A conservative fund suitable for financial objectives with an investment horizon of one year or less. The fund aims to provide high liquidity, decent returns, and minimal risk on the invested capital, mainly from special bank deposits.
|Fund Classification||Money Market Fund|
|Portfolio Mix||A portfolio of Special Bank Deposits|
|Minimum Additional Placement||P1,000.00|
|Minimum Holding Period||7 calendar days|
|Trust Fee||0.20% per annum based on the gross portfolio value of the Fund|
|Penalty per early withdrawals||25% of earnings (net of final withholding tax and trust fee), but not less than PhP500.00|