Retail and Qualified investors are two types of "individual" (non-institutional, non-corporate, natural person) investor classes in the Philippines.
In some other countries, you'll hear the term alternatively referred to as "professional" or "accredited", meaning the same. The main differences between Retail and Qualified investors are as follows:
For more information on getting Qualified, read our Learn page article on The Qualified Investor Registration Process.
*(ESDC) Eastern Securities Development Corporation is a duly authorized registrar licensed to issue and maintain records of Qualified Buyer certifications. QB Certification issued by ESDC may be recognized by other entities that require such designation or certifications.