The ATRAM Global Financials Feeder Fund lets you invest in the world's banks, insurers, and payment companies using Philippine pesos. Here's what it holds, who it suits, and how to invest through DragonFi.
What is the ATRAM Global Financials Feeder Fund?
It's an equity UITF structured as a feeder fund, which means it channels almost all of your money into a single larger fund focused on financial companies worldwide. It is managed by ATRAM.
What does it invest in?
Through its target fund, it invests in equity securities of companies whose predominant economic activity is financial services. That spans traditional financial firms, including banks, insurers, asset managers, and investment banks, alongside financial technology companies such as digital payments providers. The target fund invests globally, including in emerging markets. Its performance is measured against the MSCI AC World Financials Index.
What's the target fund?
At least 90% of the fund's assets are invested in the BlackRock Global Funds, World Financials Fund, managed by BlackRock. For its current holdings and the full breakdown, see the fund's page in the DragonFi app.
Who is this fund for?
This fund may suit you if you:
- Believe in the long-term growth of global banking, insurance, and payments
- Want focused exposure to a sector tied closely to the health of the wider economy
- Are comfortable with the ups and downs of the stock market
- Are investing for the long term, ideally five years or more
What's the risk level?
This is an aggressive-risk fund, the highest of the three risk bands. As a stock fund focused on a single sector, its value can swing significantly. Financial companies are also closely tied to interest rates and the broader economic cycle, so they can move sharply when conditions shift. Because the underlying investments are in foreign currencies, exchange rate movements also affect your returns. Returns are not guaranteed.
Can I hold this in a PERA or Regular account?
This fund is available through a Regular DragonFi account. It is not one of DragonFi's PERA-eligible funds.
What are the fees?
Like all UITFs, this fund charges a 1.2% per annum trust fee, already deducted from the fund before the daily price is calculated, so you don't pay it separately. Because it's a feeder fund, you also indirectly shoulder the small expenses of the underlying target fund. 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 in a few taps. You can also set up Auto Invest to invest a fixed amount on a regular schedule. 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. One thing to know about feeder funds: because the target fund is based overseas, your order may be priced with a slight delay compared with local funds.
How do I sell or redeem it?
You can redeem some or all of your investment in the app whenever you like, with no fixed lock-in period. Because this is a feeder fund, proceeds usually take a little longer to arrive than they would for a local fund, since the money comes from the overseas target fund. Proceeds are credited within 7 to 8 business days. For details, see the "How to sell or redeem a fund" article by DragonFi.
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
- Tied to the economic cycle. Banks and insurers tend to do well when the economy is growing and interest rates are favourable, and to struggle when conditions turn. That makes this fund more cyclical than a broad global fund.
- Old finance and new. Alongside established banks and insurers, the target fund also invests in financial technology companies, so it isn't purely a bet on traditional banking.
- Currency moves matter. The fund is in pesos while the target fund is in US dollars, and this exposure is not hedged, so exchange rates affect your returns.
Access the fund page here:
ATRAM Global Financials Feeder 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.