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INFINITY PESO TRUST MAXIMIZER UITF |
| Product Positioning: |
A Fixed-Income Unit Investment Trust Fund, the Peso Trust Maximizer UITF is a retail investment alternative with potential to earn yields higher than the traditional bank deposit. Customer suitability is advised. |
| Target Market: |
Ideal for small to medium-sized investors who are looking for a high yield at relatively low price volatilities and should be willing to put in for a medium to long term duration. |
| Product Disclaimer: |
1. The UITF is not a deposit product, so investments are not PDIC insured;
2. The UITF's assets are marked-to-market daily and as such, asset value per share may fluctuate according to most recent market prices;
3. Past historical performance of the UITF is not reflective of future performance of the funds. The UITF does not guarantee a fixed rate of return to client.
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| Product Benefit: |
Minimal Investment Requirement
Opportunity for capital gain
Diversified Investment Portfolio
Liquidity
Easy Monitoring
Professional Management of Fund
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| Investment Horizon: |
At least one (1) year |
| PRODUCT FEATURES: |
| Minimum Initial / Additional Participation: |
Ten Thousand Pesos (P10,000.00) |
| Term: |
Minimum holding period of thirty (30) days. The holding period is not the maturity period. After the holding period client can withdraw anytime during the trading hours. If no withdrawal is made after the holding period. The placement will continue to earn as long as the funds stay with the bank. |
| Yield: |
NAV based; BSP prohibits the guaranteeing of yields for UITFs |
| Interest Computation: |
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)
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| Investment Portfolio: |
Government Securities, deposits and other tradable instruments |
| CHARGES AND FEES |
| Trust Fee: |
At 2.5% p.a. based on NAV of the Fund. Maturity proceeds computed net of trust fees.
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| Withholding Tax: |
20% final withholding tax (NAV is already net of tax) |
| Pre-Termination Penalty: |
Savings Rate or Prevailing NAVPU X NO. of UNITS whichever is LOWER |
| Trading Hours: |
Acceptance of Placement 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. |
