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How to Invest in UITF (Unit Investment Trust Funds) - Part 2

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mxherr5

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May UITF si PNB the bank pero kung sa PNBLife ka kumuha then
malamang VUL ang nakuha mo, sort of UITF/MF + Insurance.

May mga quarterly statements naman ang VUL.
And since may kasamang insurance yan, may mga corresponding
charges rin yan na makikita mo sa statement.


Sheikmaktoum

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Mga Sir at Maam,

Tanong ko lang what will happen to your UITF incase na may masamang mangyari sayo say namatay (knock on wood).. can our family redeem it?

TIA!


kulatir

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Mga Sir at Maam,

Tanong ko lang what will happen to your UITF incase na may masamang mangyari sayo say namatay (knock on wood).. can our family redeem it?

TIA!

sa  pagkakaalam ko  mareredeem ata kase nung  nag open  ako ng uitf meron portion sa application na ilalagay mo ung name ng spouse mo,pero im not sure kung subjected to sa estate tax..


freelancer_babe

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Mga Sir at Maam,

Tanong ko lang what will happen to your UITF incase na may masamang mangyari sayo say namatay (knock on wood).. can our family redeem it?

TIA!

Read the discussion here: http://www.pinoymoneytalk.com/forum/index.php?board=93.0


gabo

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As of today, meron pa bang bank aside from BPI na online ang subscription at redemption ng units? Napaka-inconvenient sa akin ang pumunta sa bangko at i-claim/surrender ang certificate of participation.


angeljme

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sphinxz

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may website ba which contains the consolidated data of all UITFs in the philippines? parang pifa.com.ph for Mutual funds. care to share? thanks


randybundz

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check niyo po dito sir...

http://www.pinoymoneytalk.com/uitf-funds-returns-3q-2012/

Hello,

i just opened 3 UITFs with BPI: (10k initial each) just started this month, Feb 2013.
BPI Premium Bond
BPI Equity Value Fund
Odyssey Philippine High Conviction Equity Fund

*I chose BPI because aside from the fact that my payroll is with them i've been a bpi fan ever since kahit na alam ko mas mataas ang mga trust fees nila for UITFs. i was in the impression na baka kaya malaki fees nila is because their fund managers perform well, until i read your post and saw the banks' performance compared to other firms.
 
*based po sa link above sobrang panget po pala ang fund performance ng BPI when it comes to UITFs

Questions:
1. does this mean that their fund managers are not that competitive compare to others?
2. advisable po ba na meron multiple UITF accounts for diversification? or mas maganda po ba na isa lang para mas malaki ang monthly placement?
3. okay lang po ba na i pull out ko nln ung equity ko from BPI to BDO since mas maganda talaga ang performance nila last quarter of last year?

Thanks po. 


gabo

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In my opinion, BPI's fund managers are conservative. They seem to be consistent performers in Bond funds. So far, 1-year return for equity funds are disappointing: BPI Equity Fund = 18% vs. 32.95% PSEi benchmark; Odyssey High Conviction Equity = 5.71% vs. 9.69% SB Secure Peso Fund (money market). WTF.

I think there's nothing wrong with pulling out since your investment account number remains with you. You can always enroll online in their other funds if you choose to.

As for me, I think I'll move my Odyssey High Conviction Equity fund to the more conservative BPI Premium Bond fund. It gained a measly 7.9% over 9 months vs. my blue chip-based stock market portfolio @ ~40% in 11 months. Since redemption reportedly takes only a day, it will serve as my emergency fund. The majority of my funds have already been invested directly in the stock market. A small portion has also gone into a VUL. This is my diversification strategy for now - majority in equities not handled by a fund manager (COL Financial) with some liquidity (BPI bond fund) and protection (insurance). This will change when the market goes bearish or when I reach the retirement age range.

