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Products - Philam Asset Management, Inc.

Philam Managed Income Fund, Inc


Description:

This fund has a conservative investment profile and offers investors regular cash flow combined with growth potential. The fund invests primarily in government securities and distributes 90% of the capital gains to investors on a quarterly basis.


Investment Objective:

To derive accrual income from short-term fixed income investments, chiefly government securities.

Suitability:

This fund is suitable for investors who are looking for regular cash and minimal fluctuation in the price of units.

Fund Features:


Risk Profile: Very low
Launch Date: October 9, 2006
Domicile: Republic of the Philippines
Currency: Philippine Peso
Par Value: Php 0.01
Minimum Initial Investment: Php 100,000.00
Minimum Additional Investment: Php 10,000.00
Entry Fee From 0.50% to 3.00%
Custodian Bank Citibank, N.A.
Transfer Agent Deutsche Bank AG Manila Branch