BDO PERA Short Term Fund

 

 

Investment Objective

The Fund aims for capital preservation, income generation and liquidity from low-risk investments with a portfolio weighted average life of not more than one (1) year.

 

Investment Policy

The Fund may invest in deposits in the Trustee’s bank or in other banks and BSP Special Deposit Accounts. Subject to BSP guidelines and the Trustee's Trust Committee approval, the Fund may also 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 conservative risk profile and who are looking for liquid investments with yields relatively higher than those of savings and time deposit accounts. In order to minimize risks and maximize earning potential, Participants are recommended to stay invested in the Fund for at least six (6) months.

 

Fund Facts

Bloomberg Ticker BDOPSTF PM
Fund Type Money Market Fund
Inception Date June 27, 2017
Benchmark 91-day Treasury Bills
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 0.50% of the Original Participation Amount
Management Fee 0.50% p.a.
NAVpU Availability Every trading day at 7:30 p.m.
Dealing Period Up to 12:00 n.n. 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