Notice to the Participants of BDO Unit Investment Trust Funds
NOTICE TO THE PARTICIPANTS OF BDO UNIT INVESTMENT TRUST FUNDS
July 14, 2023
Various Amendments to the BDO Unit Investment Trust Funds
Dear Valued Investor,
We wish to inform you that the BDO Trust Committee, on its meeting held on June 26, 2023, has approved to implement routine updates in the BDO Unit Investment Trust Funds’ (Fund/s) Plan Rules primarily in compliance with recent regulatory changes, as well as align with industry developments and Trustee’s policies. These changes shall take effect on September 1, 2023.
The summary of changes is listed in Annex A. We advise you to evaluate these changes carefully. If the Fund/s remain/s suitable to your investment profile, there is no need for you to do anything. Your decision to remain invested in the Fund/s will be deemed as your conformity with the amendments. If this is not the case or you are not in conformity with the amendments, you may get in touch with your UITF Servicing Branch on or before August 31, 2023 to discuss other BDO UITFs/investment products that may better match your requirements. Early redemption and/or non-completion fees, if any, shall be waived if redemption orders are made prior to the effectivity date.
For clarifications, please feel free to call BDO Contact Center at (02) 8631-8000 or email trustcustomercare@bdo.com.ph with the subject line: Various amendments to BDO UITFs and we will be glad to assist you.
