Philam Dollar Bond Fund
Philam Dollar Bond Fund is an open-end, fixed-income fund, denominated in U.S. dollars. The fund invests in Eurobonds and dollar-denominated government securities.
The average
rate of return for the last five years is about 5.33%, certainly much higher than dollar bank deposits.
Recommended for: investors that an alternative and higher-earning investment vehicle for their dollars and protect against currency depreciation.
Minimum investment: $2,000 only