Personal Development, Finance, and Investing For Filipinos
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Invest in the country's first dividend-paying global fund.
I received an email from COL Financial that their clients can now start investing globally through COL Fund Source!
COL Fund Source now carries the ALFM Global Multi-Asset Income Fund, which is a Unitized Feeder Fund that invests in a global multi-asset income fund managed by BlackRock, one of the world's largest investment firms.
What is a Feeder Fund?
A Feeder Fund is a type of mutual fund that invests at least 90% of its assets in a single collective investment scheme, also known as the target fund.
Feeder Funds typically invest in funds that are not easily accessible to local investors—making it easier for Philippine investors to invest in stocks or other assets located outside the Philippines.
ALFM Global Multi-Asset Income Fund
The ALFM Global Multi-Asset Income Fund is the first Unitized Feeder Fund available in COL Client's account.
The fund is suitable for investors with a moderately aggressive risk appetite. It is a Feeder Fund that aims to provide a stable stream of dividends and generate long-term capital growth.
According to COL Fund Source, the fund will invest at least 90% of its assets into a single collective scheme, that being the BGF Global Multi-Asset Income Fund managed by Blackrock.
What is the fund invested in? What is the fund's regional exposure?
The fund is invested in a combination of fixed income, equities, and cash & cash equivalents. Also, the said fund will be invested globally, into the following regions:
Is the income payout guaranteed?
No, the fund’s monthly income is not guaranteed, and it is also not cumulative.
How do I get the income payout?
The fund will issue dividends in the form of additional units, which will be credited as cash directly in your COL account.
How do I compute my income payout?
Your income payout is equal to: (number of fund units held as of record date) x (dividend) x (NAVPU* as of record date)
*NAVPU = Net Asset Value per Unit
Who can invest in the fund?
Everyone, except for US Residents and US Citizens due to regulatory restrictions.
COL remains committed to giving its clients more ways to invest and grow their money, and introducing this first global Feeder Fund from ALFM into the COL platform is just the beginning.
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.