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Mutual Fund Tip: Go for consistency

Did your mutual fund holdings give you a 40 percent return last year? How about 50 percent or 60 percent? Big deal, some retail Filipino investors now say, having gone through the rough ride in the equities market in recent weeks.

Those who put their money in the country’s growing mutual fund industry have discovered that fantastic returns in short bursts are not nearly as important as consistency. Consistent returns may not be phenomenal, but they allow investors to count on a fund in both good and rough times. read more