BDO UNIBANK, INC.

– TRUST AND INVESTMENTS GROUP

BDO PESO MONEY MARKET FUND

KEY INFORMATION AND INVESTMENT DISCLOSURE STATEMENT

Month Ended July 31,2019

FUND FACTS
Classification: Money Market Fund Net Asset Value per Unit (NAVPU): PHP 1597.6689
Launch Date: April 1, 2005 Total Fund NAV: PHP 85.5 Billion
Minimum Investment: PHP100,000.00 Dealing Period: Up to 11:30am of any banking day
Minimum Additional Investment / Maintaining Participation: Redemption Settlement: After 4:00pm on same banking day the
PHP100,000.00 notice of redemption is received
Minimum Holding Period: None Early Redemption Fee: None

FEES*
Trustee Fees: 0.0430% Custodianship Fees: 0.0000% External Auditor Fees: 0.0000% Other Fees: 0.0000%
BDO Trust and Investments
Standard Chartered Bank, Citibank Punongbayan & Araullo None
Group
*As a percentage of average daily NAV for the month valued at PHP 85.457 Billion

INVESTMENT OBJECTIVE AND STRATEGY

The Fund aims to preserve capital and generate income from low-risk fixed income securities with a portfolio weighted average life of
not more than one (1) year. The Fund’s benchmark is the 91-day T-Bill rates.

CLIENT SUITABILITY
A client profiling process should be performed prior to participating in the Fund to guide the prospective investor if the Fund is suited to
his/her investment objectives and risk tolerance. Clients are advised to read the Declaration of Trust/Plan Rules of the Fund, which may
be obtained from the Trustee, before deciding to invest.
wThe BDO Peso Money Market Fund is primarily suitable for individual and corporate investors with moderate risk appetite and who are
looking for safe and liquid investments with yields relatively higher than those of savings and time deposit accounts.
wParticipants/trustors are recommended to stay invested in the Fund for at least six (6) months.

KEY RISKS AND RISK MANAGEMENT

You should not invest in this Fund if you do not understand or are not comfortable with the accompanying risks.
Interest Rate Risk. This is the possibility for an investor to experience losses due to changes in interest rates. The purchase and sale of
a debt instrument may result in profit or loss because the value of a debt instrument changes inversely with prevailing interest rates.
Market/Price Risk. This is the possibility for an investor to experience losses due to changes in market prices of securities. It is the
exposure to the uncertain market value of a portfolio due to price fluctuations.
Credit Risk/Default Risk. This is the possibility for an investor to experience losses due to a borrower’s failure to pay the principal
and/or interest in a timely manner on instruments such as bonds, loans, or other forms of security, which the borrower issued.
Reinvestment Risk. This is the risk associated with the possibility of having lower returns or earnings when maturing funds or the
interest earnings of funds are reinvested.

The Fund employs a risk management policy based on modified duration. Modified duration measures the sensitivity of bond prices to
interest rate movements. As interest rates rise, bond prices fall. The higher the duration, the more the NAVPU will fluctuate in relation to
changes in interest rates. All the Fund's investment outlets undergo evaluation in accordance with the Trustee's Investment Policy
Manual. Regulatory exposure limits are monitored on a regular basis. The Fund may also use financial derivative instruments solely for
the purpose of hedging risk exposures.

wTHE UIT FUND IS NOT A DEPOSIT AND IS NOT INSURED BY THE PHILIPPINE DEPOSIT INSURANCE CORPORATION
(PDIC).
wRETURNS CANNOT BE GUARANTEED AND HISTORICAL NAVPU IS FOR ILLUSTRATION OF NAVPU
MOVEMENTS/FLUCTUATIONS ONLY.
wWHEN REDEEMING, THE PROCEEDS MAY BE WORTH LESS THAN THE ORIGINAL INVESTMENT AND ANY LOSSES WILL
BE SOLELY FOR THE ACCOUNT OF THE CLIENT.
wTHE TRUSTEE IS NOT LIABLE FOR ANY LOSS UNLESS UPON WILLFUL DEFAULT, BAD FAITH OR GROSS NEGLIGENCE.

