* AI ("Artificial Intelligence") subtitles on Tagalog.com are generated using "Whisper" by OpenAI (the same company that created ChatGPT and DallE2). Results and accuracy may vary.
* The subtitles do include errors occasionally and should only be used as a tool to help with your listening practice.
* You can request this website to create a transcript for a video if one doesn't already exist by clicking the "Request AI Subtitles" button below a video. Transcribing usually takes 30-40% of the length of a video to complete if there are no other videos in
the queue. For example, a 21 minute video will take 7-8 minutes to transcribe.
* Running a super fast cloud GPU server to do these transcriptions does cost money. If you have the desire and financial ability, consider
becoming a patron
to support these video transcriptions, and the other tools and apps built by Tagalog.com
00:00.0
Pooled funds, so basket of investments coming from different investors,
00:05.8
managed and administered by a professional fund manager.
00:10.4
So yung professional fund manager, in exchange of fees,
00:15.5
binabayaran natin sila ng fees to manage the fund for us.
00:19.3
So sila yung mamimili ng investment for us.
00:23.5
So ano yung difference nito sa atin?
00:25.8
Kasi yung sa atin may pagka-pooled fund din siya yun.
00:28.1
Kaya lang, itong mga pooled funds kasi usually,
00:31.5
hindi sila nag-i-invest doon sa pinaglalagyan nila.
00:35.1
So talagang fund manager lang sila.
00:38.4
Tayo, maski ang SEDP for example,
00:42.5
ay naglalagay ng stake doon sa investment na pinupuntahan.
00:47.4
So two schools of thoughts yung sinasabi niyan when you talk to investors.
00:52.2
May mga nagsasabi na maganda yung,
00:58.1
may stake pa rin yung fund manager.
01:01.5
Kasi kapag may stake siya,
01:05.2
mas mag-iingat siya sa investment na lalagyan niya.
01:08.8
Pero may school of thought din na nagsasabi na
01:10.8
dapat talaga yung fund management ay separate
01:16.8
parang may certain moral hazard daw pag gano'n.
01:20.9
Pero para sa akin,
01:21.7
mas may moral hazard kung wala kang stake doon.
01:29.6
So si Maha may tanong,
01:31.6
Sir Vince, yung possibility po ng capital loss,
01:34.0
applicable din po ba sa Marsan 1 and 2 or capital preserved po sila?
01:39.7
So pag masunog yung building,
01:45.9
insured naman yun na,
01:47.9
because we get insurance for that.
01:49.7
Pero we are not sure whether the insurance company will,
01:57.8
the exact amount nung value nung property.
02:01.5
Depende sa magiging danyos na makukuha natin.
02:06.0
So other than that,
02:07.3
yung capital naman natin ay mapipreserve.
02:11.9
So the gain or the loss of the investment fund
02:14.6
is passed on by the fund manager to the investor.
02:17.8
So yan yung pool fund.
02:19.2
Ano ba yung mga usual pool funds sa Philippines?
02:23.1
Unit Investment Trust Funds,
02:24.9
exchange traded funds,
02:26.5
at saka may bago ngayon,
02:27.7
yung VUL is also form of a pooled fund.
02:34.6
So ano ba yung mga types of pooled funds natin?
02:37.7
So meron tayong stock or equity fund.
02:41.1
So in every pooled fund,
02:43.0
kaya ito nakakalito eh.
02:44.4
Kasi diba meron tayong,
02:46.4
may iba't ibang klase ng pooled funds.
02:47.9
So may mutual fund,
02:49.5
exchange traded fund,
02:52.6
Doon sa apat na yan,
02:54.9
mayroon din usual na apat na kinds.
02:57.7
At yung apat na kinds na yan,
03:00.3
either stock or equity,
03:02.1
bond or fixed income fund.
03:07.6
So yung stock or equity,
03:08.8
talagang nakapokus lang siya sa stock market.
03:11.5
Yung bond or fixed income fund,
03:14.0
yung sa mga fixed income securities
03:15.7
na binanggit ko kanina,
03:17.3
May time deposit sila,
03:18.4
pero mostly bonds,
03:20.3
corporate or government bonds yung laman yan.
03:23.9
Doon sila namimili ng mga investment.
03:26.4
Tapos may money market funds.
03:29.6
So yung money market funds,
03:31.4
usually naman ay nagmamature siya within one year.
03:35.0
Yun yung tinitignan nila.
03:36.8
Kaya usually lower yung return dito.
03:39.5
And then may tinatawag na balanced fund
03:41.7
where they mix money market,
03:44.9
and the bond fund.
03:50.2
So yun yung ano natin.
03:52.3
Yun yung pooled funds.
03:56.0
if we compare and contrast lang,
03:58.1
ang pinakasikat kasi would be
03:59.9
the mutual fund and the UITF.
04:02.4
So yung mutual fund or UITF natin,
04:05.0
pareho silang pooled fund.
04:07.3
Yung pangalan ng fund,
04:08.7
mutual fund technically,
04:10.1
yung UITF ay trust fund.
04:15.2
yung mutual fund is the mutual fund company.
04:18.3
Actually, alam nyo yung pag-ibig,
04:20.5
mutual fund po siya.
04:21.5
Kasi yung home development mutual fund
04:25.4
yung registration ng pag-ibig.
04:31.5
meron ba kayong investment sa mutual fund?
04:33.4
Kung may pag-ibig ka,
04:36.5
ay banks usually yung
04:39.1
organization na yan.
04:41.3
Managed by the fund manager,
04:43.3
trust professional naman sa UITF.
04:47.9
yung sa mutual fund,
04:54.1
and management fee
04:57.1
ay management fee lang.
05:01.2
Pero may pinasok akong UITF
05:11.2
may exit fee siya
05:12.4
kung within one month
05:14.2
ay kukunin mo siya.
05:17.3
So just make sure na
05:19.5
kaya mong i-ano yung one month.
05:22.5
Shareholder ka sa mutual fund,
05:25.3
ay hindi ka shareholder.
05:28.0
May voting rights ka sa mutual fund,
05:29.9
wala kang voting rights sa UITF.
05:32.4
May dividend sa mutual fund,
05:36.2
Liquidity and time frame,
05:38.6
Anong ibig sabihin ng open-ended?
05:39.9
You can easily withdraw.
05:43.5
wala siyang maturity usually.
05:49.6
Hindi sila covered ng PDIC.
05:51.4
Regulatory agency,
05:53.1
yung sa mutual fund,
05:54.4
BSP naman sa UITF.
05:57.8
yung UITF ay hindi tax-exempt,
06:00.3
pero yung mutual fund ay tax-exempt
06:02.5
on capital gains.
06:04.7
So mas may tax advantage yung mutual fund.
06:08.5
Saan tayo magbabaya,
06:12.3
Sa mga licensed mutual fund agents,
06:16.0
sa trans-representative ng banks.
06:21.1
So yan po yung sa mutual fund,
06:24.4
ay yung mga pooled funds natin.
