AUB urges retail investors to profit from dollar bond market

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Asia United Bank (AUB) Senior Assistant Manager-Trust Trader of Trust and Investments Group Jethro Ong receives Best Managed Fund Award – AUB Gold Dollar Fund on behalf of AUB at CFA Society of the Philippines. CONTRIBUTED PHOTO

Asia United Bank (AUB), one of the country’s fastest growing listed banks, urged local retail investors looking for higher yielding assets to consider investing in the bond market in US dollars through its award-winning AUB Gold Dollar Fund.

“There is no better time to invest than now, as deposit rates are near their historic lows. It is best to diversify into higher yielding assets to protect your funds against inflation. The AUB Gold Dollar Fund offers such an outlet, ”said Andrew Chua, AUB Senior Vice President and Head of Trust.

The AUB Gold Dollar Fund (GDF) offers retail investors access to the US dollar bond market normally reserved for foreigners and high net worth investors. It also offers flexibility as returns can be withdrawn at any time after the minimum holding period and investors benefit from a team of professional fund managers.

The fund invests in a diversified portfolio of fixed income securities and offers a rate of return equivalent to the rolling yield of five-year US Treasury bills, net of expenses. As of September 23, GDF had a net return of 5.33% year-on-year.

Due to the fund’s exceptional performance, AUB was able to maintain its five-year winning streak when it was awarded by the CFA Society Philippines as the best managed fund in the USD Medium Term Bond category. For the sixth edition of the Best Managed Fund Awards, a total of 71 funds from 14 investment houses and trust institutions joined the search.


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