I don't do cost averaging with MFs and UITFs because they generally have entry, exit and annual fees. I look at 1-year charts of the fund, determine the lows and highs, enter at the lower price range, put a one-time placement and sit it out.


randybundz

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thanks for that very detailed reply sir Gabo. i will just maintain my premium bond with bpi then and redeem my odyssey HC and equity accounts since i just started them. i am really not an expert when it comes to stock market and online trading yet but have plans of trying it out soon.

  i also love the way u strategise ur portfolio.


gabo

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thanks for that very detailed reply sir Gabo. i will just maintain my premium bond with bpi then and redeem my odyssey HC and equity accounts since i just started them. i am really not an expert when it comes to stock market and online trading yet but have plans of trying it out soon.

  i also love the way u strategise ur portfolio.

Sure! Glad to help.

I'm not a stock trader myself. I invest, albeit without a fund manager's intervention. At least with my broker, their research helps a lot for someone who's just starting out, and the information is free for anyone with access to their platform.

It's really not that hard to invest directly in stocks, i.e. via an online stock broker. It's also an excellent way to learn about our PSEi while already being invested. Let's say that you patronize BPI and you buy shares of the company in the course of 2 years. It's more difficult to think of BPI going bankrupt in 2 years time considering that it has remained in the business for decades. The same goes true for Jollibee, Shoemart, Globe and PLDT. These are blue chip stocks, and they don't just go bust overnight.

I'm seeing a majority of BPI's Equity Value Fund allocation in blue chip stocks. When you know that you can get the same for a minimum fee and without an annual fee, you'll think twice about paying a fund manager that's supposed to know more than you. Their historical performance says it all. They rarely beat the benchmark.


orson

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As of today, meron pa bang bank aside from BPI na online ang subscription at redemption ng units? Napaka-inconvenient sa akin ang pumunta sa bangko at i-claim/surrender ang certificate of participation.

i think the fami series can be traded online through first metro


Samuraix

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Recently pababa yung NAVPU ng Bdo's medium term dollar bond fund. Any ideas guys bat ganito?


gabo

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i think the fami series can be traded online through first metro
Hindi naman daw sir: http://fami.com.ph/?page_id=2978
Quote
A shareholder may redeem his shares any banking day, by contacting FAMI by phone and filling up a redemption request form (indicating the number of shares he wants to redeem). The redemption request form should be faxed or forwarded to FAMI. Additional items have to be submitted by the shareholder to FAMI before the proceeds can be released...


tyronesolee

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For BPI, take a look at Philippine Stock Index Fund. It's a mutual fund invested on equities which DOES NOT HAVE sales load and performs very well since it's an index fund mimicking PSE. All mutual fund products of BPI DO NOT HAVE sales load unlike other mutual fund companies.

For UITFs, what I liked the best is all UITF products of BPI DO NOT HAVE HOLDING PERIODS. That means, you are not subject to early redemption fees unlike other UITFs.

I am saying this for the benefit of the readers. I am not in anyway compensated by BPI by saying this.

Take a look at one of my articles below as I take a closer look on UITFs and Mutual Funds

http://www.millionaireacts.com/2900/uitfs-and-mutual-funds-a-closer-look.html
« Last Edit: Feb 20, 2013, 01:20 PM by tyronesolee »


orson

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Hindi naman daw sir: http://fami.com.ph/?page_id=2978

that's weird they have a website for buying and trading fami https://www.firstmetrosec.com.ph/cms/mutual_funds.asp


bilagan2004

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For UITFs, what I liked the best is all UITF products of BPI DO NOT HAVE HOLDING PERIODS. That means, you are not subject to early redemption fees unlike other UITFs.


Meron na po clang holding periods, I tried before Money Market Funds and you need to keep it for 7 days or else your money is subject to early redemption fees..


sphinxz

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^ sir, wala na po silang holding period (and early redemption fees) for all their investment funds. late last year lang nila ni-lift. confirmed it here

https://www.bpiassetmanagement.com/pages/bpi-short-term-fund/


mxherr5

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@bilagan, baka you're referring to BPI's MFs. All BPI UITFs do not have any holding period


gabo

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Uu, ganda sana ng walang holding period mga sir. Kaya lang kulelat ang performance.

