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Best UITF Investment Funds in the Philippines in 2017




Which banks had the best performing Unit Investment Trust Funds (UITF) in 2017?

We answer that question in this performance recap report showing the gains and losses of each UITF in the Philippines.

See below the full list of UITF offerings, ranked based from the highest gaining to the worst performing in terms of achieved returns. We also highlight below summary of the Top 3 funds per UITF investment category.

Without further ado, here’s a list of the Top UITF in the Philippines from January to December 2017.

Top 3 Equity Index (PSEi) Tracker UITF

  1. ATRAM Trust Corporation (ATRAM Philippine Equity Smart Index Fund): +26.94%
  2. Metropolitan Bank & Trust Co. (Metro PSEi Tracker Fund): +25.68%
  3. EastWest Banking Corporation (EastWest PSEi Tracker Fund): +25.41%

Top 3 Managed Equity UITF

  1. Security Bank Corporation (SB Peso Equity Fund): +27.52%
  2. Metropolitan Bank & Trust Co. (Metro Aspire Equity Feeder Fund): +24.91%
  3. Philippine National Bank (PNB Equity Fund, formerly AUP Equities Fund): +24.77%

Top 3 Equity Dividend UITF

  1. BPI Asset Management and Trust Corporation (BPI Philippine High Dividend Equity Fund): +23.69%
  2. Security Bank Corporation (SB High Dividend Peso Equity Fund): +23.22%
  3. China Banking Corporation (China Bank High Dividend Equity Fund): +21.63%

Top 3 Balanced UITF

  1. China Banking Corporation (CBC Balanced Fund): +14.62%
  2. United Coconut Planters Bank (UCPB Balanced Fund, formerly United Balanced Fund): +13.45%
  3. Union Bank of the Philippines (UnionBank Peso Balanced Portfolio): +13.29%

Top 3 Long-Term Bond UITF

  1. Rizal Commercial Banking Corporation (Rizal Peso Bond Fund): +1.83%
  2. Union Bank of the Philippines (UnionBank Long Term Fixed Income Portfolio): +1.72%
  3. LandBank of the Philippines (Landbank Bond Fund): +1.72%

Top 3 Medium-Term Bond UITF

  1. Union Bank of the Philippines (UnionBank High Net Worth Medium-Term Peso Fixed Income Fund): +2.78%
  2. Union Bank of the Philippines (UnionBank Philippine Peso Fixed Income Portfolio): +1.65%
  3. BDO Unibank, Inc. (BDO Peso Bond Fund): +1.45%

Top 3 Intermediate-Term Bond UITF

  1. China Banking Corporation (CBC Intermediate Fixed-Income Fund): +2.13%
  2. Union Bank of the Philippines (UnionBank Medium Term Fixed Income Portfolio): +1.82%
  3. Metropolitan Bank & Trust Co. (Metro Max-3 Bond Fund): +1.67%

Top 3 Money Market UITF

  1. China Banking Corporation (CBC Short-Term Fund): +2.10%
  2. China Banking Corporation (CBC Money Market Fund): +1.81%
  3. BDO Unibank, Inc. (BDO Institutional Cash Reserve Fund): +1.80%

Refer to the complete rankings below showing the performance of all UITF in the Philippines in the full year 2017 from January to December last year.

2017 UITF Performance Report

PESO EQUITY PSEi INDEX TRACKER FUNDS (UITF)
Gains/Losses from January to December 2017

* Funds that are invested in Philippine stocks and are meant to mirror the performance of the Philippine Stock Exchange index or PSEi.

Bank / InstitutionUITFJan - Dec 2017 Return %
ATRAM Trust CorporationATRAM Philippine Equity Smart Index Fund26.94%
Metropolitan Bank & Trust Co.Metro PSEi Tracker Fund25.68%
EastWest Banking CorporationEastWest PSEI Tracker Fund25.41%
Security Bank CorporationSB PHILIPPINE EQUITY INDEX FUND24.94%
Union Bank of the Philippines
UnionBank Philippine Equity Index Tracker Fund Portfolio24.76%
BPI Asset Management and Trust CorporationBPI Philippine Equity Index Fund24.56%
BDO Unibank, Inc.BDO EQUITY INDEX FUND24.55%
United Coconut Planters BankUCPB Philippine Index Equity Fund24.43%
Philippine National BankPNB ENHANCED PHIL-INDEX REFERENCE FUND20.54%
LandBank of the PhilippinesLANDBANK Equity Index Fund15.80%
BPI Asset Management and Trust CorporationBPI Philippine Consumer Equity Index FundNo data
BPI Asset Management and Trust CorporationBPI Philippine Infrastructure Equity Index FundNo data
CTBC Bank (Philippines) Corp.CTBC Bank - Sun Life Philippine Stock Index Feeder FundNo data

PESO ACTIVELY MANAGED EQUITY FUNDS (UITF)
Gains/Losses from January to December 2017

* Funds that are primarily invested in Philippine equities and are actively managed.

