Investment satisfaction in mutual funds among selected young professionals in Davao City

Abstract

Mutual fund investment means collects the money of people with certain investment goals. It is a trust which collects fund from different investors and invest it in different scheme in accordance with the goals of the investors. The purpose of this study was to determine the investment satisfaction in mutual funds among selected young professionals in the city. There were 100 respondents for this study who were qualified young professionals. The study used descriptive research method, with an adapted and modified questionnaire. Frequency and Percentage, Mean, and ANOVA were also used as statistical tools for the data gathered. Based on the data gathered, on the level of investment satisfaction in mutual funds among selected young professionals in Davao City, it shows that security had the highest mean, while reliability had the lowest mean. Furthermore, there was no significant difference in the level of investment satisfaction in mutual funds among selected young professionals in Davao City when grouped according to their profile. Hence, it does not reject the hypothesis. Ultimately, the researchers recommend the government that they should be more reliable in terms of the regulation of mutual funds so that the public would have the trust to go to investment companies and help the economy grow through this participation. Also, with the investment companies that they should focus on being reliable to investors and make a portfolio or image that would make them confident in putting their money to the investments.