Unit Investment Trust Funds (UITFs)
UCPB Peso Bond (UPBF)
The UCPB Peso Bond Fund (UPBF) 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 a bond trust fund which is invested in deposits, securities issued by or guaranteed by the Philippine government or the Bangko Sentral ng Pilipinas and securities issued by corporations which are listed in an organized exchange.
The UPBF, 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.
- Higher Yielding. The UPBF has potential returns higher than traditional deposit products.
- Affordable Diversification. A client is able to invest in a variety of fixed income instruments for just a minimum of PhP 1,000.00.
- Potential to Increase Earnings. Aside from earning interest from the accrual of underlying investments, as mark-to-market prices 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 1,000.00|
|Additional Participation||Additional Investment should be in increments of PhP 1,000.00|
|Documentation||UPBF 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 32nd calendar day|
|Trust Fee||1.00% 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.