MANILA, Philippines - China Bank recently launched China Bank Balanced Fund, its latest peso-denominated unit investment trust fund (UITF) offering, as part of the bank’s continued efforts to provide a comprehensive range of investment solutions to its clients.
The China Bank Balanced Fund maintains a prudent mix of choice equities and high-grade fixed income securities to provide competitive returns. The fund is professionally managed by China Bank Trust Group which employs quantitative tools and fundamental analysis to identify opportunities and manage risk.
“The China Bank Balanced Fund offers investors the opportunity for higher earnings potential as the fund will be invested in a diversified portfolio of blue chip stocks and fixed income securities issued by the Philippine government and prime local corporations. This diversification is vital in reducing risks while optimizing potential for portfolio returns,” said first vice president Rene J. Sarmiento, head of China Bank’s Trust Group.
The China Bank Balanced Fund is aimed at investors with an aggressive risk profile and an investment horizon of at least, one year. The minimum investment and maintaining balance requirement of the fund is P100,000 and the minimum holding period is 30 days.
Interested parties may open a China Bank Balanced Fund account at any China Bank branch in Metro Manila, Cebu, and Davao where the fund is initially available.
For more details, call Business Development Unit — Trust Group at telephone numbers 885-5555 locals 5858, 5862, 5867 and 5878.