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Odyssey Peso Medium Term Bond Fund

 

ODYSSEY PESO MEDIUM TERM BOND FUND

 

The Odyssey Peso Medium Term Bond Fund (the “Fund”), formerly known as the Odyssey Peso Income 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 generate income by investing in a diversified portfolio of Philippine peso-denominated sovereign and corporate fixed income securities.

 

Investment Policy 

 

The Fund aims to outperform its benchmark which is the BPI Philippine Government Bond Index 1-5 Year Index.

 



Features of the Fund


Fund Structure:


 Unit Investment Trust Fund (UITF)


Fund Currency:


 Philippine Peso


Launch Date:


 October 1, 2007


Minimum Participation Amount:


 P  5,000.00


Minimum Additional Investment:


 P  1,000.00


Front-End Fee:


 Maximum of 2% (Please See Table Below)


Minimum Holding Period:


 None


Minimum Redemption Amount:


 P 1,000.00


Redemption Notice Period:


 2 Banking Days


Trust Fee:


 1.0%


Recommended Investment Horizon:


 At Least 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 Returns

 



2007


2008


2009


2010


2011


2012


2013


2014


2015


2016


2.01%*


4.02%


6.30%


7.48%


7.16%


4.36%


3.64%


1.62%


0.90%


2.18%

*Returns from Oct. 1, 2007 to Dec. 28, 2007

Configure



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