The BPI PERA Corporate Income Fund is a bond fund for your retirement savings that aims to grow your money through Philippine corporate bonds and preferred shares, with the tax advantages of a PERA account. Here's what it holds, who it suits, and how it works on DragonFi.
It's a PERA UITF, a Unit Investment Trust Fund built specifically for a Personal Equity and Retirement Account (PERA). It seeks capital appreciation and income by investing mainly in securities issued by Philippine companies. It is managed by BPI Wealth.
What does it invest in?
The fund invests in a diversified mix of preferred stocks and fixed income securities primarily issued by Philippine corporations. Its performance is measured against the BPI Philippine Corporate Bond Index. Because it focuses on corporate issuers, it aims for slightly higher yields than a pure government bond fund, in exchange for a bit more credit risk.
Who is this fund for?
This fund may suit you if you:
- Are saving for retirement through a PERA account
- Want steady income and modest growth from corporate bonds
- Are comfortable with moderate movements in value
- Want to diversify your PERA beyond government bonds and money market funds
What's the risk level?
This is a moderate-risk fund. Its value can move with interest rates and with the financial health of the companies it invests in. Corporate securities can offer higher yields than government bonds, but they carry a bit more credit risk. Returns are not guaranteed.
Is this a PERA or Regular fund?
This is a PERA fund, held inside a Personal Equity and Retirement Account. PERA comes with meaningful tax advantages: a 5% tax credit on your yearly contributions, tax-free growth on your earnings, and tax-free withdrawals once you reach age 55 and have contributed for at least five years. Because of these tax features, a PERA fund can potentially deliver higher net returns than the same type of fund held in a regular account.
What are the fees?
Like all UITFs, this fund charges a 1.25% per annum trust fee, already deducted from the fund before the daily price is calculated, so you don't pay it separately. Fees can change over time, so for the exact current trust fee, check this fund's page in the DragonFi app.
What's the minimum investment?
You can start investing in this fund for as low as ₱1,000 on DragonFi, and you can add to it any time.
How do I invest in or add to this fund?
You can invest in or top up this fund directly in the DragonFi app, within your PERA account. For the full steps, the daily cut-off time, and how your buy-in price (NAVPU) is set, see the "How to invest in a fund" article by DragonFi.
How do I sell or redeem it?
You can redeem from this fund in the app, but the money needs to stay in your PERA account. Keep in mind that PERA has its own withdrawal rules: withdrawing before age 55 or before completing five years of contributions may mean giving up some of the tax benefits. For how redemptions and PERA withdrawals work, see DragonFi's PERA articles.
How long does it take to receive the money after I sell?
It takes 2 to 3 business days for the money to be credited to your account after selling the fund.
Where do I see the current NAVPU and returns?
The live price (NAVPU) and the latest returns are always shown on this fund's page in the DragonFi app. We don't list those figures here because they change every day, so the app is your most up-to-date source.
Good to know
- Corporate focus. It invests in company-issued bonds and preferred shares, which aim for higher yields than government bonds.
-
Interest rates and credit matter. Values can move with interest rates and with the financial strength of the issuing companies.
Access the fund page here:
BPI PERA Corporate Income Fund | DragonFi
This fund is not a deposit and is not insured by the Philippine Deposit Insurance Corporation (PDIC). Returns are not guaranteed. The fund's price (NAVPU) can rise and fall, so you may get back less than you invested, and past performance is not indicative of future results.