Important Advisory: Merger of Two Odyssey Funds with BPI Wealth Funds

Dear Valued Client,

We wish to inform you that effective December 3, 2025, two Odyssey Funds will be merged into their corresponding BPI Wealth funds as part of our continued efforts to streamline our investment solutions, optimize your portfolio, and deliver long-term value and efficiency to our clients.  

Affected Funds

For your easy reference, we have prepared a comparison of the affected funds in Annex A.

Here’s why the Surviving Funds are worth keeping in your portfolio:

1. BPI Balanced Fund. While both Odyssey Diversified Balanced Fund and BPI Balanced Fund employ a multi-asset / balanced strategy, BPI Balanced Fund offers a more defensive approach. It strategically combines growth potential from dynamic growth stocks, and steady income from reliable dividend-paying stocks and a diversified mix of sovereign and corporate bonds with a medium-term horizon. This approach seeks to achieve upside while cushioning volatility.

2. BPI Equity Value Fund. Both Odyssey Philippine Equity Fund and BPI Equity Value Fund follow an index-enhanced strategy. However, BPI Equity Value Fund offers a more compelling approach through value-oriented active management, investing in quality companies that are temporarily undervalued to capture consistent long-term gains, especially in volatile markets.

For both mergers, the BPI Wealth Funds offer greater accessibility through lower minimum investment requirements, and, for the BPI Equity Value Fund, a lower trust fee, encouraging broader investor participation. As a result, the Surviving Funds are now approximately six times larger than their Odyssey counterparts, allowing enhanced diversification, operational efficiency, and potentially lower transaction costs. Together, these advantages strengthen the Surviving Funds’ ability to deliver long-term value to investors.

Next Activities

We are here to guide you through the next steps as we prepare for the merger. Kindly take note of these important dates:

What you need to do

• If you agree with the merger: No action or additional documentation is needed. Your outstanding Fund holdings will automatically be transitioned into their respective Surviving Funds effective December 3, 2025.
• If the Surviving Funds do not align with your investment preferences, or if you want to redeem ahead of the merger schedule: You may redeem your investments from Odyssey Diversified Balanced Fund or Odyssey Philippine Equity Fund on or before November 27, 2025, 2:00 pm. To explore other investment options, you can check out our wide range of funds at https://bit.ly/BPIUITFs.

We are committed to making this transition as smooth and seamless for you. Should you have any questions or concerns, please do not hesitate to email us at bpiwealth@bpi.com.ph or call us at (+632) 889-10000.

Thank you for your continued trust and confidence in BPI Wealth. We remain committed to helping you achieve your financial goals.

Sincerely,

Sgd.
Maria Theresa D. Marcial
President and CEO

Disclaimer

This is not a deposit product. Earnings are not assured and principal amount invested is exposed to risk of loss. This product cannot be sold to you unless its benefits and risks have been thoroughly explained. If you do not fully understand this product, do not purchase or invest in it.

Unit Investment Trust Funds (UITFs) are NOT DEPOSIT products and are not an obligation of, or guaranteed, or insured by BPI Wealth or Bank of the Philippine Islands (BPI) or its affiliates or subsidiaries, and are not insured by the Philippine Deposit Insurance Corporation (PDIC). Due to the nature of the investment, yield and potential yields cannot be guaranteed. Any income or loss arising from market fluctuations and price volatility of securities held by a UITF, even if invested in government securities, is for the account of the investor/trustor. As such, units of participation of the investor/trustor in a UITF, when redeemed, may be worth more or be worth less than his/her initial participation/contribution. Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results. BPI Wealth is not liable for losses, other than due to willful default, evident bad faith or gross negligence. Investors are advised to read the Declaration of Trust of the relevant UITF before deciding to invest.

For inquiries and comments, visit the BPI Wealth website or call the 24-hour BPI Contact Center at (+632) 889-10000.

BPI Wealth – A Trust Corporation is regulated by the Bangko Sentral ng Pilipinas, www.bsp.gov.ph, and SEC, www.sec.gov.ph