Manila Times Business
Atram Philippine Balanced Fund Inc.
Business overview
Company backgroundAtram Philippine Balanced Fund Inc. is a registered open-end investment company that seeks long-term capital appreciation and current income by investing primarily in Philippine entities.
The fund invests at least 40% of its net assets in equity securities of Philippine corporations generating at least 50% of their revenues from operations within the Philippines. It also invests in fixed-income securities of Philippine corporations and debt obligations of various levels of Philippine government and the Bangko Sentral ng Pilipinas.
The fund may invest in deposits, deposit substitutes, and banker's acceptances issued by Philippine financial institutions, and limits investment in any single industry to no more than 25% of its assets.
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