Highest liquidity and safety for your dollar investments
Investment Objective
The Fund aims to preserve capital and generate income by investing in low-risk 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 safe and liquid investments with yields relatively higher than those of US Dollar 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 | BDODMMF PM |
| Fund Type | Money Market Fund |
| Inception Date | April 29, 2005 |
| Benchmark | US Dollar Time Deposit Rate |
| Initial NAVpU | US$ 100.00 |
| Minimum Investment | USD 500.00 |
|
Minimum Additional / Minimum Maintaining Participation |
USD 500.00 |
| Minimum Holding Period | None |
| Early Redemption Fee | None |
| Management Fee | 0.50% p.a. |
| 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 | Standard Chartered Bank, Citibank |
| External Auditor | Punongbayan & Araullo |