GSIS

A government owned and controlled corporation (GOCC) of the Philippines.

Created by Commonwealth Act No. 186 passed on November 14, 1936.
Mandated to provide and administer the following social security benefits for
government employees:
- compulsory life insurance
- optional life insurance
retirement benefits
disability benefits for work-related contingencies
death benefits
It is also entrusted with the administration of the General Insurance Fund
by virtue of R.A. 656 of the Property Insurance Law. It provides insurance
coverage to assets and properties that have government insurable
interests.
Active GSIS members are entitled to the following loan privileges: salary
loan, policy loan, and emergency loan.
----------------------------------------------------------------------------------------------Investment Companies
These are issuers of securities primarily engaged in the business of investing
or trading in securities.
There are two types of investment companies:
- The open-end company, also known as the mutual fund, is an
investment company which is offering for sale or has outstanding
redeemable securities of which it is the issuer.
- The close company is a regulated investment company that issues a
fixed number of shares which are listed on a stock market. The shares
issued here are not redeemable.
Examples of Investment Companies:

Sun Life Prosperity Phil. Equity Fund, Inc.

Cocolife Fixed Income Fund, Inc.

Securities Dealers and Brokers

Securities Dealer means any person who buys and sells securities for
his/her own account in the ordinary course of business (for profit).

Securities Broker is a person engaged in the business of buying and selling

securities for the account of others (for commission).

Examples of Securities Dealers and Brokers:

BDO Securities Corporation

BPI Trade