How to open a mutual fund account in Philippines?

1 ANSWERS

1. Guest1862
   

   Now you can invest in mutual fund account in Philippines and grow up your investment. If you want to open your account in mutual fund through these steps:
   • First you decide, in which mutual company you would like to invest in Philippines
   • Second you look for that this mutual fund company are licensed holder
   • Then you collect the copy of prospectus of the mutual fund and read it carefully
   • Fill up the application form  that they might require you
   • Submit requirement and attach all the copies of your documents
   • Then you invest the investment or payment. Most mutual fund companies in the Philippines require a minimum of P5, 000 to P10, 000 Peso for funds and in dollars a minimum of $500 to $1,000.
   • After the initial investment, always ask for the receipt
   • After all the process, you should receive a confirmation of your investment via mail

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