Reading Time: < 1 minuteLong-term Capital Appreciation with FAMI’s Mutual Fund
Balanced Fund
SAVE AND LEARN BALANCED FUND
The investment objective of the Fund is to generate long-term capital appreciation through investment in equity securities and/or in government and corporate debt securities. The Fund will adopt a tactical allocation approach by having the ability to switch between equities, bonds, and cash within the approved allocation by the Commission between equities and fixed-income assets when needed.
OVERVIEW |
Inception Date | May 18, 2007 |
Currency | Philippine Peso (Php) |
Risk Profile | Moderate |
MINIMUM INVESTMENT |
Initial Amount | Php 5,000.00 |
Additional Amount | Php 1,000.00 |
Holding Period | 6 months |
OTHER DETAILS |
Transfer Agent | Metrobank Trust Banking Group |
Custodian Bank | Citibank Philippines |
External Auditors | Sycip, Gorres, Velayo and Company
(SGV & Co.)
|
Management Fee | up to 1.875% per annum |
SALES LOAD | REDEMPTION FEE |
Maximum of 3% | Retention Period | Fee |
| Less than 6 months | 1.00% |
| 6 months and beyond | NIL |