ALFM Peso Bond FundThe ALFM Peso Bond Fund is the largest mutual fund in the Philippines. It has consistently provided superior returns to its investors since it was launched in January 1999. It was originally incorporated as Ayala Life Filipino Income Fund, Inc. on July 18, 1997 and was renamed to Ayala Life Fixed Income Fund, Inc. on August 21, 1998. The SEC approved the change to its present name of ALFM Peso Bond Fund, Inc. on February 26, 2007. Over the years, ALFM Peso has grown to become the market leader and the most popular mutual fund in the country.The ALFM Peso Bond Funds investment objective is to generate a steady stream of income through investments in a diversified portfolio composed primarily of Philippine Peso denominated high grade fixed income instruments, such as, but not limited to, government securities, corporate notes and bonds, and fixed income funds.The ALFM Peso Bond Fund is ideal for investors who are looking for a well diversified fixed-income investment fund which has consistently provided superior risk-adjusted returns over the medium to long term. The Fund is the only mutual fund in the country which gives a free group term life insurance coverage of PhP200,000.00 to each eligible primary individual investor.Base Currency: Philippine Peso; Launch Date: July 18, 1997 Minimum Initial Regular Investment: Php 10,000.00; Minimum Initial RSP Investment: Php 5,000.00; Minimum Transaction Amount: Php 1,000.00; Minimum Holding Period: 180 Calendar Days; Early Redemption Penalty: 1% of the redemption amount; Management and Advisory Fee: 1.5% p.a.; Financial Reporting: Philippine Accounting Standards; NAV: (on 2014-06-11) 201.45