------

@orson,
Wala namang nakalagay dun tungkol sa redemption sir na automatically ma-credit sa Metrobank settlement account mo.


tiongky77

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Hi there, I'm a newbie who invested with BDO UITF since November 2012, more specifically BDO equity fund, which so far has done very well. I just have a query:

I noticed, and also read from a few forums, that equity is dependent on the PSEI performance. Please correct me if i'm wrong, but this would mean that if PSEi did well for that day then our equity would show an increase as well, is this accurate? The reason i asked is because there were 2 occassions in the past 2 weeks where this didn't happen. Just last week I saw the PSEi did well but my BDO equity went lower and yesterday PSEi showed -0.29% change but my equity went up. I would just like to know why this is the case of if there are other factors to consider in investing with UITF/Equity funds.

Thanks in advance


mxherr5

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Not exactly but most of the time, that statement is true.
If the market in general is going up then all mutual funds and
UITFs would general also be going up and vice versa.

What happened with BDO is perfectly normal.
It just means that the stocks it holds didn't perform like the PSEi.

It probably has assets in some mining company which isn't in
the PSEi and the stock didn't perform well. Those sort of scenarios.


mxherr5

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@gabo hahahaha my sentiments exactly.
baka kaya tinanggal ang holding period.
To attract more clients kahit may potential mas magiging worst ang
performance nila, total their performance isn't that
good in the first place :p


true_blood

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Why is there no front / back load you have to pay sa mga UITF compared ot MF's? 

Sa MF ba, if I invest 100K, and I go for the front sales load (2%), bawas kagad pera ko, meaning 98K nalang kagad pera ko initially?


cathycathy

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Hi,

 Dependent po sa PSE ang equity fund ksi ang fund composition nito eh 94% stocks while remaining is sa deposits na. 30% sa holdings 18% sa financials 18% industrial and so on :)


wintan2006

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             ^^true blood...the answer is yes po to your question. :)


mxherr5

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to add to wintan's reply. yes pero you forgot the VAT :p

@trueblood, kasi ang main distribution channel ng mutual fund
ay through agents at may commission.

Sa UITF, yung bank personnel lang ang nagaasikaso.

That's why may sales load sa mutual funds.
Pero its all fair naman kasi kadalasan yung mga sa banks, walang
alam sa UITF while yung mga agents sa MF, knowledgeable sila
sa products nila. :D


true_blood

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tnx sa reply.  If I do alot of ins and outs (investing and redeeming) it will hurt me kung sa MF? kasi of the loads? tama ba.

agents are not the fund managers, right?

Also is it wise to put in my money on a lump sum, specially now? 


tiongky77

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Thanks, mxherr5  :D

Any forecast for the coming months if our UITFs or our PSEi would continue to improve? Any guesses if our SABA issue would cause potential problems as well as the coming elections?


mxherr5

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@ true, yes pero most UITF while having no entry fee, eh may holding period
sila pero its usually short lang naman, hindi tulad ng holding period ng mutual funds.

Ang BPI UITFs lang ang walang holding period.

- That's correct, agents are the ones distributing the funds, meaning sila ang nagbebenta
fund managers ang humahawak sa pera ng funds at sila nag iinvest.

- I tried to take the market conditions while investing.. tried it for 6 months.. It was too
troublesome. I'll just cost average myself to wealth. less stress :D




wintan2006

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         ^^ true blood , pansin mo taas ng market ngayon,i guess it is not wise to put lumpsum,if i were you i will cost average muna at pag bumaba ang market ng around 10% ,tsaka ka mag lumpsum.Unless,you are going to invest in bond funds where lump sum of 100k a month won't hurt kasi pataas naman ang trend nya though slow lang.

