A. NCMFP was formed for the different cooperatives nationwide. It aims to give an opportunity for cooperatives to invest their hard earned money in mutual funds. NCMFP is limited to cooperatives only and is not available for individual accounts.

A. NCMFP is a balanced fund, meaning the fund is invested half in equities and the other half in fixed-income securities. However, it is at the Fund Manager’s discretion to invest a substantial amount of NCMFP’s assets in equities up to the maximum allowed under prevailing Philippine laws or up to 100% in fixed income securities (i.e. liquid or semi-liquid assets), subject to any existing liquidity requirements as may be required by law.

A. Investors who have moderate to aggressive risk profiles and who prefer a balanced portfolio of securities.

A. Under normal circumstances, NCMFP will invest approximately 50% of its assets in equities and 50% in fixed income securities. Meaning, 50% of NCMFP is invested in equities of companies listed in the primary and secondary boards of the PSE. Likewise, the other 50% is invested domestic fixed-income instruments, including but not limited to, treasury bills, Bangko Sentral ng Pilipinas' (BSP) Certificate of Indebtedness, other government securities or bonds and such other evidences of obligations issued by the BSP or guaranteed by the Philippine Government. However, it is at the Fund Manager’s discretion to invest a substantial amount of NCMFP’s assets in equities up to the maximum allowed under prevailing Philippine laws or up to 100% in fixed income securities (i.e. liquid or semi-liquid assets), subject to any existing liquidity requirements as may be required by law. NCMFP also needs to invest 10% in liquid securities.

A. Being moderate to high in risks, NCMFP is exposed to financial risk through its financial assets and financial liabilities. The most important components of this financial risk are credit risk, liquidity risk and market risk.

These risks arise from open positions in interest rate which are exposed to general and specific market movements. The risks that the Fund primarily faces due to the nature of its investments are interest rate risk and liquidity risk due to the open-end nature of the fund.

A. NCMFP’s shares will be offered to the public based on its NAVPS or Net Asset Value Per Share, with a minimum initial investment of PhP100,000.

A. The minimum additional investment is PhP 10,000.

A. NCMFP charges redemption fees not more than 1.0% should the investor redeem before the stipulated minimum holding period of six (6) months.

A. The company was incorporated on March 25, 2009.

A. NCMFP is engaged primarily in the business of investing, reinvesting and trading in securities and the sale of its shares.

A. As investment/fund manager and principal distributor, Philam Asset is entitled to a management fee and for the facilities provided by Philam Asset equivalent to 0.005% of the Average Net Value of the Fund’s assets, computed on a daily basis or not more than 1.8% of the Average Net Asset Value of the Fund’s assets per year.

A. NAVPS stands for the Net Asset Value Per Share and is computed as the Total Assets less Total Liabilities divided by the number of outstanding shares. It is also important to take note that the Net Asset Value of the Fund will fluctuate with changes in the market value of the Fund’s investments. Such changes in market value may occur due to material changes in the fund and general economic conditions or interest rate policy changes.

A. The investor can file their redemption request forms in any Philam Asset office. Redemption from the NCMFP requires filling-out, disclosing and presenting the following information and documents:

• Transaction Form (Redemption Form)
• Reason for Redemption (Monitoring Form)
• One (1) Valid ID (for walk-in redemptions)