GInvest Fund Guide: ATRAM Philippine Equity Smart Index Fund

GCash’s GInvest allows users to invest in a wide selection of stocks and bonds via investment funds for as low as PhP50.00. In this article, we break down all you need to know before investing in the ATRAM Philippine Equity Smart Index Fund (ATRAM PESIF).

For a step-by-step run-through detailing the process of buying shares of investment funds through GInvest, see our guide: How to Invest in Mutual Funds with GCash.

For all you need to know about mutual funds, see our article: What is a Mutual Fund?

Fund Description

Like BPI’s Philippine Stock Index Fund (PSIF), the ATRAM PESIF is an index fund which mirrors the composition of the Philippine Stock Exchange Index (PSEi).

Based on the ATRAM PESIF’s Key Information and Investment Disclosure Statement (KIIDS), the minimum initial investment required is PhP50.00 and PhP50.00 for each succeeding addition.

Management Fees

Summarized below are the fees charged by ATRAM PESIF amounting to 1.64% charged as a percentage of the average daily net asset value (NAV) of the fund for each quarter.

Trustee Fees1.50%
Custodianship Fees0.03%
External Auditor Fees0.01%
Other Fees (Transaction Fees)0.10%

Redemption

The ATRAM PESIF has no minimum holding period and no early redemption charges.

Investment Considerations

Merits

  • The ATRAM PESIF lets you enjoy the returns of the Philippines’ most dominant companies.

Risks

  • BPI’s PSIF may be a better option as it charges a 1.00% compared to ATRAM PESIF’s 1.64%.
  • As with any investment, returns are not guaranteed and research is very much necessary.

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