        This is how i do it:  kunwari lang to ha

      DATE          NAV              PLACEMENT
      JAN              3.3                 1OK
      FEB             3.5                  10K
      MARCH        4.1                  10K
      APRIL           3.8                  15K to 20K
      MAY             3.2                   50K
      JUNE            2.8                  50K to 200K
         
     P.S.   mag lump sum ka pag bumaba ang market ng 20% to 30%. dagdag ng dagdag ang placement habang pababa ng pababa ang market.

        I monitor my funds every day,It only takes 2 minutes of my time to see the NAVP of my fund.:)


true_blood

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^^my problem is I have to leave the country, so I have to make a decision if ill opt to put lump sum now, as I dont want to just park my money in SA.  I will come back after a few months though
« Last Edit: Mar 14, 2013, 06:14 PM by true_blood »


sphinxz

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@true_blood
ikaw lang po ang makakadecide if you want lump sum or cost average. either way, possible naman sya. if you decide for CA, deposit mo lang sa SA then schedule mo ang cost average payments sa online facility nila. or if you want, access mo lang ang online account mo kahit nasa abroad ka na then do the manual topup anytime you want.


true_blood

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tnx.  UITF / MF are not compounding right?  Whatever the final NAV is to be computed just from the principal (all the principals if doing cost ave.), all the ups and downs in between doesn't matter, just the last NAV during redemption. 

So my question is, once I see reasonable interest earnings, I'll redeem, them at the same day I got the money, I'll put it in again, orig. principal + interest, in that way I can do compounding, my interest will further earn interest.  Is this a good strategy?


wintan2006

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                  ^ true_blood,it doesn't work like that,that practice is only good for TDs which has fixed interest rates.

                  month       NAV
                   Jan           1.2
                   Feb           1.4
                  march         1.65
                  If you sell your units bought at 1.2 last Jan and place it (principal and interest) in March at 1.65,edi mas napamahal ka pa.you won't be maximizing your earnings if you're going to go in and out of your fund.just leave your money there for at least 5 to 7 yrs or take out the money if you need it,if not,just stay.in short, mag co-compound yan if your principal and interest stay in your fund pag paakyat ang market.

                 


sphinxz

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@trueblood
first paragraph is correct.
second paragraph, no. you cannot have 2 navpu values per day, only 1. so you cannot capitalize on selling and buying on the same day. if may fees, lugi ka pa. i think interest is not the right term, maybe capital gain, kasi di naman fixed ang kikitain or ikalulugi mo so di mo ma-aapply ang compounding interest. keep in mind lang na # share = money/navpu. upon selling money = # share x navpu (kikita ka if tumaas ang navpu,lugi ka otherwise). actually, pwede mo i-apply yung strat mo na in/out if SURE ka na the next day eh bababa ang navpu. unfortunately, unpredictable talaga ang galaw ng market.


true_blood

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tnx guys.  I see what you mean.  Anyway I just tried different scenarios using BDO yield calculator on previous years for equity, and see what if I just waited w/o redeeming versus redeeming in the middle and re-investing.  And I saw there will be scenarios there will be more earnings, and others less earnings.  I guess it all depends on the Nav.  and timing of redeeming and re-investing, but since nobody can predict correct timing, best just put them in there for the long haul.



electrickoelectric

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mga boss hingi lng ng advice. If example may 500k ako ok ba ipasok ko all in sa bdo equity fund long term o kapag tumubo in a  month witdraw ko na tpos pasok ulit? :help: ska wala na ba mga hidden chagres un pag ipasok ko 500k  kung magkano ung navpu ganun mging no of units ko?


spartacus

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hello, 1st time investor here, nagback read na ako sa thread na to kaya kahit konti may natutunan na  :D ask ko lang ano magandang fund? plan ko mag open sa BDO next week. below are my options. i will not be needing the money for at least 3 years.

