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Odyssey Peso Bond Fund

 

ODYSSEY PESO BOND FUND

 

The Odyssey Peso Bond 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 achieve capital appreciation and income growth in Philippine Peso terms over a period of time by investing in a diversified portfolio of Philippine Peso denominated fixed income instruments.

 

Investment Policy 



The Fund aims to outperform its benchmark which is the HSBC Philippines Liquid Bond Index.

 

 

Features of the Fund

Fund Structure:

 Unit Investment Trust Fund (UITF)

Fund Currency:

 Philippine Peso

Launch Date:

 May 5, 2003

Minimum Participation Amount:

 P 10,000.00

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:

 1.0%

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

 

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

16.11%

20.37%

4.79%

0.28%

7.09%

12.88%

14.84%

9.22%

7.00%

4.65%

-0.67%

0.09%

 

 

Configure

 



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