Thursday, October 2, 2008

Philequity Fund Best Birthday Gift to Listeners

Towards the end of the show, Grace Lee unveiled her own birthday gift to the listeners by introducing Raymond Ricafort, a friend who advices Grace Lee in investment matters.

In one radio show the past week, the Twister had voiced a suggestion that instead of having crappy, useless subjects in school like PE,Art and Music (do you really have to take 12 units of PE in college?) why don't schools offer the really important subjects like how to create and keep money, and integrate it as part of their curriculum.

I guess this really resonated with a lot of people so much so that Grace's friend came on board towards the last fifteen minutes of the show to give some important money-making tips.

Ricarfort mentioned investing money in mutual funds, and when the Goodtimes crew asked for specific names, he mentioned PHILEQUITY funds, which have consistently averaged 24% earnings per year.

Philequity Management, Inc. (PEMI) is an investment management company established in 1993.It is also the 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 mutual fund in the 10-year, 5-year and 3-year categories.

To check out this company, go to PEMI's website by clicking this link www.philequity.net

According to Pinoymoneytalk.com, Philequity has performed very well.Here is their list of the Year-to-Date (YTD) Performance of Philippine Mutual Funds (as of 2nd Quarter 2008)

Equity Funds (primarily invested in Peso equity securities)

1. United Fund - (10.21%)
2. First Metro Save and Learn Equity Fund - (17.91%)
3. ATR KimEng Equity Opportunity Fund - (22.87%)
4. Sun Life Prosperity Phil. Equity Fund - (25.48%)
5. Philequity PSE Index Fund - (25.79%)
6. Philequity Fund - (26.77%)
7. Philam Strategic Growth Fund - (26.92%)
8. Philippine Stock Index Fund - (32.06%)