Maximize current yields from a portfolio of peso fixed-income investments.
Investment Objective
The Fund aims to provide a high level of income with preservation of capital and maintenance of liquidity by investing in a combination of short to long-term fixed-income securities.
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 of financial derivative instruments solely for the purpose of hedging risk exposures, as well as invest in other tradable investment outlets/categories as may be deemed suitable for the Fund.
Client Suitability
The Fund is suitable for individual and corporate investors with moderate risk appetite and who are looking for higher yields and are willing to take the attendant risks that come with portfolios that may have investments with longer tenors. In order to minimize risks and maximize earning potential, participants/trustors are recommended to stay invested in the Fund for at least three (3) years.
Fund Facts
| Bloomberg Ticker | BDOPFIF PM |
| Fund Type | Medium Term Bond Fund |
| Inception Date | April 29, 2005 |
| Benchmark | Markit iBoxx ALBI Philippines 1-5 (Domestic) Index |
| Initial NAVpU | PhP 1,000.00 |
| Minimum Investment | PhP 10,000.00 |
| Minimum Additional / Minimum Maintaining Participation | PhP 10,000.00 |
| Minimum Holding Period | 30 calendar days |
| Early Redemption Fee | 0.50% of Original Participation Amount |
| Management Fee | 1.00% p.a. |
| NAVpU Availability |
Every trading day at 7:30 p.m. |
| Dealing Period |
Up to 2:30 p.m. of any banking day |
| Settlement Period | One (1) banking day after notice of redemption is received |
| Custodian | Standard Chartered Bank, Citibank |
| External Auditor | Punongbayan & Araullo |
| Others | Available via the Easy Investment Plan (EIP), which allows the build up of funds through regular participation of at least P1,000 per contribution |
Note: The BDO Peso Fixed Income Fund was renamed as the new BDO Peso Bond Fund effective February 10, 2017.