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Odyssey Philippine Dollar Bond Fund

 

 

ODYSSEY PHILIPPINE DOLLAR BOND FUND

 

The Odyssey Philippine Dollar Bond 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 US dollar terms by investing in a diversified portfolio of US dollar denominated fixed income instruments issued by the Philippine government, corporations, and financial institutions.

 

Investment Policy 



The Fund aims to outperform its benchmark (gross of fees) which is the JP Morgan Chase Asia Total Returns Philippines Index.

 

 

Features of the Fund

Fund Structure:

 Unit Investment Trust Fund (UITF)

Fund Currency:

 US Dollar

Launch Date:

 May 5, 2003

Minimum Participation Amount:

 US$ 500.00

Minimum Additional Investment:

 US$ 100.00

Front-End Fee:

 Maximum of 2% (Please See Table Below)

Minimum Holding Period:

 None

Minimum Redemption Amount:

 US$ 100.00

Redemption Notice Period:

 5 Banking Days

Trust Fee:

 1.25%

Recommended Investment Horizon:

 More than 3 years

Valuation of the Fund:

 Marked-to-Market

Initial Net Asset Value Per Unit:

 US$ 10.00

 

 

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

 

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

16.04%

13.67%

6.42%

12.84%

23.67%

13.74%

9.01%

14.73%

-6.96%

8.78%

2.66%

3.06%

 

 

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