Sunday, June 5, 2011

UITF Roundup 1: BDO

As promised here's the roundup of UITFs. We'll start with Banco de Oro. I made a table based on the information on their website:

Fund Type

Minimum Investment

Holding Period

Early Exit Fee

Annual Fee


 

 

 

 


Peso Money Market

P100000

none

none

0.50% p.a.


Peso Bond

P100,000

30 days

0.50%

0.75% p.a.


 

 

 

 


Peso Government Securities

P100,000

30 days

0.50%

1% p.a.


Peso Fixed Income

P10,000

30 days

0.50%

1% p.a.


Peso Balanced

P10,000

30 days

0.50%

1% p.a.


Peso Equity

P10,000

30 days

1%

1% p.a.


 

 

 

 


Dollar Money Market

$2000

45 days

0.50%

0.50% p.a.


Dollar Bond

$2000

45 days

0.50%

0.75% p.a.


 

 

 

 


Dollar Medium-Term Bond

$2000

45 days

1%

1% p.a.



Contact Numbers: Trunkline: 840-7000, Trust Department: 878-4271, 878-4217, 878-4218

The minimum investment amounts are higher than in mutual funds, but there are no sales loads and the annual fees are lower. These are significant advantages that will reflect on long-term performance.
Since each subsequent investment is treated as a new investment, the higher minimum investments might put off those who want to invest small sums regularly. The easy investment plan allows investors to invest as little as P1000 per month. This is invested at the NAVPU for that day. When the total investment amount reaches the minimum (for example P10,000 for the equity fund), the investor is then issued the investment certificate. In this way it is possible to do cost averaging. Here's a link to their money market fund. There are links to the other funds on the right side of that page.
Related reading:
UITFs
UITFs vs. Mutual Funds

2 comments:

  1. do you recommend bdo for us small time people.. i mean with your experience and knowledge is it a good thing to invest in bdo uitfs... what uitf do you recommend the most..

    ReplyDelete
  2. @uliber
    If it suits your needs, go for it. Here's some things you might want to consider:
    1. Company stability
    2. Low/No fees
    3. Low investment requirement
    4. Convenience

    ReplyDelete