Seedbox is an online investment service powered by one of the country’s top fund providers, ATR Asset Management (ATRAM).
Our goal is to revolutionize online investing, so that more and more Filipinos can profit from its advantages and make investing a part of everyday life.
Set up as a joint venture with the Indivara Group, the leading IT and software company in Indonesia, the Seedbox service promises an easy and convenient way for consumers to invest online.
Backed by ATRAM’s financial expertise and the Indivara Group’s technological mastery, Seedbox is all set to change the way Filipinos manage their money.
What is a mutual fund?
A mutual fund is an investment company which manages a pool of money on behalf of individual and/or institutional investors. The appointed fund manager invests the pool in a mix of securities (typically stocks, bonds, or some combination of these) in accordance with the fund’s stated objectives and strategies.
A mutual fund is an ideal investment vehicle for people focused on their careers or businesses, and who don’t have the time, expertise or interest to devise their own investing strategies. In effect, a saver delegates the investing decisions to the fund manager.
Mutual funds in the Philippines are heavily patterned after those in the U.S., where they have operated since 1924. Today, about half of all U.S. households are invested in mutual funds. Around the world, mutual funds are a powerful engine for investors to save and build capital.
What is a UITF?
A Unit Investment Trust Fund (UITF) is an open-ended pooled trust fund denominated in pesos or any acceptable currency, which is operated and administered by a trust entity and made available by participation. Each UITF product is governed by a Declaration of Trust (or Plan Rules) which contains the investment objectives of the UITF as well as the mechanics for investing, operating, and administering the fund.
Most UITFs are considered medium to long term investments. Clients considering to invest in UITFs must have the financial resources to stay invested in them for a reasonable period of time in order to maximize earnings potential. If the funs to be invested will be needed by the client in the immediate future, the UITFs may not be a suitable investment vehicle for such client.
What is a NAVPU?
Units of participation are made available to investors based on the Net Asset Value Per Unit (NAVPU) of the fund for the day. The NAVPU is derived by dividing the fund's Net Asset Value (NAV) by the number of outstanding units in the fund. NAV, on the other hand, is the sum of the market value of the investments of the fund less expenses such as taxes, fees and other qualified charges. To determine how many units of participation a certain amount of investment is equivalent to, simply divide the amount to be invested by the prevailing NAVPU for the day.