PMT Forum

News: * * Read and follow the updated PMT Forum Rules. Violations may result to account suspension or termination. * *

Search Money Investments

* PMT Shoutbox

Refresh History
  • MirandaTan: babyzain whats your hobbies
    Yesterday at 08:38 PM
  • MirandaTan: hi samantha
    Yesterday at 08:37 PM
  • MirandaTan: hi yolak69
    Yesterday at 08:37 PM
  • MirandaTan: :hello:
    Yesterday at 08:36 PM
  • MirandaTan: 1 how about one pharmacist as a start
    Yesterday at 08:36 PM
  • MirandaTan: welcome justrufa
    Yesterday at 08:35 PM
  • MirandaTan: 6 months holding period
    Yesterday at 08:34 PM
  • MirandaTan: 6% per annum interest no tax
    Yesterday at 08:34 PM
  • justrufa: newbie here., looking for more info about investment
    Yesterday at 03:08 AM
  • aliyah102328: hello po guys..
    Aug 29, 2015, 11:01 PM
  • alfie20: real state
    Aug 28, 2015, 06:06 PM
  • babyzain: please give me tips and ideas thanks
    Aug 28, 2015, 03:12 PM
  • babyzain: 3. Ilang stafff po ang kailangan maliit lang po Pharmacy namin
    Aug 28, 2015, 03:12 PM
  • babyzain: 2.I need po supplier of medicines and other products
    Aug 28, 2015, 03:11 PM
  • babyzain: 1. what are the things to consider in putting up a Pharmacy
    Aug 28, 2015, 03:11 PM
  • babyzain: I want to know
    Aug 28, 2015, 03:11 PM
  • babyzain: Mag ask po ako sana plan ko po mg open ng Pharmacy ,
    Aug 28, 2015, 03:11 PM
  • babyzain: Hello goodafternoon
    Aug 28, 2015, 03:10 PM
  • yeashakhulet: slmt s pg welcome bajoyjoy
    Aug 28, 2015, 11:27 AM
  • lyza: anong topic today?
    Aug 27, 2015, 09:44 AM
  • lyza: .. naka sign in din... morning
    Aug 27, 2015, 09:41 AM
  • lyza: aun oh
    Aug 27, 2015, 09:41 AM
  • bajoyjoy: hallooo sainyo danyan, wangwang, din, yeasha, yllor!!!  good vibes for all our ka-PMT! :yahoo:
    Aug 27, 2015, 07:13 AM
  • danyan2001us: kumusta mga bros and sis....dan from melbourne here
    Aug 27, 2015, 06:47 AM
  • Wangwang: Musta
    Aug 26, 2015, 01:12 AM
  • Din: hello po. newbie here   :)
    Aug 25, 2015, 05:18 PM
  • yeashakhulet: sna mrmi aq m22nan d2
    Aug 25, 2015, 05:09 PM
  • yeashakhulet: good day guys im newbie here :)
    Aug 25, 2015, 05:05 PM
  • yllor: @ ff, naalala ko lang PMT bigla! Dahil biglang puro lahat pula. Minsan minsan lang ako check ganun pa
    Aug 25, 2015, 01:48 PM
  • esclabo: bouncing na PSE may mga green na.
    Aug 25, 2015, 11:22 AM
  • bajoyjoy: PSE parang ready to bounce na... biglang halt na naman..
    Aug 25, 2015, 10:27 AM
  • deoanda10: Hello guys!!! Sana po may maka-help sa akin how to earn online, I really need to resign e. Thank you in advance!!!
    Aug 25, 2015, 09:08 AM
  • freefront: @yllor dracula! nakakita lang ng dugo........ :hello:
    Aug 25, 2015, 05:25 AM
  • yllor: Hello PMT!
    Aug 25, 2015, 01:09 AM
  • Mart: Hello there.   Anybody who wants to help me about Forex Investment?
    Aug 24, 2015, 12:47 PM
  • Rcantiga: Hi to all I'm newbei here
    Aug 24, 2015, 12:11 PM
  • imchedeleon: Hi everyone. :)
    Aug 24, 2015, 10:50 AM
  • shemarie: WELCOME!
    Aug 24, 2015, 07:59 AM
  • bhon_bern: Hi Newbie here from san pedro...
    Aug 23, 2015, 04:04 PM
  • marthy11: JFC
    Aug 23, 2015, 04:56 AM
  • Annestoppable: Hi po
    Aug 23, 2015, 02:22 AM
  • sonny.wapak: Welcome lyza! Browse mo lang yung topics na interested ka para malaman mo kung ano meron dito. :)
    Aug 22, 2015, 09:57 PM
  • lyza: so anu meron here?
    Aug 22, 2015, 04:16 PM
  • lyza: aun naka join din
    Aug 22, 2015, 04:14 PM
  • sweetangel: hello good to see na may mga active parin pala dito. Let's bring back the old days. PMT have been part of many na successful na ngayon sa ventures nila
    Aug 22, 2015, 03:04 PM
  • bajoyjoy: i swear, mag accumulate nako ng GMA7 shares, surely may #AlDub effect ang earnings nila hahaha
    Aug 22, 2015, 02:54 PM
  • bajoyjoy: #aldub na!
    Aug 22, 2015, 01:53 PM
  • shemarie: hi! good to be here
    Aug 22, 2015, 08:17 AM
  • bajoyjoy: sige ikwento mo samantha, gawa ka ng thread para makapagcomment ang lahat ng gustong magcomment..
    Aug 21, 2015, 08:05 PM
  • samantha: hi.. wla ba sa inyo interesdo sa kwento ko
    Aug 19, 2015, 08:56 PM

