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How to Monitor Your Mutual Fund Investment

How to Monitor Your Mutual Fund Investment

I assume you already have your mutual fund investment account in any of the provider from the Philippines. Now what? How are you going to track the fund and monitor your fund growth? How can you compute for your growth percentage over time?

To illustrate how to monitor your fund, I am going to use FAMI SALEF.

After you send your application form to them, they will reply back with your Confirmation Receipt (COR). If you put your address correctly, you will receive it on your mailbox.

fami-salef-mail

Inside the mail, you will find your COR where all the details of your investments are written. These includes informations such as:

  • Total Amount Remitted
  • Sales Load Fee
  • No. of Shares Purchased
  • Net Asset Value per Share (NAVPS)
  • Date Purchased
  • COR Number

fami-salef

Everyday, FAMI is updating the current price per share of the funds. For this case, you need to visit their website www.fami.com.ph and you’ll see the update on the upper right side of the page.

navps

In order to compute the gains, you need the NAVPS when you bought your fund and the current NAVPS. For this example, I bought my share at Php 4.9586 and the current NAVPS is Php 5.3892.

The formula is:

[ (current NAVPS – NAVPS price when you bought) / NAVPS price when you bought  ] x 100%
[ (5.3892 – 4.9586) / 4.9586 ] x 100 % = 8.68%

This shows that my investment already grows 8.68% as of the current NAVPS date.

In most cases, you will top up your investment. That means, you will receive another COR for your investment. In order to keep track of it, try to create an excel sheet with details as below so you can monitor your shares accordingly. The last column % growth is optional as you need to compute this every time. But in excel, you can automate this if you know so you just need to fill up the current NAVPS and it will calculate automatically.

excel-tracking

Take note, you have to keep this COR in a safe place. You will use it to withdraw your fund in the future. Lost of it could give you some hassle in withdrawing your funds as you have to execute some affidavit of loss documents.

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About Richard Macalintal

Hi my name is Richard. I am a Registered Financial Services Consultant in Singapore. If you have any queries or you need help on your insurance policies and investment linked products, feel free to message me :-) We can have a cup of coffee while I do financial review and give advice with regards to your finances :-) Contact me thru email rlmacalintal(at)yahoo.com or SMS me +65 82235186. Disclosure: I am a Financial Consultant of AIA. The statements or opinions expressed on this site are my own and do not necessarily represent those of AIA.

4 comments

  1. Sir what if nag-invest ako sa equity fund ng FAMI sa pinas and then after that I worked abroad. Paano ako ngayon makakapag top sa investment ko every month?

  2. hi sir leonard. may bank account ang FAMI, i think its METROBANK. all you need is to deposit the money on that account. or you can ask your family member to deposit the money directly from the bank. they just need to fill up the deposit form and put your FAMI account para ma credit sa account mo.

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