WebThere is an entry for FMETF there. You need to read that. But a quick and (oversimplified) answer: 1 share of FMETF is around 100 pesos now. So with 8k, you will be able to buy 80 shares per month. If you repeat this every month in a year, then you will have 960 shares of FMETF in the end. The thing is, nagbabago ang presyo ng FMETF every day. WebSo the total "transaction" fee for FMETF is actually around ~1.11%. In addition, FMETF has a "bid-ask spread", so you usually would be able to buy at a price slightly higher than the actual value, and sell at a price slightly lower than the actual value. Sometimes the spread can be as high as a 3% loss.
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WebFMETF copies the index of PSEi making it a type of equities index fund. Since it is an index fund that i intend to use in the long run like my original index funds, the 8k rule does not apply (?) Also i'm quite confused about my strategy of investing here. I already understood that i should do peso cost averaging (hence, the 5k per month thing ... WebApr 4, 2024 · Sycip, Gorres, Velayo and Company (SGV& Co.) Management Fee. 0.50% per annum. The Index Fund aims to track the performance of the Philippine equities … bjs non member gas price
Does FMETF Liquidity Problems? : r/phinvest - reddit
WebFMETF is an open-end fund which means that new shares are continually being offered and redeemed by First Metro in order to mimic the index. The problem is that this product is frequently traded which may explain the large spreads when you consider the NAV on a buy/sell basis. The way you should look at an ETF is over a period of time and ... WebApr 11, 2024 · All in all, FMETF is a GOOD investment as I've valued it to give investors a return of about 18% (if you bought at its current Net Asset value) Post Pandemic, It's a … WebAn easy way to get FIRST METRO PHIL. EQUITY ETF real-time prices. View live FMETF stock fund chart, financials, and market news. bjs new years day hours