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Primary Text
Designation of DOF as Trust Fund Manager. - The DOF is hereby assigned as Manager of the Trust Fund. As Manager, it shall be responsible for implementing the Investment Strategy set by the Trust Fund Management Committee and managing the portfolio of the Trust Fund.
In the performance of its functions, the DOF shall have the following functions:
(a) Monitor market and economic trends and track securities in order to make informed investment decisions;
(b) Recommend its portfolio strategy to the Trust Fund Management Committee;
(c) In managing the portfolio, track financial results of the companies in the portfolio and its various metrics, such as, but not limited to, price-to-earnings ratios, inflation-adjusted return, sales, earnings, and dividends;
(d) Recommend to the Trust Fund Management Committee the designation of DDEs defined in Section 3 of this Act; and
(e) Perform other acts necessary to fulfill its mandate under this Act.
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