E. Invesment Companies

Question 1

means any
issuer which is or holds itself out as
being engaged primarily, or proposes
to engage primarily, in the business of
investing, reinvesting, or trading in
securities

Answer 1

INVESTMENT
COMPANY

Question 2

The investment Company act also known as

Answer 2

Republic Act No.2629

Question 3

The securities Regulation Code also know as

Answer 3

Republic Act No. 8799

Question 4

• Investment Company Act (ICA)
• Securities Regulation Code (SRC)
• Rules and Regulations (IRR)
• registration
  statement that has been declared effective by SEC

Answer 4

TYPES OF SECURITIES MAY BE ISSUED BY AN
INVESTMENT COMPANY

Question 5

What is the type of securities may be issued by an investment company:

Answer 5

• the Investment Company Act (ICA)
• Securities Regulation Code (SRC)
• Implementing Rules and Regulations (IRR)

Question 6

Form Type:

REQUIREMENTS FOR REGISTRATION OF INVESTMENT COMPANIES

Answer 6

1) SEC FORM ICA 7-A*
2) SEC FORM 12-1-ICA

Question 7

Supporting Documents:

Answer 7

Prospectus,
Product Highlight Sheet,
Financial Statements
and Exhibits

Question 8

No. of Copies:

Answer 8

One (1) manually signed copy, three (3) conformed copies

Question 9

Paper Size:

Answer 9

A4 Size Paper or /8 ½ x 11 inches

Question 10

License Fee to operate as an Investment Company :

FILING FEE

Answer 10

Basic fee = 10,000.00
Legal Research fee = 100.00

Question 11

The registreation of units of participation of an investment company:

Answer 11

Basic fee = 10,000.00
Legal Research Fee = 100.00
Documentary Stamp Tax = 30.00

Question 12

HOW LONG IS THE PROCESSING
OF APPLICATION?

Answer 12

Within forty-five (45) days after the date of filing of the registration
statement,

Question 13

means an investment company which is
offering for sale or has outstanding any redeemable security of
which it is the issuer

Answer 13

Open-end company

Question 14

company means any investment company other
than an open-end company. (Sec. 5, Republic Act No. 2629 or
Investment Company Act)

Answer 14

Close-end Company

Question 15

shall refer to an Investment Company with the objective to
invest predominantly in or hold equity instruments.

AN INVESTMENT COMPANY MAY BE

Answer 15

Equity Fund

Question 16

Shall refer to an Investment Company which invests in fixed income instruments such as bonds, treasury bills,
certificates of deposit, promissory notes, bills of exchange, debentures, etc. It
should not invest in shares, except redeemable preferred shares, or share
warrants

Answer 16

Bond Fund or Fixed Income Fund

Question 17

shall refer to an Investment Company that invests in both
equity and fixed income instruments.

Answer 17

Balanced Fund

Question 18

The respective investments in either
equity or fixed income shall not be less than (balanced Fund)

Answer 18

thirty five percent (35%) but not
more than sixty five percent (65%) of the NAV of the Investment Company

Question 19

Shall refer to an MFC that invests at least ninety percent
(90%) of its net assets in a single CIS established by another Fund Manager,
asset management company or fund operator.

Answer 19

Feeder Fund

Question 20

shall refer to an MFC(Management Financial Company) that invests at least fifty percent
(50%) of its net assets in more than one (1) CIS established by another Fund
Manager/s, asset management company/ies or fund operator/s.

Answer 20

Fund-of-Funds

Question 21

shall refer to an Investment Company with an objective of
providing investors with a return that replicates or is linked to securities
indices as disclosed in its prospectus.

Answer 21

Index Fund

Question 22

shall refer to an Investment Company that
invests in short-term fixed income securities with a portfolio duration of
one (1) year or less

Answer 22

Money market funds

Question 23

shall refer to an MFC that
invests in a fixed or variable mix of both equity and fixed income
instruments, as well as cash and cash-equivalents

Answer 23

Multi-asset/Asset Allocation Fund

Question 24

The main business of an investment company is to

Answer 24

** hold
and manage securities** but
they typically offer investors a variety of funds and
investment services

Question 25

offer investors a variety of funds and
investment services:

Answer 25

portfolio
management,
recordkeeping,
custodial, legal,
accounting,
and tax management services

Question 26

There are — registered and active Investment Companies in the
Philippines as of —–

Answer 26

78 registered and june 30 2024.