The Chinabank Income-Paying Dollar Bond Feeder Fund aims to achieve for its participants regular income with a secondary focus on long term capital growth by investing in a Target Fund that seeks to track the performance of a broad, market-weighted, investment-grade US bond market. The Fund caters to investors who have a moderate risk appetite, are willing to assume a certain level of risk in consideration for higher returns, and have an investment horizon of at least five (5) years.

Fund Classification
Fixed Income Feeder Fund with an Income Distribution feature

Minimum Initial Subscription
USD1,000.00

Minimum Additional Subscription
USD500.00

Minimum Maintaining Amount
USD1,000.00

Minimum Holding Period
Ninety (90) calendar days

Minimum Redemption Amount
USD100.00

Subscription/Redemption Cut-Off Time
12:00 noon on any banking day via Branch or Chinabank Digital Platforms

Subscription Settlement Date
On Notification Date

Redemption Settlement Date
Five (5) banking days from date of notification

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

Unit Income Distribution
Monthly

Trust Fees
0.75% p.a.

Other Fees
Custodianship Fee
Audit Fee
Licensing Fee

Mode of Participation/Redemption
Unit Method based on prevailing Net Asset Value per Unit (NAVPu)

NAVPU Availability
Two (2) banking days after Notification Date

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.