Click LIKE, TWEET or +1 to earn PMT Badges!

Author Topic: First Metro Save and Learn Mutual Funds  (Read 127982 times)

Offline nailbiter

  • Alalay ng
  • Moderator
  • *
  • Thanks Received: 0
  • stop'n grow helps
    • Awards
Re: First Metro Save and Learn Mutual Funds
« Reply #45 on: Apr 24, 2007, 01:48 PM »
  • Publish
  • Bump for the pending question. Tried to email FAMI for a clarification but no response to date. Sa investors ng SALEF, na-charge na ba kayo niyang incentive fee?
    MP3: Musikang Pinoy Plus, Palabas! A Concert for a Cause
    26 October 2008, Sunday, 3pm, Philamlife Theater

    Offline lowije_dapogs

    • Forum Tambay
    • *
    • Thanks Received: 1
    • Awards Member of the Month Member since 2006
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #46 on: Apr 24, 2007, 02:27 PM »
  • Publish
  • ^tumawag nako sa fami and i just got off the phone, para mabigyang kasagutan na itong hanging question. sabi nung agent (hanilyn ata name) in case an investor redeems his share after the retention period, wala na raw binabawas na kahit ano, maliban lang yung sales load (na binayaran mo na on the day you made your investment). so tanong ko pano computation at anu-ano ang mga dinededuct, ang sabi wala na nga dinededuct and yung computation nga is: # of shares x NAV for the day (within the cut off na 12nn). binasa ko sa kanya yung mga binanggit dun sa ni-quote mo nailb like "incentive/performance fee", "hurdle rate", and parang alien ako sa kanya dahil di nya maintindihan mga yun. she said the fees or compensation paid to the fund managers are not deducted from the shareholders/investors. parang separate yun mga yon as operating expense as payment to the fund admin/manager (FAMI) and such expense are not co-mingled with the mutual fund issuer itself (1st metro save & learn equity fund). baka may pre-arrangement na between the two regarding those fees.

    san ba galing yung quote from oda? i cant really say more about the allegations kasi di pa naman ako nagredeem from fami, but im guessing that those so called performance fees and the like are all taken into account when they determine or fix the NAV each day so that neto na talaga yung idedeclare nilang NAV. ewancoolang...

