BPAS Trust Company of Puerto Rico - Capital Preservation Fund (BPRCIX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 11.89 |
| YTD Return | 1.97% |
| 1-Year Return | 3.93% |
| 5-Year Return | 17.26% |
| 52-Week Low | 11.44 |
| 52-Week High | 11.90 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About BPRCIX
The PR Capital Preservation Fund is a collective investment fund (CIF) designed primarily for the preservation of capital within retirement plans, particularly those in Puerto Rico. Its core objective is to protect principal while delivering modest, consistent returns comparable to 3-month U.S. Treasury Bills, achieved through low-risk, stable investments. The fund allocates assets across FDIC-insured deposits at Puerto Rican financial institutions such as Popular, Oriental, Banesco, Community Bank, and First Bank (typically 25-40%); U.S. government money market funds like Federated Govt Obligs Fund (around 17-30%); and stable value funds including HB&T Stable Value Fund, HB&T PR Stable Value Fund, HB&T Lincoln Stable Value CIF, and Putnam Stable Value Fund (comprising about 56%). These underlying investments benefit from FDIC coverage, U.S. government backing, and guarantees from A-rated insurance companies, ensuring principal stability and accumulated interest. Managed by BPAS Trust Company of Puerto Rico with a low expense ratio of approximately 0.22%, the fund maintains a stable net asset value, making it suitable for conservative investors seeking capital protection amid market volatility in employee benefit trusts.
Performance
BPRCIX had a total return of 3.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.82%.