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PMT Forum's MOST POPULAR Discussion Boards => Mutual Funds / UITF / VUL Investing => Topic started by: xtian001 on Jan 24, 2012, 01:36 PM

Title: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: xtian001 on Jan 24, 2012, 01:36 PM
Been thinking of investing on MF since looking at the history for both Philequity PSEIX and FAMISALEF are promising.

Some questions though, is it a good time to invest on MF and what is the future outlook sa trend? Bababa ba ito in  the next couple of months or tataas pa. I'm just a beginner so I don't know how to analyze these yet but would want to know kung kailan ba best time to invest in MF.


Also, between the two, ano pipiliin nyo? Philequity o FAMI?

Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: vhinsent08 on Apr 11, 2012, 10:59 PM
Been thinking of investing on MF since looking at the history for both Philequity PSEIX and FAMISALEF are promising.

Some questions though, is it a good time to invest on MF and what is the future outlook sa trend? Bababa ba ito in  the next couple of months or tataas pa. I'm just a beginner so I don't know how to analyze these yet but would want to know kung kailan ba best time to invest in MF.


Also, between the two, ano pipiliin nyo? Philequity o FAMI?





dont wait.. start now....


I have  an initial investment before and the navs is just 7 pesos.. then I waited a  1- 3 years  it naging 14  after a 1-2 year naging 24 ... Tingin Mo baba pa??/??  mali ku lang i did not make it monthly i invested when I just feel like it ( hahah kapag me sumobra  sa pera)  sayang...
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: bj71 on Dec 10, 2012, 12:43 AM
hi to all FAMI investors, just wanna ask where do you monitor the daily NAVPS

i visited the website of FAMI, i couldnt find the daily NAVPS result.
How can you monitor the previous/latest daily price of the NAVPS?
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: mxherr5 on Dec 10, 2012, 08:26 AM
@bj, for historical data, check pifa.com.ph

@xtian, dude I invested at the PEAK of 2007.
Right before everything came crashing down and I'm way way
ahead right now.

Heck even if I didn't cost average and did a lump sum investment,
I would still be ahead now, the NAV then was in the low 2s as in mga
2.1x but now its 3.5x I'm talking about Sunlife's mutual fund btw.


Also, technically you can't compare the two, as Philequity is an Index Fund
while Fami is an actively managed fund. But if you're talking about Philequity's Equity Fund
then it comes down to image and a big backer which Philequity lacks.

While FAMI is backed by Metrobank, but the service sooo totally sucks.

They both have great performance.
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: freefront on Dec 10, 2012, 09:02 AM
^ I thought one of the issues of Philequity ay yung mas mataas na load nila as compared sa ibang companies?
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: bj71 on Dec 10, 2012, 11:53 AM
@bj, for historical data, check pifa.com.ph

@xtian, dude I invested at the PEAK of 2007.
Right before everything came crashing down and I'm way way
ahead right now.

Heck even if I didn't cost average and did a lump sum investment,
I would still be ahead now, the NAV then was in the low 2s as in mga
2.1x but now its 3.5x I'm talking about Sunlife's mutual fund btw.


Also, technically you can't compare the two, as Philequity is an Index Fund
while Fami is an actively managed fund. But if you're talking about Philequity's Equity Fund
then it comes down to image and a big backer which Philequity lacks.

While FAMI is backed by Metrobank, but the service sooo totally sucks.

They both have great performance.

thanks brother...will chech pifa.com.ph
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: mxherr5 on Dec 10, 2012, 07:06 PM
^ I thought one of the issues of Philequity ay yung mas mataas na load nila as compared sa ibang companies?

It didn't cross my mind, to me all funds with sales load is the same
hehe. I checked and it does have a bigger load than FAMI.
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: harimon21 on Dec 10, 2012, 08:48 PM
Quote
hi to all FAMI investors, just wanna ask where do you monitor the daily NAVPS

i visited the website of FAMI, i couldnt find the daily NAVPS result.
How can you monitor the previous/latest daily price of the NAVPS?

hi bj71. FAMI posts the daily NAVPS on their official FB page. Hope it helps.
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: bj71 on Dec 10, 2012, 09:05 PM
hi bj71. FAMI posts the daily NAVPS on their official FB page. Hope it helps.

Thanks harimon21.

does metrobank accept aplication for FAMI mutual fund? or just the payment and you need to submit the application form in their office in manila?
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: personalfinanceapprentice on Dec 10, 2012, 10:01 PM
Thanks harimon21.

does metrobank accept aplication for FAMI mutual fund? or just the payment and you need to submit the application form in their office in manila?

Hi bj71,

I don't think Metrobank accepts FAMI applications. I got this from the FAMI site (see below). But you can pay through Metrobank. And after your application gets processed, you can also view your fund through metrobankdirect.


For Initial Investment

Step 1. Get a copy of the Prospectus and study it.