1. 150K lump sum to equity - pansin ko kasi bumaba NAVPU yesterday
2. Cost averaging - Balanced fund, 20k initial, 10k/mo additional
3. Cost averaging - equity fund, 20k initial, 10k/mo additional
4. EIP fixed income - 10k/mo
5. EIP equity - 10k/mo


kiriyama

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mga boss hingi lng ng advice. If example may 500k ako ok ba ipasok ko all in sa bdo equity fund long term o kapag tumubo in a  month witdraw ko na tpos pasok ulit? :help: ska wala na ba mga hidden chagres un pag ipasok ko 500k  kung magkano ung navpu ganun mging no of units ko?

tingin ko ok lng na lagay mu ng lump sum kagad...lalo nat bull market tyo ngaun...eniwei opinion ko lng naman un..or maybe i'm too aggresively stupid....with regards naman dun sa withdraw and deposit again...I dont think it's a good idea na pag tumubo is withdraw then ipapasok mu ul8? anung purpose nun?? Sorry i don't get it...sa pag kakaintindi ko kasi...

Ex. bumil ka ng 1 peso per share...then naging 5 pesos na ung price per share...then withdraw mu ul8 lahat....nag ka 5 pseos cash ka na and no shares...then you will buy back..pero dahil ang price nya is 5 pesos pa rin...walang lng din ngayari...u still have 1 share...if tummass naman ang price...nasayang lng pera mu kasi kulang na pambili ng isang share...swerte mu lng kapag bumaba...which is most likely improbable ngaung bull market...siguro hihintay ka pa ng correction para makarami ka ul8 ng shares....I havn't investsed yet sa BDO pero tingin ko ganun na nga..wala ng hidden charges..kasi sabi nila NET na daw un...



hello, 1st time investor here, nagback read na ako sa thread na to kaya kahit konti may natutunan na  :D ask ko lang ano magandang fund? plan ko mag open sa BDO next week. below are my options. i will not be needing the money for at least 3 years.

1. 150K lump sum to equity - pansin ko kasi bumaba NAVPU yesterday
2. Cost averaging - Balanced fund, 20k initial, 10k/mo additional
3. Cost averaging - equity fund, 20k initial, 10k/mo additional
4. EIP fixed income - 10k/mo
5. EIP equity - 10k/mo


I suggest "1" kasi you dont need the money soon diba? so make it all out...hehehe un eh kung ako ung may pera na 500k...then after that cost averaging na...kapg may extra money lagay lng nglagy ul8....


reytave19

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I currently have 450k as principal amount on my UITFs. i have 2 EIPs. 40k/month for equity and 10k/month for fixed income fund. At the same time i invest around 5-10k per month on stokcs thru my citisec account. so far halos di nagkakalayo ang performance ng stock picks ko sa equity UITF ko. it got me thinking, if the stocks of the equity fund pays dividends, do they get included in the value of the NAVPU? moreover, are they reinvested? if not kasi, e di mas ok maginvest on my own kasi i get the dividends. if it gets included naman, could it be the reason that equity UITFs  beat the PSEi?

For example, according sa disclosure ng bdo, its equity fund has grown 330.53% compared to the 279.12% growth of the PSEi. That's a + 51.41% in the span of 8 years since inception of the fund is march 2005. that translates to an average of 6.4% per year. do you think it's from the dividends paid out by the stocks on the fund's portfolio? or is it really the fund beating the market? if it's the former then it means the fund is basically following the index. if it's the latter, then it means the dividends do not become part of the NAVPU. or could it be a mixture of the dividends and the fund beating the index? can someone please enlighten me?  :rakenrol:


james.philipp.5

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 ^ my assumption is that the fund managers of the equity fund is doing their job well  :applause:..meaning, they invested the fund in multiple companies that beats the companies in the PSEi....
with regards to dividends, i think they include the dividends to the fund's growth but that does not necessarily mean that if a  fund is focused on investing in companies that give high dividends , it will have higher return compared to other funds...
 so to answer your question if higher dividends caused the equity uitfs beat the psei, possible.... But to know better bakit mas maganda takbo ng equity fund mo, check the sector holdings (holding, financial, industrial,service etc) or the specific companies where it is heavily invested... then you'll have a better idea why it is doing better than the companies included in the PSEi...
« Last Edit: May 18, 2013, 12:42 PM by james.philipp.5 »


reytave19

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@james.philipp.5

thank you for the response sir. so ibig sabihin nagiging part nga ng NAVPU yung dividend? is it a definite yes?


mxherr5

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That's a definitive yes because the dividend is part of the income from the fund's
assets which belongs to the fund.

