LANDBANK Global $ Fund
Access global investment opportunities with the strength of the US Dollar.LANDBANK Global $ Fund
Access global investment opportunities with the strength of the US Dollar.The fund for those desiring to diversify their investment portfolio through US dollar-denominated fixed-income instruments. Suitable for financial goals in the next 3 to 5 years.
Summary:
A moderate fund that aims to generate a relatively higher income through investments in Dollar-denominated fixed-income securities issued by the National Government and by local companies.
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Fund Classification |
Fixed-Income Fund |
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Portfolio Mix |
A diversified portfolio of US dollar-denominated fixed-income securities such as tradable government securities, corporate bonds, and special bank deposits |
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Initial Investment |
US$ 1,000.00 |
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Minimum Additional Placement |
US$ 200.00 |
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Minimum Holding Period |
30 calendar days |
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Trust Fee |
0.50% per annum based on the gross portfolio value of the Fund |
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Penalty per early withdrawals |
25% of earnings (net of final withholding tax and trustee fee), but not less than US$ 10.00 |
Unit Investment Trust Funds (UITFs) are not deposit accounts or an obligation of, guaranteed, or insured by the Land Bank of the Philippines or its affiliates or subsidiaries and, therefore, are not insured or governed by the Philippine Deposit Insurance Corporation (PDIC). Due to the nature of investments, yields and potential yields cannot be guaranteed. Any income or loss arising from market fluctuations and price volatility of the securities held by the Fund, even if invested in government securities, is for the account of the investor. As such, units of participation of the investor in the UITF, when redeemed, may be worth more or be worth less than his/her initial investment/contributions. Historical performance, when presented, is purely for reference purposes and not a guarantee of similar future results. LANDBANK TBG, as trustee, is not liable for losses unless upon willful default, fraud, bad faith, or gross negligence. Trustor/Investor must read the complete details of the fund in the Plan Rules/Declaration of Trusts, make his/her own risks assessment, and when necessary, he/she must seek independent/professional opinion before making an investment.