(L-R) 2017 CFA Society Philippines President Cristina Arceo, China Bank Trust & Asset Management Group Head Patrick Cheng.
Makati, Philippines - China Banking Corporation (China Bank) recently bagged a major award for its Dollar Bond Fund when it won the “Best Managed Fund of the Year Award” under the Dollar Long-Term Bond Category at the Chartered Financial Analyst Society Philippines (CFA) 2017 Charter Awards Ceremony. This is the second consecutive year that China Bank’s Dollar Bond Fund has received this prestigious award from CFA Society Philippines.
China Bank Trust and Asset Management Group UITFs have consistently topped other banks’ UITFs in terms of return on investment. As of September 15, 2017, China Bank’s Short Term Fund has been ranked 1st out of 40 Money Market Funds, its Intermediate Fixed Income Fund was ranked 1st out of 10 Bond Funds, and its Dollar Bond Fund was also ranked 1st among 10 Dollar Bond Funds. This is a testament of the Bank’s commitment to a disciplined investment process in ensuring optimal performance of the UITFs.
The CFA Society Philippines is the local chapter of the CFA Institute, a global network of investment and finance professionals and their partners in over 145 countries. They promote the continued improvement of financial professions, espousing the highest standards of integrity and quality.
Founded in 1920, China Bank offers a wide range of financial products and services to corporate, commercial and retail customers through its nationwide network of branches, ATMs and other electronic channels. With nearly a century of solid financials, strong commitment to personal, quality service, significant contribution to the country’s financial landscape, and an enduring legacy of successful partnerships with generations of clients trusting the Bank with their wealth and future, China Bank remains to be one of the most respected, trusted, stable and profitable financial institutions in the country.