Jump to Navigation

BPI Global Bond Fund-of-Funds

 

BPI GLOBAL BOND FUND-OF-FUNDS

 

The BPI Global Bond Fund-of-Funds is a Unit Investment Trust Fund (UITF) established under the authority of the Bangko Sentral ng Pilipinas (BSP).

 



Management of the Fund


Investment Manager


BPI Asset Management and Trust Group


Partner Institution


PLPI Financials and Insurance Brokers, Inc.


Custodian


Hongkong and Shanghai Banking Corporation Limited

 

Investment Objective 

 

The Fund, operating as a Fund-of-Funds, intends to achieve for its participants capital appreciation and income derived from a diversified portfolio of foreign currency-denominated fixed income collective investment schemes. Pursuant to existing BSP rules and regulations, as a Fund-of-Funds, this Fund is mandated to invest at least 90% of its assets in more than one collective investment scheme.

 

Investment Policy 

 

The Fund aims to provide returns over the JP Morgan Global Aggregate Bond Index.

 



Features of the Fund


Fund Structure:


 Unit Investment Trust Fund (UITF)


Fund Currency:


 US Dollar


Launch Date:


 March 3, 2014


Minimum Participation Amount:


 US$ 500.00


Minimum Additional Investment:


 US$ 200.00


Front-End Fee:


 Maximum of 2% (Please See Table Below)


Minimum Holding Period:


 None


Minimum Redemption Amount:


 US$ 200.00


Redemption Notice Period:


 8 Banking Days


Trust Fee:


 0.75%


Recommended Investment Horizon:


 At Least 3 years


Valuation of the Fund:


 Marked-to-Market


Initial Net Asset Value Per Unit:


 US$ 100.00

 



Features of the Fund


Fund Currency:


US Dollar


Benchmark*:


JP Morgan Global Aggregate Bond Index


Foreign Fund Manager:


Neuberger Berman

 



Front-End Load / Fee (Exclusive of EVAT)


Amount of Investment


Front-End Fee


100 - 4,999


2.00 %


5,000 - 14,999


1.75 %


15,000 - 24,999


1.50 %


25,000 - 34,999


1.25 %


35,000 - 49,999


1.00 %


50,000 - up


0.75%

 

Historical Return



2012


2013


2014


2015


2016


5.19%


-0.84%


1.89%


1.30%


2.90%

Configure



Main menu 2

Page | by Dr. Radut