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BDO Easy Redemption Plan – UITF Review and Requirements

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Why you should invest BDO Easy Redemption Plan? Check out this UITF review about BDO ERP. I also discussed the requirements to open this UITF account. Learn if this UITF is right for you. People liked BDO Easy Investment Plan (EIP) and many readers have requested I make a review about BDO ERP as well so here it goes.

What is BDO Easy Redemption Plan?

BDO Easy Redemption Plan (ERP) is a type of UITF (Unit Investment Trust Fund) wherein you are allowed to automatically receive regular cash pay-outs from your UITF. These cash earnings will be automatically be credited to your bank account, once linked to your Easy Redemption Plan UITF application.

The available UITF for BDO ERP as of now is BDO Peso Money Market Fund.

Sample Investment for Easy Redemption Plan UITF

Example, you have 1 million BDO Peso Money Market Fund and you want to use this trust fund to give monthly allowance for your son but you don’t want to withdraw or redeem all of your units in your UITF. You want your remaining UITF to be earning at the same time. If you want something like this, then BDO ERP is for you.

The minimum cash out for BDO Easy Redemption Plan is P1,000.

So if you have 1 million for example and you want to redeem 20,000 monthly (every 10th of the month) from your Peso Money Market Fund UITF and you want this 20,000 to be credited to your chosen savings account, you can do this by opening BDO Easy Redemption Plan.

What will happen if remaining UITF is not enough for the monthly pay out?

I know you are wondering what will happen if there is no more cash equivalent remaining in your UITF or what will happen when the remaining amount in your ERP falls below the designated pay out?

BDO will automatically unsubscribe you for the ERP. If there are any proceeds remaining on your account, the units will be redeemed and will be credited back to your assigned current or savings account.

BDO Easy Redemption Plan Requirements:

  • You must have an outstanding BDO Peso Money Market Fund
  • Your COP from your BDO Peso Money Market Fund
  • Accomplish all forms required at your BDO branch (ERP Enrollment Form, Change/Request, ERP joining Terms and Conditions)
  • Enrollment fee of P500

How to Open BDO Easy Redemption Plan?

Prepare all the necessary requirements then fill out the required forms as mentioned above. Choose where you would link your BDO ERP account (ie: BDO CA/SA account). Select your pay-out amount and the schedule of pay-out (ie: one or twice a month, 5th, 10th, 15th, 20th,25th, 30th).

bdo easy redemption plan review uitf requirements

Why should you open BDO Easy Redemption Plan:

  • You want flexible cash out from your existing UITF
  • You want automatic redemption regularly following your own schedule
  • You do not want to redeem all your units from your investment
  • You want to retain some of your units in order to earn some more

If you have questions, feel free to leave them in the comments.

How to Redeem UITF Online in PNB

By 12 Comments

Here’s the step by step guides on how to redeem UITF online using PNB. We have mentioned from some articles here than the easiest way to open UITF online is by using PNB online banking. It is also one of the easiest ways to withdraw and redeem UITF money. We can either make a full redemption or make a partial redemption.

If you have opened Unit Investment Trust Fund (UITF) few months or years ago and you think it’s about time you redeem your funds and the profit it earned, you can do this already online and the cash will be credited back to your savings account or whatever bank account you have chosen on your online banking account.

How to Redeem UITF Online in PNB?

There are 2 ways to withdraw your money from your UITF investment:

  1. Redeem all your UITF funds
  2. Make a partial redemption only

How to withdraw all your UITF in full?

Step 1:

Log in to your PNB online banking account.

Step 2:

On your dashboard, go over UITF Investments and Redeem Participation then select Make a Full/Partial Redemption.

how to redeem uitf online

Step 3:

If you are redeeming all your UITF, select FULL.

how to withdraw uitf online

Step 4:

At the next screen, you will see a Confirmation of your Redemption and the details about it and your UITF.

how to redeem uitf online using pnb

Step 5:

5. Tick the box to Continue to agree with the Waiver.

uitf online philippines

Step 6:

The Notice to Client will be your Confirmation Receipt of your redemption request.

pnb4

Step 7:

You will receive an email from PNB when your Redemption Request has been approved. It usually arrived the next day since the actual net proceeds of your UITF will be computed based on the NAVPU at the end of the day.

