NCMFP is a balanced fund and is moderate to high in risk. NCMFP seeks growth and income, and will invest, under normal conditions, in both equity and fixed income securities. The Fund will invest in equities of companies listed in the primary and secondary boards of the Philippine Stock Exchange. Likewise the Fund will invest in domestic fixed-income instruments, including but not limited to, treasury bills, Bangko Sentral ng Pilipinas’ (BSP) Certificate of Indebtedness, other government securities or bonds and such other evidences of obligations issued by the BSP or guaranteed by the Philippine Government. NCMFP considers a medium to long-term investment horizon for its shareholders.