    di nako masyadong nangulet dahil di ko rin naman talaga alam ano ba dapat kong tanungin. if you have more queries, the number to call is 840-57-51 to 56.
    « Last Edit: Apr 24, 2007, 02:57 PM by lowije_dapogs »

    Offline nailbiter

    • Alalay ng
    • Moderator
    • *
    • Thanks Received: 0
    • stop'n grow helps
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #47 on: Apr 24, 2007, 02:57 PM »
  • Publish
  • Kaya di rin ako tumatawag, may feeling din ako na magpaparang alien ako sa makakausap ko. :hihi: Pero yung tungkol nga sa incentive fee, galing mismo sa SALEF prospectus na nasa FAMI website. Sana tama ang agent in saying nabawas na rin yan bago ma-quote ang NAV. Malaki-laki rin ang 1/10th of the excess over 12%. Sa 67.45% na performance ng SALEF nung 2006, less 5.5% ang katumbas non.

    Tanong: how often and in what form do you get updates on the present value of your shares? Apart from checking the daily NAV yourself, what form of correspondence do you get from the company in this regard?

    Yung quote kay Oda, actually tatlong post yon na pinag-isa ko na lang, beginning here: http://www.inquirerbloggers.net/moneysmarts/2007/03/23/mutual-fund-investing-for-dummies/#comment-842



    « Last Edit: Apr 24, 2007, 03:17 PM by nailbiter »
    MP3: Musikang Pinoy Plus, Palabas! A Concert for a Cause
    26 October 2008, Sunday, 3pm, Philamlife Theater

    PMT Forum

    Re: First Metro Save and Learn Mutual Funds
    « Reply #47 on: Apr 24, 2007, 02:57 PM »


    * * * * * sponsored links * * * * *

    Offline irongoddess

    • Associate Member
    • *
    • Thanks Received: 0
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #48 on: May 02, 2007, 11:05 AM »
  • Publish
  • Hi guys! I called FAMI about this and they were quite surprised with the allegations.  Tama sabi ni lowije_dapogs.  The incentive fee is factored into the determination of the nav pero once a year lang sya dinededuct.  Not everyday.  What you see is what you get.  Ergo no. of shares x nav for the day.  

    As for the question of nailbiter, we get updates at the fami website.  there's a brief bi-monthly (i think)  report in pdf format that they offer to shareholders.  You also see the allocation of fami's investments there.  For questions naman, i call na lang.  Madali lang naman makaconnect sa kanila.  

    Offline nailbiter

    • Alalay ng
    • Moderator
    • *
    • Thanks Received: 0
    • stop'n grow helps
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #49 on: May 02, 2007, 11:13 AM »
  • Publish
  • Good to know. Thanks for seeking further confirmation, irongoddess. :)

    As for the investor updates, my question was regarding the value of your own shares, do you get personal updates? By mail? By e-mail? You could always check the present value of your shares against the daily NAVPS but not all investors may think to look this up in the newspapers or over the internet. I'm wondering if the company itself sends you any correspondence in this regard and how often these are sent out, if indeed they do.
    « Last Edit: May 02, 2007, 11:17 AM by nailbiter »
    MP3: Musikang Pinoy Plus, Palabas! A Concert for a Cause
    26 October 2008, Sunday, 3pm, Philamlife Theater

    Offline irongoddess

    • Associate Member
    • *
    • Thanks Received: 0
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #50 on: May 02, 2007, 12:04 PM »
  • Publish
  • As for me, they don't.  No email or text.  Actually, asking if there is such a service hasn't actually come to mind because I check ICAP and the FAMI website for NAV updates.  They did send a snail mail once regarding a meeting on offering more shares.  But otherwise, wala.  

