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Asked by: Kaye 469 views investing Investing
I am looking at FAMI’s First Metro Save and Learn Balanced Fund Inc. and Philam Fund Inc. Which is the better balanced fund for my retirement portfolio? I will be investing for my retirement for 30 years.
MFP on Feb 18, 2012
Hi Kaye! Those two are actually one of the top performing mutual funds in the Philippines today, either of the two, you can’t go wrong. One factor to consider is what would be the most convenient for you?
If you have the funds, minimum of P15,000, you may opt to open on both accounts, one for FAMI (5k), and another for PAMI (10k). After which, the minimum investment amounts only to 1k per fund.
We at Mutual Fund Philippines assist investors in their Mutual Fund investing activities. We assist them though the Investment Application process.
We also provide tools that help investors monitor their funds easily, since, as of this date, PAMI, FAMI, and PEMI, does not have such tools yet.
All of these have no extra burdens in your investments. Should you be interested in asking our assistance, you may email us at support@mutualfundphilippines.com or visit our client’s page at http://client.mutualfundphilippines.com
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Pinoy Leonardo on Feb 23, 2012
Follow up question on above. Assuming the 15k investment and 1k increment, how much will it turn out in 20 years?
futuretaipan on Feb 23, 2012
@kaye – I recommend FAMI rather than PAMI
@Pinoy Leonardo – You may try this calculator
http://www.trulyrichclub.com/retirementcalculator/
eagleeye on Apr 07, 2012
@futuretaipan, any particular reason why you prefer FAMI over PAMI?
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