Personal Development, Finance and Investing For Filipinos
An investment in knowledge always pays the best interest. Financial Education is your best investment.
Save to invest, don't save to save. The only reason to save money is to invest it.
For as low as Php 5,000, you can start investing with LANDBANK’s Unit Investment Trust Fund or UITF.
The Unit Investment Trust Fund (UITF) is an open-ended pooled trust fund that is invested collectively in a diversified portfolio approved by the Bangko Sentral ng Pilipinas (BSP). It is an affordable and one of the best vehicles to participate in the financial markets. UITF offers a simple, more convenient, and less time-consuming method of investing in a diversified portfolio.
Currently, LandBank has six (6) UITFs to offer, namely:
LandBank Auto-Invest Program: Invest with Ease!
A program offered by Land Bank that allows UITF clients to automatically contribute to their existing UITF account by authorizing LandBank Trust Banking Group to debit their nominated Land Bank deposit account and purchase units on a regular basis.
For as low as Php 1,000.00 a month, you can automatically invest your money and reap the benefits of Peso Cost Averaging (PCA).
Benefits Of Enrolling With Auto-Invest Program
You don't have to visit your branch just to add to your UITF investment. Additional contributions to your UITF account shall be regularly processed depending on the frequency you have chosen.
Enjoy The Benefits Of Peso-Cost Averaging (PCA)
Peso-Cost Averaging is an investment technique or strategy where you regularly buy investments regardless of its current price. For UITFs, you can buy more units when the market is down and fewer when the market is up.
Avoid The Risk Of Wrongly Timing The Market
Your Investments are automatically and regularly placed regardless of the movements in the market. This reduces your exposure to risk compared to making a single large investments at the wrong time.
UITFs have one of the lowest minimum initial and additional contribution amounts.
How To Enroll?
b. Frequency of contribution.
(You can download your form here.)
In case you need clarification with any of the amendments, you can contact LandBank Trust Account Management Officers through:
Telephone Numbers: (02) 405-7100/(02)405-7119/(02)405-7761/(02)522-0000
Email Address: firstname.lastname@example.org
Note: UITF is not a deposit and not insured by the Philippine Deposit Insurance Corporation (PDIC). Due to the nature of investment, yields and potential yield cannot be guaranteed. Historical yields are purely for reference purposes and do not guarantee similar future results. Any income and loss arising from market fluctuations and price volatility of the securities held by the UITF, even if invested in government securities, is for the account of the trustor/investor.
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ABOUT THE BLOGGER
Hi, Ralph Gregore Masalihit here!
A Personal Finance Advocate. An I.T. by Profession. An Investor. A 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.