Today, we’ll just tackle about the letter sent by Mr. Robert Sanchez with his query about Mutual Fund Access. Thanks for bringing this up coz it will surely help other readers about this hindrance in investing.
I must say that I was in the same shoe as Mr. Robert Sanchez about 2 years ago. Having read about the idea and benefits of saving and investing in Mutual Fund, but found no venue to do the investing, it was really irritating knowing that you could’ve started earlier but no means of getting any help or sad to say, doesn’t really know where to get the necessary information.
So here goes the letter of Mr. Robert Sanchez.
good day!
im robert ranchez and i just want to inquire on how to obtain a mutual bond. i tried going to the websites of ayala corporation and philam but they do not post on how to avail their funds. their office is also situated at metro manila and i live in the province of ilocos sur. nearby provinces include la union, baguio and pangasinan. i tried going to a securities and exchange commission accredited agent but their office is always closed(located at baguio city). but when i checked their company, it is still active. anyways, i will try to go again to their office when i have a vacant time. also, about the gsis kinabukasan fund, can i inquire directly to gsis branch or thru SEC-accredited agents only? please help me. thanks.
sincerely yours,
robert
Sir Robert, thanks for having the much needed effort to actually go through the process of creating that email, coz most wouldn’t go thru the same process for an answer.
Let’s answer your email line by line.
i tried going to the websites of ayala corporation and philam but they do not post on how to avail their funds
Sad to say but I actually experience dilemma a lot of times. Having a website but do not have enough information nor contact numbers. Ayala Corporation, if my basis are correct doesn’t have Mutual Funds. What you can invest thru Ayala is Stocks. For Philam, you have to get in touch with PAMI – Philam Asset Management, Inc. coz they are the one handling the mutual fund. I’m not sure with their process though.
about the gsis kinabukasan fund, can i inquire directly to gsis branch or thru SEC-accredited agents only?
GSIS have GSIS Mutual Fund. Kabuhayan Fund is under MFCP. I’m not very sure if both is under GSIS coz they have different profile. From ICAP Website http://icap.com.ph, seems like GSIS Mutual Fund is being managed by PAMI – Philam Asset Management, Inc.
Since you are way up north, seems like that I cannot personally help you. You may also want to check on other Mutual Fund Companies like Sun Life Financial, Phil Equity or Optima Balanced Funds, they may have office near you. Other than mutual funds, you may also want to check Unit Investment Trust Fund – UITF. These works the same like mutual funds in context. But instead of mutual fund companies, commercial banks managed the funds. Some of the recommended UITF are of Metrobank, Banco De Oro and Bank of the Philippine Islands.
Hope that we have enlightened you in any way possible. Should you have other questions, please feel free to email us and we’ll try to answer to the best of our knowledge.