Notice to the Participants of BDO UITFs
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
As a multi-class fund, the Fund has two (2) classes: (1) Retail Unit Class (R); and (2) Merit Unit Class (I). Participation in the Fund’s Classes shall be open to 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.
The Retail Unit Class (R) shall be made available for investment of retail investors of BDO through its branches or through its digital portals.
The Merit Unit Class (I) shall be made available to Retirement Plans with existing investment management accounts (IMA) or trust and other fiduciary accounts (TA) with the Trustee or its subsidiaries.
Fund Facts
| Retail Unit Class (R) | Merit Unit Class (I) | |
| Bloomberg Ticker | BDOPFIF PM | BDOPBFM PM |
| Fund Type | Fixed Income Fund | |
| Inception Date | April 29, 2005 | February 11, 2022 |
| Benchmark | Markit iBoxx ALBI Philippine 1-5 (Domestic) Index | |
| Initial NAVpU | PhP 1,000.00 | 2,347.9797 |
| Minimum Investment / Minimum Additional | PhP 10,000.00 | PhP 1,000.00 |
| Minimum Maintaining Participation | PhP 10,000.00 | None |
| Minimum Holding Period | 30 calendar days | None |
| Early Redemption Fee | 0.50% of Original Participation Amount | None |
| Management Fee | 1.00% p.a. | 0.825% 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:
1. The BDO Peso Fixed Income Fund was renamed as the new BDO Peso Bond Fund effective February 10, 2017.
2. Outstanding participants of the BDO Peso Bond Fund (prior to the Fund’s conversion to a multi-class structure) are considered as participants of the Retail Unit Class (R) upon the Fund’s conversion into a multi-class fund.