Mutual Fund Company Roundup 2

The next company in our roundup is Philam Asset Management Inc. They have a lot of mutual funds on offer so I'll just post details on a few of them. Please verify all information with an authorized representative before investing.

Philam Asset Management Inc.

Fund types offered:

Bond Fund

 

Balanced Fund

 

Equity Fund

 

GSIS Balanced Fund

 

Dollar Bond Fund

 

 

Minimum initial investment:

P5000 for Bond and GSIS funds

 

P10000 for Balanced and Equity funds

 

$2000 for Dollar Bond Fund

 

 

Minimum subsequent investment:

P1000 for Peso funds

 

$500 for Dollar Bond Fund

 

 

Sales load:

 

 

Investment Amount:

 

P5000 to P99,000

2% front-end load (plus VAT)

P100,000-P499,000

1.5% front-end load (plus VAT)

P500,000-P1,999,000

1% front-end load (plus VAT)

P2,000,000 and higher

0.5% front-end load (plus VAT)

 

Shares redeemed within six months of investment date

1% back-end load (plus VAT)

Shares redeemed later than six months after investment date

Zero back-end load

 

 

Annual Fee

1.5%

 

 

Website:

Philam Asset Management Inc.

E-mail:

pami.marketing@aia.com

Phone Number:

8177264

Mutual Fund Company Roundup 1: Sunlife and FAMI
Mutual Fund Company Roundup 3: Philequity
Mutual Fund Company Roundup 4: ATR KimEng