BDO Peso Money Market Fund

 

The investment option when safety and liquidity are the main considerations.

Investment Objective

The Fund aims to preserve capital and generate income from low-risk fixed-income securities 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, 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 itself of  financial derivative instruments solely for the purpose of hedging risk exposures, as well as invest in other tradable 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 savings and time deposit accounts. In order to minmize 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 BDOPMMF PM
Fund Type Money Market Fund
Inception Date April 1, 2005
Benchmark 91-day T-Bill auction rate (net)
Initial NAVpU PhP 1,000.00
Minimum Investment PhP 100,000.00
Minimum Additional/Maintaining Participation PhP 100,000.00
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
Others Available via the Easy Investment Plan (EIP), which allows the build up of funds through regular participation of at least P10,000 per contribution