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Chinabank Dollar Cash Fund

The Chinabank Dollar Cash Fund  offers investors liquidity and returns higher than USD time deposits by investing in a combination of fixed-income securities mostly special savings accounts and time deposits of various local and foreign banks. The Fund caters to investors who have a conservative risk appetite, are seeking a high level of liquidity, wants better-than-deposit earnings, and have an investment horizon of one (1) year or less.‚Äč

Fund Classification  
Money Market Fund

Minimum Initial Subscription  
USD500.00

Minimum Additional Subscription 
USD100.00

Minimum Maintaining Amount 
USD500.00

Minimum Holding Period  
Five (5) calendar days

Subscription/Redemption Cut-Off Time
On any banking day:

  • via Branch - 12:00 noon 
  • via Chinabank Digital - 12:00 noon 
  • via Chinabank Online - 11:00 am

Redemption Settlement Date
Next banking day from date of notification

Early Redemption Fee
1.00% of the proceeds if redeemed within the Minimum Holding Period

Trust Fees
0.15% p.a.

Other Fees
Audit Fee
Licensing Fee

Mode of Participation/Redemption
Unit Method based on prevailing Net Asset Value per Unit (NAVPu) at the end of the subscription/redemption notification day

Valuation Methodology
Marking-to-Market

UITF Disclosures: 

  1. The UITF is a Trust product and not a deposit account, and is not insured nor governed by the PDIC.
  2. The UITF is not an obligation of, nor guaranteed, nor insured by the Trust entity or its affiliates or subsidiaries. 
  3. Due to the nature of the investments of a UITF, the returns/yields cannot be guaranteed. Historical performance, when presented, is purely for reference purposes and is not a guarantee of similar future performance.
  4. Any losses and income arising from market fluctuations and price volatility of the securities held by the UITF, even if invested in government securities, are for the account of the client. As such, the units of participation of the client in the UITF, when redeemed, may be worth more or worth less than his/her initial investment/contribution.
  5. The trustee is not liable for losses unless upon willful default, bad faith or gross negligence.
  6. The investor must read the complete details of the fund in the UITF's plan, make his/her own risk assessment, and when necessary, seek an independent/professional opinion before making an investment.

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