Infinity Peso Money Market Unit Investment Trust Fund (UITF)
Product Description and Customer Suitability
A peso-denominated money market unit investment trust fund that aims to provide investors with enhanced yields for their short-term liquidity needs by investing in a diversified portfolio of short-term, highly liquid fixed-income securities, term deposits and other money market instruments. It is ideal for investors and corporate clients with short-term investment requirements. Minimum placement amount is P100,000.00 with no minimum holding period. Trust fee rate applicable is 1.5% p.a. Investment proceeds are computed net of trust fees plus service charge of P100 per withdrawal. Portfolio duration is one year or less.
NAVPU as of March 30, 2007:
Yield from launch: March 1, 2007 to March 30, 2007: