Mutual Fund is simply a mechanism of pooling together the investor’s money for collective investment with the objective of attractive yields and capital appreciation. The Mutual Fund has a fund manager who is responsible for investing the pooled money into specific securities (usually stocks or bonds).

For the average investor, mutual funds are a convenient and affordable way of gaining access to investments that would otherwise be available only to wealthy individuals or large institutions.  These investments are selected by experienced professionals who devote themselves to tracking the markets, analyzing investments and implementing an investment strategy which you may have no expertise or time to do. Aside from this, Investing in Mutual funds offers you:

• Diversification – Diversification reduces your risks by spreading out your money across many different types of investment. When one investment is down, another might be up.
• Professional Management – Mutual funds provide the benefit of having someone else manage your investment and diversify your pesos over many different stocks or bonds that may not be available or affordable to you.
• Low investment amount – To open an account you only need P5000.00 and P1000.00 for additional investment. It is low enough that even the smallest investor can get started in mutual funds.
• Liquidity – You can liquidate your investment anytime you want to.  However, since we do not guarantee the value of your investments, you will need to be aware of the value of your investment at the  time you wish to liquidate it in order to know whether the value increase or decreased.

No. There are no assured returns in mutual funds. Mutual funds qualify as securities and not deposits. Their values change frequently, but I will assure you that returns can be higher over a long period of time.  However, fund managers and the funds themselves operate under strict securities regulations.

As per SEC guidelines we cannot guarantee returns.  Like any other investments, mutual funds have certain amount of risks like; market volatility in case of investments in equities and interests changes in case of bond funds. But again, in the medium to long run there is always growth in Mutual Funds due to their wide and varied portfolio.

Yes. Investors have immediate access to their money by selling shares at the funds Net Asset Value or NAV, which is determined at the end of each trading day.

The Net Asset Value or NAV is its price per share.  Buying and selling mutual funds shares is done on the basis of NAV prices. If you see a fund NAV as P1. 00, then you can expect to buy the fund for P100 or sell it for P100. Since mutual funds hold a number of stocks, the NAV is calculated at the end of the day on a daily basis.

Yes. Our fees are so minimal that you wont even notice it. There is an entry fee of 2.0% of the NAV at the time of the purchase of shares, a redemption fee of 3.5% of the NAV if redeemed less than one year of purchase and a documentary stamp tax which is calculated at P1/P200 x no. of shares purchased.

You have to fill up an Account Opening Form, Order Form and Signature Card and submit a photocopy of your two (2) valid IDs.

Upon investment, you will receive the client’s copy of Order Form and a Provisional receipt.  Then you will receive the Official Receipt, Purchase Confirmation and the Depository Receipt.

The Original Depository Receipt and a duly signed Redemption Form (Order Form).

The Securities and Exchange Commission (SEC) regulates the mutual fund industry.

You do not necessarily have to monitor your investments or NAVs on a daily basis. But if you wish to have an update of your investment, you can visit us thru our website, www.cocolifefunds.com, or you can call us at 8-101-888. Our NAV and Past Performance are also published together with other Mutual Funds at Business World and Business Mirror.  You can also request for a quarterly statement.

We have three types of Funds namely: the United Fund Inc. which is an Equity Fund.  It is a diversified portfolio of Blue Chip and Growth Stocks in PSE and high fixed income instruments. The Cocolife Fixed Income Fund which is a bond fund.  It is a long-term debt instruments such as corporate bonds, government bonds and treasury notes, treasury bonds and agency bonds. The Cocolife Dollar Fund Builder which is Dollar Balanced Fund. It is a diversified portfolio of US Dollar denominated fixed-income and equity investments.

Remember that time and not timing is the key to successful mutual fund investing. As an investor, your concern should be to have as much time as possible to stay invested. Take the long-term view.

You should select investments based on your personal circumstances, goals and tolerance for risks. Choose the funds where you are comfortable with its investment style and objectives

Though you can invest one-time, investing regularly can be a great way to build up a significant lump sum. You will also benefit from what is known as cost averaging.