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Odyssey Diversified Balanced Fund

Odyssey Diversified Balanced Fund

 

The Odyssey Diversified Balanced Fund (the “Fund”) 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 objective of the Fund is to pursue long-term capital and income growth by investing in a diversified portfolio of fixed income and equity securities.

 

Investment Policy 



The Fund aims to outperform its benchmark (gross of fees) which is a combination of 50% HSBC Philippines Liquid Total Return Bond Index and 50% Philippine Stock Exchange Index (PSEi). Prior to January 1, 2007, the Fund was benchmarked against a composite index consisting of 50% HSBC Philippines Local Bond Index and 50% PSEi.

 

 

Asset Allocation

Asset Class

 InvestmentRange (%)

Domestic Bonds

 40% - 70%

Domestic Equities

 30% – 60%

Cash

 0% – 30%

 

 

Features of the Fund

 Fund Structure:

Unit Investment Trust Fund (UITF)

 Fund Currency:

Philippine Peso

 Launch Date:

May 12, 2006

 Minimum Participation Amount:

P 5,000.00

 Minimum Additional Investment:

P 5,000.00

 Front End Fee:

Maximum of 2% (Please See Table Below)

 Minimum Holding Period:

None

 Minimum Redemption Amount:

P 5,000.00

 Redemption Notice Period:

5 Banking Days

 Trust Fee:

1.50%

 Recommended Investment Horizon:

More than 3 years

 Valuation of the Fund:

Marked-to-Market

 Initial Net Asset Value Per Unit:

P 100

 

 

Front-End Load / Fee (Exclusive of EVAT)

Amount of Investment

Front-End Fee

5,000 - 99,999

2.00 %

100,000 - 299,999

1.75 %

300,000 - 499,999

1.50 %

500,000 - 699,999

1.25 %

700,000 - 999,999

1.00 %

1,000,000 - up

0.75%

 

Historical Return

 

2006*

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

16.44%

11.90%

-37.28%

43.51%

29.42%

12.65%

16.00%

-12.32%

11.44%

-3.07%

-1.7%

* May to December 2006

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