Top 7 Mutual Fund Companies in the Philippines

I am glad that financial literacy has been widely provided to Filipinos nowadays - as compared decades ago, when financial information are only restricted to companies.

Today, let me talk about mutual funds (MF), which is another form of paper asset investing.  The most common MF products are the equity funds and balanced funds.

On Retirement Pensions through Mutual Fund Investment

My colleagues and I, who are all Filipino auditors working here abroad, had discussion about social security contribution earlier during our lunch break.  We discussed how much should be contributed monthly to our social security in the Philippines, if we are really required to the contribution and about its frequency.

Personally, I paid my social security monthly premium during my first year of working abroad.  However, at the start of January 2012, I stopped paying for my SSS premium when I have read about news that some retirement pension plans are not being paid to the people, and that the monthly pensions received by “pensioners” (sorry for the redundancy) only ranges from Php1,200 to Php2,400 monthly.  Does anyone here know how much the monthly pensions received from SSS?

Filipinos Do Yearn to Invest.

I just arrived at my flat after our usual Wednesday homegroup (ie: Bible study, praise and worship, catch-up, caring group updates, etc.)  And this Wednesday was one of those that we call “socials”, wherein we update each other about the latest events in our lives, and prayers we want to uplift by the group.  It was heartwarming, especially that I have been away for a month and 2 weeks due to my outside fieldwork from our place.  It’s nice to finally be back, receive and give support from/to my caring group friends. :)

Hey Pilipinas, mag-invest ka!

With the stock market reaching the 5,000 level, this is just an indicator that the Philippine economy is booming!

My message is for those who wants to get into “investing” but don’t know why.

If you doubt your technical knowledge about stock market and like to take caution, but still want to put your hard-earned money/savings into stock market, try to invest in mutual funds.  Your money will be handled by fund managers, so the only thing you got to do is deposit your money there.

Philippines Rank 3rd as the World’s Most Preferred Markets: My Mutual Fund Portfolio

A week ago, I read an article in the Manila Bulletin stating a very good news about the response of the world’s global fund managers about our beloved country.  Next to China and Malaysia, the Philippines rank third as the world’s most preferred markets of the global fund managers.  With the current economic crisis in Eurozone and increasing debt of United States, the focus of the investors have turned over to Asia.  And this amazes me that Philippines is soaring high and being preferred by the investors! Whooaw! \m/

 

So, what does this mean for us Filipinos?

 

Let me share with you my braincell-analysis as an effect of this positive market scenario:

• Increase in investors means business opportunities in the country
• More business opportunities = more jobs for Filipinos
• More jobs for Filipinos = Additional income for the family
• Additional income for the family = Happy! [because this means we have something to buy food for our table and increase our savings for investments]