AFTER READING, PLEASE CLOSE THIS DOCUMENT TO CONTINUE WITH YOUR TRANSACTION.
Omnibus Participating Trust Agreement
The PERA Contributor, as TRUSTOR, through this Omnibus Participating Trust Agreement (the “Agreement”), hereby agrees to participate in the BDO PERA
Unit Investment Trust Fund/s he has duly selected in his online PERA application (the “Fund/s”) established and administered by BDO Unibank, Inc. - Trust and
Investments Group (the “TRUSTEE”).
It is expressly understood and agreed that this Agreement is subject to, and does not amend, modify or limit, the respective Fund/s’ Declaration/s of Trust
(the “Plan Rules”). As such, the TRUSTOR hereby explicitly acknowledges having read and fully understood the Plan Rules pertaining to his investment/s and
is amenable to all the terms and conditions contained therein. The TRUSTOR also confirms that the Fund/s is/are suitable to his investment requirements.
The TRUSTOR fully agrees to the following:
1. Participation and Redemption – Participation in the Fund/s and
redemption of such participation shall be allowed only on the basis of
the net asset value of each participation unit (the “NAVPU”) determined
in accordance with the applicable Plan Rules. The TRUSTOR’s
investment in each Fund shall be expressed in terms of number of
units of participation as appearing in the TRUSTOR’s evidence of
participation.
As his participation, the TRUSTOR shall transfer, convey and pay unto
the TRUSTEE, such amount representing the value of the units as
indicated in the TRUSTOR’s evidence of participation, in the currency
likewise indicated therein.
The TRUSTOR may redeem his participation in a Fund by surrendering
his relevant evidence of participation to the TRUSTEE. Alternatively,
other means of redemption notice may be honored, provided they are
allowed under the TRUSTEE’s policy. Participation and redemption shall
be allowed only at such frequency or at such times as provided in the
applicable Plan Rules.
2. Client Suitability – Prior to the acceptance of participation, the TRUSTEE
shall perform client suitability, through Client Suitability Assessment forms,
which shall be acknowledged, agreed to and signed by the TRUSTOR
electronically.
3. Disclosure of Risks – The TRUSTOR confirms that he has read and
understood the Risk Disclosure Statement prior to executing and
agreeing to be bound by this Agreement.
4. Administration and Investment of Each Fund – Each Fund, which is
the pool of trust funds from the participating trustors thereof, shall
be managed, administered and invested by the TRUSTEE under the
operation of the applicable Plan Rules.
5. Disclosure of Investment Outlets – The TRUSTEE shall make available
for the information of any interested participant a list of prospective
and outstanding investment outlets for each Fund, which list shall be
updated quarterly.
6. Compensation – As compensation for the TRUSTEE’s services, it shall
be entitled to a compensation as provided in the applicable Plan Rules.
7. Cooling-off Period – The TRUSTOR shall be entitled to a period of two
banking days from the date of this Agreement within which to terminate
the same without penalty subject, however, to the TRUSTOR’s payment
of all costs and expenses arising from such termination, if any. All losses
arising from the termination shall be for the account of the TRUSTOR.
For UITFs with existing early redemption fee, such fee, which accrues
in favor of the relevant Fund, shall continue to apply. No penalty shall,
however, be charged.
8. Disclosure – The TRUSTEE is allowed to disclose information, in any
form, and provide documents relating to the TRUSTOR if required
or permitted to do so by (a) Any applicable law or regulation; or (b)
Any central depository, clearing body, company registrar, securities
exchange, courts, regulatory body or bank examiners. The TRUSTOR
likewise authorizes the transfer, disclosure and communication of any
information relating to him from the TRUSTEE to, between and among
offices and branches of the TRUSTEE in connection with the provision
of any product or services to the TRUSTOR and/or for data processing,
storage, analysis, customer satisfaction surveys and anti-money
