Which of this two are good for investment Mutual Fund or UITF?
okay ba mag invest sa UITF ng BDO?
Guita of Colayco Foundation
BDO is a legal and reputable company. However if you are asking how they compare to other UITFS and MUTUAL FUNDS you can make a comparison for yourself here: www.uitf.com.ph & www.pifa.com.ph
They are both good instruments which function very similar to one another.
MFs are shares of ownership of a fund (incorporated company).
- you are a share-holder, have voting rights
- MF performance is published daily
UITF are shares of participation in a fund owned by a bank.
- you are a client of the bank and are issued a certificate of participation
- UITF performance is announced at the discretion of the bank
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