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UITFs are ready-made investments that allow the pooling of funds from different investors with similar investment objectives. It is approved by the Bangko Sentral ng Pilipinas (BSP).
These funds are managed by professional fund managers and are invested in various financial instruments such as money market securities, bonds, and equities which offer a higher return than traditional bank deposit products.
Currently, BDO has four (4) UITFs to offer, namely:
Money Market Funds
How To Enroll?
Here's the good news, you can now open your BDO UITF Account online. Yes, Online! No more hassle! No more falling in line in some cases! No more forms! All you need to have is a BDO Online Banking Account.
No BDO Online Banking account? Check my blog post, How To Enroll In BDO Online Banking.
1. First, log in 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. Go to "Transaction" then choose "Regular UITF Subscription" if you want to make a direct investment to any BDO UITFs. If you want to set your financial journey on autopilot, choose “EIP Contribution/ Unsubscription"
4. Answer the "Investor Profile Questionnaire (IPQ)/Client Suitability Assessment (CSA)".
5a. If you decide to make a direct investment, select the UITF you would like to invest in and read the following documents that will help you understand the UITF/s you are investing in as well as the risks involved:
After you have read each document, click on the “I Accept” button to signify your agreement and choose your deposit account where funds will be drawn to make your investment.
5b. For EIP participants, input the following in your contribution details.
6. Do not forget to check the details before you click "Submit".
CONGRATULATIONS, YOU ARE NOW AN INVESTOR!
In case you need clarification with any of the amendments, you can email BDO at email@example.com
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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.