General

How much is the management fee of ALFM peso bond fund?

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.

Who owns ALFM?

Romeo L. Bernardo, Filipino, born in 1954, is also the the Chairman of ALFM Peso Bond Fund, Inc. ALFM Growth Fund, Inc., ALFM Dollar Bond Fund, Inc., ALFM Euro Bond Fund, Inc.

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 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.

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.

What is peso bond fund?

UCPB.com | UCPB Peso Bond (UPBF) It is a bond trust fund which is invested in deposits, securities issued by or guaranteed by the Philippine government or the Bangko Sentral ng Pilipinas and securities issued by corporations which are listed in an organized exchange.

How much is the minimum investment in the ALFM Global Multi Asset Income Fund USD Class?

ALFM Global Multi-Asset Income Fund, Inc. initial investment is USD 100. ✔️ Min. additional investment is USD 20.

How much is the minimum investment in the ALFM Global Multi-Asset Income Fund USD Class?

What is the difference between mutual fund and Uitf?

The main difference between these two is that UITFs are offered by banks, while mutual funds are their own companies. By buying into a UITF, you own units of this fund. By buying into a mutual fund, you own shares and become a shareholder in the mutual fund company.

Do bond funds pay dividends?

Bond funds typically pay periodic dividends that include interest payments on the fund’s underlying securities plus periodic realized capital appreciation. Bond funds typically pay higher dividends than CDs and money market accounts. Most bond funds pay out dividends more frequently than individual bonds.

Is it good to invest in ALFM Global Multi-Asset Income Fund?

The ALFM Global Multi-Asset Income Fund is ideal for investors looking for a stable stream of dividends without sacrificing long-term capital growth.

Which is better BPI or BDO Uitf?

In the last 12 months, the BDO money market fund has outperformed the comparable UITF of BPI by 0.57%, or 570 pesos on a 100,000-peso investment. The difference may not seem much, but remember this fund is the least volatile of the lot, and therefore provides the least returns.

Do bonds pay monthly?

Bond funds allow you to buy or sell your fund shares each day. In addition, bond funds allow you to automatically reinvest income dividends and to make additional investments at any time. Most bond funds pay regular monthly income, although the amount may vary with market conditions.

How are the dividends from the ALFM Global Multi-Asset Income Fund computed?

How are the dividends from the ALFM Global Multi-Asset Income Fund computed? The dividend that you may receive from the fund is equivalent to (the number of fund units you have as of Record date) x (Unit Dividend) x (NAVPU as of Record date).