Currently, all the mutual funds available in COL Fund Source have zero front-end and sales load fees. 


Front-end is the buying fee applied at the time of the initial purchase of shares. While sales load or back-end fees are like a selling fee when you decide to redeem the shares.



However, there are fees and cost computed inside the NAVPS and when you would redeem the shares earlier than the holding period. 

1.Management Fee


Management fee or advisory fee is the compensation given to the investment manager of a mutual fund. This fee is based on the total value of assets under management of a fund. This fee is imputed already as part of the NAVPS and is not reflected in any statement or receipt. 

Aside from these costs, investors must keep in mind that mutual funds, like other businesses, also incur operating expenses such as brokers commissions, taxes and licenses fees, custodian and clearing fees, directors fees, and other expenses. These operating expenses reduce the overall net asset value of a mutual fund so investors essentially pay for them. 


2.Early redemption/Exit fee

The early redemption fee is paid when an investor decides to redeem shares in mutual funds prior to the completion of a specified minimum holding period. 



Check the table below for the Management and Early Redemption fees as of July 2021.


(Please note that subscription to any PAMI Fund is no longer accepted as of December 20, 2019 due to the transfer of management of PAMI to BIMI. However, redemption will continue to be accepted and processed through your COL Account if you want to redeem any of your PAMI fund investments.)