Bank / InstitutionUITFJan - Dec 2017 Return %
Security Bank CorporationSB PESO EQUITY FUND27.52%
Metropolitan Bank & Trust Co.Metro Aspire Equity Feeder Fund24.91%
Philippine National BankPNB EQUITY FUND (formerly AUP EQUITIES FUND)24.77%
Philippine Bank of CommunicationsVALUE EQUITY FUND24.32%
BPI Asset Management and Trust CorporationBPI Equity Value Fund24.08%
EastWest Banking CorporationEastWest PhilEquity Institutional Feeder Fund23.71%
Asia United BankEquity Investment Trust Fund23.41%
EastWest Banking CorporationEastWest PhilEquity Feeder Fund22.96%
Metropolitan Bank & Trust Co.Metro Equity Fund22.57%
BDO Unibank, Inc.BDO INSTITUTIONAL EQUITY FUND22.18%
BPI Asset Management and Trust CorporationOdyssey Philippine Equity Fund21.63%
China Banking CorporationCBC EQUITY FUND21.40%
ATRAM Trust CorporationATRAM Asia Equity Opportunity Feeder Fund21.24%
United Coconut Planters BankUCPB Equity Fund (Formerly United Equity Fund)21.03%
BPI Asset Management and Trust CorporationOdyssey High Conviction Equity Fund20.50%
Rizal Commercial Banking CorporationRIZAL EQUITY FUND20.32%
BDO Unibank, Inc.BDO EQUITY FUND20.14%
Union Bank of the PhilippinesUnionBank Large Capitalization Philippine Equity Portfolio19.15%
AB CapitalAB CAPITAL EQUITY FUND18.87%
BDO Unibank, Inc.BDO ESG EQUITY FUND17.74%
BDO Unibank, Inc.BDO FOCUSED EQUITY FUND3.75%
Manulife Asset Management and Trust Corporation (MAMTC)Manulife Equity Wealth Fund (Class A)No data
Manulife Asset Management and Trust Corporation (MAMTC)Manulife Equity Wealth Fund (Class I)No data

PESO EQUITY DIVIDEND FUNDS (UITF)
Gains/Losses from January to December 2017

* Funds that are primarily invested in stocks with high dividend yields.

Bank / InstitutionUITFJan - Dec 2017 Return %
BPI Asset Management and Trust CorporationBPI Philippine High Dividend Equity Fund23.69%
Security Bank CorporationSB HIGH DIVIDEND PESO EQUITY FUND23.22%
China Banking CorporationChina Bank High Dividend Equity Fund21.63%
United Coconut Planters BankUCPB High Dividend Fund19.70%
Metropolitan Bank & Trust Co.Metro High Dividend Yield Fund18.75%
Union Bank of the PhilippinesUnionBank Dividend Play Equity Portfolio18.70%
Philippine National BankPNB HIGH DIVIDEND FUND13.48%
BDO Unibank, Inc.BDO SUSTAINABLE DIVIDEND FUND4.90%
Bank of CommerceDIVERSITY DIVIDEND FOCUSED FUNDNo data

PESO BALANCED FUNDS (UITF)
Gains/Losses from January to December 2017

* Balanced Funds are invested in a mixed portfolio of bonds and stocks, where investment in stocks may comprise up to a maximum of 40%-60% of the fund.

Bank / InstitutionUITFJan - Dec 2017 Return %
China Banking CorporationCBC Balanced Fund14.62%
United Coconut Planters BankUCPB Balanced Fund (formerly United Balanced Fund)13.45%
Union BankUnionBank Peso Balanced Portfolio13.29%
Rizal Commercial Banking CorporationRizal Balanced Fund13.28%
Metropolitan Bank & Trust Co.Metro Balanced Fund12.94%
BPI Asset Management and Trust CorporationBPI Balanced Fund12.42%
Metropolitan Bank & Trust Co.Metro Aspire Balanced Feeder Fund12.19%
LandBank of the PhilippinesLANDBANK Growth Fund12.08%
Philippine National BankPNB BALANCED FUND (formerly PNB PRESTIGE BALANCED FUND)11.57%
BPI Asset Management and Trust CorporationOdyssey Diversified Balanced Fund11.18%
Security Bank CorporationSB PESO ASSET VARIETY FUND10.55%
AB CapitalAB CAPITAL BALANCED FUND10.03%
BPI Asset Management and Trust CorporationOdyssey Diversified Capital Fund6.54%
Robinsons BankRBank Balanced Fund4.88%
Philippine Bank of CommunicationsBEST BALANCED FUND2.41%
BDO Unibank, Inc.BDO PESO BALANCED FUND0.04%
CTBC Bank (Philippines) Corp.CTBC Bank - ATRAM Philippine Balanced Feeder FundNo data
Metropolitan Bank & Trust Co.Metro Unit Paying FundNo data
Sterling Bank of AsiaSterling Balanced FundNo data

