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Rsp Faqs as of 08112014

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  Frequently Asked Questions (FAQs) on the Regular Subscription Plan A. Overview: 1. What is the Regular Subscription Plan (RSP)? The Regular Subscription Plan is an investment program that allows you to nominate a regular contribution amount for the purchase of units for your investment fund account on a periodic basis, either on a monthly or quarterly basis. 2. What are the benefits of RSP? Aside from the usual advantages derived from investing in the BPI Investment Funds, RSP offers the following additional benefits: a. Higher returns. By enrolling your Investment Fund account into the RSP, a regular contribution amount is debited from your BPI settlement account on a periodic basis, say on a monthly or quarterly basis, for the purchase of units based on the prevailing price. This build up strategy allows you to average your acquisition cost. When prices are low, more units are purchased, while when prices are high, fewer units are bought, but the overall value of your portfolio likewise increases. b. No market-timing needed. Because additional investments are automatically programmed regardless of the movements in the market, there is no longer any need to analyze market information before deciding when to invest. Gathering the relevant information necessary to time the market is being done by the Fund Manager for you. Quantitative studies conducted abroad have proven that while the age- old advice to buy low and sell high is simple and obvious, a client’s very unsystematic behavior leads many to do the opposite. It is advised, therefore, that the best course of action is to invest regularly and to stay invested. c. Convenience. You don’t need to visit a BPI branch to buy units of participation since contributions are programmed and electronically processed depending on the schedule that you have identified. d. Control. You retain control over your investments since you determine the dates of contribution and the regular contribution amounts for the RSP. Moreover, you may stop and re-start the RSP any time. e. Affordability . With low minimum initial and additional contribution amounts, you can now start building your investment portfolio!  3. What funds will be made available for RSP? The RSP is available for the following Investment Funds: BPI Investment Funds Odyssey Funds BPI Index Funds  Peso Denominated Funds BPI Short Term Fund Odyssey Cash Management Fund BPI Phil Equity Index Fund BPI Premium Bond Fund Odyssey Peso Income Fund ABF Phils Bond Index Fund BPI Balanced Fund Odyssey Peso Bond Fund BPI Equity Value Fund Odyssey Diversified Capital Fund BPI Philippine High Dividend Equity Fund Odyssey Diversified Balanced Fund Odyssey Philippine Equity Fund Odyssey Phil High Conviction Equity Fund Global Funds BPI Global Bond Fund-of-Funds Odyssey Emerging Market Bond Fund Phil Dollar Bond Index Fund BPI Global Philippine Fund Odyssey Philippine Dollar Bond Fund BPI US Equity Index Feeder Fund BPI Global Equity Fund-of-Funds Odyssey Asia Pacific High Dividend Equity Fund BPI European Equity Index Feeder Fund 4. Can I have different RSP set-ups for one fund? Yes. You may have different RSP set ups for one fund. Example: You may have 1 monthly and 1 quarterly RSP set up for one fund running simultaneously. You may also have 2 monthly RSP set-ups (different dates) running simultaneously. B. On Activating the RSP: 1. Where can I request for the activation of the RSP for my Investment Funds? The following channels are available to you if you want to enroll your investment account in the Regular Subscription Plan. a . Via the internet through BPI Expressonline (www. bpiexpressonline.com)  –  To avail of the RSP through this facility you need to be enrolled in BPI Expressonline. If you are already enrolled in BPI Expressonline, you may register your investment account to avail of the RSP. If you are not yet enrolled, then you would have to enroll your settlement account/other qualified deposit account with BPI and your investment account in BPI Express online. b . Via the Branches - You may visit any BPI branch to request for the activation of the RSP.  2. I have an existing investment account in BPI Expressonline, how do I activate my RSP? Just follow these easy steps: Step 1: Log in to BPI Expressonline  Step 2: Go to Investments > Unit Investment Trust Funds > Subscribe > Regular Subscription Plan (RSP) Step 3: Select the Investment Account Number that you wish to enroll in RSP  Step 4: Select the investment fund for RSP activation and click the RSP Setup button  Step 5: Provide your RSP details  Step 6: Review and confirm your subscription order  Step 7: A confirmation page of the RSP will appear and an email confirmation of your RSP activation will be sent to your registered BPI Expressonline email address . 3. Can I nominate another deposit account where the subsequent contribution will be debited? Your automatic/scheduled contribution will be debited only from the nominated settlement account of your investment account. 4. Can I immediately enroll in RSP upon account opening? Yes. You may immediately enroll in RSP upon account opening.  5. What are the minimum investment amounts to avail of the RSP? a. For new investment accounts or accounts with no existing investments: To activate the RSP for new accounts or accounts with no existing investments, you are required to make an initial RSP contribution on the day of the enrollment. Without the minimum initial investment amount, subsequent subscriptions will not be triggered. Fund Minimum Initial Investment Amount Minimum Transaction Amount BPI Investment Funds  All Peso Funds PhP 10,000 PhP 1,000 All Global Funds US$ 500 US$ 200 Odyssey Funds  All Peso Funds PhP 10,000 PhP 5,000 All Global Funds except APHD US$ 1,000 US$ 100 Odyssey Asia Pacific High Dividend Equity Fund US$ 5,000 US$ 1,000 BPI Index Funds All Peso Index Funds PhP 10,000 PhP 1,000 Philippine Dollar Bond Index Fund US$ 500 US$ 200 BPI US Equity Index Feeder Fund US$ 1,000 US$ 500 BPI European Equity Index Feeder Fund US$ 1,000 US$ 500

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Jul 23, 2017
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