Redemption or Sell Order Disclaimer
The redemption or sell order proceeds may be lower than the customer’s initial investment, depending on the current NAVPU of the fund, which is updated on a daily basis.
Moreover, the actual redemption/sell order proceeds credited to the customer’s GCash wallet may not be equal to the redemption/sell order amount entered by the customer, depending on the actual NAVPU applied.
Redemption or Sell Order Processing
Please be informed that the NAVPU or price per unit applied for all orders is the price one business day after order placement.
Please see the schedule of redemption or sell order transactions for each fund on GInvest below
Fund | Price Date |
Allocation Date (Confirmation) |
Crediting Date (Order Completion) |
---|---|---|---|
ATRAM Peso Money Market Fund | Succeeding Business Day | 3 Business Days | 4 Business Days |
ATRAM Total Return Peso Bond Fund | Succeeding Business Day | 4 Business Days | 5 Business Days |
ATRAM Philippine Equity Smart Index Fund | Succeeding Business Day | 4 Business Days | 6 Business Days |
ATRAM Global Tech Feeder Fund | Succeeding Business Day | 5 Business Days | 8 Business Days |
ATRAM Consumer Trends Fund | Succeeding Business Day | 5 Business Days | 8 Business Days |
Philippine Stock Index Fund | Succeeding Business Day | 3 Business Days | 6 Business Days |
ALFM Global Multi-asset Income Fund | Succeeding Business Day | 4 Business Days | 8 Business Days |
ATRAM Peso Money Market Fund |
Price Data Succeeding Business Day |
Allocation Date(Confirmation) 3 Business Days |
Crediting Date(Order Completion) 4 Business Days |
ATRAM Total Return Peso Bond Fund |
Price Data Succeeding Business Day |
Allocation Date(Confirmation) 4 Business Days |
Crediting Date(Order Completion) 5 Business Days |
ATRAM Philippine Equity Smart Index Fund |
Price Data Succeeding Business Day |
Allocation Date(Confirmation) 4 Business Days |
Crediting Date(Order Completion) 6 Business Days |
ATRAM Global Tech Feeder Fund |
Price Data Succeeding Business Day |
Allocation Date(Confirmation) 5 Business Days |
Crediting Date(Order Completion) 8 Business Days |
ATRAM Consumer Trends Fund |
Price Data Succeeding Business Day |
Allocation Date(Confirmation) 5 Business Days |
Crediting Date(Order Completion) 8 Business Days |
Philippine Stock Index Fund |
Price Data Succeeding Business Day |
Allocation Date(Confirmation) 3 Business Days |
Crediting Date 6 Business Days |
ALFM Global Muli-asset Income Fund |
Price Data Succeeding Business Day |
Allocation Date(Confirmation) 4 Business Days |
Crediting Date(Order Completion) 8 Business Days |
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Price Date = The NAVPU or price per unit on this date will be applied for your transaction.
Allocation Date = The date your transaction will be processed and confirmed, and your balance will be updated.
Crediting Date = By this date, your sell order is completed and the amount should already be credited to your GCash wallet.
Note: The counting of processing days starts on the transaction date, or upon order placement.
Additionally, only one redemption or sell order can be placed at a time per investment fund. Should you wish to place another redemption or sell order, you must wait for your earlier placed sell order to be confirmed and allocated first.
For special cases, proceeds which will not be creditable to a user’s wallet due to the GCash wallet balance or transaction limit will be processed as follows:
- For wallet balance limit-breaching redemption or sell order proceeds – user must free up his/her GCash wallet by at least the amount of the proceeds for it to be credited to his/her wallet
- For wallet transaction limit-breaching redemption or sell order proceeds – user will receive the fund 1 banking day after the initial crediting