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Thursday, December 23, 2010

A New Look For Philippine Money

Bangko Sentral ng Pilipinas (BSP) released a new set of bank notes with President Aquino's signature. The six denominations include P20, P50, P100, P200, P500 and P1,000 bills.


Here are some features of the new bank notes. 
Source: BSP website


The Php 20 bill contains the image of President Manuel L. Quezon.

The back has an image of Banaue Rice Terraces, a World Heritage Site by the United Nations. A palm civet is also featured that lives in the Cordilleras and famous for producing Coffee Alamid.

Sergio Osmena is the President featured in the new Php50 bill. 

It features the Taal lake in Batangas and the Giant Trevalli, locally know as Maliputo.

President Manuel Roxas is still the face of the new Php 100 bill.

 
Mayon Volcano in Albay is seen at the back with a "butanding" or whale shark.

 
President Diosdado Macapagal is the face of the new Php200 bill.

Chocolate hills in Bohol and the Philippine tarsier are seen at the back.

The Php 500 bill has the images of President Corazon Aquino and Senator Benigno Aquino Jr.

Another UNESCO World Heritage Site is found at the back - the Puerto Prinsesa Subterranean River National Park.  The Blue-naped parrot is also seen here.

Josefa Llanes Escoda, Vicente Lim and Jose Abad Santos are in the new Php1000 bill.

The Tubattaha Reef Marine Park in Sulu Sea is featured at the back and it is another UNESCO World Heritage Site. The Pinctada Maxima, the largest pearls in the world which is produced in the South Seas is also seen at the back with an Ikat-dyed abaca at the right side.

Wednesday, December 22, 2010

Stock Markets - A New Subject for HS Students

This is indeed a pleasant news for today. Department of Education approved stock market lessons for public and private high school students. 

The modules were designed to teach basics of stocks exchange and capital markets, and to promote financial literacy and investment consciousness among the youth. It is likely to be included in Technology and Livelihood Education or Makabayan subjects for first to fourth year.
  
Students will also be taught basic concepts of investing, including the benefits, risks and rewards of investing in the stock market and capital market, as well as the objectives of the PSE as regulator of the country’s stock market.
  
As stated in the DepEd website, the lessons will be integrated in Economics, 
which is part of the fourth year curriculum of high school students in the beginning of academic year 2009-2010. Source: Yahoo News and Sun.Star



I personally think this is beneficial for both students and the Philippine economy since financial literacy is starting to be taught among the youth.

Like what I say in my previous posts, financial education is important in order to build one's wealth.  

These students are very lucky to have been given the opportunity to learn at a young age so don't be surprised if you meet teenagers who are already stock market investors.

The future of the Philippine Stock Market looks very bright with this new development.  So cheers to DepEd and PSE! :)

Sun Life Asset Management Company Inc. (SLAMC)

 

Sun Life Financial in the Philippines offers a wide spectrum of products that include Life Insurance, Accidental Insurance, Pension Plans, Education Plans and Mutual Funds.

Sun Life Financial Philippines is represented in the country by its life insurance arm, Sun Life of Canada (Philippines), Inc. (SLOCPI); its mutual fund manager, Sun Life Asset Management Company Inc. (SLAMC); and its pre-need business distributor, Sun Life Financial Plans Inc (SLFPI).

SLAMC is the fund manager and principal distributor of the biggest family of mutual funds in the country – the Sun Life Prosperity Funds. The company is the first in the industry to have an accounting system that adequately complied with the standards set by the International Accounting Standards (IAS). SLAMC benefits greatly from the expertise of its mother company’s close association with MFS Investment Management – the inventor of mutual funds in the U.S.

Here are Sunlife’s Mutual Fund Products:


The Sun Life Prosperity Bond Fund is designed to provide regular interest income and preservation of capital through investments in government and high-quality corporate debt securities that together represent below average risk.

Once you have decided how much you want to place in the Fund, you will be given three purchase options:

Option A (front-end sales load) requires that you pay the sales charge upon investing. 

Option B (back-end sales load), on the other hand, requires that you pay a sales charge only if you redeem (sell your shares to the fund) within five years, with the charges on a decreasing rate per year, reaching zero after the fifth year.

The third sales load option (Option C) is called the front-end load with redemption fee. Purchasing shares under this option means paying a lower sales charge upon entry (compared to Option A), and a lower sales charge upon redemption (compared to Option B). The sales charge upon redemption will only be paid if you redeem in less than 2 years. The minimum initial investment for this option, however, is pegged at Php 1,000,000.

