Guide On How To Start Investing in Unit Investment Trust Funds or UITFs

Things That you Should Know About UITFs in the Philippines

What are Unit Investment Trust Funds?

Unit Investment Trust Funds or UITFs are pooled funds just like Mutual Funds. UITFs are good for those who does not have the time and patience to study and monitor their investments in a daily basis. UITFs are offered by different banks here in the Philippines, these are managed by a professional investment managers.

Types of Unit Trust Investment Funds
  • Equity Funds–primarily invested in stocks
  • Bond Funds–primarily invested in fixed-income securities
  • Balanced Funds–invested in both stocks and fixed-income securities
  • Money Market Funds–primarily invested on short-term securities
Who can invest in UITFs?

Any one of legal age can invest in UITFs. just be sure that only invest the amount of money you have saved and that you’re knowledgeable on what you are getting into.

How much do I need to invest?

Investing in Unit Investment Trust Funds can be started with just 10,000 pesos. But remember that not all banks offer that same amount for you to start investing in UITFs, some may have a minimum initial investment of 100,000 pesos.

Things you should do before you start investing in Unit Investment Trust Funds:

  • Take the risk assessment test or¬†questionnaire¬†and know what type of investor are you
  • Study and know more about different Unit Investment Trust Funds offered by different banks
  • Search for funds that have proven track record
  • Improve your knowledge when it comes to finances
  • Ask for help from others who already have been investing for a long time
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How to invest in Unit Investment Trust Funds?

If you already have decided that you are ready to start investing in Unit Trust Investment Funds, you can just go to a bank near you and ask if they offer UITFs for their customers. You will then be asked to fill up some forms and answer a risk assessment questionnaire. Know the minimum initial investment of that UITF you inquired on and then you can start investing if you already have the money.

Recommended Reading: Complete List of UITFs in the Philippines

List of Philippine Banks that Can Help You Start investing in Unit Investment Trust Funds

  1. Banco de Oro (BDO)
  2. Bank of Philippine Islands (BPI)
  3. Metrobank
  4. Security Bank
  5. Philippine National Bank (PNB)
  6. Rizal Commercial Banking Corporation (RCBC)
  7. United Coconut Planters Bank (UCPB)
  8. Unionbank of the Philippines
  9. Allied Banking Corporation (Allied Bank)
  10. Asia United Bank
  11. Landbank of the Philippines
  12. Robinsons Bank
  13. China Banking Corporation
  14. Development Bank of the Philippines (DBP)
  15. Bank of Commerce
  16. East West Banking Corporation (Eastwest Bank)
  17. Sterling Bank of Asia
  18. Philippine Bank of Communications
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Mark

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