Product Description
The Dollar Prime Fund is a US Dollar denominated fixed income UITF offer exclusively to Philippines Retirement Authority (PRA) – referred overseas Filipino and foreign nationals applying for Specials Resident Retiree's Visas in the country. Because clients' placement are pooled into one single Fund, the Fund can provide better returns to its participants considering the Fund can negotiate for higher rates for its dollar investments. The fund is also considered risk-free because it is invested strictly in dollar time deposits and specials savings accounts. As it does not invest in bod securities, it is not subject to mark-to-market risk.
Historical Performance:
NAVPU as of March 30, 2007:
Yield from March 1, 2007 to March 30, 2007:
$ 101.5805
.5350%
Portfolio Mix
Peso Savings Deposit
0.66%
Participation in SDA
99.34%
100.00%
Value of Your Investment
To obtain the market value of your investment as of March 30, 2007 simply multiply the number of units as shown in the Certificate of Participation by the net Asset Value per unit of $ 101.5805. To get the Maturity value of your investment at any date, you can also use our Trust Calculator to compute for the present value.