Are you finally ready to take charge of your financial future?
Maybe you wish to setup a Retirement Fund knowing that time will come when you finally want to take a rest from your hectic career or from the daily grind of business.
Maybe you want to build up a College Education Fund for your children. Kids are growing up so fast. They will all be going to college sooner than you might think. Are you prepared to send them to school and help them fullfil their dreams?
Or maybe you just want to see your money grow for the sheer fun — and profit — of doing it.
A Comfortable Retirement doesn’t just happen by chance. You have to decidedly prepare for it.
Setting up a College Fund for each of your children is something every responsible parent should do.
In any case, the earlier you start investing, the more confident you become in realizing your dreams. That is, the younger you start investing, the less time you’re going to spend worrying about your future financial standing.
But how do you do it?
Answer: Invest in a Mutual Fund.
“Mutual funds were created to make investing easy, so consumers wouldn’t have to be burdened with picking individual stocks.”
Video: Overview of FAMI and Basics of Mutual Funds
The video above gives you a quick overview of FAMI and its brief history. Plus, you’ll also get some quick ideas about the basics of Mutual Funds.
So please take time to watch carefully.
Start Your Investment Journey With FAMI Mutual Funds
FAMI is an acronym which stands for First Metro Asset Management Incorporated. It is an investment company that belongs to the Metrobank Group.
FAMI carries seven (7) mutual funds and one (1) Exchange-Traded Fund, but here we’ll focus on the 3 most popular, most affordable, and their best performing funds, namely:
So whether your risk appetite is aggressive, conservative or moderate, as long as you have a long term time horizon, there is a FAMI Mutual Fund that helps you reach your financial goals.
Only P 5,000 Investment To Get Started
The Good News: Investing in any of the mutual funds listed above is very affordable.
- Minimum initial investment is only P 5,000.00.
- Minimum additional investment is only P 1,000.00.
Of course, if you want to invest more, you can do it. There’s no limit to how much you can invest. Afterall, it’s your own money. It’s your own financial goal you are trying to reach.
Important Note: The additional investment is optional. There is no penalty if you cannot do additional investments. And there is no such thing as a dormant (meaning no investment activity) account.
Client Testimonial : Romeo L., Seaman Officer (Long Time Client)
FAMI Mutual Fund Investment Simulator
Never under estimate the power of small investments. Below is a simulation of how an initial investment of P 5,000 and then monthly investment of P 1,000 grows over the span of 30 years when invested in each of the First Metro Mutual Funds mentioned above.
As you can see, P 1,000 religiously invested on a monthly basis could potentially become:
- P 290 k in 10 years
- P 1.5 M in 20 years
- P 7.0 M in 30 years
Can you imagine if you invest more, say P 10k instead of just P 1k per month? Well, using mental calculations and to be very conservative with it, P 10 k per month invested in the Save and Learn Equity Fund could provide you the following approximate total returns:
- P 984 k in 5 years
- P 2.9 M in 10 years
- P 6.9 M in 15 years
- P 15.3 M in 20 years
That’s a P 15-million asset for an investment of 10k per month, done in 20 years! And your total investment? Only roughly P 2.4 million!
Mind you, that’s just like paying for your house for 20 years without the hassle of spending a single centavo for the maintenance works!
Most Filipinos think that investing in Mutual Funds is very complicated and is only for the rich.
While rich people may have first-hand experience of the power of investing in mutual funds — and most of the time they just keep it to themselves — this is certainly available to anyone who cares to participate.
Successful investing consists of three keys:
- Time — The earlier you do it, the better.
- Patience — Think long-term gain.
- Getting Started — Just do it!
Most Filipinos have the hardest time doing the last item — getting started.
“Most of their wealth came from investments that were purchased for less than $1,000.”
–Ric Edelman, From the book, “Ordinary People, Extaordinary Wealth”
Investing With FAMI Is Easy and Painless
FAMI is backed by the reputation of the Metrobank Group of Companies.
That’s a great advantage if you are looking for a reliable company that is a known leader in the Financial Services Industry in the Philippines.
Investing with FAMI is also very easy and convenient. You can do your investments both online (via MetrobankDirect) or offline (by going to any Metrobank branch).
You don’t even have to be physically present in the Philippines to do it. Most of our clients are based overseas like the OFWs and migrant Filipinos, and some are in living in many provinces all around the Philippines.
In these times where Internet Access is ubiquitous, distance and place is not a hindrance anymore to investing.
FAMI Mutual Fund Inquiry Form
3 Easy Steps to Start Investing in First Metro Mutual Fund
The following steps describe how to actually start investing in any of FAMI’s Mutual Funds.
Step 1 : Download the FAMI Account Opening Form (AOF). You need to fill this form out and comply the requirements. I am going to send you this form as well as explain how to fill it out properly.
Note: Investing in a Mutual Fund is covered by the Anti-Money Laundering Law of the Philippines, so as investor you need to disclose some personal information.
Step 2 : Submit via email or FAX the filled-out Account Opening Form and other necessary documents. I will be the one to review the submitted forms and documents.
Note: Most clients are making a lot of mistakes when filling out the form.
Step 3 : Investor’s Profile Encoding. If everything is okay, the forms and your documents will be forwarded to the Encoding Department for proper documents filing.
After a few days you will receive your FAMI Account Number via email and / or SMS if you are in the Philippines.
That’s it, just three easy steps!
Remember This: We don’t collect any money from investors.
In other words, we will never touch your money. You are always in control of the entire process.
That’s very safe, right?
You will place your investment in two ways:
- By going to any Metrobank Branch and using the Payment Slip.
- Or, online by logging in to your MetrobankDirect Account, which is more convenient.
Placing your investment with FAMI is like paying a utility bill with the fund of your choice as the biller.
Each Mutual Fund has a Biller’s Code and that’s why you need to coordinate properly with me as your Mutual Fund Advisor to avoid making mistakes.
In any case, I am here to guide you every step of the way.
And take note, that is just the initial investment process I’ve outlined above.
Your investment journey doesn’t stop there.
You need to monitor your account and you need some techniques as you go along.
Investing in a Mutual Fund is an on-going process, unlike your usual Time Deposit Account where you just make a deposit then forget about it.
I will guide you and will be here to answer your every question and any need for assistance.
Client Testimonial : Jonalyn A., OFW based in Hong Kong
Like my client, Jonalyn, who is an OFW you too can start investing even if you are not physically present here in the country. It’s so simple. If you know how to use the Internet, you can start investing.