Step 2. Fill out an Account Opening Form (AOF), Investment Application Form (IAF) and  Signature Cards and submit the documents  together with the following:

    For individual (personal) accounts, please submit a photocopy of two (2) valid IDs

Step 3. Make your investment through the following mode of payments:

    Cash
    Checks payable to the Fund of your choice:
        First Metro Save & Learn Equity Fund, Inc.
        First Metro Save & Learn Balanced Fund, Inc.
        First Metro Save & Learn Fixed Income Fund, Inc.
        First Metro Save & Learn Money Market Fund, Inc.
    Deposit  directly at  Metrobank Account

 

Step 5. Submit a copy of the accomplished forms and deposit slip  and fax to Fax No. (02) 816-0467 or email at FAMI@firstmetro.com.ph, then forward the originals to our office address afterwards, or you can pouch it to any Metrobank Branches near you. FAMI Pouch Code# 90020. For checks received, booking of investment will be made upon clearing of the check.
Sponsored Link:
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: mey28 on Dec 18, 2012, 06:50 PM
Laki ng difference ng sales load nila. 2%.. ung un big turn off sa Philequity. And dat's a BIG difference if you take compounding into consideration. And ung exit fee nila, malaki din ung difference. lets say you invest P50,000 a year and 2% of dat is P1,000. Sa unang tingin maliit lang difference, pero if yearly or monthly ka nag iinvest and long term ang approach, balang araw baka makabili ka pa ng sasakyan sa difference ng fees. Yeah, both funds perform strongly, but dat's not the only factor to consider. hehe kung mag iinvest ka nalang din, dun ka na sa mas mallit na fees.. Cheers!
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: vhinsent08 on Dec 18, 2012, 06:58 PM
Laki ng difference ng sales load nila. 2%.. ung un big turn off sa Philequity. And dat's a BIG difference if you take compounding into consideration. And ung exit fee nila, malaki din ung difference. lets say you invest P50,000 a year and 2% of dat is P1,000. Sa unang tingin maliit lang difference, pero if yearly or monthly ka nag iinvest and long term ang approach, balang araw baka makabili ka pa ng sasakyan sa difference ng fees. Yeah, both funds perform strongly, but dat's not the only factor to consider. hehe kung mag iinvest ka nalang din, dun ka na sa mas mallit na fees.. Cheers!
   AND THAT WOULD BE ??????
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: mey28 on Dec 18, 2012, 08:04 PM
^If i'm not mistaken, ung minimum amount to invest must also be considered. Philequity PSE Index, I think the min is 200k and 50k subsequent as compared to SALEF, 10k lang and 1k lang pag mag additional ka. You can use cost averaging to the fullest. Cost averaging i think is the most efficient way to grow your investment in MF. Nagstart kasi ako siguro 3k monthly sa SALEF and collectively in 3 years, naka 6 digit na ung amount ng total value ng investment ko with them. hehe not bad. Do you think magagawa ko yun sa Philequity PSE Index?
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: algarcia on Dec 20, 2012, 06:50 PM
tanong lang, kung pupuwede ka bang mag-apply ng FAMI kung nasa labas ka ng pinas sa kasalukuyan?
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: harimon21 on Dec 20, 2012, 09:25 PM
Quote
tanong lang, kung pupuwede ka bang mag-apply ng FAMI kung nasa labas ka ng pinas sa kasalukuyan?

Pwede. Marami OFWs may investment sa FAMI, just like me.  :rakenrol:
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: vhinsent08 on Dec 20, 2012, 09:31 PM
tanong lang, kung pupuwede ka bang mag-apply ng FAMI kung nasa labas ka ng pinas sa kasalukuyan?

oo naman!!! fill up mulang yung mga forms at handa ka id's send mo sakanila  back read ka sa thread ng FAMI
Title: Re: Philequity PSE Index Fund Inc or FAMI Save and Learn Equity Fund
Post by: personalfinanceapprentice on Dec 23, 2012, 01:04 AM
Laki ng difference ng sales load nila. 2%.. ung un big turn off sa Philequity. And dat's a BIG difference if you take compounding into consideration. And ung exit fee nila, malaki din ung difference. lets say you invest P50,000 a year and 2% of dat is P1,000. Sa unang tingin maliit lang difference, pero if yearly or monthly ka nag iinvest and long term ang approach, balang araw baka makabili ka pa ng sasakyan sa difference ng fees. Yeah, both funds perform strongly, but dat's not the only factor to consider. hehe kung mag iinvest ka nalang din, dun ka na sa mas mallit na fees.. Cheers!

Yeah, I agree. Fees can be a big factor over the long term.

if index funds are really the target, BPI's Phil. Stock Index fund is more affordable (10K initial investment, plus 1.5% management fees per annum compared to something like 200K and 2% sales load or some other fees).

If an equity fund is all that's needed, consider also BDO's equity fund. I've heard good feedback about the performance. and uitfs generally have lower fees than mutual funds.

Also, PhilEquity might have the top1 or top2 performing fund (and a whole host of awards, based on what I've seen on their website), but if you factor in the fees they charge, they might not be the ones who will give you the better overall return on your money. Just try out the math.