If you're curious about what really is the total PSEi returns then you can
go check PSIF's fact sheet. It includes the returns of PSEi+dividends

ex. during the past 5 years from Mar 2013
The PSEi return around 129% but if you include
the dividends it goes up to 172%


spartacus

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I suggest "1" kasi you dont need the money soon diba? so make it all out...hehehe un eh kung ako ung may pera na 500k...then after that cost averaging na...kapg may extra money lagay lng nglagy ul8....

parang gusto ko na nga mag all in na, pero pansin ko pababa pa rin yung bdo equity tama bang mag monitor muna? baka kasi tuloy tuloy na pagbaba  :D


investormills

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That's a definitive yes because the dividend is part of the income from the fund's
assets which belongs to the fund.

If you're curious about what really is the total PSEi returns then you can
go check PSIF's fact sheet. It includes the returns of PSEi+dividends

ex. during the past 5 years from Mar 2013
The PSEi return around 129% but if you include
the dividends it goes up to 172%

so anong kita ng banko dito sa UITF o MF? di kaya sa kanila ang dividends? i doubt kung yung kita lang nila ay yung management fee an 1-2%.


kiriyama

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parang gusto ko na nga mag all in na, pero pansin ko pababa pa rin yung bdo equity tama bang mag monitor muna? baka kasi tuloy tuloy na pagbaba  :D


Yup observe muna...pero wag maxado matagal...baka kasi mag end up waiting forever kna...or sa kakakhintay mu...kung kelan ka pumasok tsaka dun bumagsak...the sooner the better...everyday is important...Normal na bumagsak lng ung stocks and mga MF last 2 days...dahil sa profit taking...masyado kasi mabilis ang pag angat last week up to Wed. kaya thurs. and fri..bagsak tlga...expected na un...Observe k next week ng mangyayari and decide kna... balitaan mu kami ang goodluck sateng lahat ^^,


mxherr5

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so anong kita ng banko dito sa UITF o MF? di kaya sa kanila ang dividends? i doubt kung yung kita lang nila ay yung management fee an 1-2%.

Yup, ganun na nga.. yung 1-2% fee ang kita ng banko or investment company at hindi naman to
local phenomenon lang, ganito talaga globally.

If they do keep the dividends then no fund manager would invest in non dividend stocks
baka magiinvest lang sila sa biggest dividend giving stock all the time lol

The only fund I know that do not include the dividends in the NAV is the PSIF.
It states in its prospectus that it keeps the dividends in a special "fund" and it
uses that to pay for its management fees.


spartacus

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what can you say about BDO fixed income fund? mas ok bang ilipat ko na lang ang naka TD ko dito while cost averaging on equity fund? :help:


mxherr5

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bond funds are really doing great this year!
bdo's fixed income more so than bpi's similar bond funds


kyanph

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Saw that BPI has a new UITF. BPI Philippine Equity Index Fund https://www.bpiassetmanagement.com/pages/bpi-philippine-equity-index-fund

Also saw it on Inquirer. http://business.inquirer.net/122705/bpi-to-launch-trust-fund-tracking-local-stock-index

   
Quote
Asked whether the new product would eat into the market targeted by the PSEi-based mutual fund, Javier said BPI’s plan was to offer it to different markets.

“The initial plan was to offer the mutual funds to the retail market and the Philippine equity index fund to institutional investors but right now, we’re still in the process of applying shares (for the mutual fund), so we are going to have to offer it (UITF) to individuals for now. But later on we will split the market,” Javier said.