All of these options also allow you to transfer between selected peso-denominated funds as much as four times a calendar year, free of charge.

To learn more about the Sun Life Prosperity Funds, please get in touch with us through telephone number (632) 849-9888 or email: phil_prosperity@sunlife.com

Balanced Fund 

The Sun Life Prosperity Balanced Fund is designed to provide total returns consisting of current income and capital growth through investment in a diversified portfolio of debt (bonds) and equity (stocks) securities from both domestic and foreign issuers.

To learn more about the Sun Life Prosperity Funds, please get in touch with us through telephone number (632) 849-9888 or email: phil_prosperity@sunlife.com 


The Sun Life Prosperity Philippine Equity Fund is designed to generate long-term capital appreciation through investments mainly in high-quality listed Philippine equity securities, diversified across sectors and issue sizes to reduce portfolio volatility. The term "equity securities" include common stock, preferred stock and securities convertible into, or exchangeable for, such equity securities. The fund may also invest in fixed-income securities issued by government and prime corporations such as, but not limited to, commercial papers, notes, bonds, and non-convertible preferred shares.

To learn more about the Sun Life Prosperity Funds, please get in touch with us through telephone number (632) 849-9888 or email: phil_prosperity@sunlife.com


Money market funds are comparatively low risk mainly because of the securities in their portfolio. These types of funds only invest in securities that are “short-term,” meaning those with a term of one year or less. As a general rule, short-term securities are less riskier than longer-tenor securities.

The Prosperity Money Market Fund is the first absolutely no load fund in the Philippines. There are no fees to pay upon investing. This means that your Php 10,000 initial placement is invested wholly into the fund, thereby maximizing its earning potential. Subsequent investments can also be made for as low as Php 5,000.
 
In addition, the Prosperity Money Market Fund provides immediately access to your investments after seven (7) calendar days. This means you can withdraw your investments after seven (7) days without incurring any exit fees. Other mutual funds may not have any initial sales loads when you invest, but will require you to have at least a two year holding period otherwise your redemption shall be subjected to exit fee. But with the Prosperity Money Market Fund, you do not have to worry this.

Unlike bank products that provide tax breaks on your interest earnings only when you stay with them until your money “matures”, your mutual fund proceeds are not subject to the usual 20% withholding tax.

This tax-free feature of Philippine mutual funds, combined with the liquidity, zero load, and no holding period attributes of the Prosperity Money Market Fund, make it a good alternative to time deposits. That dilemma of not being able to pull out your money because you’ll be “taxed” is no longer a problem with this Fund.

GS Fund

The Sun Life Prosperity GS Fund invests purely in securities of the Republic of the Philippines. These include all domestic fixed-income instruments issued directly by the Philippine government. As such, payment of proceeds to the Fund is backed by a sovereign guarantee.

Just how safe are government securities? Consider this fact: for the protection of the investors, all Philippine registered mutual funds are mandated by the Securities and Exchange Commission to comply with some regulatory restrictions. One of these is that no locally registered mutual funds can invest more than 10% of its total assets in the securities of any one issuer. The only exception to this rule? Investments in government securities can be virtually limitless, because these are considered as investments guaranteed by the government.

The minimum initial investment for the Fund is Php 10,000 for Options
A & B, and Php 1,000,000 for Option C. Subsequent investments may also be made for Php 5,000. The Fund has three purchase options:

Option A (front-end sales load) requires that you pay the sales charge upon investing. 

Option B (back-end sales load), on the other hand, requires that you pay a sales charge only if you redeem (sell your shares to the fund) within five years, with the charges on a decreasing rate per year, reaching zero after the fifth year.

Option C is also available for the Sun Life Prosperity GS Fund. Purchasing shares with this sales load means paying a lower sales charge upon entry (compared to Option A), and a lower sales charge upon redemption (compared to Option B). The sales charge upon redemption will only be applicable if you redeem in less than 2 years.

Dollar Advantage Fund

Sun Life Prosperity Dollar Advantage Fund may be invested in foreign-exchange denominated securities issued abroad. This means that with just one fund, you have the opportunity to access a broader range of securities markets in your investment portfolio, benefiting from higher-growth economies and increasing your potential overall return.

