I must say that these are the pride products of BPI. Philippine Dollar Bond Index Fund tracks the JP Morgan Asia Credit Index as its benchmark while Philippine Stock Index Fund tracks the Philippine Stock Exchange Composite Index (PSEi) as its benchmark. These are the Philippine Dollar Bond Index Fund, a dollar-denominated bond fund UITF product and Philippine Stock Index Fund, a peso-denominated equity mutual fund.īoth of these funds have been performing really really well. In terms of performance, hats off to BPI for their Index Funds. What’s interesting is, the difference between their OFFER and BID NAVPUs is huge and Union Bank is earning a lot from the spread cost! Higher ‘Offer NAVPU’ means less units to be bought while lower ‘BID NAVPU’ also means lesser gains for the investor. They have high OFFER NAVPU and lower BID NAVPU. When you redeem your units, the ‘bid’ NAVPU will be used. Based on my research, when you invest in the fund, the ‘offer’ NAVPU will be used. When you checked their website, they have “bid”, “offer” and “mid/last” price. In addition, their NAVPU computation is very tricky. Based on research, they have “sales load” similar to mutual funds. However, don’t get too much excited on Union Bank Large Cap Philippine Equity Fund. The best performing fund is Union Bank Large Cap Philippine Equity UITF with a nice yield of 39.9%! All of them are equity funds except BDO Peso Balanced Fund, Metro Balanced Fund, and China Bank Balanced Fund. BPI Philippine Stock Index Fund has the best return with 26.72% and to top it off, it has NO sales load as compared to other mutual funds!īelow are the top 10 best performing UITF product as of NovemYTD. All of them are equity funds except GSIS Mutual Fund and Philam Fund which are both balanced funds. That’s an additional cost and a decreased return on the part of the investor.īelow is the top 10 best performing peso-denominated mutual funds as of NovemYTD. In addition, mutual funds have a sales load fee of 2% which is deductible upfront upon investment to the fund. When viewing the performance below, take note that past performance is not an indicative of future performance. Who has the best performing UITF and mutual fund? Performance Let’s take a closer look on both UITFs and mutual funds offered by different banks and investment companies. This is because these funds give you access to investments managed by financial experts with just a minimum capital requirements.Īlthough these two funds have both similarities and differences, investing in them gives an investor a potential high yield given enough time. UITFs and Mutual Funds have been one of the best ways to invest your money nowadays.
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