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The Fund is designed to seek total return through current income and long-term capital growth through investment in listed and non-listed fixed income and equity securities of Philippine companies and debt obligations of the Government of the Republic of the Philippines and its instrumentalities. Shares in the Fund will be offered primarily to Filipinos. The Fund will invest only in Philippines entities. Under normal circumstances, the Fund intends to invest at least 40% of its net assets in equity securities of Philippine corporations which generate at least 50% of their revenues from operations within the Philippines. The Fund will invest its assets in a variety of Philippine industries, but may not invest more that 25% of its assets in any single industry.
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