I received another invitation through email last March 20, 2015 and the subject:
"FREE MUTUAL FUND SEMINAR"
The schedule is perfectly suited for me since my overtime schedule is Monday-Wednesday-Friday, automatically I replied, Yes Mam Tina, I will definitely attend on that seminar.
And so I did, yesterday after my work I went directly to Rampver Head Office. And though we were only few who attended yesterday, still Sir Jason started with his presentation. We were given first some brochures & samplers first about Rampver, Soldivo & some list of the other mutual funds they offer.
I'm not going write here most of the topics that were presented there because I'd like to encourage everyone attend on that seminar and for more than an hour you will definitely learn the basics of mutual fund, how it works, its structure & its advantages. Hey it's free, there's nothing lose especially if you are in Makati area, just 1 1/2 hour to spend there and you will know more about investing.
Anyhow, I prefer to write some tips & topics that are new to my ear.
When the topic went to "Why invest now"
It's because Philippines has entered the "DEMOGRAPHIC WINDOW" already.
Sounds new to me, so I googled the definition to back up the information I had during the seminar.
"Demographic window is defined to be that period of time in a nation's demographic evolution when the proportion of population of working age group is particularly prominent. This occurs when the demographic architecture of a population becomes younger and the percentage of people able to work reaches its height."
In other words, "mas maraming populasyon ang nagtatrabaho at kumikitang tao ngayon".
Sir Jason explained " less than 15% of the population in the Philippines are 64 yrs old & above while 15 yrs old & younger falls below than 30% so the population of the working class are prominent today not only here in the Philippines but to all of the Filipinos around the world. Now I'm beginning to understand its correlation to the economy.
According to this post last 2012, demographic window is expected to begin in 2015 and last until 2050 & Philippines will be joining the strong Asia economies that had previously entered the demographic window. It said Japan, Hong Kong, Singapore, South Korea, China, and Thailand experienced growth rates following their entry into the window.
Tip # 1. So if you're planning to do business or you plan to invest "NOW" is the perfect time to start so we Filipinos can enjoy the "sweet spot" in the coming years.
Another topic that caught my attention was when Sir Jason gave some backgrounds about the 5 mutual they cater - FAMI, Philequity, Philam Asset, ATR Keming & Soldivo. Each has their own style of investing. Philequity has been consistent with their performance & Wilson Yu their fund manager is consider to be the Warren Buffet of the Philippines, ATR Keming is associated with Maybank which is a big bank industry in Malaysia, FAMI was established by FMIC, Philam Asset is wholly owned by Philam Life Insurance & Soldivo is an alliance of Rampver Financials & Philam Asset Mgt.
He then said that FAMI's been doing well on the first 5 years but if you have noticed their previous year's performance was a bit lackluster that's because their fund manager transferred to another mutual fund company. And now that they have a new fund manager I think FAMI will bounce back to its original performance.
Tip # 2. One of the key factor in choosing the right mutual fund company to invest in is their fund managers.
As he was explaining the different types of mutual funds - equity, balanced & bond fund, he mentioned something about bonds.
Tip # 3. Bonds will not be performing well in the next few years - so I think I'll redeeming some shares in my FAMI balanced fund & transfer it to my FAMI equity fund.
Tip # 4. Invest regularly but always have an extra saving that you can use for additional top up when the Nav per share is low.
And lastly, it is only last Thursday that I understand the rule in redeeming shares & exit fee policy - " The FIRST IN & FIRST OUT Policy is applied, so if you are investing monthly & if you want to redeem your shares, check the dates of your deposit, payment slips, & additional investment forms first to avoid the exit fee charge. "syunga ko no, ngayon ko lang nalaman,heheh" :)
That's all for now, If you see something wrong with my post today, please do correct me as I am still in the process of learning here.
God Bless everyone!
Happy Weekend!
Anyhow, I prefer to write some tips & topics that are new to my ear.
When the topic went to "Why invest now"
It's because Philippines has entered the "DEMOGRAPHIC WINDOW" already.
Sounds new to me, so I googled the definition to back up the information I had during the seminar.
"Demographic window is defined to be that period of time in a nation's demographic evolution when the proportion of population of working age group is particularly prominent. This occurs when the demographic architecture of a population becomes younger and the percentage of people able to work reaches its height."
In other words, "mas maraming populasyon ang nagtatrabaho at kumikitang tao ngayon".
Sir Jason explained " less than 15% of the population in the Philippines are 64 yrs old & above while 15 yrs old & younger falls below than 30% so the population of the working class are prominent today not only here in the Philippines but to all of the Filipinos around the world. Now I'm beginning to understand its correlation to the economy.
According to this post last 2012, demographic window is expected to begin in 2015 and last until 2050 & Philippines will be joining the strong Asia economies that had previously entered the demographic window. It said Japan, Hong Kong, Singapore, South Korea, China, and Thailand experienced growth rates following their entry into the window.
Tip # 1. So if you're planning to do business or you plan to invest "NOW" is the perfect time to start so we Filipinos can enjoy the "sweet spot" in the coming years.
Another topic that caught my attention was when Sir Jason gave some backgrounds about the 5 mutual they cater - FAMI, Philequity, Philam Asset, ATR Keming & Soldivo. Each has their own style of investing. Philequity has been consistent with their performance & Wilson Yu their fund manager is consider to be the Warren Buffet of the Philippines, ATR Keming is associated with Maybank which is a big bank industry in Malaysia, FAMI was established by FMIC, Philam Asset is wholly owned by Philam Life Insurance & Soldivo is an alliance of Rampver Financials & Philam Asset Mgt.
He then said that FAMI's been doing well on the first 5 years but if you have noticed their previous year's performance was a bit lackluster that's because their fund manager transferred to another mutual fund company. And now that they have a new fund manager I think FAMI will bounce back to its original performance.
Tip # 2. One of the key factor in choosing the right mutual fund company to invest in is their fund managers.
As he was explaining the different types of mutual funds - equity, balanced & bond fund, he mentioned something about bonds.
Tip # 3. Bonds will not be performing well in the next few years - so I think I'll redeeming some shares in my FAMI balanced fund & transfer it to my FAMI equity fund.
Tip # 4. Invest regularly but always have an extra saving that you can use for additional top up when the Nav per share is low.
And lastly, it is only last Thursday that I understand the rule in redeeming shares & exit fee policy - " The FIRST IN & FIRST OUT Policy is applied, so if you are investing monthly & if you want to redeem your shares, check the dates of your deposit, payment slips, & additional investment forms first to avoid the exit fee charge. "syunga ko no, ngayon ko lang nalaman,heheh" :)
That's all for now, If you see something wrong with my post today, please do correct me as I am still in the process of learning here.
God Bless everyone!
Happy Weekend!
Mahilig ka din pala sa financial seminars Ms. Grace!!! :) Tama yan, investing in financial knowledge is truly the best investment!
ReplyDeleteYes ms. izza nahihilig na ko ngayon sa mga seminars, basta tama sa schedule ko, kailangan talaga natin yan!
DeleteMs. Izza attend ka dun, mas lalawak ang knowledge mo sa mutual fund. And since magaling kang magsulat the more na mas maraming matutong Pilipino sa yo about mutual fund investing.
DeleteGood thing pala, naka-attend ka na ng seminar sa IMG, yan talaga sa tingin ko ang basic financial planning, dyan kasi ako unang umattend last year.