Mutual Fund Investing in the Philippines - Rampver Financials (2024)

FAQs

What is the best performing mutual fund in the Philippines? ›

As of February 2024, the Sun Life Prosperity Philippine Equity Fund, Inc. was the leading mutual fund company in the Philippines, with a year-to-date (YTD) growth rate of about 4.42 percent. First Metro Phil. Equity Exchange Traded Fund, Inc.

Rex Mendoza (Chairman of Rampver Financials), Dionill Jamil & Ramon Azcarraga (ATR Asset Management, Inc.)

Starting with 5,000 pesos, you can invest in a mutual fund that aligns with your financial goals and risk tolerance. The diversified nature of these funds helps mitigate risk, and their professional management can help you navigate the complexities of the financial markets.

In the Philippines, mutual funds can be categorized into four basic types: stock/equity, balanced, bond, and money market funds.

In 2024, banking giant Bank of the Philippine Islands (BPI) got the most awards, with three of its equity funds being recognized. In last year's ranking, BPI's Odyssey Diversified Balanced Fund was also recognized as one of the best managed funds in 2023.

Rex Maria A. Mendoza is a Philippine businessperson who has been at the head of 9 different companies. Presently, he occupies the position of Chairman, President & Chief Executive Officer of Rampver Financials & Insurance Agency, Inc. and President for Abrio Healthcare Solutions, Inc.

The FBN Money Market Fund is an investment product that diversifies your capital across various secure asset instruments such as Treasury Bills, Commercial Papers, Bankers Acceptances and Certificate of Deposits. It is well suited for and adaptable to any investor type.

A stock portfolio focused on dividends can generate $1,000 per month or more in perpetual passive income, Mircea Iosif wrote on Medium. “For example, at a 4% dividend yield, you would need a portfolio worth $300,000.

How much money do I need to invest to make $3,000 a month? ›

If the average dividend yield of your portfolio is 4%, you'd need a substantial investment to generate $3,000 per month. To be precise, you'd need an investment of $900,000. This is calculated as follows: $3,000 X 12 months = $36,000 per year.

Benefit #10: Tax-Exempt

Lastly, investing in mutual funds can have tax benefits in the Philippines. Gains realized by investors upon redemption of their mutual fund shares have been excluded from the definition of gross income since January 1, 1998. Therefore, these gains are not subject to personal income tax.

The BPI Invest Philippine High Dividend Equity Fund provides aggressive investors with total return through a combination of current income and long-term capital appreciation by investing in listed companies that have high dividend yields or have established a history of dividend payouts.

Which is the best type of mutual fund? The best mutual fund type depends on your financial goals and risk tolerance. Equity funds offer high returns but come with higher risk, while debt funds provide stability. Hybrid funds combine both.

PHILIPPINES: Best Asset Manager (Money Market Funds): BPI Asset Management and Trust Corp. Best Asset Manager (Fixed Income Funds): BDO Unibank, Inc., Best Overall Asset & Fund Manager: BPI Asset Management and Trust Corp.

As of February 2023, the LandBank bond fund of the LandBank of the Philippines was the best bond fund in the Philippines with approximately 2.78 percent ROI in one year. This was followed by the Manulife Asia Dynamic Bond Feeder Fund of Manulife Investment Management with an ROI of 1.76 percent in a year.