How to withdraw your UITF funds in partial amount?

In case you only want to redeem a part of your UITF, you can also do it online. You have the option to redeem some units or principal of your money.

All you have to do is follow the same steps like above except step 3. Instead of choosing FULL, select PARTIAL. The following screen will then appear:

partial redemption pnb

If you want to redeem amount of money, choose In Principal. If you want to redeem units, choose In No. of Units.

Follow Step 4 to 7 above to finish your redemption.

That’s it, you are done. It is very easy, fast and convenient to redeem UITF nowadays. Share this so your friends will know.

Other PNB Banking Guides:

Investing 100,000 in a Mutual Fund vs UITF vs VUL Earnings

By 191 Comments

We’re sharing here how much 100,000 pesos would earn if invested on 3 investment wheels because a reader has requested a comparison of earnings between investing in a Mutual Fund vs UITF and VUL using his 100,000.

Note that this is for comparison purpose only and it’s not a mean to know which is better between the 3 because each product has different investment substance, fund allocation, strategy and management let alone every investor has different status, risk appetite and money goal.

If you’re not yet familiar with UITF, Mutual Funds and VUL, you can get to know them better by going to this post we made: “UITF vs MF vs VUL.”

But if you’d rather go forward this topic, go on and continue reading…

100,000 Investment Earnings Comparison from Mutual Fund vs UITF vs VUL

We used one of the best, most reliable, most established, and most decent funds in this comparison. Also we used the riskiest type of funds because we’re aggressive but we’re always keeping it calm 🙂

For Mutual Fund we used Philequity Fund, for UITF we chose BDO Equity Fund and for VUL we used Sun Life Variable Life Insurance that is tied up with Equity Fund.

In this comparison, we used 100,000 pesos invested for 3 years, from January 18, 2012 to January 18, 2015 to be exact.

We have used the 3-year period because Equity Funds are suitable for this investment horizon.

Here are the yields we have gathered for each fund.

100000 invested on mutual funds vs uitf vs vul

Again this is just a comparison and it won’t guarantee future results. Each investment has different fund allocation and composition. Each may outperform the other any day. The bottom line here is all of them will give us money in the end.

If that is your revenue investing 100,000, what more if you invested 1 million or more millions? The return is awesome! It’s always the more you invest, the more you will gain. Yes, that is also why the rich becomes richer. They don’t let their money sleep on savings and time-deposits. They invest them or they use them expanding new business.

100k roi mutual fund vs uitf vs vul comparison

There are important factors you have to consider before you decide which investment wheel you will use such as your risk appetite, your financial goal and your financial status.

What is risk appetite?

For the sake of newbies here, it is how you can take risks. Investments are very risky. You may not always gain, you may also lose some. To combat risks, you have to invest for long term and diversify your money.

What is financial goal?

Simply how much do you want to earn. Do you want to become multi-millionaire? Perhaps you want to retire early? Or perhaps you want to use your money to build business.

What is financial status?

It will be answered by the following: do you rely on just regular income from your job? How much is your current networth? If you’re not employed right now, can your cash sustain your needs?

If you’re into investments now, it’s always best to diversify your money to different wheels. Make sure you don’t invest everything on one fund alone or on one account. Also make sure, it’s your 20% or 30% money and make sure you have many income generating assets that can shower you abundance in life.

What are these income generating assets I always mention? They are jobs, business and passive income. I will talk about more of them soon. Subscribe here so you won’t miss a new post. It’s free!

“It’s always better to invest some of your money than not to invest at all.”

investing 100,000 in a mutual fund vs uitf vs vul earnings

Best UITF in the Philippines in 2020

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The following are the best UITF in the Philippines in 2020. The data includes complete list of best performing UITF for equity funds, balanced funds, bond funds and money market funds.

