Links to third-party web sites are provided as they may be of interest to our website visitors for convenience. Fees Banks perform the service of safekeeping, managing, and balancing our funds for a fee if you ever hear a bank give something, anything, away for free, let me know , or actually, several fees: the trust or management fee, custodian fee, audit fee, and early redemption fee, just to name a few. Top-ups should be at least Php 1,000 with 2% processing fee. This material is not intended to be comprehensive and does not purport to contain all the information that a prospective investor may require. A good fund manager should outperform the usual alternative investments available mostly to big investors.
Most Filipinos have the hardest time doing the last item — getting started. So yes I did make some profit. Fund Classification — Intermediate Bond Min. Advantages of Mutual Funds The money accumulated in a mutual fund is managed by professionals who decide on behalf of the shareholders regarding investment strategy. When I first bought shares, they were selling for around 3. Step 3: You will be required to present a valid government-issued Identification Card e.
Only P 5,000 Investment To Get Started The Good News: Investing in any of the mutual funds listed above is very affordable. First Metro Bank will not be responsible for any loss, damage to equipment, or incompatibility between the third party website and any Web browser, operating system, or devise used or operated by a user. Investment risks are borne solely by the investor. Fund Classification — Balanced Fund Min. Maybe you already have decades of pleasant experience with a particular bank, and you would want to reward it by giving it more of your business.
In no case shall this material be taken as an offer to engage in investment or trading. It must be noted though that I did extensive research about my choices beforehand and readied my questions. This includes a good performance in their mutual funds and other treasury products. The investor should, however, compare performance of products with similar investment parameters for a more objective evaluation. If everything is okay, the forms and your documents will be forwarded to the Encoding Department for proper documents filing. ProEquities makes no representation to the accurateness of information provided at these sites. Most Filipinos think that investing in Mutual Funds is very complicated and is only for the rich.
Fund Classification — Intermediate Bond Min. This fund will be invested in a diversified basket of stocks, bonds, and other similar funds. There is no penalty if you cannot do additional investments. Scroll down to read about our trust products and services. As of June 2007 assets reached P669. And he explains investment concepts in a way that is easy to understand.
Archived from on July 21, 2011. He is able to explain things properly and caters to my needs as speedily as he can. The bank's total capital funds on June 30, 2006 stood at P57. As our age increases, our appetite for risk decreases as we wish for safety and stability in terms of income or cash flows. Are you more of a risk taker or a risk avoider? Initial Participation — Php 50,000 Min. Its consolidated resources amounted to P588. Bank reputation In the end, your choice of bank may just boil down to how much trust you place on each.
The rule of thumb is to match your risk appetite to the risk of the securities the fund is invested in. Step 1: Simply visit any nearby Metrobank branch and our branch personnel will guide you in determining the fund that is appropriate to your needs and risk profile. Past performance is not indicative of future returns. Maybe you want to build up a College Education Fund for your children. I just went to their office, presented the receipts of those bought shares I wished to sell and there was no hassle at all. Basically, I just went there during my 1 hour lunch break and the guy I transacted with James gave me a brief but concise overview of their products and some supporting documents to go.
Also, we should not invest all of our money since we still have expenses to pay. But basically, it can get confusing so I resorted to keeping track of things through a personal spreadsheet. This same price is used for both subscription and redemption transactions. On September 28, 2009, Metrobank is the first local bank to offer a line of denominated offerings. I will guide you and will be here to answer your every question and any need for assistance. What are the fees involved? If you desire to go public equity financing or issue a long-term debt instrument debt financing or simply desire to improve the management of your outstanding stocks, you will require the services of a technically-competent agent to ensure that you efficiently comply with government regulations. Annuities Annuities can provide consumers with guaranteed income and help increase tax-deferred savings, principal protection, and lifetime income as part of an overall retirement plan.