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UCPB.com | UCPB US$ Bond Fund (US$BF)

Unit Investment Trust Funds (UITFs)
UCPB US$ Bond Fund (US$BF)

The UCPB US$ Bond Fund (US$MMF) is a US Dollar-denominated open-ended pooled fund operated, administered, managed and trusteed by the UCPB Acting Through Its Trust Banking Group (UCPB-TBG). It is invested in US$ time deposits, government securities, global securities and Corporate Bonds and Notes.

The US$BF, 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.

Benefits:

  • Safety.  An investment with shorter tenor is deemed lower in market risk since there is generally less price volatility.
  • Higher Yielding.  This fund would likely outperform regular savings and current accounts where clients would normally keep their funds for a few days before such funds are divested or spent.
  • Affordable. Merely takes US$ 1,000.00 to access the financial expertise of UCPB.
  • Ease and Diversification. A client can tap various deposit products of other banks (accredited counterparties) without having to go through the tiresome exercise of keeping track of their investments in various banking institutions.

Features:

Minimum Amount US$ 1,000.00
Additional Participation US$ 500.00 and in multiples of US$ 100.00
Documentation US$BF Participating Trust Agreement
Plan Rules available upon request
Minimum Holding Period 30 calendar days
Redemption Parameters May redeem units on the 31st calendar day for settlement on the 34th calendar day
Taxability Tax-Paid 7.5%
Trust Fee 0.75% 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

Key Information and Investment Disclosure Statement (KIIDS)

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:

For more information, please inquire through:
UCPB Trust Banking Group
(02) 811-9541
(02) 811-9520
(02) 811-9598
trust@ucpb.com

 

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.

Quick Links

Product Name NAVPU YTD Return

As of Oct 20, 2017, 05:21:00 PM

Click here to use our UITF Yield Calculator

For more information, please contact
UCPB Trust Banking Group:
(02) 811-9520, 811-9515, or 811-9541
trust@ucpb.com

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