This promo is open to new and existing ALFM Mutual Funds investors via GFunds.
Promo period is from November 15 – December 31, 2023.
Customers who invest at least Php100 to any of the participating investment funds will receive one (1) e-raffle ticket for every subscription of at least PHP 100 in a single transaction. Eligible clients will get the chance to win 1 of 6 weekly consolation prizes of P1,000, 1 of 6 weekly grand prizes of P10,000, and/or the grand prize of P100,000 worth of Giftaway GCs. Investors get double raffle tickets if subscription is done during payday (i.e. Nov. 15, Nov 25-30, Dec 10-15, & Dec 25-31).
Raffle draw will be on January 15, 2023 conducted online in the presence of representatives from BPI Wealth Compliance and BPI Wealth Brand Experience.
All non-winning entries are still eligible to be drawn on the succeeding draws including the grand draw.
The winners will be announced weekly.
Terms & Conditions
Any withdrawals/ redemptions from the target funds during the promo period will make entry/ies ineligible for the raffle.
Validation of entries for qualified clients will be done from January 8 - 9, 2024. Qualified investment/s must remain intact until the raffle draw on January 15, 2024.
BIMI / BPI Wealth will notify the qualified client on the number of e-raffle tickets directly via their registered email on January 12, 2024. Should the client disagree with the Terms and Conditions of the promo, they must send a non-conformity email to promo_investment@bpi.com.ph. Should this be the case, BIMI / BPI Wealth reserves the right to disqualify the client’s participation in the promo.
Terms and Conditions for Disqualification. An entry is deemed disqualified if: a. Redemption is identified in the participating account before the raffle draw. b. Investment was done before or after the promo period.
Winners of the raffle promo will be contacted via their registered email address and announced via the ALFM Mutual Funds Facebook page and Seedbox’s social media accounts. Further, winners will be contacted by BPI Wealth Institutional Agency via SMS and/or call-out for verification purposes within 15 banking days. Winners must ensure that the email address on GCash’s record is updated. Prize will be delivered to the winner’s email address. In the event that the winner could not be contacted through his information on record, unclaimed prize after sixty (60) days from the raffle date will be forfeited in favor of BPI Wealth.
Prizes are non-transferable, not convertible to cash, and cannot be replaced with other items/services.
Clients can win more than once.
By joining this promo, the qualified client agrees for BIMI and/or BPI Wealth to collect information such as financial information for purposes of processing their registration to the promo.
Investments, which are the basis for qualification to this promo, will not be qualified for other ongoing promos of BIMI and/or BPI Wealth.
The Withholding Tax or other expenses related to the awarding of the prizes will be shouldered by BPI Wealth.
BIMI and/or BPI Wealth reserve the right to dispute the eligibility of participation in the promo if redemption or reinvestment is identified. In case of dispute, the decision of BIMI and/or BPI Wealth will be final.
Nature of Reward: 6 winners of P1,000, 6 winners of P10,000, 1 winner of P100,000 worth of Giftaway GCs.
INTERNAL OPERATING PROCEDURES
Qualification:
Eligible entries: A client gets one (1) e-raffle for every subscription of at least PHP 100 in a single transaction.
Qualified transaction / Minimum investment: Minimum subscription amount of PHP100.
Channel: Subscriptions made via GFunds.
Validation of Entries:
Data extract from Seedbox shall be the basis for the validation of client’s qualification to the promo. Validation of qualifiers will be done from January 8-9, 2024.
Rewards Entitlement:
Qualified clients will get a chance to win 1 of 6 weekly consolation prizes of P1,000, 1 of 6 weekly grand prizes of P10,000, or the grand prize of P100,000 worth of Giftaway GCs. A client may have multiple entries in the raffle, where each entry is equivalent to one qualified transaction.
Client Notification and Deployment of e-raffle tickets: BPI Wealth will notify the qualified client on the number of e-raffle tickets directly via their registered email on January 12, 2024.
Should the client disagree with the Terms and Conditions of the promo, they must send a non-conformity email to promo_investment@bpi.com.ph. Should this be the case, BIMI and/or BPI Wealth reserves the right to disqualify the client’s participation in the promo.
Redemptions: Promo rewards will be tagged to the client/account owner. Clients must stay fully invested until the raffle draw. Any redemption made prior to the draw date will make his entry ineligible.
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