PESO LONG-TERM BONDS FUNDS (UITF)
Gains/Losses from January to December 2017

* Long-Term Bond Funds are invested primarily in fixed-income securities with portfolio duration of more than 5 years.

Bank / InstitutionUITFJan - Dec 2017 Return %
Rizal Commercial Banking CorporationRizal Peso Bond Fund1.83%
Union Bank of the PhilippinesUnionBank Long Term Fixed Income Portfolio1.72%
LandBank of the PhilippinesLandbank Bond Fund1.72%
United Coconut Planters BankUCPB Peso Bond Fund (Formerly United Conservative Fund)1.64%
Metropolitan Bank & Trust Co.Metro Corporate Bond Fund1.46%
BPI Asset Management and Trust CorporationBPI Fixed Income Portfolio Fund-of-Funds0.88%
BPI Asset Management and Trust CorporationABF Philippines Bond Index Fund0.85%
China Banking CorporationCBC FIXED INCOME FUND (formerly CBC GS FUND)0.37%
BPI Asset Management and Trust CorporationOdyssey Peso Bond Fund0.20%
ATRAM Trust CorporationATRAM Total Return Peso Bond Fund1.60%
Security Bank CorporationSB PESO BOND FUND-0.43%
EastWest Banking CorporationEastWest Peso Long Term Bond Fund-0.71%
Bank of CommerceDIVERSITY PESO BOND FUNDNo data
Manulife Asset Management and Trust Corporation (MAMTC)Manulife Income Builder Fund (Class A)No data
Manulife Asset Management and Trust Corporation (MAMTC)Manulife Income Builder Fund (Class I)No data

PESO MEDIUM-TERM BOND FUNDS (UITF)
Gains/Losses from January to December 2017

* Medium-Term Bond Funds are invested primarily in fixed-income securities with portfolio duration of up to 5 years.

Bank / InstitutionUITFJan - Dec 2017 Return %
Union Bank of the PhilippinesUnionBank High Net Worth Medium-Term Peso Fixed Income Fund2.78%
Union Bank of the PhilippinesUnionBank Philippine Peso Fixed Income Portfolio1.65%
BDO Unibank, Inc.BDO PESO BOND FUND1.45%
Metropolitan Bank & Trust Co.Metro Max-5 Bond Fund1.37%
BDO Unibank, Inc.BDO GS FUND1.29%
BPI Asset Management and Trust CorporationOdyssey Peso Medium Term Bond Fund1.26%
Metropolitan Bank & Trust Co.Metro Aspire Bond Feeder Fund1.01%
Asia United BankPeso Investment Trust Fund0.84%
Philippine Business BankDiamond FundNo data

PESO INTERMEDIATE-TERM BOND FUNDS (UITF)
Gains/Losses from January to December 2017

* Intermediate-Term Bond Funds are invested primarily in fixed-income securities with portfolio duration of up to 3 years.

Bank / InstitutionUITFJan - Dec 2017 Return %
China Banking CorporationCBC Intermediate Fixed-Income Fund2.13%
Union Bank of the PhilippinesUnionBank Medium Term Fixed Income Portfolio1.82%
Metropolitan Bank & Trust Co.Metro Max-3 Bond Fund1.67%
Union Bank of the PhilippinesUnionBank High Net Worth Intermediate-Term Peso Fixed Income Fund1.64%
Philippine National BankPNB Peso Intermediate Term Bond Fund (formerly AUP GS Fund)1.55%
BPI Asset Management and Trust CorporationBPI Premium Bond Fund1.27%
EastWest Banking CorporationEastWest Peso Intermediate Term Bond Fund1.18%
Union Bank of the PhilippinesUnionBank Infinity Prime Fund1.05%
Metropolitan Bank & Trust Co.Metro Wealth Builder Fund-0.37%
Manulife Asset Management and Trust Corporation (MAMTC)Manulife Stable Income Fund (Class A)No data
Manulife Asset Management and Trust Corporation (MAMTC)Manulife Stable Income Fund (Class I)No data

PESO MONEY MARKET FUNDS (UITF)
Gains/Losses from January to December 2017

* Money Market Funds are invested primarily in short-term, fixed-income deposits, and securities with portfolio duration of one year or less.

