Unit Investment Trust Funds (UITFs)
UCPB Equity Fund (UEF)
The UCPB Equity Fund (UEF) is a Peso-denominated open-ended mark-to-market pooled fund operated, administered, managed and trusteed by the UCPB Acting Through Its Trust Banking Group (UCPB-TBG). It is invested primarily in equities.
The UEF shall be offered to investors with a medium to long-term investment horizon (not more than 15 years), investors seeking a way to have a diversified holding of equities and appreciate the benefits and risks of the volatility of share prices.
- Investments in the UEF are generally with higher risk. Its investments are stocks of corporations in the Philippine.
- Higher Yielding. The yields of the UEF are likely to outperform fixed-income funds due to trading gain opportunities.
- Affordable Diversification. A client is able to invest in a variety of equity issuances for just a minimum of PhP 10,000.00.
- Potential to Increase Earnings. Aside from earning interest from the dividend payments of underlying investments, as market prices for equities move up or down, the client may redeem at an opportune time and reap capital gains. However, be aware that such redemption may also result in possible loss.
|Minimum Amount||PhP 10,000.00|
|Additional Participation||Minimum of PhP 5,000.00 and in multiples of PhP 1,000.00|
|Documentation||UEF Participating Trust Agreement
Plan Rules available upon request
|Min. Holding Period||30 calendar days|
|Redemption Parameters||May redeem units on the 31st calendar day for settlement on the 34th calendar day|
|Taxability|| Equities. Subject to applicable taxes in a brokerage transaction.
Deposits and Short-term Investments. Tax-Paid 20%
|Trust Fee||1.75% p.a.|
|Early Redemption Fee||5% of the Amount Redeemed|
*the daily computed Net Asset Value Per Unit (NAVPU) is already net of taxes and fees
If you need more information regarding Unit Investment Trust Funds, please contact the UCPB branch most convenient to you or UCPB’s Trust Banking Group associates:
Participations in UITFs are trust arrangements and not deposit accounts or an obligation of, or guaranteed, or insured by UCPB Acting Through Its Trust Banking Group (UCPB-TBG) or its affiliates or subsidiaries. Due to the nature of the underlying investment(s), yields and potential yields cannot be guaranteed. Any loss/income arising from the market fluctuations and price volatility, even if invested in Government Securities, is for the account of the client. As such, when redemptions/withdrawals are made, the value of said redemption/withdrawal of the client may be worth more or be worth less than the initial investment/contribution. Historical performance, when presented, is purely for reference purposes and is not a guarantee of similar future results. It is further understood that UITFs are not insured by the Philippine Deposit Insurance Corporation (PDIC) and that losses, if any, shall be for the account of the client who shall have no right of recourse against UCPB-TBG, unless attributable to UCPB-TBG’s act of gross negligence, willful default, or evident bad faith. Prior to investing in any of the UITFs, a client suitability assessment shall be conducted by a certified UITF marketing personnel. It is likewise advised that the client reviews the Plan Rules/Declaration of Trust prior to investment. The Plan Rules/Declaration of Trust is available upon request from UCPB-TBG or any UCPB branch.