MOBILE wallet company, GCash, made it possible for ordinary Filipinos to avail of retail investment offers in smaller amounts, for as low as P50, through GInvest, the investment marketplace feature on the app.

Currently, GCash has an existing partnership with ATR Asset Management Group, which manages some of the best-performing funds in the country such as mutual funds, trust assets, insurance portfolios, and real estate for proprietary and third-party clients.

To further broaden its retail investment offerings, GCash recently teamed up with Bank of the Philippine Islands (BPI), one of the biggest banks in the country, to bring more opportunities for users to grow their funds.

Through this partnership with BPI, GCash now gives its users the opportunity to invest in BPI Investment Management Inc.'s (BIMI) ALFM Global Multi-Asset Income Fund (GMAIF) and the Philippine Stock Index Fund under GInvest.

With this, users of GInvest could start investing for as low as P1,000 in ALFM GMAIF, a US dollar-denominated feeder fund that invests at least 90 percent of its assets into a single collective scheme, with investments including fixed income and equities to provide stable stream of dividends and generate long term capital growth. The funds are in turn managed by BlackRock Inc., the world's largest asset manager and one of the leading asset managers globally.

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Aside from the ALFM Global Multi-Asset Income Fund, GInvest users could also place a buy order for as low as P50 in the Philippine Stock Index Fund which tracks the performance of the Philippine Stock Exchange index. Its top holdings include SM, Ayala and BDO. Both BIMI funds are suitable for investors with aggressive risk appetites and have a five-year investment horizon.

Banks and other Electronic Money Issuers (EMIs) have been looking at GCash in expanding their retail investment offerings and is a good indication of the trust placed by local financial institutions in the fintech company.