Reading Time: < 1 minuteBonds Denominated in Dollars with FAMI
SAVE AND LEARN DOLLAR BOND FUND
The Dollar Bond Fund is a moderate type of fund that aims to generate a steady stream of income by investing in a diversified portfolio of tradable securities issued by foreign and local entities. The Fund may adopt the structure of Fund-of-funds.
OVERVIEW |
Inception Date | March 23, 2012 |
Currency | US Dollar (USD) |
Risk Profile | Moderate |
MINIMUM INVESTMENT |
Initial Amount | USD 1,000.00 |
Additional Amount | USD 100.00 |
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 1.75% per annum |
SALES LOAD | REDEMPTION FEE |
Maximum of 3% | Retention Period | Fee |
| Less than 6 months | 1.00% |
| 6 months and beyond | NIL |