Money Magnets

Performance report for all Mutual Funds in the Philippines for the 1st Quarter of 2014 are now available from the (Philippine Investement Funds Association) PIFA site.

Leading the charge this first quarter are the Equity or Stock Funds and Balanced Funds.

4 Equity-based / Stock Funds were able to produce returns above 9%.

1. First Metro Phil Equity Exchange Traded Fund (9.85%)   
2. Philippine Stock Index Fund (9.83%)
3. PhilEquity Fund Inc. (9.26%)
4. ALFM Growth Fund Inc. (9.52%)

A good start for the first ETF available in the country!


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