Unit Investment Trust Funds (UITFs)
UCPB High Dividend Fund (UHDF)
The UCPB High Dividend Fund (UHDF) is a Peso-denominated open-ended pooled fund operated, administered, managed and trusteed by the UCPB Acting Through Its Trust Banking Group (UCPB-TBG). It is invested primarily in equities with a portion allocated to dividend-paying common and preferred shares.
The UHDF, a unit investment trust fund, is made available in units of participation where investors (unit holders) have a pro-rata interest in the entire fund. Each unit holder shall have uniform rights and privileges as any other unit holder.
- Enjoy expert fund management to help you meet your investment objectives
- Choose from a variety of funds based on your needs and risk profile
- Open an investment fund for as low as PhP 1,000.00
- Own a diversified portfolio instantly
|Minimum Amount||PhP 1,000.00|
|Additional Participation||Additional Investment should be in increments of PhP 1,000.00|
|Documentation||UHDF Participating Trust Agreement
Plan Rules available upon request
|Parties Involved||Client – Participant or Unit Holder
UCPB-TBG – Trustee
|Min. Holding Period||30 calendar days|
|Redemption Parameters||May redeem units on the 31st calendar day for settlement on the 34th calendar day|
|Trust Fee||1.5% 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.