Fund Manager

BPI Wealth is the fund manager of ALFM Mutual Funds and shall be responsible for formulating and executing the investment strategies in accordance with the fund’s investment objectives.  

BPI Wealth traces its history in the trust business to the early 1960s, operating as a department of the Bank of the Philippine Islands (BPI). In 2017, BPI Wealth became the first trust entity to be spun-off from its parent bank, establishing itself as a stand-alone trust corporation with its own capital and a reinforced independent trust management structure.

Amidst these changes, BPI Wealth remains a wholly-owned subsidiary of BPI, continuing to leverage on the expertise of the first bank in Southeast Asia. BPI Wealth is under the supervision of the Bangko Sentral ng Pilipinas and the Securities and Exchange Commission and is authorized to engage in trust and other fiduciary services.

BPI Investments Inc. will remain to be the funds’ transfer agent and principal distributor in charge of offering and administering the shares/units of funds to the public.