For more information, visit our website at www.bdo.com.ph/trust or call (02) 840-7000 locals 4265 / 4244 / 4035 / 7032
or email us at investments@bdo.com.ph
BDO UNIBANK, INC. – TRUST AND INVESTMENTS GROUP

BDO PESO MONEY MARKET FUND

KEY INFORMATION AND INVESTMENT DISCLOSURE STATEMENT (Page 2)

Month Ended July 31,2019

FUND PERFORMANCE AND STATISTICS NAVPU over the past 12 months

AS OF July 31,2019 Highest PHP 1,597.6689
(Purely for reference purposes and not a guarantee of future results) Lowest PHP 1,548.4731

Statistics
Fund’s NAVPu vs Benchmark & Bloomberg Average 30-day SSA Rate Weighted Ave. Duration 0.85
1,650 Weighted Ave. Life (years) 0.85
1,600
1,550
BDO Peso Money Market Fund Volatility, Past 1 Year3 0.14%
91-d T-Bill Auction Rate (net)
1,500
30-day Ave. SSA Rate (net)
Sharpe Ratio4 13.11
1,450
1,400 Information Ratio5 (9.80)
1,350 Weighted Ave.Yield (net)6 3.06%
1,300 3
1,250 Volatility measures the degree to which the Fund
1,200 insert graph here fluctuates vis-à-vis its average return over a period of
1,150
1,100 time.
1,050 4 Sharpe Ratio is used to characterize how well the
1,000
1-Apr-05 31-Jul-19
return of a Fund compensates the investor for the
level of risk taken. The higher the number, the better.
5
Information Ratio measures reward-to-risk efficiency
Cumulative Performance (%) of the portfolio relative to the benchmark. The higher
the number, the higher the reward per unit of risk.
Period 1 mo 3 mos 6 mos 1 yr 3 yrs 6
Net of taxes and trust fees

Fund1 0.34% 0.94% 1.79% 3.18% 6.19%

Benchmark2 0.29% 0.96% 2.10% 3.99% 7.83%
1
Past performance is not indicative of future performance. Top Ten Holdings7 (%)
2
The Fund's benchmark is the 91-day T-Bill rates. Issue % of Portfolio
BDO 8-20 8/11/2020 6.42% 4.9%
Portfolio Composition ES SMC 5-20 5/25/2020 5.25% 4.4%
Long Term TD, TD Other Bank 10/9/2019 4.8% 2.5%
25.90% TD Other Bank 10/7/2019 4.8% 2.5%
Fixed Rate Note,
10.04%
TD Other Bank 9/20/2019 4.25% 2.1%
TD Other Bank 8/23/2019 5% 2.1%
TD Other Bank 10/14/2019 4.4% 1.9%
TD Other Bank 9/17/2019 4% 1.9%
TD Other Bank 10/11/2019 4.8% 1.8%
TD Other Bank 8/13/2019 6.25% 1.8%
Total 25.9%
7
Short Term TD, The complete list of portfolio holdings is available
64.06% upon request

OTHER DISCLOSURES

RELATED PARTY TRANSACTIONS

The Fund has investments and trade transactions with BDO Unibank, Inc., its subsidiaries and related parties, as follows:

Transaction Market Value (Mln)

BDO Unibank, Inc. Time Deposit Placement 7,310.47
BDO 8-20 Investment in Bonds 4,136.82
China Bank Time Deposit Placement 1,200.00

Investments in the said outlets were approved by the Trust Committee. Likewise, all related party transactions are conducted on an arm’s
length and best execution basis and within established limits.
BDO UNIBANK, INC. – TRUST AND INVESTMENTS GROUP

BDO PESO MONEY MARKET FUND

KEY INFORMATION AND INVESTMENT DISCLOSURE STATEMENT (Page 3)

Month Ended July 31,2019

OTHER DISCLOSURES
OUTLOOK AND STRATEGY
June inflation decelerated to 2.7% coming from 3.2% the previous month. According to the Philippine Statistics Authority (PSA), this is
attributable to the slowdown in commodity prices mostly due to base effects and the implementation of the rice tariffication law. The Bangko
Sentral ng Pilipinas (BSP) chose to maintain its interest rate at 4.5% but will likely cut it in the next Monetary Board meeting in August as it
foresees manageable inflation for the rest of the year. As the final tranche of 50 basis points out of the 200 basis points slash in the reserve
requirement ratio (RRR) took effect in end-July, time deposit rates went down drastically to 3.7% for one- to two-month placements from 4.25%
previously. The PMMF’s duration for July was at 0.82 years.

