A very
bright prospect to invest with among the Unit Investment Trust Funds being
offered in the trust market today is the PNB High Dividend Fund. It is being
offered by the Philippine National Bank and being managed by PNB Trust Banking
Group. Launch on June 15, 2012, it ended the past year with a very strong
16.94% returns despite of just being in the market of less than half a year.
The PNB High
Dividend Fund is a peso-denominated fund that is designed to invest mostly in
PSE listed companies that have high dividend yields and have an established
history of paying dividends. This fund is appropriate for investors who look
towards long term capital appreciation and who knows the prospective high
yields of investing with stocks which pays regular dividends.
Below are
the features of the fund for reference of those intended to invest in this UITF.
PNB HIGH DIVIDEND FUND FEATURES
Name Of UITF:
PNB High Dividend Fund
Type Of
Fund: Equity Fund
Min. Initial
Participation: Php25,000.00
Min.
Additional Participation: Php10,000.00
Min. Holding
Period: 90 calendar days
Early
Redemption Fee: 1.50% of the NAV of participation
Trust Fee:
2.00% per year
Custodian
Fee: 0.0175% per year of Fund Value
Launch Date:
June 15, 2012
Below are the
monthly performance trend of PNB High Dividend Fund last year since its launch on June 15, 2012 for your evaluation and
reference.
With this
strong start and with the bullish trend of the equity market which was believed to continue until the end of the current year, investing your hard-earned Piso with PNB
High Dividend Fund shall be a very good investment.