IN THE NEWS
Changes to the BPI Invest Balanced Fund
31 December 2021
Dear Valued Client:
We wish to inform you that effective 01 February 2022, the benchmark of BPI Invest Balanced Fund shall be amended as follows:
50% Philippine Stock Exchange Index and 50% return of the 91-day Treasury Bill, net of tax
50% Philippine Stock Exchange Index and 50% BPI Philippine Government Bond 1-5 Year Index
Aligned with this change, some of the Fund’s fixed income holdings may be lengthened beginning 01 February 2022. However, the Fund’s modified duration shall be maintained within five (5) years.
The amendments to the fixed income composition of the Fund are intended to enhance the Fund’s potential returns through increased diversification. These changes are expected to better position clients in the current low-yield environment, which is expected to persist.
While there are amendments to the investment policy of the Fund, the changes remain suitable to the risk profile of aggressive investors. BPI Invest Balanced Fund will continue to be managed with the goal of achieving long term capital growth derived from a diversified portfolio of equity and fixed income securities.
Further, the Plan Rules shall also be amended to better clarify select provisions. For more details on this amendment, you may visit our website at www.bpiassetmanagement.com. A copy of the amended Plan Rules is also available in your branch of account.
Your decision to remain invested in the Fund will signify conformity with the amendments. For any questions, please do not hesitate to call us at (02) 8580-AMTC (2682) or write us at firstname.lastname@example.org.
Thank you for your continued trust.
SHEILA MARIE U. TAN
ALL UNIT INVESTMENT FUNDS MANAGED BY BPI ASSET MANAGEMENT AND TRUST CORPORATION (“BPI AMTC”) ARE NOT DEPOSIT PRODUCTS AND ARE NOT AN OBLIGATION OF, OR GUARANTEED OR INSURED BY, BPI AMTC, BANK OF THE PHILIPPINE ISLANDS (“BPI”) AND ITS AFFILIATES OR SUBSIDIARIES, OR THE PHILIPPINE DEPOSIT INSURANCE CORPORATION (“PDIC”). EARNINGS FROM THESE INVESTMENT FUNDS ARE NOT ASSURED AND THE PRINCIPAL AMOUNT INVESTED IS EXPOSED TO RISK OF LOSS. THESE FUNDS CANNOT BE SOLD TO YOU UNLESS THE BENEFITS AND RISKS HAVE BEEN THOROUGHLY EXPLAINED. ACCORDINGLY, IF YOU DO NOT FULLY UNDERSTAND THE RISKS OF INVESTING IN THESE FUNDS, YOU ARE ADVISED NOT TO INVEST IN THE SAME.
Due to the nature of the investments, yield and potential yields cannot be guaranteed. Any income or loss arising from market fluctuations and price volatility of the securities held by a Fund, even if invested in government securities, is for the account of the investor/trustor. As such, units of participation of the investor/trustor in a Fund, when redeemed, may be worth more or be worth less than his/her initial participation/contribution. Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results. BPI AMTC as Trustee is not liable for losses, unless due to its willful default, evident bad faith or gross negligence. Investors/Trustors are advised to read the Declaration of Trust of the relevant Fund, which may be obtained from the office of BPI AMTC, before deciding to invest.
BPI AMTC is a subsidiary of BPI. For inquiries and comments, please send an email to email@example.com or call us at (02) 8580-AMTC (2682).
BPI AMTC is regulated by the Bangko Sentral ng Pilipinas. https://www.bsp.gov.ph
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