Personal Development, Finance and Investing For Filipinos
An investment in knowledge always pays the best interest. Financial Education is your best investment.
Saving is good, but investing is even better. And you can do it for as low as Php 1,000.00 a month, with BDO Easy Investment Plan (EIP).
BDO Trust and Investments Group developed the BDO Easy Investment Plan (EIP), an investment scheme that enables you to attain your financial goals and financial wellness through the twin habits of regularly saving and investing.
What Is BDO Easy Investment Plan (EIP)?
The BDO Easy Investment Plan (EIP) is a save and invest plan that will help you to attain your financial goals by investing in select BDO Unit Investment Trust Funds (UITFs).
How Does It Work? How To Enroll?
Here's the good news, you can now sign up using your BDO Online Banking Account.Yes, online! No more hassle! No more falling in line in some cases! No more forms! All you need to have is BDO Online Banking Account.
Open an EIP account and simply debit your monthly investment from your BDO Savings or Checking Account.
No BDO Online Banking account? Check my blog post, How To Enroll In BDO Online Banking.
Here's how you can sign up:
1. First, login to your BDO Online Banking account.
Simply go to www.bdo.com.ph, look for the Online Banking button on the upper right corner, and follow the enrollment procedure.
2. Go to my "My Accounts" on the sidebar navigation menu, then click "My Trust Account/Invest Online".
3. Choose "Transaction" and select "EIP Contribution/Unsubscription".
4. Answer the "Investor Profile Questionnaire (IPQ)/Client Suitability Assessment (CSA)".
5. Choose the fund you wish to invest in and customize your contribution.
UITFs AVAILABLE VIA EIP:
BDO Peso Money Market Fund
BDO Short Term Fund
BDO Peso Bond Fund (formerly BDO Peso Fixed Income Fund)
BDO GS Fund
BDO Peso Balanced Fund
BDO Equity Index Fund
BDO Equity Fund (formerly EPCIB Equity Fund)
BDO ESG Equity Fund
BDO Sustainable Dividend Fund
BDO Focused Equity Fund
BDO Dollar Money Market Fund
BDO Medium Term Dollar Bond Fund (formerly EPCIB US Dollar Bond Fund)
BDO Dollar Bond Fund
6. Read and agree with the next series of disclosure statements.
7. Check your details and click "Submit".
Once enrolled in the BDO EIP, the contribution amount will regularly and automatically be debited from the nominated BDO current or savings account and will immediately be invested in the chosen UITF.
To summarize, the following are the benefits of the BDO EIP:
Automatic savings and investment
The EIP’s auto-debit facility regularly sets aside funds for immediate investment.
Benefit of Cost Averaging
Spread your cost between highs and lows of the market.
EIP is available via any BDO branch nationwide and through Invest Online.
CONGRATULATIONS, YOU ARE NOW AN INVESTOR!
In case you need clarification with any of the amendments, you can email BDO at firstname.lastname@example.org
For more updates about
Personal Development, Financial and Investment Education. Join and Subscribe to my Newsletter.
ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.