INVESTMENT POLICY / PROSPECTIVE INVESTMENTS

The Fund may invest in deposits in the trustee’s bank or in other banks, securities issued or guaranteed by the Philippine Government
or the BSP, tradable securities issued by any supranational entity and exchange-listed fixed income securities. Subject to BSP
guidelines and the Trustee’s Trust Committee approval, the Fund may also avail of financial derivative instruments solely for the
purpose of hedging risk exposures, as well as invest in other tradable investment outlets/categories as may be deemed suitable for the
Fund.

OTHER BASIC FUND FACTS

Trust Fee: 0.50% p.a. Bloomberg Ticker: <BDOPMMF PM>
Initial NAVPU: PHP1,000.00 NAVPU Availability: Every trading day at 4:00 p.m.
• Available via the Easy Investment Plan (EIP), an investment build-up plan that enables investors to attain their financial goals and
financial wellness through the twin habits of regularly saving and investing via selected BDO UITFs; subject to a non-completion fee of
0.50% of original participation amount.
• Available via the Easy Redemption Plan (ERP), a redemption facility that allows participants to partially, automatically and regularly
receive regular cash pay-outs from their investments in units of participation in the Fund; subject to a subscription processing fee as
detailed in the BDO ERP Joining Terms and Conditions approved by BDO's Trust Committee on January 10, 2015. The Board of
Directors and the BSP have approved the basis of COP enrolment in the ERP from market value at time of enrolment to original
participation amount of the COP/s to be enrolled.
• The availability of Fund's Switching Feature, a feature which allows an existing Participant to request that his UITF units of
participation be redeemed and the proceeds thereof reinvested in the units of participation of one or several BDO UITF/s (up to a
maximum of five UITFs) with the same or longer settlement period and the same currency without the need to wait for the usual
settlement period for redemptions, has not been implemented yet. Participants will be notified once this feature is available.
• The results of the latest annual audit are available to all participants upon request via email (investments@bdo.com.ph)
• Distribution Channels: Head Office, Invest Online, Local BDO Branches and selected One Network Bank (ONB) Branches under
cross-selling arrangement.

OTHER PERFORMANCE INDICATORS

Period Fund Benchmark Bloomberg Ave. 30-day SSA Rate
Year to Date 2.09% 2.51% 0.77%
Five Years Ago 9.08% 10.67% 5.04%
Since Inception 59.77% 40.26% 33.00%
CAGR8 Since Inception 3.32% 2.39% 2.01%
8
Compounded Annual Growth Rate (CAGR) measures how fast an investment would have grown over time if it grew at a steady rate
instead of actual varying rates.
BDO UNIBANK, INC. – TRUST AND INVESTMENTS GROUP

BDO PESO MONEY MARKET FUND

KEY INFORMATION AND INVESTMENT DISCLOSURE STATEMENT (Page 4)

Month Ended July 31,2019

OTHER DISCLOSURES

RESIDENCY OF TARGET MARKET

Filipino Citizens, Philippine residents, and domestic corporations with capacity to contract and who are not considered US Persons
under the US securities and tax laws.

Prospective participants/clients should also consult their own tax advisors as to the specific Philippine tax consequences of acquiring,
holding and redeeming of units of any Fund/investment outlet, as well as the consequences arising under the laws of any other taxing
jurisdiction

BDO Unibank, Inc.-Trust and Investments Group is regulated by the Bangko Sentral ng Pilipinas (BSP). For any inquiries and
complaints relating to our services and products you may 1) call 840-7000 locals 4265 / 4244 / 4035 / 7032; 2) send an email to
trust.complaints@bdo.com.ph ; or 3) visit/call/email your assigned Trust Marketing Officer or the Branch Manager/Marketing Officer of
your servicing branch. For more details on BDO's complaints handling process, please visit: www.bdo.com.ph/consumer-assistance.
You may also file your complaints at BSP Financial Consumer Protection Department at (632) 708-7087 or
consumeraffairs@bsp.gov.ph . To know your rights under BSP Circular No. 857 (Regulations on Financial Consumer Protection),
please access a copy at the BSP website (www.bsp.gov.ph ).
 NOTICE TO THE PARTICIPANTS OF THE
BDO PESO MONEY MARKET FUND
July 15, 2019

