The ATRAM Short Term Peso Bond Fund is a low-risk fund that keeps your money stable and accessible while aiming to beat a time deposit, using short-dated Philippine government securities. Here's what it holds, who it suits, and how to invest through DragonFi.
What is the ATRAM Short Term Peso Bond Fund?
Despite the name, this is a money market UITF (Unit Investment Trust Fund, a pooled fund run by a trust company), not a typical bond fund. Its objectives are capital preservation, liquidity, and opportunistic yield enhancement, and it aims to be an accessible home for your short-term funds. It is managed by ATRAM, and it's one of the longest-running funds on the platform, dating back to 2006.
What does it invest in?
The fund invests in short-term fixed income instruments, mainly securities issued or guaranteed by the Philippine government and the Bangko Sentral ng Pilipinas, alongside marketable fixed income instruments, time deposits with banks, and other short-dated outlets. Crucially, its investments must have no more than three years left to maturity, and in practice the portfolio's average sensitivity to interest rates is well under a year. That short leash is what keeps it stable. Its performance is measured against a Philippine sovereign money market index.
Who is this fund for?
This fund may suit you if you:
- Give prime consideration to high liquidity and keeping your capital secure
- Are seeking better returns than a time deposit
- Have a short-term investment horizon
- Want a low-risk place for money you may need before long
What's the risk level?
This is a conservative-risk fund, the lowest of the three risk bands. Because it holds only short-dated, mostly government instruments, its value moves very little from day to day. Bond prices do fall when interest rates rise, but keeping maturities short sharply limits how much this fund is affected. 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 0.375% 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 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.
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. Proceeds are credited within 1 to 2 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
- "Bond" in the name, money market in practice. Because its holdings are capped at three years to maturity, this fund behaves much more like a money market fund than a typical bond fund. Don't expect the bigger swings, or the bigger long-term potential, of a longer-dated bond fund.
- Mostly government-backed. The large majority of the portfolio sits in Philippine government securities, which is a key reason its risk stays low.
- A long track record. The fund has been running since 2006, through several interest rate cycles.
Access the fund page here:
ATRAM Short Term Peso Bond 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.