Want to learn more about investing in the BDO UITF (Unit Investment Trust Fund)? Well, here’s your chance to do that!
The first thing you should know about the BDO UITF is that it is one of the easiest ways to explore investments in the Philippines. Potential investors do not need to evaluate market and economy trends to begin investing since it is managed by professionals and experts so all the strategies are planned out.
Next, UITF does not require huge amounts of money and you can begin investing in as little as P1,000 per month, depending on the type of UITF.
The Advantages of BDO UITF
With the BDO UITF, you get to enjoy bigger earning potentials compared with a regular savings account or a time deposit. It is also easy to open and monitor plus you have various types to choose from, depending on the risks you are willing to take.
There isn’t even any contract or obligation so you can redeem and withdraw anytime you decide.
How to Get Started
As with all other investment opportunities, investing in UITF involves certain risks and so that means you may gain or lose money. So before investing, it is recommended that you follow your risk appetite and consider your financial goals. Keep in mind, however, that the bigger the risk, the bigger the earning potential.
Using Your Online Banking Account to Invest in BDO UITF
If you already have a BDO online banking account, then you can use it for BDO UITF.
Just log in to your account, select Account Information and select My Trust Account / Invest Online. Afterwards, choose Regular UITF Subscription to make a one-time investment. If you want to invest on a monthly or periodic basis, you can choose EIP Contribution.
Select whether your account is new or add an existing one. Plus make sure that you read and understand the Online Facility Service Agreement.
Also, make sure to answer the Client Suitability Assessment and read the documentation to learn what type of investor you are.
Types of BDO UITF
Here are the types of BDO UITF for you to choose from:
For conservative investors:
- BDO Peso Money Market Fund
- BDO GS Fund
For moderately conservative investors:
- BDO Peso Bond Fund (formerly BDO Peso Fixed Income Fund)
For investors in between conservative and aggressive:
- BDO Peso Balanced Fund
For aggressive investors:
- BDO Equity Fund
- BDO Equity Index Fund
- BDO ESG Equity Fund
- BDO Sustainable Dividend Fund
- BDO Focused Equity Fund
Meanwhile, BDO UITF investment types under the EIP (Easy Investment Plan) include:
- BDO Peso Bond Fund
- BDO Peso Balanced Fund
- BDO Equity Fund