EastWest Bank Launches Its PhilEquity Feeder Fund

EastWest Bank has introduced its PhilEquity Feeder Fund which offers high potential returns to retail and institutional clients, much like investing in high-performing stocks but made affordable and easy even for first-time investors.

The EastWest Philequity Feeder Fund is a peso-denominated unit investment trust fund (UITF) that invests at least 90% of its assets in Philiequity Fund Incorporated, which is managed and principally distributed by PhiEquity Management, Inc.

The PhilEquity Feeder fund is ideal for investors with an investment horizon of at least five years and who understand the investment risks that come with equity securities. It is available to both retail and corporate customers for a minimum participation of PhP 10,000.

Investors can maximize the earning potential of their funds without having to go through the challenges of stock picking, constantly monitoring business news and stock market movements.

The Philequity fund is one of the country’s best-performing equity mutual funds, having provided annualized returns of 23.9%, 19.1% and 17.1%, respectively for the 5-year, 10-year and 15-year periods ending October 31, 2014.

“We launched the Philequity feeder fund to present our clients an investment option that is both affordable and high-performing in long term. With its addition to our current UITF product portfolio, we hope address the investment needs of a broader customer segment,” said EastWest Senior Executive Vice President and Chief Operating Officer Jose Emmanuel Hilado.

The Cebu launch is part of the bank’s roadshow to promote the new investment product, following a successful launching in Manila last November 6 and in Davao City last November 20.

EastWest bank has more than 340 branches nationwide, with 18 branches in Cebu.

For individuals who want to avail of the EastWest PhilEquity Feeder fund, you may visit any of EastWest bank.