A few months have gone by since I began my research on investing. I had recently passed the board exam and was determined to start saving for my future.
When I started doing my research, I had zero savings. All I had was the drive to build wealth immediately. What began as research on time deposits opened my horizons to better ways of investing. I was looking for ways to start saving and investing.
I browsed the net on articles about Trust funds. As soon as I had finished reading these articles, I realized that Trust Funds were ideal investment tools for me. I asked my relatives for advice about Trust Funds, but none of them were familiar with it. After failing to receive advice from my relatives. I decided to broaden my understanding by reading about Trust Funds.
Funds available in the Philippines include Equity, Balanced, Bond, and Money Market Funds. These funds are in Peso or US Dollar.
Equity Trust funds are invested mainly in stocks. This fund offers the highest possible return for your investment. Equity funds are the most volatile and risky among the three funds.
Bond funds are invested primarily with government bonds and treasury notes. Bond Funds offer more security for your investments at the expense of lower returns.
Money Market funds are the safest among the four funds but offer the lowest returns.
Balanced funds are a mixture of all three funds. These funds try to balance risk and return by mixing all three funds.
Visit my post on Philippine Unit Investment Trust Fund for a list of Trust Funds in the Philippines.