Subject: Amendments to the Plan Rules of the BDO Peso Money Market Fund

Dear Valued Investors,

We are pleased to inform you that the BDO Trust Committee, on its meeting held last June 29,
2019, has approved the following amendments to the Plan Rules (Declaration of Trust) of the
BDO Peso Money Market Fund (the “Fund”), effective September 2, 2019:

Amendments to the Plan Rules (Details in Annex A)

a. Reduction in minimum investment amounts to Php 10,000;
b. Change in benchmark index to Bloomberg Average 30-day Special Savings Rate;
c. Deletion of the reference to weighted average life in the Fund’s investment
objective; and
d. Deletion of the specific provision on the basis of valuation of the Fund’s investment
in various asset classes.

We advise you to evaluate these changes carefully. If the Fund remains suitable to your
investment profile, there is no need for you to do anything. Your decision to remain invested in
the Fund will be deemed as your conformity with these amendments. If this is not the case or you
are not in conformity with the above amendments, you may get in touch with your Trust Marketing
Officer and/or servicing BDO branch before September 2, 2019 to discuss other BDO
UITFs/investment products that may better match your requirements.

For clarifications, please feel free to call us at the following numbers: 878-4265, 878-4035 or 878-
4244. You may also email us at investments@bdo.com.ph and we will be glad to assist you.

Thank you for your continued patronage.

BDO Unibank, Inc. – Trust and Investments Group

For Easy Investment Plan (EIP) Participants of BDO Peso Money Market Fund
EIP accounts opened before September 2, 2019 will continue to be issued a Confirmation of
Participation (COP) upon reaching a market value of at least PHP100,000, or such higher
amount specified by the client at the time of EIP enrollment.
New EIP applications beginning September 2, 2019 will now follow the reduced minimum
market value for issuance of COP of PHP10,000.

Summary Matrix on the Revisions in the Plan Rules of the BDO Peso Money Market Fund
AMENDMENTS
1. Reduction in minimum
investment amounts
(1) Minimum initial participation
(2) Minimum maintaining
participation
(3) Minimum additional
contribution
(DOT Appendix 1, Sec. 4a)
2. Change in benchmark index
(DOT Appendix 1, Sec. 1b)
3. Deletion of the reference to
weighted average life in the
Fund’s investment objective
(DOT Appendix 1, Sec. 1a)
4. Deletion of the specific
provision on the basis of
valuation of the Fund’s
investment in various asset
classes but retaining the
general provision on
adoption of BSP regulation
on marking-to-market of
assets
(DOT Appendix 1, Sec. 5)
Annex A
FROM TO
Php 100,000 Php 10,000
“The Fund aims for a return “The Fund aims for a return
equal or better than the yield of equal or better than the
portfolio invested in 91 day Bloomberg Average 30 day
Treasury Bills.” Special Savings Rate.”
“The objective of the Fund is to “The objective of the Fund is to
preserve capital and generate preserve capital and generate
income from low risk income from low risk
investments. The Fund investments. The Fund
intends to achieve this intends to achieve this
objective by investing in fixed objective by investing in fixed
income securities with a income securities.”
portfolio weighted average life
of not more than one (1) year.”
“All assets of the Fund shall be “All assets of the Fund shall be
marked to market daily in marked to market daily in
accordance with existing BSP accordance with existing BSP
rules and regulations on rules and regulations on
marking to market valuation of marking to market valuation of
investment instruments. investment instruments.” xxx
Below is the basis for the
pricing/valuation per asset
class/asset:
 Deposits – priced at par
plus accrued interest
 Government Securities
a. T-bills- FXTN – in
accordance with existing BSP
rules and regulations on
marking to market valuation of
investment in government
securities.
b. RRP and other
deposit instruments with BSP
– priced at par plus accrued
interest
 Corporate Loans/Bonds –
in the absence of a pricing
basis from the Fixed
Income Exchange, market
price is computed using
the yield of a benchmark
government security of a
similar tenor plus a
spread.
 Derivatives – based on
the valuation pattern
appropriate for the type of
derivative used for
hedging as provided
under the Philippine
Accounting Standards
(PAS) 39, Financial
Instruments: Recognition
and Measurement.” xxx