Saturday, November 17, 2012

BPI Unit Investment Trust Fund Features


This post is to answer the inquiries of some of our readers  who are asking just recently about the fund features of BPI and BPI Odyssey Unit Investment Trust Funds.

We have made the following list to be your quick reference in helping you choose among the different UITF products of BPI and BPI Odyssey Trust Funds that will suit your investment plans.

For more questions about BPI and BPI Odyssey Trust Fund, you can visit BPI website through the link HERE.


BPI Odyssey Unit Investment Trust Funds

    1. Odyssey Philippine Equity Fund


Type Of Fund: Equity Fund
Minimum Initial Investment: P10,000
Minimum Additional Participation Amount: P5,000
Minimum Holding Period: None
Trust Fee:  2.00% per year
Administrative Fee: 1.50% of subscription amount
Redemption Settlement:  4 banking days

     2. Odyssey Philippine High Conviction Equity Fund


Type Of Fund: Equity Fund
Minimum Initial Investment: P10,000
Minimum Additional Participation Amount: P5,000
Minimum Holding Period: None
Trust Fee:  2.50% per year
Administrative Fee: 1.50% of subscription amount
Redemption Settlement:  4 banking days

      3.  Odyssey Tax Exempt Philippine Equity Fund

Type Of Fund:  Equity Fund
Minimum Initial Investment:  P100,000
Minimum Additional Participation Amount: P50,000
Minimum Holding Period: None
Trust Fee:  2.00% per year
Administrative Fee: 1.50% of subscription amount
Redemption Settlement: 4 banking days

      4. Odyssey Diversified Capital Fund

Type Of Fund:  Balanced Fund
Minimum Initial Investment:  P10,000
Minimum Additional Participation Amount: P5,000
Minimum Holding Period: None
Trust Fee: 1.50% per year
Administrative Fee: 1.50% of subscription amount
Redemption Settlement:  4 banking days

     5. Odyssey Diversified Balanced Fund

Type Of Fund: Balanced Fund
Minimum Initial Investment: P10,000
Minimum Additional Participation Amount:  P5,000
Minimum Holding Period: None
Trust Fee: 1.50% per year
Administrative Fee:  1.50% of subscription amount
Redemption Settlement:  4 banking days


    6. Odyssey Peso Cash Management Fund

Type Of Fund:  Money Market Fund
Minimum Initial Investment: P10,000
Min. Additional Participation Amount: P5,000
Minimum Holding Period: None
Trust Fee: 0.75% per year
Administrative Fee: 1.00% of subscription amount
Redemption Settlement: 2 banking days

         7. Odyssey Peso Income Fund
Type Of Fund:  Medium Term Bond Fund
Minimum Initial Investment: P10,000
Minimum Additional Participation Amount: P5,000
Minimum Holding Period: None
Trust Fee: 1.00% per year
Administrative Fee: 1.00% of subscription amount
Redemption Settlement: 2 banking days

          8.   Odyssey Peso Bond Fund

Type Of Fund: Long Term Bond Fund
Minimum Initial Investment: P10,000
Minimum Additional Participation Amount: P5,000
Minimum Holding Period: None
Trust Fee: 1.00% per year
Administrative Fee: 1.00% of subscription amount
Redemption Settlement: 2 banking days

          9.  Odyssey Tax Exempt Peso Fixed Income Fund

Type Of Fund: Long Term Bond Fund
Minimum Initial Investment: P100,000
Minimum Additional Participation Amount: P50,000
Minimum Holding Period: None
Trust Fee: 1.00% per year
Administrative Fee: 1.00% of subscription amount
Redemption Settlement: 2 banking days



BPI Unit Investment Trust Funds


         1.   BPI Equity Value Fund
Type Of Fund: Equity Fund
Minimum Initial Investment: P10,000
Minimum Transaction Amount: P1,000
Minimum Holding Period: None
Trust Fee: 1.50% per year
Redemption Settlement: 4 banking days

         2.  BPI Balanced Fund

Type Of Fund: Balanced Fund
Minimum Initial Investment: P10,000
Minimum Transaction Amount: P1,000
Minimum Holding Period: None
Trust Fee: 1.50% per year
Redemption Settlement:  4 banking days

          3.  BPI Short Term Fund

Type Of Fund: Money Market Fund
Minimum Initial Investment: P10,000
Minimum Transaction Amount: P1,000
Minimum Holding Period: None
Trust Fee: 0.50% per year
Redemption Settlement: End of trading day

          4.  BPI Premium Bond Fund

Type Of Fund: Intermediate Term Bond Fund
Minimum Initial Investment: P10,000
Minimum Transaction Amount: P1,000
Minimum Holding Period: None
Trust Fee: 1.50% per year
Redemption Settlement: End of trading day

           5.  BPI Institutional Fund

Type Of Fund: Intermediate Term Bond Fund
Minimum Initial Investment: P10,000
Minimum Transaction Amount: P1,000
Minimum Holding Period: None
Trust Fee: 0.75% per year
Redemption Settlement: End of trading day





DISCLAIMER:

PISO Ni Juan is not in any way connected with Bank of the Philippine Islands. This article was created only to be an initial guide and quick reference for interested individuals who are planning to invest in BPI and BPI Odyssey UITF products.

To get the latest updates about BPI and BPI Odyssey UITF products, we recommend for you to inquire directly on any branch of BPI near your area.