BDO PERA Bond Index Fund

 

 

Investment Objective

The Fund aims to achieve investment returns that closely track the total return of the Markit iBoxx ALBI Philippines 1-5 (Domestic) Index, by investing in a diversified portfolio of peso-denominated bonds.
 

Investment Policy

The Fund may invest in exchange-listed fixed income securities, deposits in the Trustee’s bank or in other banks, securities issued or guaranteed by the Philippine Government or the BSP and tradable securities issued by any supranational entity. 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 allowed for Personal Equity and Retirement Account (PERA) UITFs as may be deemed suitable for the Fund.
 

Client Suitability

Participation in the Fund shall be open to Participants who are (a) individuals; (b) have legal capacity to contract; (c) who have a Philippine Tax Identification Number (TIN); and (d) whose funds are in a PERA. The Fund is suitable for Participants with a moderate risk profile 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 are recommended to stay invested in the Fund for at least three (3) years. The Fund is not suitable for short-term investing.
 

Fund Facts

Bloomberg Ticker BDOPBIF PM
Fund Type Medium Term Bond Fund
Inception Date June 27, 2017
Benchmark Markit iBoxx ALBI Philippines 1-5 (Domestic) Index
Initial NAVpU PhP 100.00
Minimum Investment PhP 1,000.00
Minimum Additional /
Minimum Maintaining Participation
PhP 1,000.00
Minimum Holding Period 30 calendar days
Early Redemption Fee 1.00% 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