WHILE BDO Unibank sees the global economy heading for more
moderate growth this year, it still makes sense to diversify into global
investments and seize opportunities in markets outside the Philippines for growth
over the long-term.
Through BDO's Global Feeder Funds, investors can gain access to
the US, China, Japan, European and global equity markets. The said Funds
started 2019 with very strong returns ranging from 12%-18% in dollar terms as
of end February 2019.
Based on fund performance figures published by www.uitf.com, the
BDO China Equity Feeder Fund landed the top spot for dollar-denominated global
equity funds with its 18.4% return since the start of 2019. The Fund feeds into
the BlackRock Global Funds (BGF) China Fund which is primarily invested in a
portfolio of equities and equity-related instruments of China-related companies
traded both onshore and offshore China.
According to Fritz Ocampo, the chief investment officer of the BDO
Trust and Investments Group, the rally in the Chinese stock market this year is
due to improving sentiment toward China as its policy environment become more
supportive and concerns on the trade war has eased.
BDO currently manages six US dollar-denominated global feeder
funds. All six funds found its way to the top 10 dollar-denominated equity
UITFs in the country, including its newly-launched fund, the BDO Global Equity
Index Feeder Fund at rank 3.
“We continue to expand the range of investment choices available
to our clients. We have lined up products for launch this year which hopefully
will attract client’s interest again in the UITFs which generally took a
beating last year due to weak markets,” said Rafael Ayuste, Jr., Trust Officer
of BDO.
With over PhP214 billion in assets under management
across 27 investment funds, BDO is currently the largest UITF provider in the
Philippines with a 37% market share. The
BDO Global Feeder Funds are available for a minimum investment of US$2,000
through the BDO network of more than 1,200 branches and via BDO Invest Online.
About BDO
Unibank, Inc.
BDO Unibank, Inc. is a full-service universal bank
which provides a wide range of corporate and retail banking services. These
services include traditional loan and deposit products, as well as treasury,
trust banking, investment banking, private banking, rural banking, cash
management, leasing and finance, remittance, insurance, retail cash cards and
credit card services.
BDO has the country’s largest distribution network,
with over 1,200 consolidated operating branches and more than 4,000 ATMs
nationwide. It also has 24 overseas remittance and representative offices
(including full-service branches in Hong Kong and Singapore) in Asia, Europe,
North America, and the Middle East.
BDO ranked as the largest bank in terms of total
assets, loans, deposits and trust funds under management based on published
statements of condition as of December 31, 2018. For more information, please
visit www.bdo.com.ph.
BDO Unibank, Inc.
BDO
Corporate Center
7899
Makati Avenue
Makati
City 0726, Philippines
Tel
+63(2) 840-7000
Rah Omalin
PR and Events
ROAR Agile Communicators Corporation
m: 833-40-64
w: roar.ph e: rahh.roar@gmail.com
