Philequity Management, Inc. (PEMI)

Philequity Management Inc. (PEMI) is the first company I will feature. It is an investment management company established in 1993.

PEMI is proud to be the investment manager and principal distributor of Philequity Fund, Inc. (PEFI), the Philippines' best performing equity mutual fund. 

PEFI has been awarded by the Investment Company Association of the Philippines (ICAP) as the best performing equity fund in the 5-year and 10-year categories for the third straight year.

Philequity Peso Bond Fund, Inc. (PPBF) and Philequity Dollar Income Fund, Inc. (PDIF) has also been recognized by ICAP as the best performing bond funds in the 5-year category.

Here are the features of Philequity's mutual fund products: 

Philequity Fund, Inc
Type of Fund	Long-term, growth oriented, open-ended equity mutual fund
Incorporation Date	February 21, 1994
Authorized Capital	Php1 Billion with par value of Php1.00
Custodian Bank & Transfer Agent	Philippine Depository and Trust Corp./ Banco De Oro
External Auditor	SyCip Gorres Velayo and Co.
Minimum Initial Investment	P5,000
Minimum Additional Investment	P1,000
Sales Load	Not more than 3.5%
Exit Fees	Less than 1 year 2.0% 1 year – Less than 2 years 1.5% 2 years and up 0.0%
Annual Management Fee	1.5% P.A.

Philequity PSE Index Fund, Inc
Type of Fund	Long-term, growth oriented, open-ended equity index mutual fund
Incorporation Date	February 22, 1999
Authorized Capital	Php100 Million with par value of Php1.00
Custodian Bank & Transfer Agent	Philippine Depository and Trust Corp./ Banco De Oro
External Auditor	SyCip Gorres Velayo and Co.
Minimum Initial Investment	P200,000
Minimum Additional Investment	P50,000
Sales Load	Not more than 5%
Exit Fees	Less than 1 year 2.0% 1 year – Less than 2 years 1.5% 2 years and up 0.0%
Annual Management Fee	1.5% P.A.

Philequity Peso Bond Fund, Inc
Type of Fund	Conservative, long-term, open-ended bond fund
Incorporation Date	February 24, 1999
Authorized Capital	Php100 Million with par value of Php1.00
Custodian Bank & Transfer Agent	Philippine Depository and Trust Corp./ Banco De Oro
External Auditor	SyCip Gorres Velayo and Co.
Minimum Initial Investment	P10,000
Minimum Additional Investment	P5,000
Sales Load	Not more than 1.0%
Exit Fees	Less than 1 year 1.0% 1 year – Less than 2 years 0.5% 2 years and up 0.0%
Annual Management Fee	1.5% P.A.

Philequity Dollar Income Fund, Inc
Type of Fund	Conservative, long-term, open-ended bond fund denominated in US$
Incorporation Date	March 4, 1999
Authorized Capital	Php100 Million with par value of Php1.00 (Approximately $2 Million at $0.02/share par)
Custodian Bank & Transfer Agent	Philippine Depository and Trust Corp./ Banco De Oro
External Auditor	SyCip Gorres Velayo and Co.
Minimum Initial Investment	$2,000
Minimum Additional Investment	$1,000
Sales Load	Not more than 1%
Exit Fees	Less than 1 year 1.0% 1 year – Less than 2 years 0.5% 2 years and up 0.0%
Annual Management Fee	1.5% P.A.

A mutual fund investment involves risk. The value of the fund may go up and down. Returns from this investment are not guaranteed by Philequity Management, Inc. Any gains or losses from the investment are solely for the account of the investor. Past performance is not necessarily a guide to future performance. A mutual fund is not a deposit product and is not insured with the Philippine Deposit Insurance Corporation (PDIC).

Website: http://www.philequity.net/

 

I invest in Philequity Fund, an equity fund, by giving monthly investments. This is called peso cost averaging.  I don't time the market.  It doesn't matter whether the price is up or down.  I just give monthly because I plan to withdraw my fund in the next 15 to 20 years.  

I also made a one-time investment last year when the market was still down in the same fund.  So far, I'm happy with my investments.  I am never tempted to withdraw them because of my long-term financial objective.  My small monthly investments will become millions when I retire.  Isn't that worth waiting for?