Philippine UITFs Fund Performance – 3rd Quarter 2012

October 29, 2012

Stocks, Mutual Funds, Forex, Finance Philippines

Make Money Online, Stocks, Mutual Funds, Philippines

UITF Philippines - Fund Performance 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.

Fortunately we were able to use a Bloomberg terminal that gave us comparative fund performance.

Based on Bloomberg data, here are the year-to-date (January until end-October 2012) returns of UITFs in the Philippines. The returns show that they are generally at par with the market’s performance. Some funds managed to beat the benchmark while some disastrously underperform.

Do note that the returns specified here are not necessarily comparable with the 3rd Quarter returns of Mutual Funds which we released last month, because the latter showed year-to-date returns until end of September while the data we got for UITFs were returns until the end of October.

Peso Equity UITFs	Fund Name	YTD Returns
Unionbank of the Philippines	Large Capitalization Philippine Equity Portfolio	34.01%
Allied Banking Corporation	Allied Unit Performance Equities Fund	27.82%
Security Bank Corporation	SB Peso Equity Fund	26.79%
Banco de Oro	BDO Equity Fund	23.48%
Metropolitan Bank and Trust Company	Metro Equity Fund	23.42%
AB Capital and Investment Corp.	AB Capital Equity Fund	23.38%
Philippine National Bank	Enhanced PSEi Reference Fund	21.70%
United Coconut Planters Bank	United Equity Fund	19.63%
RCBC	Rizal Equity Fund (vice Tiger Equity Fund)	17.20%
BPI	Equity Fund	13.31%
BPI (formerly managed by ING)	Odyssey Philippine Equity Fund	8.30%
BPI (formerly managed by ING)	Odyssey Philippine High Conviction Equity Fund	(0.33%)
Philippine Bank of Communications	Value Equity Fund	No data

Peso Balanced UITFs	Fund Name	YTD Returns
Security Bank Corporation	SB Peso Asset Variety Fund	20.46%
Banco de Oro	BDO Peso Balance Fund	16.74%
Metropolitan Bank and Trust Company	Metro Balanced Fund	13.84%
United Coconut Planters Bank	United Balanced Fund	13.43%
Unionbank of the Philippines	Unionbank Peso Balanced Portfolio	10.86%
BPI	Balanced Fund	10.48%
BPI (formerly managed by ING)	Odyssey Diversified Balanced Fund	8.49%
Philippine National Bank	Mabuhay Prestige	7.94%
BPI (formerly managed by ING)	Odyssey Diversified Capital Fund	7.46%
Landbank of the Phils.	Growth Fund	7.05%
China Banking Corporation	Chinabank Balanced Fund	No data
Development Bank of the Philippines	Gintong Sikap Secure Fund	No data
Philippine Bank of Communications	Best Balanced Fund	No data
RCBC	Rizal Balanced Fund	No data
Robinsons Bank	Rbank Balanced Fund	No data

Peso Bond UITFs (Long-Term)	Fund Name	YTD Returns
BPI (formerly managed by ING)	Odyssey Peso Bond Fund	6.42%
Unionbank of the Philippines	UBP Long Term Current Income Portfolio	5.34%
Landbank of the Phils.	GS-FI Fund	3.86%
RCBC	Rizal Peso Bond Fund (vice Unicorn Fund)	3.03%
East West Banking Corp.	Infinity Peso Long-Term Bond Fund	2.89%
Bank of Commerce	Bancommerce Peso Trust Fund	0.52%
United Coconut Planters Bank	United Conservative Fund	No data

Peso Bond UITFs (Intermediate-Term)	Fund Name	YTD Returns
Unionbank of the Philippines	Current Income Portfolio (T-Bill 91)	3.51%
BPI	Premium Bond Fund	3.30%
Banco de Oro	BDO Peso Bond Fund	3.24%
Metropolitan Bank and Trust Company	Metro Max-3 Bond Fund	3.24%
Philippine National Bank	Mabuhay Plus	3.21%
Philippine National Bank	Dream Builder	2.27%
Metropolitan Bank and Trust Company	Metro Wealth Builder	1.65%
East West Banking Corp.	Infinity Peso Intermediate Bond Fund	No data

Peso Bond UITFs (Medium-Term)	Fund Name	YTD Returns
China Banking Corporation	Chinabank GS Fund	4.78%
Unionbank of the Philippines	UBP Philippine Peso Bond Portfolio	4.76%
Banco de Oro	BDO Fixed Income Fund	4.26%
Banco de Oro	GS Fund	4.13%
Metropolitan Bank and Trust Company	Metro Max-5 Bond Fund	3.63%
Allied Banking Corporation	Allied Unit Performance GS Fund	2.77%
Robinsons Bank	Rbank Blue Peso Fixed Income Fund	0.85%

Peso Money Market UITFs	Fund Name	YTD Returns
Security Bank Corporation	SB Secure Peso Fund	4.50%
Philippine National Bank	PNB Global Filipino - Peso Punla Fund	2.72%
Banco de Oro	BDO Peso Money Market Fund	2.68%
Philippine National Bank	Mabuhay Prime	2.63%
RCBC	Rizal Peso Money Market Fund (vice Dragon Fund)	2.44%
BPI	Short-Term Fund	2.33%
Philippine Bank of Communications	Signature Trust Fund	2.23%
BPI (formerly managed by ING)	Odyssey Peso Cash Management Fund	2.03%
Security Bank Corporation	SB Peso Ease Fund	1.90%
China Banking Corporation	Chinabank Money Market Fund	No data
East West Banking Corp.	Infinity Money Market Bond Fund	No data
Metropolitan Bank and Trust Company	Metro Money Market Fund	No data
RCBC Savings Bank	Molave Fund	No data
Sterling Bank of Asia	Sterling Money Market Fund	No data
Unionbank of the Philippines	UBP Peso Money Market Porfolio	No data
United Coconut Planters Bank	United Cash Management Fund	No data

* Figures in (xxx) denote a loss. Source: Bloomberg.

Disclaimer: Although the rate of return is a good measure of performance, other things such as the fund’s consistency of return and exposure to risks must also be considered. Note that the fund’s past performance is not and cannot be a guarantee of future returns.

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