PHILIPPINE STOCK INDEX FUND
The Philippine Stock Index Fund is suitable for investors who seek long-term capital growth, or those who want to track the performance of the PSEi.
The Philippine Stock Index Fund (“PSIF”) was incorporated on December 11, 2002 as an open end investment company. The Fund was created as an index tracker fund of the Philippine Stock Exchange Composite Index (PSEi). To date, it is the only index tracker mutual fund that fully replicates the PSEi.
Investment Objective
The Fund aims to track the performance of the Philippine Stock Exchange Composite Index (PSEi). The fund shall invest substantially all of the Fund’s assets in the stocks comprising the PSEi in the same weights as in the index.
Benchmark
Philippine Stock Exchange Composite Index (PSEi)
| Investor Type | Aggressive |
| Fund Type | Equity Fund |
| Base Currency | Philippine Peso |
| Launch Date | March 14, 2003 |
| Minimum Initial Investment/Maintaining Balance | PHP 1,000 or equivalent amount of approximately one (1) share |
| Minimum Initial RSP | PHP 1,000 or equivalent amount of approximately one (1) share |
| Minimum Transaction Amount/Minimum RSP Amount | Equivalent amount of 1 share |
| Minimum Holding Period | 90 calendar days |
| Early Redemption Fee | 1% of the redemption amount |
| Management and Advisory Fee | 1.00% p.a. |
| Cut-off Time | 02:00 PM |
| Contribution Settlement | Day 1 End-of-Day |
| Redemption Settlement | Day 3 End-of-Day |
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