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Investment 101 - Unit Investment Trust Fund (UITF)

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posted June 26, 2011 01:00AM
luranski
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Now that you really want to start investing, you must learn first how to save, read my previous posts to learn more. Also, you should research and study first the investment vehicles you want to enter that would suffice you investment objectives and risk appetites.

Make sure that it is legitimate and not a scam. Do your due diligence and be cautious about investments that are too good to be true. There are lots of people became victims of frauds and scams because they are not aware of what are they entering in. Do not be lured with the high returns of scam investments.

One good option to start a legitimate investment is by investing in UITF. Same as mutual funds, Unit Investment Trust Fund is a type of investment wherein fund is pooled from individual investors and invests this fund in securities, bonds, commodities and other legal investments. Normally, you can buy UITF in all big banks in the Philippines like BDO, BPI, Metrobank, PNB and others. Read more : Investment Vehicle 101: What is UITF (Unit Investment Trust Fund)?


UITF is almost similar to mutual fund; the difference is the company managing the fund. For UITF, the fund is normally managed by banks whilemutual fund is managed by an investment company. UITF is being monitored and regulated by the Central Bank of the Philippines while mutual fund is regulated by Securities and Exchange Commission.


Before you can buy UITF, it is much recommended to have a bank account first. If you don’t have yet a bank account, you should apply first a savings account at the bank you can trust and near your place. It is easy to open an account especially if you have all the requirements and enough money for initial deposit.
Your bank account will be the source fund when you buy your UITF. It is better to enroll your bank account to online banking account so you can purchase UITF online or wherever you are. By having an Internet banking, you can buy more UITF when times you have more money and even when you are outside the country.

Investing in UITF is one way to make your money works for you. It is one of the legitimate investments available in the Philippines and much recommended for people with full time employment or for those people working abroad.
To know more about UITF, here are my previous posts. Happy investing!

 


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posted June 26, 2011 01:05AM
momentcatcher
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saang bank po ba may pinakamaliit na minimum investment? thanks!
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posted June 26, 2011 11:38AM
luranski
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I think it is BDO, 10,000 initial then 1,000 minimum additional. happy investing. =)


Message appended on July 6, 2011 12:27AM

 


BPI Unit Trust Investment Fund (UITF)

I deposited some funds on my BPI UITF yesterday and took one leaflet to share it to you guys especially for those who have yet to invest in UITF. Before investing, you need to answer few questions to assess your investment objectives and also your risk appetite which are very important in investing... Below is the said leaflet showing you the different types of BPI UITF... You can start investing as low as P10,000... Be noted also that each fund will be dependent on your investment objective and risk appetite or your profile as an investor.


Read more…..

http://www.investorluranski.com/2011/07/bpi-unit-trust-investment-fund-uitf.html




Message appended on July 20, 2011 09:34PM

Top Mutual Funds in the Philippines – 2nd Quarter 2011

Read more…

http://www.investorluranski.com/2011/07/top-mutual-funds-in-philippines-2nd.html

 

 

Equity Fund Rankings (MFs and UITFs) as of December 31, 2010

Read more…

http://www.investorluranski.com/2011/05/equity-fund-ranking-mfs-and-uitfs-as-of.html

 

What is a Mutual Fund?

Read more…

http://www.investorluranski.com/2011/04/what-is-mutual-fund.html


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posted August 20, 2011 02:55PM
mediacon
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Thank you for this wonderful article. I love everything that you shared to us about investment and stocks.
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posted August 20, 2011 03:11PM
luranski
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mediacon posted on August 20, 2011 02:55PM
Thank you for this wonderful article. I love everything that you shared to us about investment and stocks.


Im just paying it forward to the people... =) Share it dba?

Thanks!

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posted September 3, 2011 08:27AM
mediacon
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Can you give us more about the basics of investing..I mean not all people are knowledgeable about this thing, even me I am not that familiar but I want to know, so I can weigh things on where to put my money...Your reply on this matter will be highly appreciated.
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posted September 3, 2011 10:14AM
luranski
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mediacon posted on September 3, 2011 08:27AM
Can you give us more about the basics of investing..I mean not all people are knowledgeable about this thing, even me I am not that familiar but I want to know, so I can weigh things on where to put my money...Your reply on this matter will be highly appreciated.


I have a website sir if you want to read more about investing... http://www.investorluranski.com/

Or you can email me at luranski@yahoo.com if you have specific questions... =)

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posted September 16, 2011 10:20AM
mediacon
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I have seen the site and wow...can't believe there are really numerous opportunities out there...my husband and I are talking about it..
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