Notice to the Participants of BDO UITFs
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.
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 minimize 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 | 1 year rolling Peso Time Deposit average |
| Initial NAVpU | PhP 1,000.00 |
| Minimum Investment | PhP 10,000.00 |
| Minimum Additional/Maintaining Participation | PhP 10,000.00 |
| 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 P1,000 per contribution |