Odyssey Philippine Equity Fund
ODYSSEY PHILIPPINE EQUITY FUND
The Odyssey Philippine Equity Fund (the “Fund”) is a Unit Investment Trust Fund (UITF) established under the authority of the Bangko Sentral ng Pilipinas (BSP)
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Management of the Fund |
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Investment Manager |
BPI Asset Management and Trust Group |
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Distributor |
PLPI Financials and Insurance Brokers, Inc. |
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Custodian |
Hongkong and Shanghai Banking Corporation Limited |
Investment Objective
The Fund seeks to achieve long term capital growth in Philippine Peso terms by investing in a portfolio of stocks listed in the Philippine Stock Exchange.
Investment Policy
The Fund aims to outperform its benchmark (gross of fees) which is the Philippine Stock Exchange Index.
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Features of the Fund |
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Fund Structure: |
Unit Investment Trust Fund (UITF) |
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Fund Currency: |
Philippine Peso |
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Launch Date: |
May 5, 2003 |
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Minimum Participation Amount: |
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Minimum Additional Investment: |
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Front-End Fee: |
Maximum of 2% (Please See Table Below) |
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Minimum Holding Period: |
None |
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Minimum Redemption Amount: |
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Redemption Notice Period: |
5 Banking Days |
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Trust Fee: |
2.0% |
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Recommended Investment Horizon: |
More than 3 years |
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Valuation of the Fund: |
Marked-to-Market |
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Initial Net Asset Value Per Unit: |
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Front-End Load / Fee (Exclusive of EVAT) |
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Amount of Investment |
Front-End Fee |
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5,000 - 99,999 |
2.00 % |
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100,000 - 299,999 |
1.75 % |
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300,000 - 499,999 |
1.50 % |
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500,000 - 699,999 |
1.25 % |
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700,000 - 999,999 |
1.00 % |
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1,000,000 - up |
0.75% |
Historical Return
|
Equity Funds |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
|
Odyssey Phil. Equity Fund |
4.85%* |
53.56% |
17.52% |
-56.01% |
83.71% |
42.66 |
11.65% |
16.84% |
* May to December 2005