What is ALFM money market fund?
The Fund aims to achieve preservation of capital and stable income by investing in a diversified portfolio of Philippine Peso denominated short-term fixed income and money market instruments.
How much is the management fee of ALFM peso bond fund?
1.00% p.a.
Benchmark
| Investor Type | Moderately Conservative |
|---|---|
| Minimum Transaction Amount/Minimum RSP Amount | PHP 1,000 |
| Minimum Holding Period | 90 calendar days |
| Early Redemption Fee | 1% of the redemption amount |
| Management and Advisory Fee | 1.00% p.a. |
How long is the holding period of the ALFM USD Bond fund and ALFM Global Multi Asset Income fund?
180 days
The Fund is ready to redeem, at the applicable Net Asset Value per Unit, all or any part of the Units standing in the name of a unitholder in the Fund. Unless redeemed earlier than the minimum holding period of 180 days when an Early Redemption Fee of 1% will apply, there is no redemption fee.
Who is the fund manager of ALFM mutual funds?
BPI Investment Management, Inc.
BPI Investment Management, Inc. (BIMI) is the Fund Manager, Principal Distributor & Transfer Agent of the ALFM Mutual Funds and is responsible for formulating and executing the Fund’s investment strategy.
How much is the minimum investment in the ALFM Global Multi Asset income fund USD Class?
Investment Objective
| Investor Type | Aggressive |
|---|---|
| Minimum Transaction Amount/Minimum RSP Amount | PHP 1,000 |
| Minimum Holding Period | 180 calendar days |
| Early Redemption Fee | 1% of the redemption amount |
| Management and Advisory Fee | 1.00% p.a. |
What is ROI in Uitf?
The computed Return on Investment (ROI) and market value may differ relative to your actual ROI. This calculator will only give the indicative yield of your investment. Fees and rounding-off rules are just some factors that may affect the actual results of your investments.
Does BPI have mutual funds?
BPI INVEST FUNDS BPI Asset Management and Trust Corporation offers the widest selection of collective investment schemes that pool the money of a large number of investors with the same investment objective, to purchase a portfolio of money market, bond and equity securities.
How much should I invest in Uitf?
Some UITFs require a minimum amount of P1,000. Compared to other forms of investments that require capital in the hundreds of thousands of pesos, this initial capital is much more doable for young professionals and fresh graduates looking to get a head start on their investment as soon as they get their first paycheck.
What is the best Uitf in BPI?
Top 15 Best Performing UITF Equity Funds in the Philippines in 2022:
- Manulife American Growth Equity Feeder Fund (Php Unhedged Class A) 28.50%
- PNB High Dividend Fund 8.32%
- AUB Equity Investment Trust Fund 4.96%
- China Bank High Dividend Equity Fund 4.69%
- BDO ESG Equity Fund 3.79%
- China Bank Equity Fund 3.49%