For introduction to cost averaging, please read the post: Easy Investing Strategy in Mutual Funds or UITF.
|Image: Renjith Krishnan / FreeDigitalPhotos.net|
Incorporation Date: 22 Jun 1998
Minimum investment: P10,000
Minimum additional investment: P1,000
Sales Load or Entry Fee : 5% for investment amount of P10,000 to 99,999
3% for investment amount of P100,000 to 999,999
2% for investment amount of P1Million and above.
Investment period to wave exit fee: 2 years
Early exit fee: 1.0% if less than 1 year
0.5% for more than 1 year but less than 2 years.
0.0% 2 years or above
Annual Management Fee: 1.5% (included already in daily NAVPS).
Below is a case study on peso cost averaging(PCA) in Philam Strategic Growth Fund. The mechanics of the investment is as follow:
1. A fixed amount of P10,000 is invested every quarter. There are 2 cases, 10-years (2001-2010) and 5-years (2006-2010)
2. No amount will be withdrawn during the entire period.
(click on the tab above to select sheet)