BDO brags sky-high returns from dollar feeder fund
This fund is performing solidly despite the weak global picture.
BDO Unibank, Inc. flexed its new Global Feeder Funds product, enticing investors to diversify their wealth through this new tool.
Apparently, it’s largely profitable to make bets on the dollar, with the Sy-owned bank claiming “very strong returns” worth 12-18% in dollars from January to end-February.
The funds are placed in various assets across US, China, Japan, European and global equity markets.
BDO runs six dollar-denominated global feeder funds.