There has been a lot of buzz about Philippine stockbroker COL Financial offering mutual funds to their clients and the investing public. I haven’t found time to write about it even though the investing netizens already started talking about it since early 2014.
But if you were to choose between investing in mutual funds directly or through COL Financial, which one would you choose?
Let us take a look at what’s in store for COL Financial clients who want to invest in mutual funds through their online facility.
What Are The Mutual Funds Available for COL Financial Clients?
COL Financial has dubbed their mutual fund services as the The Fund Supermarket. This is because they are featuring 24 mutual fund products from 6 of the biggest fund houses in the Philippines.
The mutual fund companies include:
1) Philequity (PEMI)
2) Philam Asset Management, Inc. (PAMI)
3) ATR Kim Eng (ATRAM/ATRKE)
4) First Metro Asset Management (FAMI)
5) Sun Life Asset Management
6) BPI Investment Management, Inc. (ALFM Mutual Funds)
Instead of burning your cash online by purchasing nice-to-have’s, why not take this opportunity to fatten your investment portfolio by adding mutual funds in it?
Advantages of Investing in Mutual Funds through COL Financial
One of the most encouraging advantages of investing in mutual funds through COL Financial Group Inc is the waiving of the front-end fees. This means that if you invest through COL Financial, there will be no front-end sales load/fees as compared to investing directly though these fund companies that charge front-end sales load/fees. Instead, you will only pay for the management fees.
Another advantage is if you are already a COL Financial client, then you can directly buy mutual funds without having to open new accounts from mutual funds companies. You will just have to click on the Mutual Fund tab in your stock investment account with COL Financial and you are good to go.
For long time stock investors, understanding mutual funds would be easy because research and daily reports can easily be downloaded from the site.
Also, wouldn’t it be nice to see your stock and mutual fund investment portfolio in a single website?
Advantages of Investing in Mutual Funds Straight from Fund Companies
One of the reasons why there are front-end sales load/fees if you invest directly via a fund house or a direct distributor is because you are paying for the personalized guidance that an investment advisor will give you.
This investment advisor will serve as your “mentor” and will guide you every step of your investing journey. Investing is easier especially if you are a newbie if you have someone who is an expert who will explain to you the things that may cause you epistaxis (the other term for nosebleeding).
As you know, having a personal advisor is more “personal” than an online profiling questionnaire and a risk rating system which an investor might or might not have understood and/or truthfully answered. A real person can better give you an assessment and advise as to what particular type of mutual fund is best for you based on your risk profile, financial capacity, and knowledge about investments.
Also, fund houses and direct distributors provide their clients similar tools, researches, and reports that you will see from COL Financial. An advisor will be willing to explain to you the meaning of those reports.
Should You Invest in Mutual Funds Directly from Fund Houses or via COL Financial?
If you are a long time COL Financial client, I highly suggest that you avail and access these mutual fund products from your COL online account.
But if you are a newbie stock investor and still have no idea how mutual fund works, getting it straight from fund houses or their direct distributors is a more recommended move.
If you want to invest in mutual funds but have no COL Financial account yet, you might need to open a stock investing account with them first.
If you want to open an account with COL Financial, you may download the forms from their website. Fill them out and scan. Please prepare also scanned copies of your latest proof of billing address and Philippine government-issued ID. You may send these to my friend Michele Tan to her email address michele.tan@colfinancial.com.
If you want to invest directly through mutual fund companies (except BPI’s ALFM and Sun Life), I can help you open an account and guide you in your investing journey. Send an email to burn.gutierrez@angatph.com with the subject “MF-BurnGutierrez”.
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When will they start offering this? I have been waiting for this since they announced this early this year.
Hi Keets. You can actually request the COL helpdesk to give you access to the COL Fund Source. Email helpdesk@colfinancial.com for more details.
HI,I want to avail MF via COL. may I know how much the management fees are for front load?
Hi Good Pm!
So what is the answer to the question
“Should You Invest in Mutual Funds Directly from Fund Houses or via COL Financial?”
Hi Kris,
“If you are a long time COL Financial client, I highly suggest that you avail and access these mutual fund products from your COL online account.
But if you are a newbie stock investor and still have no idea how mutual fund works, getting it straight from fund houses or their direct distributors is a more recommended move.”
– See more at: http://burngutierrez.com/should-you-invest-in-mutual-funds-directly-or-via-col-financial/#sthash.l9f07iwX.dpuf
I would like to invest mutual funds through col pls email me.thanks
Hi Reynaldo. You will have to open an account with COL Financial first. Check the article please for instructions.
good day!ano po mangyayari pagkatapos masend ng scanned copy ng forms at id’s kay Ms. Michele Tan?di na kelangan po pumunta ng COL Office?
