One of the
main obstacles that limit Overseas Filipino Workers in investing with UITFs and
Mutual Funds were the requirement of the banks and investment institutions for
the investor to personally appear and sign the application forms in the bank branch or in the mutual fund management office, in the case for mutual funds.
Since OFWs were
based abroad, the only way for them to have the means to buy investment units
or shares were during their time when they are in the country for their vacation
from their work abroad.
Just
recently, I inquired with some Mutual Fund management companies, through email,
if they have any means for overseas-based Filipino workers to place investment
with the mutual funds they managed. I was lucky to get the reply from
Philequity Management, Inc. through Ms. Marie Angelie Asuncion.
For
Overseas Filipinos who are interested to invest in Mutual Funds through
Philequity Management, Inc., here are the essential steps that you may follow if
you are interested to invest in mutual funds.
On
the download link below, download the Account Opening Form (AOF), the
Investment Application Form (IAF), the Investor Risk Profiling Questionaire
(IRPQ) and the Signature Cards.
Fill
up the forms mentioned above and enclosed a photocopy of any government issued
ID (i.e. Passport) with authentication by the Philippine Consulate near your
work-based. Send these through courier or snail mail on the address below.
ADDRESS: Philequity Management Inc.
An additional requirement is a Skype account
by the OFW investor. The Skype account is needed for the interview with the
PEMI customer sales representative to verify the authenticity of the
information you gave them thru the forms you had sent them. Just email them
your Skype ID and the date you are convenient for the interview with them.
I
attached Ms. Asuncion’s contact details below in case you have some inquiries
or have decided to invest in Mutual Funds managed by Philequity Management Inc.
Marie Angelie Asuncion
Customer Sales Associate
Philequity Management, Inc.
Tel. No.: +632 689-8080
Facsimile: +632 706-0795 or +632 689-8066
Customer Sales Associate
Philequity Management, Inc.
Tel. No.: +632 689-8080
Facsimile: +632 706-0795 or +632 689-8066
Email:
angelie.asuncion@philequity.net