Best UITF bank so far from among the the top three-publicly listed banks is BPI. As of January 29, 2021, BPI is leading in all three UITF (Unit Investment Trust Fund) classes that best2invest.net monitors: peso money market fund, peso bond fund, and Philippine equity index fund. On the money market front, BPI Asset Management
You can start investing. You can place it, among other options, in a better-yielding bond Unit Investment Trust Fund (UITF) or in higher-yielding but riskier shares of stocks (stock market). For information on savings deposit rates and time deposit rates, please select Interest Rates under the Banking sub-menu on the top MENU or click here.
A combination of a relatively high inflation rate and low interest rate discourages keeping money in ordinary savings account. While there had been times in the past that keeping growth or rainy-day money in the bank was a viable option, doing so now reduces the value of the fund. This year the Philippine inflation rate
The BDO Peso Bond Fund UITF (unit investment trust fund) posted a year-to-date return on investment (ROI) of over 6.3% as of December 28, 2020. The performance was undoubtedly much better than Sun Life’s 4.1% and the PSEi (Philippine Stock Exchange Index) return of -8.6%. Again, past performance does not guarantee future performance. With interest