Fund Fact Sheet as of Mar 28, 2018

Address: 2104A East Tower PSE Centre, Exchange Rd., Ortigas Ctr., Pasig City

PhilEquity Fund Tel No.:

Email:
Website:
+ 632 689-8080
ask@philequity.net / invest@philequity.net
www.philequity.net

INVESTMENT OBJECTIVES PORTFOLIO ANALYSIS

To seek long-term capital appreciation through investing Top Ten Holdings Sector Weightings
primarily in equity securities of listed Philippine companies Issue Industry %
SM Investments Corp. HOLDING FIRMS 11% Holding Firms 30%
while considering the liquidity and safety to manage risk.
Ayala Land, Inc. PROPERTY 7%
FUND FACTS BDO Unibank, Inc. FINANCIALS 7% Financials 18%
Incorporation Date 21 February 1994 SM Prime Holdings, Inc. PROPERTY 7%
Structure Open-ended mutual fund Ayala Corp. HOLDING FIRMS 5% Industrial 16%
Fund Currency Philippine Peso Bank of the Philippine Islands FINANCIALS 5%
Valuation method Marked-to-market Metropolitan Bank & Trust Co. FINANCIALS 5% Property 15%
Type Equity Fund Jollibee Foods Corp. INDUSTRIAL 4%
Minimum Initial Investment PHP 5,000.00 Energy Development Corp. INDUSTRIAL 4%
Minimum Additional Investment PHP 1,000.00 JG Summit Holdings, Inc. HOLDING FIRMS 3% Services 10%
Minimum Holding Period 90 days
Early Redemption Fee 1.00%
% of Total Holdings 57% Mining and Oil 0%
Redemption Settlement Max of 7 banking days
Fund Size (Mn PhP) 11,832 Asset Allocation
Annual Management fee 1.5% p.a. of total funds under
management
Equities 90% Cash/equivalent 10% NAVPS as of Mar 28, 2018 38.7959
Fund Manager Philequity Management Inc.
Benchmark Philippine Stock Exchange
External Auditor SGV & Co.
PERFORMANCE ANALYSIS
Transfer Agent Banco de Oro Unibank, Inc.
Bloomberg Ticker PHILEQT PM Equity Cumulative Returns Compounded Annual Growth Rates (%)
Since
MARKET OUTLOOK YTD 1 mo 6 mos YoY 3 Yrs
Launch¹
PEFI PSEi

The Philippine Stock Exchange Index (PSEi) PEFI -5.60% -4.87% -0.98% 10.12% -0.97% 3396.70% 10 years 13.14% 10.44%

lost 495.46 points to close the month at PSEi -6.76% -5.85% -2.16% 8.84% 1.29% 185.18% 5 years 3.03% 3.11%

7,979.83. 3 years -0.32% 0.43%

NAVPS Graph
The selloff continued as foreign funds have 50
now sold over P30 billion worth of Philippine
stocks since the beginning of the year. In 40
the last two months, foreign funds have only Philequity
registered a net buy on 2 trading days. 30
Rising tensions of a trade war between the
US and China have put a damper on global 20
growth prospects. The weaker Philippine
peso also contributed to the selloff as it 10 PSEi
continued to trade around the 52-mark. The
Peso is down 4% year to date. FTSE 0
rebalancing mid-month which removed JGS
1995 1998 2001 2004 2007 2010 2013 2016
from its Asia index ex-Japan also affected Calendar Year Returns (%)
the selloff and finally rights offerings from 40%
BPI and MBT as well as a large placement
on AC sapped liquidity from the market. 30%
20%
In economic news, February inflation
10%
continued its sharp rise at 4.5% versus
4.2% estimated. While the figure breached 0%
the BSP's target range, BSP Governor -10%
Espenilla said that they expect inflation to 2017 2016 2015 2014 2013 2012 2011
taper off later in the year and intend to keep PEFI 23.30% -1.33% -9.17% 28.68% 0.87% 33.69% 6.12%
interest rates steady. PSEI 25.11% -1.60% -3.85% 22.76% 1.33% 32.95% 4.07%

While sentiment and valuations have Volatility of Returns / Annual Standard Deviation (+/-,%)²
weakened, we note that macro 25%
20%
fundamentals of the country remain intact. 15%
10%
The Fund lost 4.87% for the month, 5%
outperforming the benchmark by 0.98%. 0%
YTD 2017 2016 2015 2014 2013 2012 2011
PEFI 14.99% 10.08% 15.77% 13.66% 11.16% 18.79% 13.79% 17.35%
PSEI 17.00% 12.02% 18.69% 14.90% 12.41% 23.57% 14.68% 18.43%
¹ Since launch date as of May 2, 1994 ² Standard deviation measures the degree to which the Funds' return fluctuates over time. The higher the number, the more volatile.
Disclaimer: The information contained herein is the property of Philequity Management, Inc. and may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Philequity or its
content provider are responsible for any damages and losses arising from any use of this information. Opinions expressed herein may change without prior notice. Past performance is not a guarantee of future
results. Investing in mutual funds involves risk and possible losses of principal. Mutual funds are not desposits and not guaranteed by the Philippine Deposit Insurance Corporation. Consult a professional before
investing. For inquiries, please contact Philequity Management, Inc.
Philequity Management, Inc.