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Products - ATR KimEng Asset Management, Inc.

ATRKE Philippine Balanced Fund, Inc.


Description:

A mutual fund classified as medium risk. Its goal is to provide good returns through current income by investing in fixed income instruments and securities with short term investment period such as government securities, time deposits, short-term deposit agreements, among others.


  • The Fund is a balanced fund invested in Philippine fixed income and equity securities.
  • Originally established as The Mutual Fund Company of the Philippines, Inc. in December 1995, the Fund had its name changed to ATRKE Philippine Balanced Fund, Inc. as approved by SEC on September 12, 2011.
  • ATR Kim Eng took over management of the Fund on August 31, 2003.

Objective:

The Fund is designed to seek total return through current income and long-term capital growth through investment in listed and non-listed fixed income and equity securities of Philippine companies and debt obligations of the Government of the Republic of the Philippines and its instrumentalities.

Fund Features:

Asset Class: Balanced Fund
Base Currency: Philippine Peso
Reference Benchmark: 50% PSEi & 50% HSBC Phil Local Bond Index
Launch Date: 5 December 1995
Management & Distribution Fee: 1.75% p.a.
Front End Fee: Maximum of 5%
Redemption Fee: Maximum of 5%
Minimum Initial Subscription: PHP 10,000.00
Minimum Additional Subscription: PHP 5,000.00
Dealing Frequency: Daily
Investment Manager: ATR KimEng Asset Management, Inc.
Transfer Agent: ATR KimEng Asset Management, Inc.
Custodian: Hong Kong and Shanghai Banking Corporation Ltd., Philippine Branch
Fund Accountant: Deutsche Bank AG Manila Branch
Auditor: Manabat, Sanagustin & Co. (a member of the KPMG International network)
Legal Counsel: Picazo Buyco Tan Fider & Santos Law Offices