If you have Unit Investment Trust Funds (UITFs), you must be updated with the periodic ranking of UITF to know how your investments performed in the last months, quarter, or period compared to other UITF.

What is UITF?

UITF stands for Unit Investment Trust Fund. UITFs are pooled investments of different funds, companies, corporations, invested and diversified to other investments, stocks, bonds, securities, money market and other funds managed by fund experts and fund professionals.

UITFs are regulated by the BSP (Bangko Sentral ng Pilipinas). That means, they are often provided by banks in the Philippines.

Are UITFs the same as Mutual Funds? To answer that, please read, “Mutual Funds vs UITFs – Similarities and Differences: Advantages and Disadvantages.”

best uitf philippines 2020

Why should you invest in UITF?

This question is always asked so many times on the threads so it will be great if I share the answers in this post.

If you have extra bulges of money and you want to invest them so that they can earn some cash (higher than Time Deposits) and you are aware of the risks involved, you phone your banker and ask about any investment product that could give you that, they will surely give UITF as one of the options.

UITFs, unlike Mutual Funds, are easy to open nowadays. In the recent months, PNB started the UITF Online account opening in the Trust banking empire. We can now open these investments online and enjoy paperless transactions.

As long as you have an existing bank account, you can open or enroll your UITF and redeem or withdraw your funds from it. Banks like PNB, BDO, BPI, Metrobank and Security Bank offer UITF online.

How do you choose the UITF that is right for you?

It’s simply by knowing your investment goal and your risk appetite.

best uitf in the Philippines 2020

Best UITF in the Philippines in 2020

Top performing UITF in the Philippines. Data will be updated every quarter. Data is based on YOY (in the last 12 months) ROI.

The performance of financial market is not that impressive in the last twelve months that’s why you will see some poor performances in the following data. Global market and Fed hikes contributed in the decline of investments. On the other hand, financial experts and investors are still confident about the future growth of the economy which will eventually lift up other businesses and investments in the country.

Top 15 Best UITF Equity Funds in 2020:

RankProviderUITFROI
1BPI Asset Management and Trust Corp.BPI Catholic Values Global Equity Feeder Fund18.6763%
2BPI Asset Management and Trust Corp.BPI Philippine Consumer Equity Index Fund4.7493%
3BDO Unibank, Inc.BDO ESG Equity Fund3.1267%
4AB CapitalAB Capital Equity Fund3.0122%
5BDO Unibank, Inc.BDO Institutional Equity Fund2.6927%
6BPI Asset Management and Trust Corp.BPI Philippine Equity Index Fund2.6032%
7Asia United BankEquity Investment Trust Fund2.6013%
8Metropolitan Bank and Trust CompanyMetro Philippine Equity Index Tracker Fund2.4886%
9United Coconut Planters BankUCPB Philippine Index Equity Fund2.4691%
10UnionBankUnionBank Philippine Equity Index Portfolio2.3987%
11Philippine National BankPNB Phil-Index Tracker Fund2.3644%
12BDO Unibank, Inc.BDO Equity Fund2.3074%
13Security Bank Corp.SB Philippine Equity Index Fund2.2606%
14Metropolitan Bank and Trust CompanyMetro Aspire Equity Feeder Fund2.2584%
15BPI Asset Management and Trust Corp.BPI Philippine High Dividend Equity Fund2.2412%

Top 15 Best UITF Balanced Funds in 2020:

