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INFINITY PESO LONG TERM BOND FUND UITF |
| Product Positioning: |
A peso-denominated fixed-income unit investment trust fund that aims to maximize the returns of the investors by investing in a diversified portfolio of deposits and tradable investment-grade debt securities issued by the Philippine government and corporations. Portfolio duration is more than 5 years. |
| Target Market: |
Retail investors who are seeking for higher returns at relatively moderate price volatility. It is ideal for investors with long term investment horizon. |
| Investment Horizon: |
Long-term investment horizon (at least 1 year) |
| Product Benefit: |
Minimal Investment Requirement
Opportunity for capital gain
Diversified Investment Portfolio
Liquidity
Easy Monitoring
Professional Management of Fund
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All Unit Investment Trust Funds (UITFs) are regulated by the Bangko Sentral ng Pilipinas.
UITF investments are not insured with the PDIC and do not carry a guaranteed rate of return.
Past performance is not necessarily a guide to future performance. All gains and losses
are solely for the account of the investor.
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| PRODUCT FEATURES: |
| Minimum Initial / Additional Participation: |
One Hundred Thousand Pesos (P100,000.00) |
| Holding Period: |
Minimum holding period of one hundred eighty (180) days. The holding period is not equivalent to a maturity period. After the holding period, clients can withdraw anytime. If no withdrawal is made after the holding period, funds will continue to be invested in the UITF. |
| Investment Portfolio: |
Government Securities, deposits and other tradable instruments |
| Valuation Method: |
Mark-to-market value of the Fund re-valued daily less fees and applicable taxes. |
| Return |
Always based on current NAVpu; BSP prohibits the guaranteeing of yields for UITFs |
| Basis for Investment Valuation |
Prevailing NAVPU X No. of Units |
| Modes of Acceptance: |
Peso Notes, Managers Check, Debit from SA/CTD, Corporate Check. |
| Documentation: |
1. Official Receipt/Debit Memo
2. Certificate of Participation
(to be issued next day per placement)
3. Trust Agreement (one time issuance)
4. Signature Cards (per account)
5. Investor Risk Profiling Questionnaire
(one time submission)
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| CHARGES AND FEES: |
| Trust Fee: |
1% p.a. based on the total market value of the Fund. Investment proceeds are computed net of trust fees. |
| Withholding Tax: |
20% final withholding tax on interest income
(NAV is already net of tax) |
| Early Redemption Fee: |
50% of earnings |
| Cut-off Time for Investments and Withdrawals |
Acceptance and Withdrawal of investments shall be accommodated during regular trading hours of 9:00 a.m to 12:00 ONLY; Withdrawals require one day notice prior to settlement; (3 days prior notice maybe required if fund liquidity so requires) |
