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
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@uliber
ReplyDeleteIf 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