UITF, or Unit Investment Trust Funds, typically offered by banks and trust corporations in the Philippines, prove to be a reliable investment for those looking to invest but may not have the expertise to manage their money or the time to monitor the market performance.
Interested to discover other investment outlets aside from stocks and mutual funds? Consider Unit Investment Trust Funds or UITFs. Check out our easy-to-understand guide below to learn more details about this investment option! What are UITFs? UITF or Unit Investment Trust Fund is a collective
A lot of our readers have been sending us inquiries regarding Mutual Funds and Unit Investment Trust Funds (UITFs), particularly the differences between the two. In response, we summarize here the basic differences between Mutual Funds and UITFs.
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.
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
Question: Do I need to pay taxes on my earnings once I redeem my Unit Investment Trust Funds (UITFs) or shares of mutual funds? Answer: No, as long as proper taxes have already been collected prior to the redemption of your UITF participation. That’s according
You’ve learned what UITFs are and how they are different from mutual funds. You’ve decided to invest in UITFs. But are they really right for you?
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