NOTICE TO THE PARTICIPANTS OF BDO MEDIUM TERM DOLLAR BOND FUND

 

July 1, 2021

Change in Benchmark of BDO Medium Term Dollar Bond Fund

 

 

Dear Valued Investor,

 

 

We wish to inform you that the BDO Trust Committee, on its meeting held on May 29, 2021, has approved the change in benchmark of BDO Medium Term Dollar Bond Fund (the “Fund”) and this shall take effect on August 2, 2021:

 

                                FROM                    Markit iBoxx Philippines USD 3-5 Index

 

                                TO                           Markit iBoxx Philippines USD 1-5 Index

 

 

Please note that the benchmark is a measure that is used to compare the performance of the UITF. As such, this change in benchmark poses no effect on the investment strategy of the Fund nor on the market value of your investments in the Fund. The Fund will continue to be managed in the same way as it is currently being managed, in line with the Fund’s investment objective and policies. The new benchmark will more appropriately reflect the investment strategy of the Fund as it captures a broader portion of the yield curve (1-5 years) as well as the risk-return characteristics of the Fund.

 

We advise you to evaluate this change carefully. If the Fund remains suitable to your investment profile, there is no need for you to do anything. Your decision to remain invested in the Fund will be deemed as your conformity with the amendment. If this is not the case or you are not in conformity with the above amendment, you may get in touch with your Trust Marketing Officer and/or UITF servicing branch on or before July 30, 2021 to discuss other BDO UITFs/investment products that may better match your requirements.

 

For clarifications, please feel free to call us at the following numbers: (02) 8840-7000 locals 34255 / 37026. You may also send us an email at BDOInvest@bdo.com.ph with the subject line: Change in MTDBF Benchmark and we will be glad to assist you.

 

 

Thank you for your continued trust.

 

 

BDO Unibank, Inc. – Trust and Investments Group

As Trustee of BDO Medium Term Dollar Bond Fund