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PNB Global Feeder Funds

Set yourself on the world stage and invest in companies around the world with the PNB Global Feeder Funds!

Why You Should Invest

  • Access to the Global Arena – It provides access to foreign funds that were previously not accessible to local investors.
  • Convenience – There is no need to open an international brokerage account, as the feeder fund structure made it possible to invest in foreign funds here in the Philippines. For added convenience, PNB will make these funds available online so you can practically invest anytime, anywhere.
  • Diversification – it allows the client to have a more diversified portfolio, which includes both local and global investments. Also, by investing into a Feeder Fund, the investor gains exposure to all the securities inside the Target Fund.
  • Liquidity – Investors can buy and sell anytime, with no pre-termination fees after the minimum holding period.
  • Affordability – Minimum investment is just USD1,000, which is much lower than investing directly in funds abroad.
Be a Global Investor! Invest in the PNB Global Feeder Funds Now!

Available via PNB UITF Online or through any PNB branch.

For more information, you may contact Trust Customer Care trust_customercare@pnb.com.ph.

Frequently Asked Questions

  • Target Market of global feeder funds are as follows:
    • Suited for both corporate and individual investors
    • With aggressive risk appetite
    • Aware of the potential for high yields in global stock market investments and are willing to take the corresponding risk of such investments
    • With Long-term investment horizon
  • Yes, the fund manager can change the Target Fund for several reasons:
    • Consistently underperforming vis-à-vis expectations
    • Change in the investment objective of the Target Fund
    • Change in the Target Fund’s fees;
    • Closure of the Target Fund or its maximum Asset Under Management capacity has been reached;
    • Prolonged suspension of subscription/redemption to/from the target fund;
    • Regulatory change in the jurisdiction where the Target Fund is domicile
    • Market conditions which, in the reasonable opinion of the Trustee, warrant a change in target fund.
  • Market Risk – possibility to experience losses due to changes in market prices of securities
  • Liquidity Risk – possibility to experience losses due to the fund’s inability to convert assets into cash immediately
  • Currency Risk – possibility to experience losses due to fluctuations in foreign exchange rates
  • Country Risk – possibility to experience losses arising from investments in securities issued by or in foreign countries due to political, economic and social structures of such countries.
  • PNB Global Growth Equity Feeder Fund
    The PNB Global Growth Equity Feeder Fund is an equity Unit Investment Trust Fund structured as a feeder fund that aims to achieve long-term capital appreciation by investing all or substantially all of its assets into its Target Fund, the Franklin Global Growth Fund. The Target Fund invests in equity securities of companies that the fund manager believes are high-quality sustainable growth companies.
    Fund Name
    PNB Global Growth Equity Feeder Fund
    Base Currency USD
    Fund Classification Equity Feeder Fund
    Target Fund Franklin Global Growth Fund
    Benchmark Linked MSCI World Index-NR
    Min. Initial/ Additional Investment USD 1,000
    Trust Fee 1.00%
    Risk-Return Profile Aggressive
    Investment Horizon Up to 5 Years
    Minimum Holding Period 30 Calendar Days
    Cut-Off Time (Participations/Redemptions) 11AM
    Settlement Date T+4
    Early Redemption Fee 50% of income earned
    Business Day Any banking day wherein both the PNB and the target fund are open for business.

    Target Fund Details

    Fund Name
    PNB Global Growth Equity Feeder Fund
    Target Fund Name Franklin Global Growth Fund
    Base Currency USD
    Investment Objective The Fund aims to achieve long-term capital appreciation by investing principally in equity securities of companies that the fund manager believes are high-quality sustainable growth companies. The fund principally invests in mid, large and giant capitalisation companies, located throughout the world.
    Asset Class Equity
    Management Fee Share class I: 0.70% p.a.
    Inception Date October 14, 2008
    Benchmark Linked MSCI World Index-NR
  • PNB US Equity Sustainability Leaders Feeder Fund
    The PNB US Equity Sustainability Leaders Feeder Fund is an equity Unit Investment Trust Fund structured as a feeder fund that allows investors to diversify their portfolios and gain access to global companies with superior ESG characteristics through its target fund, the Legg Mason ClearBridge US Equity Sustainability Leaders Fund.
    Fund Name
    PNB US Equity Sustainability Leaders Feeder Fund
    Base Currency USD
    Fund Classification Equity Feeder Fund
    Target Fund Legg Mason ClearBridge US Equity Sustainability Leaders Fund
    Benchmark Russell 3000
    Min. Initial/ Additional Investment USD 1,000
    Trust Fee 1.00%
    Risk-Return Profile Aggressive
    Investment Horizon Up to 5 Years
    Minimum Holding Period 30 Calendar Days
    Cut-Off Time (Participations/Redemptions) 11AM
    Settlement Date T+4
    Early Redemption Fee 50% of income earned
    Business Day Any banking day wherein both the PNB and the target fund are open for business.

    Target Fund Details

    Fund Name
    PNB US Equity Sustainability Leaders Feeder Fund
    Target Fund Name Legg Mason ClearBridge US Equity Sustainability Leaders Fund
    Base Currency USD
    Investment Objective Investing in 30 – 50 high-quality companies with a demonstrated commitment to ESG principles and creating a positive impact (relating to water conservation, renewable energy, etc)
    Investment Philosophy Companies with positive environmental, social and governance attributes are more likely to outperform their peers over the long term
    Companies with negative ESG characteristics represent significant risk to shareholder value
    Inception Date September 30, 2015
    Management Fee Premiere Class: 0.60%
    Benchmark Russell 3000
The UITF is a Trust Product and not a deposit account or an obligation of, or guaranteed, or insured by the Trust entity or its affiliates or subsidiaries. It is not insured or governed by the PDIC. Due to the nature of the investment, yields and potential yields cannot be guaranteed. Any loss/income arising from market fluctuations and price volatility of the securities held by the Fund, even if invested in government securities, is for the account of the client/participant. As such, the units of participation of the investor in the UITF, when redeemed, may be worth more or be worth less than his/her initial investment/contributions. Historical performance, when presented, is purely for reference purposes and is not a guarantee of similar future result. The trustee is not liable for losses unless upon willful default, bad faith or gross negligence.

Customer Care

Bank Hotline
Tel. No.: (+632) 8573 8888
Email: customercare@pnb.com.ph
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Deposits are insured by PDIC up to P500,000 per depositor.
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