If the investment managers take advantage of the option to invest abroad, the Fund may achieve a level of diversification that is more varied than if it were just to invest locally. Through diversification, foreign exposure can actually reduce risk and provide greater stability in your portfolio. Investing this way reduces the effect of a downturn in any single country. For this reason, diversification works best among economies that move in different economic cycles - while one market may be depressed, others may be booming.

To learn more about the Sun Life Prosperity Funds, please get in touch with us through telephone number (632) 849-9888 or email: phil_prosperity@sunlife.com

Dollar Abundance Fund

If you are primarily a conservative investor who prefers investing in foreign exchange denominated investments, then the Sun Life Prosperity Dollar Abundance Fund is for you. Though the Fund is designed to invest in bonds primarily denominated in US Dollars, it may also invest in fixed-income instruments denominated in other leading foreign currencies. These include securities issued by governments and corporations in the Republic of the Philippines, the United States, or other major world economies such as the Euro zone, Japan, Canada, United Kingdom, and Switzerland.

Just like the Sun Life Prosperity Dollar Advantage Fund, the Sun Life Prosperity Dollar Abundance Fund gives its investors the opportunity to earn in US Dollars as well as the chance to invest in offshore securities. The Philippine government currently allows local mutual funds to invest in securities issued abroad. This means that our Fund Managers can take advantage of investment opportunities overseas if market conditions allow.

So what, you may ask, is the difference between the Prosperity Dollar Advantage Fund and the Prosperity Dollar Abundance Fund? Simply put, the Prosperity Dollar Advantage Fund is a balanced fund that invests in both bonds and stocks, while the Prosperity Dollar Abundance Fund is a purely bond fund.

This makes it a more suitable fund for those who prefer the fixed-income earnings of bond instruments and don’t like the potential volatility of equity investments. If you are new to the world of investing and are not sure what fund you should invest in, take our Investor Profile Questionnaire quiz and let your Sun Life Mutual Fund Representative guide you in your choice of fund.

Investing with the Sun Life Prosperity Funds gives you affordable access to high caliber investment management that is usually reserved only for corporations, institutions, and the very wealthy. Successful investing takes knowledge and careful research, qualities that the Sun Life Financial investment management team possess in abundance.

The minimum initial investment for the Fund is US$ 2,000. Subsequent investments may also be made for US$ 500. The Fund has three purchase options:

Option A (front-end sales load) requires that you pay the sales charge upon investing. 

Option B (back-end sales load), on the other hand, requires that you pay a sales charge only if you redeem (sell your shares to the fund) within five years, with the charges on a decreasing rate per year, reaching zero after the fifth year.

A third option, Option C, is available for the Sun Life Prosperity Dollar Abundance Fund. Purchasing shares with this sales load means paying a lower sales charge upon entry (compared to Option A), and a lower sales charge upon redemption (compared to Option B). The sales charge upon redemption will only be applicable if you redeem in less than 2 years.

To learn more about the Sun Life Prosperity Funds, please get in touch with us through telephone number (632) 849-9888 or email: phil_prosperity@sunlife.com


Website:

Sunday, December 12, 2010

December 2010 - February 2011 Colayco Seminars

Call 637-3731, 635-3247, 637-3741 or 577-9540 to avail of early bird and group discounts and to reserve your slot!
Payments may be made in advance.  

INVESTablity: The Stock Market

December 09, 2010 Thursday 9:00AM-12:00NN
Venue: Boardroom, 3/F Philippine Stock Exchange , Tower 1, Ayala Triangle, Ayala Ave. Makati City
Regular Learning Fee: Php2000

Click Here to Register Online
Call (02) 637-3731, 635-3247, 637-3741 or 577-9540 to avail of early bird and group discounts and to reserve your slot!
For payment options click here.
Who: Ideal for those who are considering stock investing and would like an unbiased view of the pros and cons of stock investing in lay-mans terms.

Why: Stock investing is complicated but it is also a viable instrument for growing your wealth. This seminar will equip you with the tools you need for purpose driven investing. It will also introduce the what, why and how of investing in the stock market.

INVESTability: Mutual Funds

December 18, 2010 Saturday 2:00-5:00PM
Postponed to December 18, 2010, Saturday 9:00am-12:00nn
Venue:  Social Hall, 7th Floor, Citystate Center Condominium, 709 Shaw Blvd., Pasig City
Regular Learning Fee: Php2000

Click Here to Register Online
Call 637-3731, 635-3247, 637-3741 or 577-9540 to avail of early bird and group discounts and to reserve your slot!
For payment options click here.
Who: Ideal for those who are considering investing in mutual funds and would like an unbiased view of the pros and cons of investing in mutual funds in lay-mans terms.