    Offline nailbiter

    • Alalay ng
    • Moderator
    • *
    • Thanks Received: 0
    • stop'n grow helps
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #51 on: May 09, 2007, 08:48 AM »
  • Publish
  • Thanks again, irongoddess. Anyway, I asked the question still in relation to my query on how they apply the incentive fee in case we couldn't get a definitive answer via phone or e-mail. If the company releases periodic figures of the fund value of your shares, you could compare that with the reported performance to see if any additional fees were charged after the reported NAV. Nasagot na naman nung kausap mo, deducted once a year before pricing the NAV.
    « Last Edit: May 09, 2007, 09:02 AM by nailbiter »
    MP3: Musikang Pinoy Plus, Palabas! A Concert for a Cause
    26 October 2008, Sunday, 3pm, Philamlife Theater

    Offline tikiboy

    • Newbie
    • *
    • Thanks Received: 0
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #52 on: May 14, 2007, 10:58 AM »
  • Publish
  • hey guys, im planning to invest in FAMI by 3rd quarter of the year. Can you refer me to any of their reliable agents? Ayaw ko kasi walk in, cyempre mas maganda referral para mas alaga. hehehe. btw, yng sa binondo branch b nila pwede ka na bumili dun ng mga MF products nila? or kelangan dun pa sa makati? tnx again

    Offline irongoddess

    • Associate Member
    • *
    • Thanks Received: 0
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #53 on: May 15, 2007, 09:52 AM »
  • Publish
  • Call Fami and ask for Sally.  She's the one who usually accommodates new investors.  Kahit na sa redemption, isa rin siya sa nag-aasikaso.  

    Offline 2pac

    • Posting Guru
    • *
    • Thanks Received: 0
    • Anything that does not kill u makes u stronger....
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #54 on: May 15, 2007, 02:16 PM »
  • Publish
  • @tikiboy

    from what i recall sa makati lang pede eh.... nung pumunta ako sa binondo parang hindi nila alam kung anu gagawin sakin hehehe so ni refer nila me sa main

    @irongodness

    Si sally po ba yung agent nyo? may orientation pa ba? if ever thanks
    Because I don't know what's going to happen in the future... we have no choice but to do what we feel is right at the moment......

    Offline lowije_dapogs

    • Forum Tambay
    • *
    • Thanks Received: 1
    • Awards Member of the Month Member since 2006
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #55 on: May 15, 2007, 02:42 PM »
  • Publish
  • Metrobank tellers don’t know anything about the MFs, but they are the receiving bank of FAMI so they accept investments to be deposited to the FAMI account, kailangan lang ikaw na mismo ang magresearch on your own about the MF products before ka magdeposit sa metrobank account ng FAMI. If you cant go to the FAMI office personally, pwede nyo na lang i-visit yung site nila www.fami.com.ph, where you can download the prospectus and application forms, then get in touch with one of their agents through phone (nasa website din yung phone numbers), at magtanong ng ano pa mang info na gusto nyong malaman. After that, you can already make your deposit to fami’s account in any metrobank branch and save your deposit slip. You can then fax the filled out forms together with the deposit slip, and confirm with a fami agent through phone kung nareceive nila lahat ng docs mo, tanong mo na din yung NAV na inapply sa shares mo (baka di mo inabot yung cutoff time). Fyi, u still need to send the original docs to them by post or courier service (make sure you leave a file copy of your own). After a week or two you will receive your provisional receipt and confirmation receipt and that’s just about it.

    Yan ang trabaho ng mga tamad na gaya ko, so mukang di uubra kay tikiboy ang ganyan coz he wants a more personal relationship with his MF agent…

    Offline irongoddess

    • Associate Member
    • *
    • Thanks Received: 0
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #56 on: May 15, 2007, 03:48 PM »
  • Publish
  • @2pac

    No big orientation. Most of the things you need to know, you can already find in at www.fami.com.ph.  Yup, Sally is my agent.  Actually, she handles inquiries on FAMI.  Pag tumawag ka ron, either sa kanya or some other girl (the name escapes me) ka ipapasa.  But you do have to visit the FAMI office at GT Tower or at least, send the forms to the mailing address. As for the procedure, lowije_dapogs says it all.  Madali lang.  Deposit, submit forms with deposit slip and expect the provisional and confirmation receipt.  