What does this mean? Split the market?


yagami_kira

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I have read many information though and even in TV that in Philippines you'd better off with an actively-managed fund rather than an index fund since many fund managers in the country can easily beat the index. Besides, according to them an index fund is suitable only to countries with a lot of companies listed in the stock exchange like in the US. Is there a truth on that still today?


reytave19

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ang weird naman ng fund na yan. why would you pay the fund managers to just follow the index?


kyanph

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Actually naguguluhan din ako bakit ganung kataas ang fee (1.5%) since susundan lang nila ang index.


investormills

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I believe BPI's ALFM PSIF is currently the top performing equity mutual fund, its an Index tracker same as what they are offering right now, BPI PEIF.


mxherr5

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@yagami, that's true before.. our mutual funds and UITFs have always
managed to beat the index most of the time.

And although what investormills says is true maybe this is just
one of those very few years that the index is doing better
than mfs/uitfs


FFreedom3

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@yagami, that's true before.. our mutual funds and UITFs have always
managed to beat the index most of the time.

And although what investormills says is true maybe this is just
one of those very few years that the index is doing better
than mfs/uitfs

If you compare BPI's UITF/MF historical data within 5 years mas bigger ang returns ng Index.

https://www.bpiassetmanagement.com/upload/files/investment-research/investment-funds-monitor/Investment%20Funds%20Monitor%20-%2005_21_13.pdf


finplanner36

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Hi,

Is there any link that I can access to get information on Philippines' UITF's performance from 2008-2012?

I specifically want to know the performance of BPI's Premium Bond Fund and Metrobank's Max-5 Bond Fund (Metrobank Peakearner before) from 2008-2012... I want to know if these bonds funds had negative or very low yields during the financial crisis.

Thanks. 


yagami_kira

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If you compare BPI's UITF/MF historical data within 5 years mas bigger ang returns ng Index.

https://www.bpiassetmanagement.com/upload/files/investment-research/investment-funds-monitor/Investment%20Funds%20Monitor%20-%2005_21_13.pdf

Is the main reason why BPI Equity Fund is performing badly than other equity funds in the market is because they do not have minimum holding period? So parang nawawalan ng diskarte yung fund manager as redemption occurs more often


mxherr5

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nope, the no holding period thing is a recent development
the bad performance when it comes to equities ay matagal na lol


personalfinanceapprentice

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Hi,

Is there any link that I can access to get information on Philippines' UITF's performance from 2008-2012?

I specifically want to know the performance of BPI's Premium Bond Fund and Metrobank's Max-5 Bond Fund (Metrobank Peakearner before) from 2008-2012... I want to know if these bonds funds had negative or very low yields during the financial crisis.

Thanks. 

You can check each bank's website. Or, more convenient, go to bloomberg to compare all the philippine UITF bond funds. (In case you don't know how yet, I've got an old blog post on how to do so:http://thepersonalfinanceapprentice.blogspot.com/2013/02/find-and-compare-best-uitfs-in.html)

Mejo mahaba lang uyng list, at kailangan mo piliin yung mga bond funds.


wintan2006

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                 try mo lang to list ng UITF from Bloomberg

                 http://www.bloomberg.com/markets/funds/country/philippines/



KingArthurIII

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Hi po! Tanong ko lang po paano po ba mag "invest" sa isang UITF? Para lang po ba yang mag oopen ng savings account punta lang agad sa bangko tapos magpakita ng ID and then fill up ng application tapos bigay na agad ng initial deposit? Also magkano po ba yung pinakamaliit na pwedeng e-invest sa isang UITF sa isang bangko tulad ng BDO or Unionbank (ito kase yung mga banks na may konti akong pera) or any other banks na maliit lang yung "initial deposit or investment" like 5 to 10 k lang.

