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Products - Philequity Management, Inc.

Philequity Dollar Income Fund, Inc.


Description:

Looking for an investment that will make your dollars work harder for you? With Philequity Dollar Income Fund, Inc. (PDIF), you gain access to potentially higher yielding dollar-denominated government and corporate bonds allowing you to enjoy better returns on your dollar investment.

Investment Objective:

PDIF aims to provide small investors long-term capital growth by investing in various dollar-denominated government and corporate bonds.

Fund Features:


Type of Fund: Long-term, conservative, open-end 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
Annual Management Fee 1.5% P.A.