laundering law and US Foreign Account Tax Compliance Act (and other
similar laws) monitoring and reporting. The TRUSTOR likewise consents
to the use, processing and retention of personal information (as defined
under the Data Privacy Act of 2012) pertaining to him by the TRUSTEE
for the purpose of this Agreement and in accordance with law and
regulations.
For BDO UITFs Qualified as PERA Investment Product*
9. Liability of TRUSTEE – Save that attributable to the TRUSTEE’s fraud,
willful default, evident bad faith or gross negligence, the TRUSTEE shall
not be liable for any loss or depreciation in the value of the Fund/s or in
the value of the TRUSTOR’s units of participation in the Fund/s arising
from any act done by the TRUSTEE pursuant to the terms hereof and the
applicable Plan Rules. Neither shall the TRUSTEE be liable for refraining
to do any act where such inaction in the good faith judgment of the
TRUSTEE is necessary and appropriate for the proper and advantageous
administration and management of the Fund/s.
10. Complaints Handling – For any complaint regarding this product, you
may (a) call the BDO phone banking hotline at 631-8000; or (b) send an
email to trust.complaints@bdo.com.ph. Complaints will be immediately
relayed/elevated to the proper person for handling in accordance with
the TRUSTEE’s policies.
11. Amendments – This Agreement shall be deemed automatically
modified as and when the Plan Rules are amended by the TRUSTEE in
order to comply with applicable laws and/or Bangko Sentral ng Pilipinas
regulations and for such other purposes as may be deemed proper by
the TRUSTEE.
12. Term of Agreement – This Agreement shall continue and remain in
force until the termination of the Fund/s in accordance with the Plan
Rules or with laws or regulations then existing.
13. Reference Documents – The terms and conditions in the Plan Rules,
Risk Disclosure Statement, client suitability test and the evidence of
participation are incorporated herein by reference, restated herein
and shall form an integral part hereof. In executing this Agreement, the
TRUSTOR represents that he has carefully read and fully understood the
same documents and that he has agreed to be bound by all the terms
and conditions thereof. In case of inconsistencies, the provisions of
the Plan Rules shall prevail over those of this Agreement and the other
reference documents.
14. Evidence of Participation – Contributions of the TRUSTOR into
any of the Funds shall be evidenced by a separate Confirmation of
Participation or Statement of Account, which is issued by the TRUSTEE
for this purpose. Any evidence of participation is non-negotiable and
serves only to confirm the units purchased as of its date. The possession
of the original copy of any evidence of participation does not constitute
proof that the units appearing therein remain outstanding. The
TRUSTOR’s outstanding units shall be based on the books and records
of the TRUSTEE. The TRUSTEE reserves the right to require the prior
surrender of any evidence of participation upon redemption of units.
Notwithstanding the requirement for surrender, mere possession of the
evidence of participation shall not be presumed or deemed as proof of
non-payment of the participation.
15. The TRUSTOR acknowledges that the Fund/s are trust products
and are NOT deposit accounts nor obligations of, nor guaranteed,
nor insured by BDO Unibank, Inc. or its afiliates or subsidiaries and
therefore, are not insured or governed by the Philippine Deposit
Insurance Corporation (PDIC). Each Fund does not carry any
guaranteed rate of return and any income or loss arising from market
fluctuations and price volatility of the securities held by the Fund/s,
including investments in government securities, is for the TRUSTOR’s
account. The units of participation in a Fund, when redeemed, may be
worth more or less than the TRUSTOR’s initial investment. Historical
performance, when presented, is purely for reference purposes and is
not a guarantee of similar future results. The TRUSTEE is not liable for
losses, unless there is fraud, willful default, evident bad faith or gross
negligence on its part.
*BDO PERA Short Term Fund, BDO PERA Bond Index Fund and BDO PERA Equity Index Fund
 BDO PERA Bond Index Fund

