2009 Dollar UITF Report
January 12, 2010
Dollar-denominated Unit Investment Trust Funds or UITFs also performed well in 2009, just like their Peso UITF counterparts.
In addition, most of the funds reversed and surpassed the 2.45% depreciation of the US Dollar versus the Peso last year, which could have reduced the value of the dollar investment.
Below is a summary of the full-year return of each dollar-denominated UITF.
2009 Peso UITF Report
January 11, 2010
Unit Investment Trust Funds or UITFs in the Philippines ended the year 2009 also on a high note just like the mutual funds.
Equity UITFs performed particularly strong last year, with two funds easily surpassing the 63% return of the Philippine Stock Exchange index (PSEi).
AB Capital’s Equity Fund and Unionbank of the Philippines‘ Large Capitalization Equity Portfolio earned a full-year return of 90.10% and 85.27%, respectively — which means if you placed an investment in either fund at the start of the year, your money would have almost doubled by the end of 2009.
Below is a summary of the full-year return of each UITF.
Differences between Mutual Funds and UITFs
January 7, 2010
A lot of our readers have been sending us inquiries regarding Mutual Funds (MFs) and Unit Investment Trust Funds (UITFs), particularly the differences between the two.
We have already discussed most of these queries in our previous articles but for the sake of those not interested to browse back, we summarize here the basic differences between MFs and UITFs.
Dollar UITF Performance – 3rd Quarter 2009
October 12, 2009
UITFs or Unit Investment Trust Funds denominated in US Dollars are also earning positive returns as of the end of September 2009, just like their Peso UITF counterparts.
What are UITFs?
Unit Investment Trust Funds (UITF) are “trust” products, meaning, the entity offering the fund (the trustee) administers the fund in behalf of individuals (trustors) whose resources have been combined into the fund.
Peso UITF Performance – 3rd Quarter 2009
October 12, 2009
Just like the performance of Philippine mutual funds as of the 3rd quarter of 2009, UITFs or Unit Investment Trust Funds in the Philippines have also performed relatively well, with all funds registering a positive return.
In the case of Peso equity (stock) UITFs, the average return is 53% from January to end of September, which means an investment of P1 million placed at the start of the year is now valued at P1.5 million. Equity mutual funds, on the other hand, are up 37% in the same period.
Best UITFs in the Philippines, as of Feb. 2008
February 13, 2008
Here’s a list of the top performing Unit Investment Trust Funds (UITF) in the Philippines, as of February 7, 2008.
UITF is an investment product very similar to Mutual Funds. It is a “trust” product, meaning, the entity offering the UITF (the trustee) administers the fund in behalf of individuals (trustors) whose resources have been combined into the fund. It is normally offered by a bank or financial institution and, as a non-deposit product, is not guaranteed by the Philippine Deposit Insurance Corporation or PDIC.
The returns shown below are Year-to-Date (YTD) performance, meaning, from January 1 until the current date, i.e., February 7, 2008. Take note that historical performance is never a guarantee of future results.
Markets are down… is it time to buy, hold, or sell fund investments?
August 15, 2007
Markets worldwide are on a slide due to subprime lending concerns in the US. Even the Philippine stock market is not spared. After experiencing a series of all-time highs during past months, Philippine equities are currently on a downtrend.
So if you have stocks, mutual funds, or unit investment trust funds (UITF) holdings, is it time to dispose of them, hold on to them, or buy more?
Click "Read More" to see a few PMT members' opinions.
Possible to invest in mutual funds or UITFs while abroad?
August 6, 2007
Several Pinoys outside the Philippines, especially Overseas Filipino Workers (OFWs), are wondering whether they can invest in mutual funds or unit investment trust funds (UITF) even if they are outside the country.
A few PMT members are reporting that it is indeed possible. Some mutual fund companies or banks offering UITFs, they say, accommodate placements although the investor cannot make a personal appearance.Â
View the discussion in the thread Investing in local Mutual Fund or UITF while abroad.Â
If you are a representative of a bank or mutual fund company and have information about investing while outside the Philippines, post below or in the above thread so that OFWs interested to invest can know what to do.
Match your investment horizon with your UITF investment
December 18, 2006
If only Unit Investment Trust Fund (UITF) investors matched their investment horizon with the UITFs they got into, the decline in UITF prices during the summer of 2006 would not have been that bad.
This is according to the Trust Officers Association of the Philippines (TOAP) who believes increasing interest rates was not the only factor that pulled down the net asset value per unit (NAVPU) of UITFs early this year. The panic selling of investors who were frightened by the falling prices also contributed to the UITF shakedown, the TOAP explains.
Taxation of UITF income
November 30, 2006
Q. Will a separate tax be imposed on my earnings once I redeem my Unit Investment Trust Funds (UITFs) participation?
A. No, as long as proper taxes have already been collected prior to the redemption of your UITF participation. That’s according to Senen Quizon, a tax manager at Punongbayan & Araullo, who wrote the article “Taxation of Unit Investment Trust Funds (UITFs)” published in Business World Philippines on August 2006.
