Where can I best invest on mutual funds, Sunlife Prosperity Funds or Philam Asset Management Inc.?

Answer 1

I am guessing you are in the Philippines, which means your ability to invest in mutual funds through American financial firms like Fidelity and Vanguard is somewhere between limited and nonexistent, unless you have $$$ and US residency. No need to talk about those two.

That said, looking strictly at variety of funds, the SunLife portfolio has a few more than Philam's three funds. So, if you think you're going to shift your money around and want the convenience of doing that under one bank, SunLife looks good.

Beyond that, check performance, investment strategy, and fees.

Answer 2

I'm guessing you asked about those two particular funds since those were the options given to you by a financial advisor. From a quick search, it looks like all funds in both of those families have loads (basically a commission for the person who convinced you to buy). If you're not opposed to getting your own brokerage account, you can buy some really good no-load and low expense ratio funds such as those in the Vanguard family. Fidelity also now has a few no-load, low expense ratio funds. Getting your own brokerage account can save you a boatload. Certainly there are risks in buying any funds but since actively managed funds tend to underperform the index funds, buying no-load index funds yourself probably will save you money and boost your return.

Answer 3

I recomment niether ! I have found "American funds" to be fabulous though! : )

Answer 4

I hope this answers to your question

http://www.inc.com/magazine/19960901/1801.html