The PNB Global Filipino Funds are money market funds specifically designed to meet the investment needs of our Overseas Filipino Workers (OFW's) and their beneficiaries. It provides them with an outlet to accumulate their savings for the purchase of a new home or educational plans for their children or other future needs of their families. These funds are suited for conservative clients who want an investment strategy where the primary objectives is to prevent the loss of principal at all times and where the fund is invested purely in deposit instruments.
|PNB Global Filipino Peso Money Market Fund||PNB Global Filipino Dollar Money Market Fund|
|Fund Category||Money Market Fund||Money Market Fund|
|Min. Initial Participation and Maintaining Balance||P5,000||$100|
|Min. Additional Participation||P5,000||$100|
|Min. Holding Period||5 banking days||30 calendar days|
|Trust Fee||0.5% p.a. of Fund Value||0.5% p.a. of Fund Value|
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All funds/accounts managed by PNB Trust Banking Group (Trustee) are Trust and/or Investment Management funds which DO NOT carry any guaranty of income or principal, and are NOT covered by the Philippine Deposit Insurance Corporation (PDIC). Due to the nature of the investments, potential yield cannot be guaranteed It is also possible for the investments and their income to fluctuate as a result of prevailing market conditions. Past performance is likewise not a guarantee of future results. Any loss or income is for the account of the Trustor/s. The Trustee is not liable for losses except upon fraud, gross negligence or bad faith.