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In the Matter of PAMI Global Bond Fund, Inc.

SEC-CGFD Notice • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Apr 25, 2019

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April 25, 2019 CORPORATE GOVERNANCE AND FINANCE DEPARTMENT IN THE MATTER OF PAMI GLOBAL BOND FUND, INC., registrant . AMENDED REGISTRATION STATEMENT NOTICE Notice is hereby given that on December 18, 2018 an Amended Registration Statement was filed with the Securities and Exchange Commission on behalf of PAMI Global Bond Fund, Inc. ("PGBF") to reflect the following changes in its registration statement as follows: Subject Original Provision Proposed Amendments Investment Objectives The investment objective of the Fund is to preserve capital and achieve a satisfactory rate of capital appreciation over a medium-term to long-term horizon through investment in various types of debt and fixed income securities denominated in US Dollars and other major currencies that are issued by sovereign and corporate entities. To achieve capital preservation with returns and inflows derived out of investments in fixed income and money market instruments. Portfolio Mix The Fund shall invest in the following instruments: Debt securities issued by sovereign nations with a credit rating not lower than the Philippines credit rating and high grade corporations (at least a rating of BBB or equivalent as rated by reputable rating agencies) denominated in US Dollar or other major currencies which could be settled through international clearing houses such as but not limited to Clearstream, EuroClear, U.S. Fedwire. US Dollar denominated Funds of investment companies with at least 4-star ratings by reputable rating agencies ( e.g. , Morning Star, Standard & Poor's). The Fund may invest in the following: Short-term, intermediate-term or long-term bond funds duration shall be dependent on the investment teams outlook on future interest rates. Bond funds investing in investment grade government and corporate bonds specific ratings shall be dependent on those allowed by the relevant SEC regulations. The Fund may also utilize instruments and techniques available in the market for efficient portfolio management and to cover risks arising from foreign exchange risks. The Fund may engage in options and future transactions for hedging and non-hedging purposes. The Fund may purchase private placements and securities in 144A transactions, preferred securities and perpetual securities. The Fund may invest in affiliated or unaffiliated money market or liquidity co-mingled vehicles. The Fund may also engage in securities lending for the purpose of generating additional capital or income in accordance with the guidelines set down by the SEC. This is a US Dollar-denominated bond fund that invests in fixed income and money market securities. Benchmark, Investment Horizon and Risk Class None Investment Horizon: Medium Risk Class: Conservative Benchmark: 90.0% JACI Investment Grade Corporates Total Return + 10% Philippines Dollar Depo Rate 60 Days (Net of 7.5% WHT). Offering Price The company's shares shall be sold at NAVPS for the banking day, if payment is made within the daily cut-off time; otherwise, the NAVPS on the following banking day will be used if payment is made after the daily cut-off time plus an entry fee or sales load depending on the investment amount. The daily cut-off time will be 12:00 noon of a banking day. A banking day is defined as a day when commercial banks in Metro Manila are not required or authorized to close by law. The offering price of one share is its Net Asset Value Per Share (NAVPS) plus an entry fee or sales load together with any applicable taxes. The offering price is determined at NAVPS for the banking day if payment is received by PAMI within the daily cut-off time. The NAVPS on the following banking day will be used for transactions received by PAMI after the daily cut-off time plus a current entry fee or sales load together with any applicable taxes depending on the investment amount. The daily cut-off time shall be 12:00 noon of a banking day. A banking day is defined as a day when commercial banks in Metro Manila are required to be open for business. The prospectus was amended to align with all other PAMI managed Funds prospectus. Other information were included to comply with the disclosure requirements of the amended ICA-IRR. Said Amended Registration Statement and other papers/documents attached thereto are open to inspection by interested parties during business hours and copies thereof, photostatic or otherwise, shall be furnished to any party upon request at such fees as the Commission may prescribe. The Amended Registration Statement dated November 29, 2018 may also be downloaded from www.philamfunds.com.ph . Issued on April 25, 2019. (SGD.) RACHEL ESTHER J. GUMTANG-REMALANTE Officer-in-Charge Published in the Manila Bulletin on December 12 and 19, 2019.

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