Why: Mutual Funds are considered the greatest democratizer of investment instruments. You can start investing for Php5000. But since it is not common knowledge, many people are skeptical.

Pera Mo, Palaguin Mo Workshop

December 28, 2010, 1:00-5:00PM
Venue:  Social Hall, 7th Floor, Citystate Center Condominium, 709 Shaw Blvd., Pasig City
Regular Learning Fee: Php2000

Click Here to Register Online
Call 637-3731, 635-3247, 637-3741 or 577-9540 to avail of early bird and group discounts and to reserve your slot!
For payment options click here.
Who: Ideal for those who are serious about taking control of their personal lives by preparing their own financial plan to be wealthy.

Why: This workshop will equip you with the the skills to make your own Financial Plan to be Wealthy. It will also equip you with the right Investing Mindset. Armed with these, you will be on your way to financial independence.

PISObilities: Wealth Within Your Reach

NOTE: POSTPONED – first quarter of 2011
1 Saturday of February
Venue: Chowking, One Mango Ave., Cebu
Regular Learning Fee: Php2000

Click Here to Request for Information when details have been finalized

SMS: 09178632126 or 09178626028 or 09178537333 or email joni@colaycofoundation.com or eric@colaycofoundation.com or info@colaycofoundation.com to avail of early bird and group discounts and to reserve your slot!
For payment options click here.
Who: Ideal for individuals who would like to take control of their finances. Because money management is a family affair, the seminar is also ideal for couples.

Why: This seminar will equip you with the basics of proper money management – spending, savings, planning and investing. It will help you make sense of their financial goals in life and introduce instruments, which will help you achieve it.

Call 637-3731, 635-3247, 637-3741 or 577-9540 to avail of early bird and group discounts and to reserve your slot!

*Schedules and venues are subject to change without prior notice. Those who have pre-registered will be contacted should any changes be effected.
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Friday, December 10, 2010

The Millionaire Next Door

I enjoyed reading The Millionaire Next Door by Thomas Stanley and William Danko.  The authors studied the lives of wealthy Americans almost scientifically.



My “brief” review won’t do justice to the book.  I just featured it in my blog because it motivated me to my goal of becoming rich someday.

While reading the book, you would be surprised that wealthy Americans don't live in posh neighborhoods or drive luxury cars.  They don't even wear the most expensive suits or take extravagant vacations.

Surprised yet?  Being wealthy in America doesn’t necessarily mean having a high annual income.  In fact, not all  high-income producing individuals such as physicians,  lawyers belong to this elite group.

Stanley and Danko identified seven common denominators of real millionaires:
  • They live well below their means.
  • They pursue wealth very efficiently.
  • They have little interest in social status.
  • They got no financial help from their parents.
  • Their adult children pay their own way.
  • They identify profitable markets.
  • They choose occupations wisely.
The book opened the possibility that anyone can become wealthy in spite of having low or middle-income.  Don’t fret if you don’t belong to the high-income bracket yet because in most cases, high income translates to high consumption and upgraded lifestyle.   

The book also made me realize that time is our ally.  The earlier we start the richer we become. 




You may buy the book online at Amazon.  Click LINK now!
  

Wednesday, December 8, 2010

The BDO Easy Investment Plan (EIP)

I was looking at the website of BDO to check on the Net Asset Value (NAV) when I saw this:



Correct me if I'm wrong but is BDO the first bank to introduce this new scheme for UITFs?  Please enlighten me.

Before I expound on BDO's Easy Investment Plan (EIP), I would like to refresh you on UITFs.

UITF or Unit Investment Trust Fund is actually an improved version of the existing Common Trust Fund (CTF) which is a collective investment scheme similar to a mutual fund that pools the investments of small investors into a larger fund under professional management that is able to access more superior investment opportunities that are not normally available to individual retail players. The investors share in the gains and losses after expenses of the fund, proportionate to their respective participations in the pool. 

Most banks offer UITF products.  Personally, I invest in BDO Bond Funds for my short-term fund since this is a safer investment among UITFs.  

