BDO Peso Bond Fund

 

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 Philippine 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.