ALFM PESO BOND FUND
The ALFM Peso Bond Fund is ideal for investors who are looking for a well-diversified fixed-income investment fund, which has been consistently providing superior risk-adjusted returns over the medium to long-term.
It was originally incorporated as Ayala Life Filipino Income Fund, Inc. on July 18, 1997 and was renamed to Ayala Life Fixed Income Fund, Inc. on August 21, 1998. The SEC approved the change to its present name of ALFM Peso Bond Fund, Inc. on February 26, 2007. Over the years, ALFM Peso has grown to become the market leader and the most popular mutual fund in the country.
The Fund is the only mutual fund in the country which gives a free group term life insurance coverage of PhP200,000.00* to each eligible primary individual investor.
*Investment should be at least PhP100,000.00
Investment Objective
The Fund aims to achieve a steady stream of income by investing in a diversified portfolio of Philippine Peso denominated high-grade fixed income instruments, such as but not limited to, government securities, corporate notes and bonds, and fixed income funds.
Benchmark
75% of the 91-day Philippine Treasury Bill (net of tax) + 25% of the BPI Philippine Government 1-5 Year Index
| Investor Type | Moderately Conservative |
| Fund Type | Medium Term Bond Fund |
| Base Currency | Philippine Peso |
| Launch Date | July 18, 1997 |
| Minimum Initial Investment/Maintaining Balance | PHP 1,000 |
| Minimum Initial RSP | PHP 1,000 |
| Minimum Transaction Amount/Minimum RSP Amount | Equivalent amount of 1 share |
| Minimum Holding Period | 90 calendar days |
| Early Redemption Fee | 1% of the redemption amount |
| Management and Advisory Fee | 1.25% p.a. |
| Cut-off Time | 02:00 PM |
| Contribution Settlement | Day 1 End-of-Day |
| Redemption Settlement | Day 1 End-of-Day |
