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Bancommerce Peso Trust Fund
Investment Objective
To provide opportunities for investors regarding investments with emphasis on diversification of risk and production of income. |
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Bancommerce Dollar Trust Fund
Investment Objective
To provide a vehicle for investors such opportunities with respect to the accumulation of capital, production of income and the widest and most prudent diversification of risks. |
| Fund Details |
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| Inception Date |
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March 10, 2005 |
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March 11, 2005 |
| Currency |
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Philippine Peso |
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US Dollar |
| Net Asset Value as of 2/1/07 |
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Php 253,487,550.98 |
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$ 2,075,919.40 |
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| NAVPU |
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NAVPU click here |
|
NAVPU click here |
| Minimum Participation |
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PhP25,000.00 |
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$2,000.00 |
| Additional Participation |
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PhP25,000.00 |
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$2,000.00 |
| Minimum Holding Period |
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30 days |
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30 days |
| Early Redemption Fee |
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50% of gross earnings |
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50% of gross earnings |
| Management Fee |
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2% per annum |
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2% per annum |
| Valuation |
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Mark-to-Market |
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Mark-to-Market |
| Trustee |
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Bancommerce - Trust Services Group |
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Bancommerce - Trust Services Group |
| Sold Through |
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Bank of Commerce Branches |
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Bank of Commerce Branches |
| Custodian |
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Bureau of Treasury |
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PDTC |
| Dealing Time |
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Daily up to 11:30 a.m. |
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Daily up to 11:30 a.m. |
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Plan rules governing this Fund is available upon request of the client |
| Risk Disclosures |
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| The fund is subject to the following risks |
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| Interest Rate Risk is defined as the potential for an investor to experience losses due to changes in interest rates. |
| Market/Price Risk is defined as the potential for an investor to experience losses due to changes in market prices of securities. |
| Liquidity risk is defined as the inability to sell or covert assets into cash quickly or in instances where conversion to cash is possible but at a loss. |
| Credit risk, also known as default risk, is defined as the risk of loss due to a borrower’s failure to repay principal and/or interest in a timely manner on instruments such as bonds, loans, or other forms of security which the borrower issued. It also includes risk on a counterparty (a party the UITF Fund Manager trades with), defaulting on a contract to deliver its obligation either in cash or securities. |
Disclaimer
UITF is not a deposit and not insured by PDIC. Due to the nature of investment, yields and potential yield cannot be guaranteed. Any income and loss arising from market fluctuations and price volatility of the securities held by the UITF, even if invested in government securities, is for the account of the investor. As such the fund is not capital protected and may not be suitable for clients seeking preservation of capital. Historical performance when presented is purely for reference purposes and not a guarantee of similar future results. |
Contact Us
Trust Services Group
Direct Lines :810-06-63
Trunk Line : 812-00-00 local 2397, 2320, 2452, 2275, 2313, 2390, 2395
Facsimile : 810-06-13 |
