Earn higher yields from short to medium term bonds.
The Fund aims for capital preservation and income generation by investing in short to medium-term bonds and other similar fixed income securities.
The following are the investment outlets where the Trustee may invest the Fund in, depending on their availability or other market circumstances: 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, exchange-listed fixed income securities, collective investment plans of the trustee/other trustees and such other tradable investment outlets/categories allowed for UITFs by BSP and approved by the Trustee’s Trust Committee as suitable for the Fund. The Fund may also avail itself of financial derivative instruments solely for the purpose of hedging risk exposures, subject to the guidelines set by the BSP for such activities and likewise duly approved by the Trustee’s Trust Committee.
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 due to the nature of the Fund’s investments. 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.
|Bloomberg Ticker||BDOPBF <Index>|
|Fund Type||Intermediate Term Bond Fund|
|Inception Date||April 1, 2005|
|Benchmark||HSBC 1-3 Yr Bond Index|
|Par Value||PhP 1,000.00|
|Minimum Investment||PhP 100,000.00|
|Minimum Additional||PhP 100,000.00|
|Minimum Holding Period||30 calendar days|
|Early Redemption Fee||0.50% of Original Participation Amount|
|Management Fee||0.75% p.a.|
|Time NAVpU Computed||Every trading day at 7:00 p.m.|
|Dealing Period||Up to 12:00 noon 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|