The on-going decline in the stock market drew mixed emotions
from the different stock market traders as well as long-term investors.
While those who have managed to sell earlier and was able to
set aside some funds in their cash positions were enjoying buying
"bargain" stock prices, those who have bought certain stocks at
higher prices and wasn’t able to exit before the "bloodbath" were
saddened by the on-going beating of the stock market.
For Equity UITF and Mutual Fund investors like us, the
present scenario in the stock market is an opportunity for us to position and invest
at lower prices while the NAVPU (UITF) or NAVPS are at minimum levels.
One of the best fund to buy at the moment is the newly
launch BPI Philippine Equity Index Fund. The said fund which was launch on May
20, 2013 with an initial NAVPU of 100 is presently on the negative side with a
current NAVPU of 94.66 as of May 30, 2013.
For your reference, the BPI Philippine Equity Index Fund
daily NAVPU prices since May 20, 2013 were the following:
May 20, 2013 - 100.00
May 21, 2013 - 100.12
May 22, 2013 - 100.75
May 23, 2013 - 99.69
May 24, 2013 - 99.00
May 27, 2013 - 96.65
May 28, 2013 - 96.85
May 29, 2013 - 98.35
May 30, 2013 - 94.63
Taking this opportunity
to invest now will put you into better position for higher returns once the
equity market normalizes and gained strength. To pass this opportunity will give
you a reason to whine later on.