ING PESO BOND FUND
Invest in a portfolio of peso bonds actively managed by professionals. Or, get your hands full with T-bills, FXTNs, RTBs, CMBs, zeroes… inflation rates, yield curve analysis, issuance schedules… 3rd party custodianship and other regulations… (and that doesn’t even include the paperwork).
The objective of the ING Peso Bond Fund is to achieve preservation of capital and income growth in Philippine Peso terms over a period of time by investing in a diversified portfolio of Philippine Peso denominated fixed income instruments. (government securities and corporates)
The return objective of the Fund is to outperform the benchmark (gross of fees), HSBC Philippines Liquid Total Return Bond Index. The said index tracks the market performance of Peso Bonds in the Philippine Market. Prior to January 1, 2007, the Fund was benchmarked against the HSBC Philippines Local Bond Index.