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Phil Equity Mutual Fund: Another Investment Option for OFW

Phil Equity Mutual Fund: Another Investment Option for OFW

I already featured FAMI mutual fund here, now let me talk about another good mutual fund company in the Philippines.

“Philequity Management, Inc. (PEMI) is an investment management company established in 1993. We are committed to helping you achieve your long-term financial objectives by offering an array of mutual funds suited to your unique needs.” – as posted on their website

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.

Currently, they are offering four funds for you to choose from, depending on your risk appetite.

Philequity Fund Inc.

Philequity Income Dollar Fund Inc.

Philequity PSE Index Fund Inc.

Philequity Peso Bond Fund Inc.

You can click each link to give you idea on each funds. On this blog, let me tackle only their top performing fund which is Philequity Fund Inc (PEFI).

PEFI is a growth-oriented mutual fund that is invested in shares of stock that are listed in the Philippine Stock Exchange (PSE). It is the ideal choice for investors looking for long-term capital appreciation but do not have the expertise and resources necessary to actively manage a stock portfolio.

Here’s the fund performance right from the start.

PEFI

pefi-growth

As you may know, Philequity PEFI is one of the top performing mutual funds in the Philippines base on their gain. Also, they have been in the industry since 1995. Last year alone, they have 33.69% gains. Check the graph to give you more details on how this fund grows overtime.

Here’s some information about the fund. Take note of the sales load, management fees and exit fees they impose.

philequity-fund

OFW’s abroad can open their account without physical appearance. For initial investment, follow this steps in opening account.

1. Download this form and fill up. Take note of the required number of copies.

2. You need to submit a photocopy of 2 valid IDs (at least 1 government-issued ID). Valid IDs are those which contain a photo of yourself, your complete name and your visible signature and have not expired.

3. Transfer your fund to below bank accounts:

pefi-bank-account

4. Scan a copy of all your forms, requirement ID’s and the bank receipt and email to sales@philequity.net.

5. Put all these documents in an envelope and mail to their address below:

Philequity Management Inc.
Unit 2004A, 20/F, East Tower,
Philippine Stock Exchange Center, Exchange Road,
Ortigas Center, Pasig City Philippines

They will process your documents upon the receive of the original forms. Once everything is done and your fund share has be processed, they will send you via email the COR.

For OFW’s, there’s an added steps for your account to be approved. They need your account to be validated and make sure of your identity. There are 2 ways to do this. First is you go to the embassy and ask them to stamp a CERTIFIED TRUE COPY of your passport photocopy before sending it to them. Second way is they will schedule you for a SKYPE video chat to meet your on camera and brief interview.

For more information about account opening, visit here.

However, take note that 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).

(If you are in Singapore, there is an office in Lucky Plaza that accepts Philequity mutual fund registration. You just need to provide the application forms and your initial deposit. And it’s FREE. No need or account verification. To know more about it, just message me on Facebook. )

P.S. A year ago, I do not know anything about investment. Then I joined Truly Rich Club by Bo Sanchez. It was the best decision I ever made in my life. Brother Bo is a spiritual preacher and at the same time, financial literacy advocate whose purpose is to help people become rich in order to serve the LORD with the money that they have. He guided me along the way, explaining how I can manage my money and make it work hard for me. Now I’m investing in stocks and mutual funds and have a clear path for my future. Soon I’ll open UITF account as well. All are made possible by his guidance and teachings on every steps to become an investor. Being OFW isn’t forever, this is my EXIT PLAN. It’s amazing how his teachings change my life. I’m inviting you to join the club too, JOIN TRULY RICH CLUB. If you have any question, feel free to leave your comment below. CLICK HERE TO JOIN

About Richard Macalintal

Hi my name is Richard. I am a Registered Financial Services Consultant in Singapore. If you have any queries or you need help on your insurance policies and investment linked products, feel free to message me :-) We can have a cup of coffee while I do financial review and give advice with regards to your finances :-) Contact me thru email rlmacalintal(at)yahoo.com or SMS me +65 82235186. Disclosure: I am a Financial Consultant of AIA. The statements or opinions expressed on this site are my own and do not necessarily represent those of AIA.

7 comments

  1. i was very happy that i accidentaly hit your site… maybe its God’s way to teach me where i should start….

    where do you recommend to invest money?, BDO?, COL, FAMI, PEFI?? im confuse…
    before i read your blogs, i only knew BDO UITF and EIP? thats where i plan to start saving? but i got confused already… i dont know what are the things that i should consider… Manager fee? and etc…

    is it advisable to have salary loan in pag-ibig then invest the money in BDO? COL? FAMI? PEFI?

    im turning 27, and working… i want to start investing but i dont have savings to start with 🙁
    hope you can enlighten me…

    please respond in my email add

    thank you so much
    Godbless you more

    • hi sir. first and foremost, invest only excess money. excess money in which you already have health insurance and emergency fund. excess money after deducting those 2 is the ideal investment. it is not a good idea to invest loaned or borrowed money. the risk is too high for you.

      as for the best investment for newbies, try this philequity pefi. remember, you have to keep your money invested for around 5 yrs or more, the better. para mas mag work yong compounding interest. though you can withdraw your money naman anytime.

  2. good day sir. is there any other options na company to invest na hindi na kailangan ng physical appearance? aside sa PEMI? gusto ko kasi kaya lang andito ako sa ibang bansa eh. may plano na talaga ako before pa pero di ko alam kung papayag yun ibang company na wala sa bansa natin. thanks. Godbless

  3. Percival Bernados

    Just want to ask, IMG says I will be a broker on Phil Equity. Will the process of investement be different if I am a broker?

  4. Ask ko lang sana if pede maglagay ng beneficiary dun sa individual account sa philequity or sa ITF account lang po pede?.. di ko kasi maintindihan.. Thanks! 🙂

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