Going back to BDO's EIP, this is indeed good news to all investors and depositors.  With just a small amount of investment, your money can grow and earn higher interests if done regularly over a period of time. 
Under this arrangement, an investor enrolls his savings or payroll account in a BDO automatic debit facility wherein a fixed amount/s (with a minimum of Php1,000.00) per month is/are deducted for the purpose of immediately investing in selected BDO UITFs.

Advantages of the EIP:

  • The power of “compound interest” which refers to interest earned on principal plus interest that was earned earlier.  
    To reiterate, the great Albert Einstein said that compound interest is "the greatest mathematical discovery of all time and the most powerful force in the universe."

  • Your regular, fixed amounts will build your portfolio in the long term, effectively averaging costs over time.  This is called "cost averaging."  This simply means that you need not monitor market conditions.  Just continue to invest regularly whether the market is up or down.

Here’s how to join the EIP, in just three easy steps as stated in BDO's website:

1. Fill out the EIP Application Form and enroll your BDO Savings/Checking Account in the EIP at any BDO branch.

2. Decide on the following details of your contribution:
     • Amount: Minimum of Php1,000.00 per contribution
     • Frequency and schedule: Once a month (5th, 10th, 15th, 20th, 25th or the 30th) or Twice a month (every 5th & 20th, 10th and 25th, or 15th & 30th)

3. Choose what type of UITF is best for you: BDO Fixed Income Fund, BDO Peso Balanced Fund or the BDO Equity Fund

Rush to your nearest BDO branch today!

For inquiries, please call Trust and Investments Group at 840-7000 locals 4265, 4244, 4255 and 7032 or send an e-mail to trustandinvestmentsgroup@bdo.com.ph. 

The Ultimate Book Of Inspiration (And Wealth)




Books are one of life’s greatest gifts to mankind.  Reading a good book transports you to another world and stimulates your imagination.  Some even move you to a call to action (like what happened to me).

I like reading books that inspire the way I live my life.  And I recently discovered the ultimate book of inspiration which draws waves upon waves of inspiration and love.

Truly, the Bible is “THE BOOK.” 

I studied in a Catholic school during grade school and high school and they always encouraged us to read the Bible but sadly, I never practiced this.  And now, I look forward to reading it. 

The Bible is truly, truly amazing!  I finished reading the New Testament and currently reading the book of Judges in the Old Testament. 

I want to continually read the Bible so it becomes a habit and read as many versions so the inspiration never ends. 

I know I’m off-topic. This was supposed to be my intro on  the book, The Millionaire Next Door.  I hope you don’t mind that I digressed…

Now back to regular programming.


Monday, December 6, 2010

ALFM Family Of Funds


 Here are the BPI-Managed Mutual Funds:

ALFM Peso Bond Fund
ALFM Dollar Bond Fund
ALFM Euro Bond Fund
ALFM Growth Fund
Philippine Stock Index Fund
ALFM Money Market Fund
Ekklesia Mutual Fund 



Investment Objective

To generate a steady stream of income through investing in a diversified portfolio of high-grade peso-denominated fixed income instruments.
Launch Date
July 18, 1997
Fund Type
Medium Term Bond Fund
Base Currency
Philippine Peso
Minimum Initial Investment
Php 50,000.00
Minimum Transaction
Php 10,000.00
Minimum Holding Period
180 days
Initial Sales Charge
Waived
Early Redemption Fee
1.00%
Management Fee
1.50% per annum
Fund Manager
Bank of The Philippine Islands
Risk Disclosure
The Fund is suitable for investors who take medium- to long-term views. The Fund’s yield, net asset value, and total return may fall as well as rise as a result of interest rate movements and the changes in credit quality of the investments. On redemption of shares, an investor may receive an amount less than the original amount of the investment.




Investment Objective

To generate a steady stream of income by investing in a diversified portfolio of fixed income instruments issued by foreign and local entities.
Launch Date
February 5, 2002
Fund Type
Medium Term Bond Fund
Base Currency
US Dollar
Minimum Initial Investment
USD 1,000
Minimum Transaction
USD 200
Minimum Holding Period
180 days
Initial Sales Charge
Waived
Early Redemption Fee
1.00%
Management Fee
1.25% per annum
Fund Manager
BPI Investment Management, Inc.
Risk Disclosure
The Fund is suitable for investors who take medium- to long-term views. The Fund's yield, net asset value and total return may fall as well as rise as a result of interest rate and currency movements and the changes in the credit quality of the investments. On redemption of shares, an investor may receive an amount less than the original amount of the investment. Liquidity risk also need to be taken into account.




