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BDO UITF – Banco De Oro Mutual Fund (Fixed Income Fund) Philippines

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Looking for a good Mutual Fund program? You can try Banco de Oro UITF or BDO Unit Investment Trust Fund. About three months ago I purchased some units from BDO UITF Fixed Income Fund in SM Fairview Annex branch. The minimum amount is P10,000 but you can opt to purchase higher amounts if you have the money.

What is Mutual Fund and UITF?

The BDO UITF is a form of Mutual Fund offered by Banco De Oro Universal Bank. In a simple way, let me provide you some information about what Mutual Fund is. When you apply for a Mutual Fund in any banks, you are actually lending some money to the bank to invest in different programs. This way, you can simply earn profits without the hassle of investing them  yourself especially to stocks and shares. The bank will do that for you. But since the term “mutual” means you will share common experiences, both profit and losses will be shared to you in case the market goes down. But do not worry, investing in a mutual fund involves very little risk based on my analysis. There may be times when your money’s worth is far lesser than your initial investment but as time goes, the approach of your funds will increase therefore giving you profits in the long run. That is why when you sign up for the BDO UITF specifically to UITF Fixed Income Fund, you will see a recommendation of holding period of about 3 years. This is the optimum time frame for you to earn significance amounts of profit. Of course you can withdraw your funds anytime but take note that BDO universal bank will charge an equivalent amount if you will do this within 30 days.

Applying for a BDO UITF Fixed Income Fund is easy just like applying for a BDO Shop More Credit Card. You simply present your identification documents, ID and some other files. Then you can immediately submit your initial capital of P10000. A certificate will be provided to you after about 3-5 banking days. This certificate indicates the number of units you have actually purchased. To check how much your investment’s worth, simply multiply that unit to the daily NAVPU unit in the BDO website. Look for the program you have applied for. In my case I purchased units under the BDO Fixed-Income Fund. When I purchased my units, the worth of my P10000 was 7.3668. If you will take a look at the the BDO NAVPU site, the current rate of BDO Fixed-Income Fund is 1,389.5349. Multiplying 7.3668 to 1,389.5349 = P10236.43. So my initial deposit of P10000 earned P236.43 in about 3 months. I don’t think you will earn the same from a regular savings or deposit account. If you want to know more about the BDO UITF Mutual Fund, you may send a comment here. Apply for a BDO UITF Fixed Income Fund today.

What is Mutual Fund and UITF?

The BDO UITF is a form of Mutual Fund offered by Banco De Oro Universal Bank. In a simple way, let me provide you some information about what Mutual Fund is. When you apply for a Mutual Fund in any banks, you are actually lending some money to the bank to invest in different programs. This way, you can simply earn profits without the hassle of investing them  yourself especially to stocks and shares. The bank will do that for you. But since the term “mutual” means you will share common experiences, both profit and losses will be shared to you in case the market goes down. But do not worry, investing in a mutual fund involves very little risk based on my analysis. There may be times when your money’s worth is far lesser than your initial investment but as time goes, the approach of your funds will increase therefore giving you profits in the long run. That is why when you sign up for the BDO UITF specifically to UITF Fixed Income Fund, you will see a recommendation of holding period of about 3 years. This is the optimum time frame for you to earn significance amounts of profit. Of course you can withdraw your funds anytime but take note that BDO universal bank will charge an equivalent amount if you will do this within 30 days.

Applying for a BDO UITF Fixed Income Fund is easy just like applying for a BDO Shop More Credit Card. You simply present your identification documents, ID and some other files. Then you can immediately submit your initial capital of P10000. A certificate will be provided to you after about 3-5 banking days. This certificate indicates the number of units you have actually purchased. To check how much your investment’s worth, simply multiply that unit to the daily NAVPU unit in the BDO website. Look for the program you have applied for. In my case I purchased units under the BDO Fixed-Income Fund. When I purchased my units, the worth of my P10000 was 7.3668. If you will take a look at the the BDO NAVPU site, the current rate of BDO Fixed-Income Fund is 1,389.5349. Multiplying 7.3668 to 1,389.5349 = P10236.43. So my initial deposit of P10000 earned P236.43 in about 3 months. I don’t think you will earn the same from a regular savings or deposit account. If you want to know more about the BDO UITF Mutual Fund, you may send a comment here. Apply for a BDO UITF Fixed Income Fund today.

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November 6, 2009
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5 Comments »

  1. I still have some of my investments in Metro Equity Fund and BPI Equity Fund. Both of which are UITF products.

    Thanks for dropping by my site.
    .-= [Rian]´s last [article] ..[post] =-.

    Comment by Millionaire Acts — November 8, 2009 @ 8:01 am

  2. Is Metro Equity a subsidiary of the Metrobank?

    Comment by riantalk — November 8, 2009 @ 8:03 am

  3. im not sure how these mutual fund goes but i have heard some things about these on some financial advisors and from the book of robert kiyosaki, its worth to try… thanks for this info…
    .-= [Rian]´s last [article] ..[post] =-.

    Comment by sernan — November 8, 2009 @ 11:19 pm

  4. You are welcome sernan, actually it is like a time deposit only that the profits are higher AND with risks. Time deposits have fixed profit rates and almost zero risk unless the bank itself becomes bankrupt. anyway the insurance will cover for it. Mutual funds are uninsured.

    Comment by riantalk — November 9, 2009 @ 12:46 am

  5. maybe try ask Francisco Colayco aka TUPAC hes the expert in this field That Man With a White Hair

    Comment by noel — August 2, 2010 @ 3:44 pm

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