NOTICE TO THE PARTICIPANTS OF BDO PESO BALANCED FUND
NOTICE TO THE PARTICIPANTS OF BDO PESO BALANCED FUND
July 14, 2023
Amendments to the BDO Peso Balanced Fund
Dear Valued Investor,
We wish to inform you that the BDO Trust Committee, on its meeting held on June 26, 2023, has approved the following amendments to the Plan Rules of BDO Peso Balanced Fund (the “Fund”) and this shall take effect on September 1, 2023:
from
to
Fund Name
BDO Peso Balanced Fund
BDO Peso Multi-Asset Fund
Fund Type
Balanced Fund
Multi-asset Fund
Investment Objective
The objective of the Fund is to achieve capital appreciation over the medium-term through prudent investment management. The Fund intends to achieve this objective by investing in a portfolio of equity securities and short to long-term fixed-income securities. The allocation for equity securities shall be between 40% to 60% of the portfolio or any other allocation range that may be prescribed by the Trust Officers Association of the Philippines (TOAP) in consultation with the regulatory authority/ies.
The objective of the Fund is to achieve capital appreciation over the medium-term through prudent investment management and dynamic asset allocation. The Fund intends to achieve this objective by investing in a diversified portfolio of peso-denominated short to long-term fixed income securities, equity securities, and other allowable investments for UITFs. The allocation for equity securities shall not exceed 80% of the total portfolio of the Fund.
Currently, the Fund invests 40% to 60% of its portfolio in stocks with the balance invested in fixed income. With the change to a multi-asset fund, the Fund may now invest in a diversified portfolio of fixed income securities, equities and other allowable investments for UITFs. The change in investment objective now allows the fund manager to dynamically adjust its asset allocation, providing more flexibility for the Fund to adapt quickly to changing market conditions and potentially maximizing the investment outcome of the Fund.
We advise you to evaluate these changes carefully. If the Fund remains suitable to your investment profile, there is no need for you to do anything. Your decision to remain invested in the Fund will be deemed as your conformity with the amendments. If this is not the case or you are not in conformity with the above 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 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: BDO Peso Balanced Fund and we will be glad to assist you.
