December 8, 2013
In the case of Unit Investment Trust Funds (UITF) in the Philippines, it has generally been a mixed performance across fund categories. Majority are still in positive territory, but a few funds appear to end the year with a loss.
November 4, 2013
UITFs are investment products typically offered by banks wherein money collected from various investors are invested in a variety of income-generating assets such as stocks, bonds, money market instruments and other similar products.
September 3, 2013
UITFs are investment products typically offered by banks where funds are pooled from various investors and placed in income-generating assets such as stocks, bonds, money market instruments and the like.
They are very similar to the other asset class Mutual Funds, although the two slightly differ in terms of management and regulatory policies (see Difference between UITF and Mutual Funds).
July 2, 2013
What started as a jubilant mood in Philippine capital markets at the start of 2013 turned into feelings of disappointment, fear and confusion by the end of the first half of the year.
During the early months of 2013, a lot of investors rejoiced over news of credit rating upgrades (Fitch Ratings upgrade and S&P credit rating upgrade) and all-time highs in Philippine stocks, but it appears very few were prepared when the market reversed its performance in the months of May and June.
June 4, 2013
Unit Investment Trust Funds or UITF are investment products offered by banks wherein funds collected from various investors are pooled together to be placed in income-generating assets such as stocks, bonds, or money market instruments.
They are similar to mutual funds in a lot of respect, although the two slightly differ in terms of management and regulatory policies (see Difference between UITF and Mutual Funds).
May 3, 2013
Positive performance continued into the fourth month of the year, with most equity and balanced funds generating unprecedented double-digit returns. Rosier economic outlook, affirmed by two investment grade ratings received recently, contributed to the continuous stellar performance of UITFs. (see Philippines now investment grade, courtesy of Fitch Ratings and Philippines wins 2nd investment grade rating from Standard & Poor’s)
Here’s to hoping investments will remain to be more fun in the coming months ahead.
April 5, 2013
We continue monitoring the performance of investment funds in the Philippines in this article. By doing this, we believe investors will be more adept at determining the best and most appropriate investment instrument for them.
Earlier this week, we reported on the end-of-quarter returns of Philippine stocks (see Top Philippine Stocks, as of 1st Quarter 2013) and mutual funds (see Philippine Mutual Funds Performance, as of March 2013). This time, we are summarizing the 1st Quarter earnings of Unit Investment Trust Funds or UITF in the Philippines.
March 5, 2013
Like what we have done with the monthly tracking of Mutual Funds, we are now also doing the same for Unit Investment Trust Funds (UITF) starting this month.
In the past, the industry website www.uitf.com.ph collated all official information about each UITF in the country. It included the daily NAVPU and percentage returns, giving investors a glimpse of the performance of each UITF. For some reason, though, the site recently disappeared leaving customers with no other alternative but to check directly with their UITF provider. This provided a bit of inconvenience to investors who wanted to compare UITFs.
January 28, 2013
The year 2012 was, no doubt, a good year for investments. Philippine stocks, mutual funds, and — as we can see in the fund performance table below — unit investment trust funds as well registered new highs compared to the preceding year.
Last year’s outstanding returns were to be expected. Coming from a depressing run in 2011, where Philippine equities grew by a mere 4.07%, the small base surely provided a solid opportunity for funds to grow.
Of course, this performance could not happen without the Philippines’ strong macroeconomic fundamentals, so credit must go to the country’s economic managers who strove hard to cushion the impact of external threats from declining economies such as the United States, Europe and China.
October 29, 2012
We finally got the numbers of the year-to-date performance of Unit Investment Trust Funds or UITFs in the Philippines.
We found it a bit tough to get the figures because the website of the UITF industry organization, Trust Officers Association of the Philippines, does not provide a comprehensive and easy way to compile data. Although their site (www.uitf.com.ph) has historical returns per fund, the figures are not summarized in comparative format. In fact, one has to individually scour through each member bank’s funds lineup in order to see the returns generated by each fund.