Bank / InstitutionUITFJan - Dec 2017 Return %
China Banking CorporationCBC Short-Term Fund2.10%
China Banking CorporationCBC Money Market Fund1.81%
BDO Unibank, Inc.BDO Institutional Cash Reserve Fund1.80%
Philippine National BankPNB Global Filipino Peso Money Market Fund1.79%
China Banking CorporationChina Bank Institutional Money Market Fund1.74%
BPI Asset Management and Trust CorporationBPI Money Market Fund1.72%
Development Bank of the PhilippinesUNLAD KAWANI MONEY MARKET FUND1.70%
Rizal Commercial Banking CorporationRIZAL PESO CASH MANAGEMENT FUND1.68%
Philippine National BankPNB INSTITUTIONAL MONEY MARKET FUND1.65%
Philippine National BankPNB DREAM BUILDER MONEY MARKET FUND1.64%
Robinsons BankRBank Peso Money Market Fund1.61%
Development Bank of the PhilippinesCLASS I - UNLAD PANIMULA MM FUND1.59%
Philippine National BankPNB PRIME PESO MONEY MARKET FUND1.51%
Rizal Commercial Banking CorporationRIZAL PESO MONEY MARKET1.51%
Security Bank CorporationSB PESO MONEY MARKET FUND1.49%
Asia United BankPeso Money Market Fund1.48%
EastWest Banking CorporationEast West Peso Short Term Fund1.48%
EastWest Banking CorporationEastWest Peso Money Market Fund1.47%
RCBC SavingsRCBC Savings Bank Peso Money Market UITF1.47%
United Coconut Planters BankUCPB Cash Management Fund (Formerly United Cash Management Fund)1.46%
Development Bank of the PhilippinesCLASS II - UNLAD PANIMULA MM FUND1.45%
LandBank of the PhilippinesLANDBANK Money Market Fund1.43%
BPI Asset Management and Trust CorporationBPI Short Term Fund1.42%
Philippine Savings BankPSBANK MONEY MARKET FUND1.42%
Metropolitan Bank & Trust Co.Metro Money Market Fund1.41%
Development Bank of the PhilippinesCLASS III - UNLAD PANIMULA MM FUND1.38%
AB CapitalAB CAPITAL SHORT-TERM FUND1.30%
BDO Unibank, Inc.BDO PESO MONEY MARKET FUND1.29%
Union Bank of the PhilippinesUnionBank Peso Short Term Fixed Income Portfolio1.16%
Philippine Bank of CommunicationsSIGNATURE TRUST FUND1.00%
LandBank of the PhilippinesLANDBANK Money Market Plus Fund0.88%
ATRAM Trust CorporationATRAM Peso Money Market Fund0.74%
Bank of CommerceDIVERSITY MONEY MARKET FUNDNo data
BDO Unibank, Inc.BDO SHORT TERM FUNDNo data
CTBC Bank (Philippines) Corp.CTBC Money Market FundNo data
Metropolitan Bank & Trust Co.Metro Short Term FundNo data
Sterling Bank of AsiaSterling Money Market FundNo data

What are Unit Investment Trust Funds?

Unit Investment Trust Funds or UITF are investment options for investors who may not have the time or expertise to do the investing themselves but are interested to place their money in income-generating assets, such as stocks, bonds, money market instruments and other similar products.

UITFs in the Philippines are typically offered by banks, and what they do is pool funds collected from investors and manage these funds collectively. All income of the fund is added back to the fund which contributes to the increase in price of each unit of the fund. UITF investors make money when the price of each unit of UITF appreciates in value.

UITFs are very similar to Mutual Funds, but they still have some differences. To learn more about Investing in UITFs, check out our resource guide below:

How to Invest in UITF — Tutorial and Guide

Sources: Bloomberg; Trust Officers Association of the Philippines

See also: Comparative Fund Performance of Mutual Funds in the Philippines

Disclaimer: Although the rate of return is a good measure of performance, other factors such as consistency of returns of the fund and degree of risk exposure must also be considered. Note that a fund’s past performance is not and cannot be a guarantee of future returns. PinoyMoneyTalk’s article is only for information purposes and is not meant to replace a finance professional’s advice or to solicit any investments. Conduct due diligence before making the decision to invest.







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