Hi Jan, hintayin mo lang ang reply and instructions. Sasabihan ka kung ipapadala mo pa na ang hard copies ng documents mo via courier/postmail.
Halimbawa kukuha ako FAMI through COL at a certain NAV, COL ba magmamanage nun o papasa di nila fo FAMI directly for management? Halimbawa equity fund kinuha ko. THanks
Jep, distributor lang si COL. FAMI pa rin ang magmamanage ng fund. Once naginvest kayo sa FAMI, nakapangalan yun under sa COL Financial at hindi sa inyo. COL Financial ang client ng FAMI at hindi ang individual investor gaya mo.
Sir ask ko lang, may access po ba ng daily report sa col fund source? and ang ggawin ko lng po is to deposit monthly?
Newbie here 🙂
Thank you!
Hi Alyssa, meron din daily reports sa COL.
Sir, is it still ok to avail those products from COL fund source even though Im investing na(bought directly sa company).
Sayang po talaga yung front end fees na nababawas everytime na mag top-up ako.
Gusto ko sana na sa col nalang ako bumili
Thanks
Pwede mo naman gawin yun sa COL, pero hindi iyon nakapangalan sa yo yun kundi sa pangalan ng COL.
Hi Sir, may bearing po ba un kung ang MF ko ay di nakapangalan sakin dahil sa COL ako nag-avail? Thanks po
Hi Sir,
I have same question as Jade, may bearing po ba un? Thanks!
please send me all the details pra makapgregister ako at mga requirements
Hi Sir,
Pwede ba iwithdraw ko na yung MF ko sa BPI then lipat ako sa COL? Matagal na din kasi ako may COL account. Para isang website na lng pag nag check ako.
Thanks!
Nice article sir Burn.
I Love COL, I started investing in COL last year. I Bought FIVE different stocks (Puregold, GMA, Alliance Global, DMCI & Union bank) + TWO Mutual Funds Philequity and PAMI. I am very happy with my investment I keep on buying every month and my money is gaining yeheyyy!!! I am actually addicted on buying especially during pay day. I can’t stop myself putting eggs ib different basket. I just wish that I started investing earlier since I’ve been OFW for the past ten years, now I am 35years old. Guys better start now!
Congratulations Anne! I’m glad you’ve decided to invest. It’s never too late! 🙂
Sir Burn,
Nag open po ako ng MF sa BPI pero di masyado na-explain sa kin ng staff nila if paan ba ang kitaan. Binigay lang niya yung link ng bpi express online sa kin at dun kko daw makikita ung progress ng investment ko. Nakita ko sa account ko na 29 shares yung nabili out dun sa pera na ipinasok ko sa kanila. Ang tanong ko po ay gaano po ba katagal ang kitaan sa MF at paano ko malalaman ig kung saan-saang shares nila ito ipinasok. Sana po mabigyan nyo ko ng advises or paano po ang tamang diskarte kasi po baguhan lang ako sa MF investment. Salamat po ng marami.
Regards,
Lourman
Lourman, walang fixed and guaranteed income kapag naginvest ka sa mutual funds lalo na kung ito ay isang “stock fund” or mutual fund na invested sa stock market. Makikita mo lang ang benefit sa pag-invest sa mga equity/stock funds in at least 5 years.
Hi Sir Burn,
ang NAvPS from COL vs direct distributors are the same? For instance that they are not the same, what is the buy in for COL?
Their respective NAVPS for each mutual fund should just be the same at the end of the trading day for every distributor and with COL.
Hi,
Newbie here. Nag open na po ako ng account sa COL and every month nagdedeposit din po kame ng husband ko. At first, we are actually “planning” to buy or managed our own stocks, but di naman po namin nagawa kahit once, coz we are both busy in our work. So now, we would want to do mutual funds. The question here is, how to start Mutual Fund? Do I need to contact the COL to do the MF for us? Or is there any option in my COL account to choose the MF, so I can do it on our end? And if yes, where I can find that and how many MF should I invest my money? I really don’t know how to start as I actually afraid to navigate my account. HAHA. I hope you can help me. Thank you.
Hi Isabel, there should be a Mutual Fund tab in your COL account when you log in. You should be able to get all the information that you need when you click the mutual fund tab. In case you don’t see the tab, you may email or call their customer support to give you access to the mutual fund section. You can also ask advise from them on how to navigate. Come back to me when it’s done so I can help you on how to choose the right mutual funds for your financial goals. 🙂
Hello, gusto ko po mag register sa COL MF anu pong mutual fund company ang the best na kunin?