GSIS Kinabukasan Mutual Fund
In the field of investments as in many other areas, it is a fact that the greater the risk you are prepared to take, the greater your potential rewards.
However, not everyone is prepared to absorb the risks in placing hard-earned money in a single stock portfolio. Many people prefer a balanced approach - with a portion of their money being invested conservatively, while having another portion invested in equities to take advantage of the potentially higher growth rate of the stock market.
This type of diversification requires expertise, access to various types of investment instruments, and large capital resources. These are essentials that are not readily available to the ordinary investor, unless obtained through a professionally managed balanced fund.
Mutual Fund Concept
A mutual fund is an investment vehicle that pools the savings of many indipanviduals and institutional investors who share a common financial goal. These investors buy shares of a particular fund that has defined investment objectives and investment strategies.
The price of a mutual fund share is its net assets divided by the number of shares outstanding. This figure, computed and published daily, is the mutual fund’s Net Asset Value Per Share (NAVPS).
The GSIS Mutual Fund Advantage
Professional Management. The fund is being managed by Philam Asset Management, Inc. (PAMI). Through PAMI, you can avail of active professional management fom full-time investment experts, backed-up by a dedicated research team, focused on seizing market opportunities and the attainment of investment goals.
Diversification. Your investment represents an interest in various securities across a broad section of companies, industries, and jurisdictions. The type of diversification that you can attain through a mutual fund substatially reduces riks and is not commonly available to the ordinary investor.
Liquidity. Mutual fund investors can redeem all or part of their shares on any business day. Redemption proceeds will be available within seven (7) banking days. An investor’s redemption proceeds represents the investor’s share of the fund’s assets based on the prevailing NAVPS at the time of redemption.
Growth. In the long run, your fund’s performance will reflect the long-term movements of more specialized markets - stocks, money market, bonds and the like.
Safety. The mutual fund industry is highly regulated by the Securities and Exchange Commission. Furthermore, all securities owned by your mutual fund are deposited with a custodian bank in an account separate and distinct from the working accounts of the fund management company.
Service and Convenience. Mutual funds handle all documentation regading share ownership, advise you on tax and regulatory issues and provide you with simplified records. PAMI is founded on the philosophy that the money manager’s number one priority is to provide a distinct advantage to investors with varied investment objectives.
Fund Features
Launch date. July 1, 1998
Domicile. Republic of the Philippines
Currency. Philippine Peso
Fund Manager. Philam Asset Management, Inc.
Pricing. Determined at Net Asset Value Per Share (NAVPS) computed for the current banking day provided that investment is made on or before the cut-off time (12:00 noon). The next banking day’s NAVPS will apply for investments made after cut-off time.
Redemption. The price per share that will be applied to redemptions filed on or before the cut-off time (12:00 noon) on any banking day will be the NAVPS computed on the current banking day. On the other hand, redemptions filed after the cut-off time will be deemed received on the following day.