BDO Institutional Cash Reserve Fund

 

The investment option when safety and liquidity are the main considerations.

Investment Objective


The Fund aims to achieve mobilization of peso denominated investible funds to provide liquidity and a diversified portfolio of prudently selected highly liquid government securities, deposits and other fixed-income instruments with low price volatilities and a portfolio weighted average life of not more than one (1) year.

The Fund aims to provide participants with a parking facility for their excess cash.

Investment Policy


The Fund may invest in deposits in the Trustee’s bank or in other banks, securities issued or guaranteed by the Philippine Government or the BSP, tradable securities issued by any supranational entity and exchange-listed fixed income securities.  Subject to BSP guidelines and the Trustee's Trust Committee approval, the Fund may also avail itself of  financial derivative instruments solely for the purpose of hedging risk exposures, as well as invest in other tradable outlets/categories as may be deemed suitable for the Fund.
 

Client Suitability

The participation in the Fund shall be open to any participants with existing investment management accounts or trust and other fiduciary accounts with the Trustee or its subsidiaries. The Fund is suitable for participants with moderate risk appetite and who are looking for safe and liquid investments with yields relatively higher than those of savings and time deposit accounts.

In order to minimize risks and maximize earning potential, participants/trustors are recommended to stay invested in the Fund for at least six (6) months. 


Fund Facts

Bloomberg Ticker BDOICRF PM
Fund Type Money Market Fund
Inception Date November 25, 2011
Benchmark Bloomberg Ave. 30-day Special Savings Rate
Initial NAVpU Php 100.00
Minimum Investment None
Minimum Additional/Maintaining Participation None
Minimum Holding Period None
Early Redemption Fee None
Management Fee 0.00% p.a.
(As the Fund will be used as an investment outlet for the existing investment management accounts or trust and other fiduciary accounts of the Trustee or its subsidiaries, the fees under such accounts will apply.)
NAVpU Availability Every trading day at 4:00 p.m.
Dealing Period Up to 11:30 a.m. of any banking day
Settlement Period After 4:00 p.m. on the same banking day the notice of redemption is received
Custodian Deutsche Bank AG, Manila Branch
External Auditor Punongbayan & Araullo

 

Protect your greatest asset by partnering with the market leader

Your employees are your company’s most valuable asset. It is only right to take care of them, and to empower them to build a good life after retirement.

 

However, establishing a corporate retirement program can seem overwhelming. That’s where the BDO Trust and Investments Group (BDO Trust) can help you. Armed with unparalleled experience in this field, we will find ways to develop the right retirement program that addresses your company’s unique needs.

 

If you want to learn more, please leave your details below. A BDO Trust Account Officer will reach out to you soon.

 

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