RankProviderUITFROI
1BPI Asset Management and Trust Corp.Odyssey Diversified Capital Fund11.4430%
2BPI Asset Management and Trust Corp.Odyssey Diversified Balanced Fund8.8419%
3UnionBankUnionBank Peso Balanced Portfolio8.4022%
4BPI Asset Management and Trust Corp.BPI Bayanihan Balanced Fund7.7996%
5Security Bank Corp.SB Peso Asset Variety Fund7.2129%
6China Banking Corp.China Bank Balanced Fund6.1114%
7Metropolitan Bank and Trust CompanyMetro Balanced Fund5.2207%
8RCBCRizal Balanced Fund5.1738%
9Metropolitan Bank and Trust CompanyMetro Aspire Balanced Feeder Fund5.0253%
10Landbank of the PhilippinesLandbank Growth Fund4.8657%
11BDO Unibank, Inc.BDO Peso Balanced Fund4.8129%
12AB CapitalAB Capital Balanced Fund4.7895%
13United Coconut Planters BankUCPB Balanced Fund3.8997%
14BPI Asset Management and Trust Corp.BPI Balanced Fund1.7885%
15Philippine National BankPNB Balanced Fund1.0793%

Top 10 Best UITF Bond Funds in 2020:

RankProviderUITFROI
1UnionBankUnionBank Long Term Fixed Income Portfolio22.2309%
2UnionBankUnionBank Tax Exempt Portfolio20.7045%
3BPI Asset Management and Trust Corp.ABF Philippines Bond Index Fund18.5393%
4Security Bank Corp.SB Peso Bond Fund18.4662%
5BPI Asset Management and Trust Corp.BPI Fixed Income Portfolio Fund-of-Funds17.5371%
6China Banking Corp.China Bank Fixed Income Fund17.1097%
7BPI Asset Management and Trust Corp.Odyssey Peso Bond Fund16.6933%
8RCBCRizal Peso Bond Fund13.2098%
9ATRAM Trust Corp.ATRAM Total Return Peso Bond Fund12.2710%
10United Coconut Planters BankUCPB Peso Bond Fund11.4713%

Top 10 Best UITF Money Market Funds in 2020:

RankProviderUITF (Money Market Fund)ROI
1UnioBankUnionBank Peso Short Term Fixed Income Portfolio6.3129%
2Asia United BankPeso Money Market Fund5.8060%
3China Banking Corp.China Bank Short-term Fund5.2551%
4RCBCRizal Peso Money Market5.0315%
5BDO Unibank, Inc.BDO PERA Short Term Fund4.8166%
6BDO Unibank, Inc.BDO Short Term Fund4.4238%
7BPI Asset Management and Trust Corp.BPI Money Market Fund4.3409%
8Philippine National BankPNB Peso Fixed Income Fund4.2351%
9China Banking Corp.China Bank Money Market Fund4.2164%
10China Banking Corp.China Bank Cash Fund4.0632%

UITF, like other investments, have risks. Make sure you never put your money in one investment. It is important to diversify and to have regular income sources.

To learn more about UITFs, visit our UITF articles here.

Time is money. The earlier you invest, the more money you will make. Sharing makes blessings. The more you share this post to others, the more blessings will come your way.

Other UITF Guides:

PNB Dream Builder Money Market Fund – Review and Benefits

By 44 Comments

Are you looking for a bank product that could give you money higher than what time deposits could give you? If yes, I will introduce you to our new friend here: Money Market Funds.

Let’s face it, we can’t almost feel the interest income earned from our regular savings account. Sometimes ATM and bank transaction fees are much higher than these little interests. And if you less withholding taxes, you barely earn a thing.

That is why people turn to time deposits. But there are other bank products better than time deposits. One of them is money market fund and I’m making a review here about one of the best money market funds from the banks Trust Empire, PNB Dream Builder Money Market Fund.

pnb dream builder money market fund review benefits

What is PNB Dream Builder Money Market Fund?

Money Market Funds are suitable for conservative investors because they have the lowest risks among all types of investments. They are usually invested on short-term deposits and government securities making them suitable for short-term investment horizon.

PNB Dream Builder Money Market Fund is one of their 3 money market funds. Unlike the two, Dream Builder Fund is the most affordable fund in terms of initial investment, with only P2000 minimum requirement to open an account.

pnb dream builder money market fund
source: pnb.com.ph

In addition from the requirements above, this fund also allows minimum additional participation of P2000 which is very cool. If you make an initial placement of 5,000 for example, you can add up more funds of 5000 if you wish via PNB Auto Investment Plan (AIP) using PNB UITF Online banking facility.