    One time, i decided to add to my investment and pinadaan ko sa metrobank.  Yung teller, hindi man lang binasa yung account name.  Yung account number lang yung chineck nya.  Eh nagkamali pa naman ako.  Instead na sa Equity acct. ko naideposit, yung account number ko pang Bond fund pala.  So nagkagulo diba.  My forms say Equity, but my money's in Bond.  So tawag si Sally and buti na lang, they were able to successfully transfer my money to Equity.  What a relief!    

    Offline tikiboy

    • Newbie
    • *
    • Thanks Received: 0
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #57 on: May 15, 2007, 09:12 PM »
  • Publish
  • thnx for the referral. will try to call them up tom. hehehe. plan ko na mag invest pero hinihintay ko lang mag correction yng stock market. ang taas ng jump ngayon eh. hehehe

    Offline 2pac

    • Posting Guru
    • *
    • Thanks Received: 0
    • Anything that does not kill u makes u stronger....
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #58 on: May 16, 2007, 12:58 AM »
  • Publish
  • @irongoddess

    Thanks po sa information... my problem is wala akong fax machine =/ or scanner
    but maybe I'll go na lang to GT :) btw sabihin ko na lang sa kanya na you referred me to her?

    thanks
    Because I don't know what's going to happen in the future... we have no choice but to do what we feel is right at the moment......

    Offline irongoddess

    • Associate Member
    • *
    • Thanks Received: 0
      • Awards
    Re: First Metro Save and Learn Mutual Funds
    « Reply #59 on: May 16, 2007, 01:54 PM »
  • Publish
  • @2pac - No prob  :)

    So happy hataw ang market kahit na elections.  Finally, the Philippine electorate has proven they can conduct themselves in a civilized manner. Sana tuloy tuloy na.  Ako rin, intay lang to add more money but what I'm really excited about is their balanced fund.  I hope FAMI manages it as well as SALEF.  

    PMT Forum

    Re: First Metro Save and Learn Mutual Funds
    « Reply #59 on: May 16, 2007, 01:54 PM »
    * * * * * sponsored links * * * * *

     

    Related Topics

      Subject / Started by Replies Last post
    293 Replies
    91982 Views
    Last post Jul 11, 2007, 10:27 AM
    by nailbiter
    4 Replies
    3721 Views
    Last post Nov 20, 2012, 04:06 PM
    by chiechay79
    26 Replies
    4031 Views
    Last post Sep 11, 2014, 11:36 PM
    by Jayumaster
    35 Replies
    5188 Views
    Last post Aug 01, 2013, 03:57 PM
    by r4k3t_m4n


    * Recent Topics

    Forum Shortcuts!
     
     
    Welcome, Guest. Please login or register.
    Did you miss your activation email?

    * Must-Read Topics!

    * Active Posters Today

    rds
    1 Posts
    kAMi
    1 Posts
    Mohammad
    1 Posts

    * Vote in this Poll!

    • Who would you vote for as President in 2016?
    • Dot Kris Aquino
    • 11 (6%)
    • Dot Jejomar Binay
    • 8 (4%)
    • Dot Alan Peter Cayetano
    • 7 (4%)
    • Dot Chiz Escudero
    • 7 (4%)
    • Dot Ping Lacson
    • 7 (4%)
    • Dot Bongbong Marcos
    • 12 (7%)
    • Dot Grace Poe
    • 21 (12%)
    • Dot Bong Revilla
    • 0 (0%)
    • Dot Mar Roxas
    • 11 (6%)
    • Dot Miriam Santiago
    • 62 (36%)
    • Dot Others
    • 22 (13%)
    • Total Members Voted: 168
    • View Topic

    * PinoyMoneyTalk.com

    * SPAM-free PMT!

    Help clean up the PMT Forum by reporting spam posts, troll messages, PM solicitation, or any other problem posts or members! Click the "Report to moderator" link at the bottom of every post.
    BloQcs design by Bloc
    SMF 2.0.10 | SMF © 2015, Simple Machines
    SMFAds for Free Forums
    SimplePortal 2.3.5 © 2008-2012, SimplePortal