Investment Policy Statement (IPS)

The BDO PERA Bond Index Fund is a peso-denominated index tracker bond fund. The Fund aims to achieve investment returns that
closely track the total return of the Markit iBoxx ALBI Philippines 1-5 (Domestic) Index, by investing in a diversified portfolio of peso-
denominated bonds.

The Fund is primarily suitable for PERA Contributors with moderate risk profile and who are looking for higher yields and are willing
to take the attendant risks due to the nature of the Fund’s investments. In order to minimize risk and maximize earning potential,
Participants are recommended to stay invested in the Fund for at least three (3) years. The Fund may not be appropriate for short
term investment.

Minimum
Investment PHP 1,000.00

Minimum Thirty (30)

Holding Period Calendar Days

Early 1.00%
Redemption Fee of Original Participation Amount

Dealing Up to 2:30 pm
for both acceptances and notices of
Period redemptions

Settlement One (1) banking day after notice of

Period redemption is received

Trust Fee 1.00% p.a.


Risk Disclosure Statement
Investing provides potential rewards in the long run by taking on risks.
As a prudent investor, you must also understand the different risks that
are inherent to the BDO UITFs that you will be investing in.
MYTH: RISK is always something BAD.
TRUTH: RISK can be a source of opportunity as well
as the source of loss for the investor. The exposure to
certain events, situations and circumstances can affect
the purchase and sale of investments and may result in
either an actual profit or an actual loss.
Risk management is about maximizing the opportunities and minimizing the
negative consequences and this is where BDO Trust and Investments Group
can help you with, through your participation in our Unit Investment Trust
Funds (UITFs).
Kindly read and understand the different types of risks because we would like
to ensure that you are comfortable with the investments that you are getting
into. If you have questions, you may email pera@bdo.com.ph.
Interest Rate Risk - Interest from bonds provide regular income to
investors which may be beneficial to those anticipating or relying on
such earnings. This type of investments however, carry interest rate
risk. Interest Rate Risk is applicable to investments in debt securities
like bonds. It refers to the risk of bond interest rates moving up causing
prices to go down resulting to losses. The price of such investments is
inversely related to interest rate.
An investor who invested in a bond while interest rates are going up
may lose some value of the investment due to the lower price. A bond
investor who holds the bond until maturity will not be subjected to
interest rate risk.
Market/Price Risk – Market/price volatility may provide better profit
to those who are willing to take such risk. It refers to the risk of an
investment having a lower market price resulting to losses. The value of
the investments are affected by the price changes or market fluctuations.
This risk affects all investment securities traded in the market including
bonds and equities.
An investor who bought an investment with the goal of generating profit
from selling the investment at a higher price will be negatively affected
when the price of such investment drops instead.
AFTER READING, PLEASE CLOSE THIS DOCUMENT TO CONTINUE WITH YOUR TRANSACTION.
BDO PERA Bond Index Fund
Liquidity Risk – A properly developed portfolio already providing for
future use of funds may avoid liquidity risk while at the same time
generate higher potential returns. It refers to the risk of the inability to
sell an investment at the desired price or to sell the same at a lower price
or at a loss. At times even the most liquid securities may be affected by
market liquidity. This risk affects all investment securities traded in the
market including bonds and equities.
An investor who wants to sell an investment at say P100 may find that
there are no willing buyers at that given price. Some buyers may be
willing to buy only at a lower price thus subjecting the investor to liquidity
risk.
Credit/Default Risk – Investments with higher credit / default risk
commonly have higher returns. It refers to the risk that the borrowers
of money may be unable to pay the interest or principal when due. This
risk affects all fixed income investments. Issuers of bonds and other debt
instruments may provide higher interest rates but may carry a higher
degree of uncertainty to pay the interest and/or principal of its debt in a
timely manner.
An investor who invested in a bond where the issuer goes bankrupt and
unable to pay the interest or the principal when due is subject to credit
or default risk.
Reinvestment Risk – Investment in bonds provide certain rewards to
the investor in terms of regular income through payment of interest and
the principal on maturity. However, on maturity when the proceeds are to
be reinvested it may be subjected to reinvestment risks where the new
bond investment will be at a lower interest rate. This risk affects all fixed
income investments.
An investor who is faced with the non-availability of investment outlets
which will provide similar or better returns earned from maturing bond
investments is subject to reinvestment risk.
UITFS ARE NOT DEPOSIT ACCOUNTS BUT ARE PRODUCTS OF
TRUST ENTITIES. IN AGREEING TO PARTICIPATE IN A UITF, A
PARTICIPANT IS MAKING AN INVESTMENT AND NOT A DEPOSIT
AND SUCH INVESTMENT IS THEREFORE NOT INSURED
NOR GOVERNED BY THE PHILIPPINE DEPOSIT INSURANCE
CORPORATION (PDIC). BDO UITFS ARE ALSO NOT GUARANTEED
NOR INSURED BY BDO UNIBANK, INC., ITS AFFILIATES OR
SUBSIDIARIES. ANY INCOME/LOSS IN SUCH INVESTMENTS ARE
FOR THE ACCOUNT OF THE PARTICIPANT. BDO TRUST AND
INVESTMENTS GROUP IS NOT LIABLE FOR LOSSES UNLESS
THERE IS WILFUL DEFAULT, BAD FAITH OR GROSS NEGLIGENCE
ON ITS PART.