Attention: UCPB UITF Clients
Please be advised that effective March 11, 2022, the following amendments to UCPB’s UITF products shall be implemented:
UCPB Peso Bond Fund (UPBF)
Change in Investment Objectives from
“The FUND aims to provide its participants an alternative medium to long-term investment outlet through investments in high quality and credit worthy instruments such as Government Securities and Deposits, Negotiable Certificate of Deposits, and Non-Negotiable Certificate of Deposits with the UCPB and other banks.”
“The FUND aims to achieve income growth by investing in a diversified portfolio of Philippine Peso denominated fixed income instruments.”
Change in modified duration from “10” to “5”.
Qualified participants should have an investment horizon of “long-term”.
UCPB Balanced Fund (UBF)
Change in benchmark from “composite return of the Philippine Stock Exchange Index, Bloomberg Philippine Sovereign Bond Index (net) and 30-Day Average Special Savings Rate (net)” to “composite return of the Philippine Stock Exchange Index, Bloomberg Philippine Sovereign Bond Index (net) and 3-Month BVAL”.
Change in modified duration from “15” to “5”.
Qualified participants should now have a risk profile of “Aggressive” and an investment horizon of “long-term” based on the results of the accomplished Client Suitability Assessment Form.
If you have inquiries or concerns, please visit or call your maintaining branch. You may also call Trust Banking Group at (02) 8811-9520 / (02) 8811-9522 or send an email to firstname.lastname@example.org.
For your information and guidance.
Date published: February 9, 2022