Investing in Mutual Funds

Can I invest in mutual funds or UITFs while abroad?

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.

UITFs vs. Mutual Funds

Both are pooled funds. Both offer higher returns compared to banks but also are not risk free. Both are measured in terms of the net asset value per unit (NAVPu) or share (NAVPS). So what’s the difference between UITFs and Mutual Funds? A unit investment trust fund or UITF is a banking product that replaced …

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