Mutual Funds vs. UITFs

Inquirer 1

Which of this two are good for investment Mutual Fund or UITF?

 

Inquirer 2

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

You can compare their returns via http://www.pifa.com.ph for MFs and http://www.uitf.com.ph for UITFs.

 

To better understand mutual funds and UITFs it would be good for you to join our upcoming Seminars:

Sept 29 (Saturday), 9am-12nn Pisobilities: Wealth Within Your Reach 

Sept 29 (Saturday) 1-5pm InvestAbility: Mutual Fund

Complete schedule can be found on http://www.colaycofoundation1.com/calendar

SMS 0917 808 8857 for more information

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