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| ABF PHILIPPINES BOND INDEX FUND
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| INVESTMENT OBJECTIVE
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| The Fund intends to achieve for its Participants investment returns that closely track the iBoxx® ABF Philippines Index.
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| INVESTMENT POLICY
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| The Fund shall invest only in a diversified portfolio of peso-denominated sovereign and quasi-sovereign bonds which include Fixed Rate Treasury Notes or Bonds, Zero coupon Notes or Bonds, among others.
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| METHOD OF ASSET VALUATION
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| Investments shall be valued daily based on the marked-to-market method of asset valuation. Under the marked-to-market valuation method, the prevailing market prices of the various securities are used as basis for determining the Net Asset Value of the Fund. As such, the NAV of the Fund is subject to periodic fluctuations. Over time, however, the medium-term to long-term investor should see a smoothening-out of the rate of return on his investment.
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| PRODUCT FEATURES
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| Base Currency:
| Philippine Peso
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| Minimum Initial Investment:
| P50,000.00
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| Minimum Transaction Amount:
| P10,000.00
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| Period after which transaction
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| cost/redemption fee is waived:
| 90 days
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| Fund Manager:
| Bank of the Philippine Islands
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| Management Fee:
| 0.252% p.a.
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| Trust Fee:
| 0.08% p.a.
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| Trustee and Custodian:
| HSBC
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| Early Redemption Fee (within 90 days):
| 1.0% flat
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| Interested to avail of one of our BPI Investment Funds? Please visit the BPI Branch nearest you.
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