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Frequently Asked Questions (FAQs)

What is a trust corporation (TC)?

A trust corporation is a stock corporation that is regulated by the Bangko Sentral ng Pilipinas (BSP). It is engaged in trust, other fiduciary business and investment management activities. It acts as trustee, or administers any trust or holds property in trust or on deposit for the use and benefit of others, and/or acts as financial consultant, investment adviser or portfolio manager.
Will there be any change in the underlying funds of BPLAC’s existing investment-linked products?

There will be no change in the underlying funds of BPLAC’s existing investment-linked products. The investment-linked products will stay invested in the same underlying mutual funds of PAMI. For the time being and while we work towards establishing the trust corporation, BPI Investment Management, Inc. (BIMI) will manage all underlying mutual funds.
Will there be any changes on the fund names?

None. All underlying PAMI funds of existing BPLAC investment-linked policies will remain the same
Will it affect the turnaround times of my BPLAC investment-linked policies?

No, the turnaround times for processing your BPLAC investment-linked Policies will remain the same.
When will BIMI begin managing the underlying PAMI funds of BPLAC investment-linked products?

BIMI will begin managing the underlying PAMI funds of BPLAC’s existing investment-linked products on December 20, 2019.
Where will I see published NAVPU for the underlying PAMI funds of my BPLAC investment-linked policies?

NAVPU updates for your investment-linked plans will continue to be displayed on the AIA Philam Life website on this page: https://www.philamlife.com/en/help-support/philam-funds.html.
Will the investment returns of my funds be affected?

The investment returns of your funds will not be affected by the change in fund manager. Even as management of the underlying PAMI mutual funds transfers to BIMI, the investment objectives and strategies of the funds will remain the same.
Will there be changes to the management fees and investment objectives/strategies (fund features) of the underlying PAMI funds of the BPLAC investment-linked products?

No, the funds will be managed according to the existing investment objectives & strategies. Fund features including fees will remain as is.
Will there be a change in the features and benefits of my existing BPLAC policy?

No, the features and benefits of your existing BPLAC policy remain as is.