Bonds Denominated in Dollars with FAMI
SAVE AND LEARN DOLLAR BOND FUND
A mutual fund that aims to generate profits from a steady stream of coupon payments by investing in a diversified portfolio of fixed income instruments issued by foreign and local entities. It is ideal for moderate-risk investors who are seeking higher incomes than regular fixed income instruments. Trustors may reduce the risk of their investments by maintaining them for a minimum of three (3) years.
OVERVIEW | |
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Inception Date | March 23, 2012 |
Currency | US Dollar (USD) |
Risk Profile | Conservative to Moderate |
MINIMUM INVESTMENT | |
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Initial Amount | USD 1,000.00 |
Additional Amount | USD 100.00 |
Holding Period | 6 months |
OTHER DETAILS | |
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Transfer Agent | Metrobank Trust Banking Group |
Custodian Bank | The Hongkong and Shanghai Banking Corporation Ltd (HSBC) |
External Auditors | Sycip, Gorres, Velayo and Company (SGV & Co.) |
Management Fee | 1.75% per annum |
SALES LOAD | REDEMPTION FEE | ||
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Investment Amount | Sales Load | Retention Period | Fee |
1,000 – 2,499 | 1.00% | Less than 6 months | 1.00% |
2,500 – 6,999 | 0.50% | 6 months and beyond | NIL |
7,000 and above | 0.00% |