First Philippine Fund is a closed-end investment company seeking long term capital appreciation primarily through investment in equity securities of Philippine companies. The Philippine market has been caught up in the economic crisis that has hit South East Asia. The confident investor can pick up bargains as others run for cover. When significant corrections have occurred it can be a buying opportunity, the key is identifying the real bottom in the market and only buying after this point. This page only represents the views of the author and should in no way be taken as professional investment advice.
Stocks can go down as well as up.
Any investment should only be made after careful analysis of the company and the current economic conditions.