Philam Life Short Term Fund

The Philam Life Short Term Fund seeks to provide investors a parking fund that is invested in stable and highly liquid investments. The fund is invested primarily in peso-denominated short-term Fixed Income securities issued by the Philippine Government.

The Philam Life Short Term Fund is applicable only for fund switching which serves as a “parking” fund for a limited time.

“Parking” shall mean the act or practice of momentarily placing in a fund that is invested in relatively-low risk and highly-liquid securities with the intent of searching for investment opportunities and divesting from such placement.