UnionBank launches new UITF
This just in, folks!
UnionBank of the Philippines has recently launched its newest Unit Investment Trust Fund (UITF), the UnionBank Peso Balanced Portfolio, in an effort to provide more investment choices to its clients.
The fund is professionally managed by the UnionBank Trust and Investment Services Group (UnionBank-TISG), composed of charter holders and candidates of the Chartered Financial Analyst Progrm (CFA).
What is this product?
The UnionBank Peso Balanced Portfolio is a peso denominated fund which provides investors access to a diversified set of investment instruments in both equities and fixed income markets. By maintaining a balanced approach to asset allocation, the fund can provide income and potential growth from fixed income and equity investments.
The UnionBank Peso Balanced Portfolio is a peso denominated fund which provides investors access to a diversified set of investment instruments in both equities and fixed income markets. By maintaining a balanced approach to asset allocation, the fund can provide income and potential growth from fixed income and equity investments.
How much to invest? The minimum investment requirement of the fund is P100,000 and the minimum holding period is 90 days.
Where to invest? Interested investors may open a UITF account at any UnionBank branch.
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