14:00:36 +0000

Hi Glenn,

Give me your contact number and I’ll try to ask an agent/broker in Cebu to contact you. Or you may also check http://www.icap.com.ph to check on the Mutual Fund Companies, go to their website and look for a company that is in Cebu. You can directly inquire there.

Hope this helps.

By: fler domingo

fler domingo — Tue, 04 Nov 2008 04:28:05 +0000

Is it safe to invest in mutual funds now that there is a global financial crisis?

By: Tudtud , Glenn

Tudtud , Glenn — Sun, 02 Nov 2008 23:25:18 +0000

good day!
Im Tudtud ,Glenn,from cebu..I just also inquire about mutual funds? how to get the mutual funds in cebu? I,m a simple worker at a radio station us a technician..

By: Financial Guru

Financial Guru — Sun, 20 Jul 2008 15:35:44 +0000

Thanks Mark for your comment. I’ve checked the link you’ve provided and it actually says Kinabukasan Fund. But if you’ll check ICAP site, GSIS Mutual Fund is simply known as GSIS Mutual Fund. Also according to GSIS is the script below.

“PAMI, a member of the Philam Group of Companies, is the fund manager of the GSIS Kinabukasan Fund.”

ALFM or Ayala Life Fixed Income Fund is correct. It is listed in ICAP (http://www.icap.com.ph) under Bond Funds which invests in Peso, Dollar and Euro.

By: Mark

Mark — Fri, 18 Jul 2008 06:35:35 +0000

Hi, the GSIS Fund is indeed named Kinabukasan Fund

“The GSIS Kinabukasan Fund started in 1998 when the GSIS wanted to set up a fund that will provide affordable investment options for government employees.

It was termed “kinabukasan” since it provides long term investment options for the members.”

Got it from http://www.gsis.gov.ph/content.asp?ContentId=659&headertype1=left

Also Ayala’s mutual fund is named Ayala Life Fixed Income Fund (ALFM)
I believe you can invest online using BPI Trade
Their website is here http://www.alfm.com.ph