29/10/2023
Mga ka-Millennial OFWs! Alam nyo ba na For as low as 1,000 Php, you can start investing in mutual funds in the Philippines?! Yes you read it Right!
A mutual fund offers investors the opportunity to pool their money with other investors in an investment that’s managed by professional investment managers. Mutual funds invest in stocks, bonds or other securities according to each fund’s objective.
Mutual funds come in many varieties, designed to meet different investor goals. Most of mutual funds fall into one of four main asset classes:
✔ EQUITY FUNDS
✔ BALANCED FUNDS
✔ BOND FUNDS
✔ MONEY MARKET FUNDS
FOUR ADVANTAGES OF INVESTING IN MUTUAL FUNDS
1. Professional Management — A mutual fund offers investors access to full-time, professional money managers who have the expertise, experience and resources to actively buy, sell, and monitor investments.
2. Diversification — Buying shares in a mutual fund is an easy way to diversify your investments across many securities, which is just another way of saying that you won't have all your eggs in one basket. If one investment decreases in value, another investment in the portfolio may increase.
3. Affordability — For many people, it would be more costly to purchase directly all of the individual securities held by a single mutual fund. By contrast, the minimum initial investments for most mutual funds are more affordable.
4. Liquidity — Most mutual funds allow you to sell your fund shares on any day the stock markets are open, so you have easy access to your money. Of course the value of your shares, when redeemed, may be worth more or less than their original cost.
Join our online financial class message me for the details.