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 | |
|---|---|
| Inception Date | March 23, 2012 |
| Currency | US Dollar (USD) |
| Risk Profile | Conservative to 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 | 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 | ||
|---|---|---|---|
| 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% | ||