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 |