I honestly don’t know if other banks allow that for their UITF unless what you opened was AIP or EIP type at the beginning of your UITF opening.

How to Know If PNB Dream Builder Money Market Fund is Suitable for You?

  • You can only take small risk
  • You want to keep your money in the bank and gain income higher than TD and SA at the same time
  • You are only investing for short-term
  • You used to like Time Deposits so much

By the way, this investment is not for OFWs and non-residents. The good news is that you can open this UITF account online via PNB online banking if you have existing PNB account.

List of Companies in the PSEI 2020

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If your investments involve in stocks, it is very important to know the list of companies in PSEI 2020 whether you’re trading in the stock market, investing in mutual funds, or you’re into exchange-traded funds. The top 30 companies listed in PSEI are listed below:

But before that, let me share a brief info about what PSEI is.

PSE Index Series:

The Philippine Stock Exchange has 3 Index Series used to measure and analyze the stock market as a whole. It includes:

  1. PSEI – composed of the top 30 companies selected by the Philippine Stock Exchange
  2. Sectors Indices – composed of 6 sectors (Financial, Industrial, Holding Firms, Property, Service, Mining & Oil)
  3. All Shares Index – complements everything and it includes all the common stocks of companies listed in the PSE.

PSEi, the 6 sectors and All Shares index are used to determine the stock market capitalization, growth and stability.

What is PSEI?

PSEI stands for Philippine Stock Exchange Index. It was also known as Philippine Stock Exchange Composite Index and referred as Phisix many years ago.

PSEI is composed of the Top 30 companies listed in the PSE carefully selected to represent and analyze the general movement and performance of the stock market in the Philippines.

In a nutshell, PSEI is the benchmark used to measure and scale the performance of the Philippine stock market together with its specific industry sectors and all shares index.

PSEI List of 30 Companies in 2020

The Philippine Stock Exchange carefully selects 30 companies for the PSEI following strict and expert criteria.

Right as of this date, in alphabetical order, they are the following:

  • Ayala Corp. (AC)
  • Aboitiz Equity Ventures, Inc. (AEV)
  • Alliance Global Group, Inc. (AGI)
  • Ayala Land, Inc. (ALI)
  • Aboitiz Power Corp. (AP)
  • BDO Unibank, Inc. (BDO)
  • Bloomberry Resorts Corp. (BLOOM)
  • Bank of the Philippine Islands (BPI)
  • DMCI Holdings, Inc. (DMC)
  • Emperador Inc. (EMP)
  • First Gen Corp. (FGEN)
  • Globe Telecom, Inc. (GLO)
  • GT Capital Holdings, Inc. (GTCAP)
  • International container Terminal Services, Inc. (ICT)
  • Jollibee Foods Corp. (JFC)
  • JG Summit Holdings, Inc. (JGS)
  • LT Group, Inc. (LTG)
  • Metropolitan Bank & Trust Company (MBT)
  • Megaworld Corp. (MEG)
  • Manila Electric Company (MER)
  • Metro Pacific Investments Corp. (MPI)
  • Puregold Price Club Inc. (PGOLD)
  • Robinsons Land Corp. (RLC)
  • Robinsons Retail Holdings, Inc. (RRHI)
  • Security Bank Corp. (SECB)
  • SM Investments Corp. (SM)
  • San Miguel Corp. (SMC)
  • SM Prime Holdings, Inc. (SMPH)
  • PLDT (TEL)
  • Universal Robina Corp. (URC)

PSE conducts semi-annual review of the PSE indices. Any company can be added or removed from the 30 according to PSE comprehensive review. The computation and management of PSEI can be seen in this page. The top 30 must comply to the PSE listing requirements.

How many from your stocks portfolio are included in the PSEI? Tell us in the comment below.

psei top 30 companies 2020

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