Pasensya na po if I'm asking these questions medyo overwhelming na po kase na basahin pa lahat ng mga posts sa iba't ibang threads about UITF and mutual funds kaya itatanong ko na lang dito. I hope someone answers my questions? Thanks po in advance.
« Last Edit: Jun 11, 2013, 05:41 PM by KingArthurIII »


mxherr5

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If you compare BPI's UITF/MF historical data within 5 years mas bigger ang returns ng Index.

https://www.bpiassetmanagement.com/upload/files/investment-research/investment-funds-monitor/Investment%20Funds%20Monitor%20-%2005_21_13.pdf

Whoa, I completely missed your post dude. Sorry.
Yes, that's true.
BPI's UITF Equity Funds all suck. They trail the index most of
the time.

BPI's MF people actually do a better job.
I had planned on investing in the ALFM Growth Fund but
ever since they raised the fee to 2%, I said I'd rather forget about it.

I only have bond holdings with BPI.

@ King Arthur,
Yep, halos the same process but you also have to fill up
a questionaire to find out what kind of fund would be suited for you.
Also, most of them requires you to open a savings account to serve
as the settlement account.

The investment amount varies, at a minimum 10k ang initial investment.
Some like Unionbank have a very high initial investment requirement of 100k.


FFreedom3

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Yes mxherr5 BPI Equity Funds sucks :) ... my first UITF investment I placed it there. I'm moving it to BDO Equity Fund instead.
« Last Edit: Jun 11, 2013, 06:47 PM by FFreedom3 »


KingArthurIII

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Thanks mxherr 5 sa pagsagot ng mga tanong ko. Yung UITF ba sa BDO at Unionbank kahit saang branch pwede? Taga Zamboanga City kase ako ehh

Tinignan ko din pala yung website ng BDO tapos may nakalagay dun BDO fixed income fund and BDO Peso Balanced Fund, 10K lang yung umpisang investment, ano kaya mas okay dito? Pwede ba mag invest sa ganito dito sa mga branches ng BDO sa Zamboanga City? Kung pupunta ba ako bukas sa isang branch ng BDO dito sa amin makakapag invest ba kaagad ako gamit lang ang 10K? Thanks again.
« Last Edit: Jun 11, 2013, 07:09 PM by KingArthurIII »


mxherr5

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Uy kabayan :D yep, debe maskin donde branch pwede.

I'd go with BDO though as it has a 10k minimum and if you enroll
in EIP, you can invest as low as 1k per month.

Unionbank, although having very good returns has a 100k minimum.

Rule of thumb is, the higher the risk, the greater the potential reward.
And the longer you are invested, the lesser the market risk.

From highest risk to lowest,
Equity
Balanced
Bonds
Money Market.

So, if you have a very long term goal like retirement you'd want to put
your money in Equity. If you need the money within a year, then Money Market
would do.

Hope that helps.


KingArthurIII

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Uy, ang galing naman taga Zamboanga ka rin. :cool2: Gracias gayod !
« Last Edit: Jun 11, 2013, 08:22 PM by KingArthurIII »


hunkinvestor

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Hi Everyone, hope you can help me start investing. I've been browsing several websites of some MF and UITF, but I do not quite figure out which specific product should I choose.

There are graphs, percentage and numbers, but for me they don't translate to something that I truly understand.

Sorry if this question might be looking for specific answers, but I would just really want to start investing and would like to know how to choose the right product.

My goal is to start with 10,000, then add into it 5,000 to 7,000 every month until 3 years. Yes, I plan to use the money after 3 years.

I was told not to choose MF's/ UITF's that invest in stocks, rather choose the ones that invest in bonds. But there are a lot of institutions that offer these type of investments.

So it all boils down to how do I choose. Who do I trust? Where to start? What to consider? Which one will give me peace of mind?

Yes, I won't stop reading and browsing. But I hope I find the answer. I don't want to waste time.

Hope you can help me.


ikaela

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For those who have BDO UITFs: Pwede ba mag-redeem ng shares/take profit at ANY BDO branch? I travel around the Philippines a lot kasi, baka ma-tyempuhan na yung time na gusto ko na mag-redeem eh wala ako sa hometown ko. I can't find this info on the BDO website either.


 


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