What is the PSEI?
The PSEI index, or Philippine Stock Exchange Index, is the primary stock market index in the Philippines. It measures the performance of the top 30 publicly traded companies based on market capitalization, representing diverse sectors of the Philippine economy, such as finance, utilities, telecommunications, and consumer goods.
The PSEI index serves as a benchmark for investors to assess the overall performance of the Philippine stock market, providing a reliable gauge of the market’s trends and movements.
How Can You Invest in the PSEI?
You can start investing in the PSEI by buying shares in an exchange-traded fund that mirrors the index like the FMETF. The First Metro Philippine Equity Exchange-Traded Fund (FMETF) is an exchange-traded fund that mirrors the PSEI index. The FMETF invests in the same 30 companies that make up the PSEI index, offering investors an opportunity to gain exposure to these companies with a single investment.
The FMETF provides investors with a low-cost, diversified investment vehicle that can help them track the performance of the Philippine stock market. As a passively managed fund, the FMETF aims to replicate the returns of the PSEI index, making it an attractive option for investors seeking a convenient and efficient way to invest in the Philippine stock market.