ALFM GLOBAL MULTI-ASSET INCOME FUND (PHP)
The ALFM Global Multi-Asset Income Fund is ideal for investors looking for a stable stream of dividends without sacrificing long-term capital growth.
The Fund invests globally in the full spectrum of permitted investments including equities, equity-related securities, fixed income transferable securities (which may include some high yield fixed income transferable securities), units of undertakings for collective investment, cash, deposits and money market instruments.
USD denominated fund operating as a Feeder Fund that aims to provide a stable stream of dividends and generate long-term capital growth. Being a feeder fund, it will invest at least 90% of its assets into a single collective scheme.
|Fund Type||Feeder Fund|
|Base Currency||US Dollar|
|Launch Date||June 1, 2021|
|Minimum Initial Investment/Maintaining Balance||PHP 5,000|
|Minimum Initial RSP||PHP 1,000|
|Minimum Transaction Amount/Minimum RSP Amount||PHP 1,000|
|Minimum Holding Period||180 calendar days|
|Early Redemption Fee||1% of the redemption amount|
|Management and Advisory Fee||1.00% p.a.|
|Cut-off Time||01:30 PM|
|Contribution Settlement||Day 1 End-of-Day|
|Redemption Settlement||Day 5 End-of-Day|