Senator Alan Peter Cayetano on Tuesday suggested creating the sovereign fund first before establishing the Maharlika Investment Corporation (MIC).   "Given the doubts, given the criticisms, the administrative [work], and putting the money together, you could create in two [or] three months the Maharlika Fund in the existing funds, then test it a year or three years already," Cayetano said in an interview with reporters.   "So by that time, midterm pa lang, 2026, kung talagang nagwo-work at talagang maganda at nakikinabang ang Pilipino, it would be an easy way to pass the corporation," he added.   (So by that time, around midterm in 2026, if it works and is proven beneficial to Filipinos, it would be easy to pass the corporation.)