Investment Objective

To generate a steady stream of income by investing in a diversified portfolio of fixed income instruments issued by foreign and local entities.
Launch Date
January 19, 2006
Fund Type
Medium Term Bond Fund
Base Currency
Euro
Minimum Initial Investment
EUR 1,000
Minimum Transaction
EUR 200
Minimum Holding Period
180 days
Initial Sales Charge
Waived
Early Redemption Fee
1.00%
Management Fee
0.50% per annum
Fund Manager
BPI Investment Management, Inc.
Risk Disclosure
The Fund is suitable for investors who take medium- to long-term views. The Fund's yield, net asset value and total return may fall as well as rise as a result of interest rate and currency movements and the changes in the credit quality of the investments. On redemption of shares, an investor may receive an amount less than the original
amount of the investment.




Investment Objective

To achieve investment returns from a diversified portfolio of equities and fixed income instruments.
Launch Date
November 27, 2007
Fund Type
Long Term
Base Currency
Philippine Peso
Minimum Initial Investment
Php 50,000.00
Minimum Transaction
Php 10,000.00
Minimum Holding Period
180 days
Initial Sales Charge
Waived
Early Redemption Fee
1.00%
Management Fee
1.50% per annum
Fund Manager
Bank of the Philippine Islands
Risk Disclosure
The Fund is suitable for investors who take medium to long-term views. As a marked-to market Mutual Fund, the Fund’s net asset value, and total return may fall as well as rise as a result of stock prices and interest rates movements. On redemption of shares, an investor may receive an amount less than the original amount of investment.





Investment Objective

To achieve investment returns that track the performance of the Philippine Stock Exchange Composite Index (PSEi).
Launch Date
March 14, 2003
Fund Type
Index Tracker Equity Fund
Base Currency
Philippine Peso
Minimum Initial Investment
Php 50,000.00
Minimum Transaction
Php 10,000.00
Minimum Holding Period
180 days
Initial Sales Charge
Waived
Early Redemption Fee
1.00%
Management Fee
1.50% per annum
Fund Manager
Bank of the Philippine Islands
Risk Disclosure
The Fund is suitable for investors who take short- to medium-term views. The Fund’s yield, net asset
value, and total return may fall as well as rise as a result of interest rate movements and the changes in credit quality of the investments. On redemption of shares, an investor may receive an amount less than the original amount of the investment.




Investment Objective

To seek capital preservation and stable income from a diversified portfolio of short-term bonds and money market investments.
Launch Date
March 1, 2010
Fund Type
Money Market Fund
Base Currency
Philippine Peso
Minimum Initial Investment
Php 50,000.00
Minimum Transaction
Php 10,000.00
Minimum Holding Period
30 days
Initial Sales Charge
Waived
Early Redemption Fee
1.00%
Management Fee
0.75% per annum
Fund Manager
BPI Investment Management, Inc.
Risk Disclosure
The Fund is suitable for investors who take medium to long-term views. The Fund’s net asset value, and total return may fall as well as rise as a result of stock price movements. On redemption of shares, an investor may receive an amount less than the original amount of investment.



Investment Objective

To achieve growth through income derived from medium to long-term fixed income instruments denominated in Philippine Peso or major foreign currencies.
Launch Date
August 2, 2004
Fund Type
Medium- to Long-Term Bond Fund
Base Currency
Philippine Peso
Minimum Initial Investment
Php 5,000.00
Minimum Transaction
Php 1,000.00
Minimum Holding Period
30 days
Initial Sales Charge
Waived
Early Redemption Fee
1.00%
Management Fee
1.75% per annum
Fund Manager
BPI Investment Management, Inc.
Risk Disclosure
The Fund is suitable for investors who take medium- to long-term views. The Fund’s yield, net asset value and total return may fall as well as rise as a result of interest rate movements and the changes in credit quality of the investments. On redemption of shares, an investor may receive an amount less than the original amount of the investment.


You may also visit BPI's website for economic updates, stock market news, and global news that will serve as guide to your investment products.



http://www.bpiexpressonline.com



When I invested in ALFM Growth Fund last year, there is  a website exclusively for ALFM Mutual Funds (www.alfm.com.ph) but it is already inactive as of now.

You may also inquire in any BPI branch.  This was how I learned about BPI’s various mutual funds.