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PExer99

UITF | Mutual Fund - Banco De Oro

Good day, everyone.

I need advice regarding where to invest, specifically what BDO unit to buy.

I am 19 years old. I already finished BSN. And I have Php 15, 000 available for investment.

I know that UTIFs are not insured by PDIC. I know that risk is involved.

What I want to know is which BDO UTIF should I get? The Balanced Fund or the Fixed Income Fund?

I'm planning on investing to earn money. My ideal scenario would be withdrawing my gains monthly so that I can place them in my savings account for future use. Any piece of advice? Sorry for the inconvenience. Thank you and God bless.
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Comments

  • Has anyone invested on this ?

    What fund gives the best returns BDO Fixed Income Fund, BDO Peso Balanced Fund or the BDO Equity Fund ?





    http://www.bdo.com.ph/Personal/Promos/EIP.asp



    The BDO Easy Investment Plan (EIP)

    The BDO Easy Investment Plan is a “saving and investment” program whose objective is for an individual investor to attain his financial goals through the twin habits of regularly saving and investing. Under this arrangement, an investor enrolls his savings,checking or payroll account in a BDO automatic debit facility wherein a fixed amount/s (with a minimum of Php1,000.00) per month is/are deducted for the purpose of immediately investing in selected BDO UITFs. Every time the market value of his UITF investments reaches the minimum amount of Php 10,000.00 investment required for the selected UITFs, he is issued a Confirmation of Participation (COP) which converts his EIP contributions into regular UITF investments. As long as he is enrolled in the program, the process of saving, investing and issuance of COP continues automatically on the selected contribution dates.



    For an enrollee in the program, the EIP has become a facility to help him to regularly set aside funds for investment to meet multi-purpose needs in the future, such as funding a wedding, children’s education, construction of a home or retirement, etc. It also gives him an affordable access to the services of the BDO professional investment managers who keep constant watch over the BDO UITFs.



    The EIP espouses the investment precept that the sooner an individual investor begins investing, the more time his money can grow. Investing even in small amounts when done on a regular basis and early on, can produce considerable rewards over the long term. Through the EIP, he can experience the power of “compound interest” which refers to interest earned on principal plus interest that was earned earlier.



    Another advantage of the EIP is that it enables an individual investor to ride out market movements through “cost averaging.” Investing fixed amounts of contributions at regular intervals over a long period of time will build his portfolio one step at a time, regardless of market conditions, effectively averaging costs over time. In short, through the EIP, he will be able to invest without worrying about monitoring market movements and timing his investments. This strategy also mitigates the risks associated with investing lump sums at a wrong time and bearing the consequence of the market losing value shortly after making the investment.



    Currently, selected BDO UITFs, particularly those which are best for investors with a longer term investment horizon, are available for the EIP.



    Here’s how to join the EIP, in just three easy steps:



    1. Fill out the EIP Application Form and enroll your BDO Savings/Checking/Payroll Account in the EIP at any BDO branch.



    2. Decide on the following details of your contribution:



    • Amount: Minimum of Php1,000.00 per contribution



    • Frequency and schedule: Once a month (5th, 10th, 15th, 20th, 25th or the 30th)
    or Twice a month (every 5th & 20th, 10th and 25th, or 15th & 30th)



    3. Choose what type of UITF is best for you: BDO Fixed Income Fund, BDO Peso Balanced Fund or the BDO Equity Fund



    Rush to your nearest BDO branch today!



    For inquiries, please call Trust and Investments Group at 840-7000 locals 4265, 4244, 4255 and 7032 or send an e-mail to [email protected].
  • metropolitanmetropolitan the truth hurts, does it? PEx Influencer ⭐⭐⭐
    Has anyone invested on this ?

    What fund gives the best returns BDO Fixed Income Fund, BDO Peso Balanced Fund or the BDO Equity Fund ?

    The better question is how risk tolerant are you.

    Performance of investment products such as UITFs are not predictable or are not guaranteed and you may lose your principal investment.

    I suggest you know more about your risk tolerance and then decide what investment fund to put your money into.
  • ^ this is the same with CITISEC diba?
  • The better question is how risk tolerant are you.

    Performance of investment products such as UITFs are not predictable or are not guaranteed and you may lose your principal investment.

    I suggest you know more about your risk tolerance and then decide what investment fund to put your money into.

    i'm a risk taker :) besides... i plan to invest here for the long run
  • mxherr5mxherr5 Member PEx Rookie ⭐
    @supremecheese,

    yes its like COL's EIP... it takes
    advantage of the concept of cost averaging

    Investing small amounts periodically

    @charles,

    theoretically, the equity fund will have
    the biggest returns, followed by the balanced
    fund then the fixed income fund..

    theoretically yun... in real life, baka sobrang
    laki ng bagsak ng equity fund na baka mas ok
    pa kung sa fixed income fund ka ng invest hehe


    I had availed of this and am investing in
    the equity fund since last month and so
    far so bad hahaha

    Down around 4% as of Friday

    but I'm in this for the long haul, so I should
    be happy that the NAV is going down =D
  • mxherr5 wrote: »
    @supremecheese,

    yes its like COL's EIP... it takes
    advantage of the concept of cost averaging

    Investing small amounts periodically

    @charles,

    theoretically, the equity fund will have
    the biggest returns, followed by the balanced
    fund then the fixed income fund..

    theoretically yun... in real life, baka sobrang
    laki ng bagsak ng equity fund na baka mas ok
    pa kung sa fixed income fund ka ng invest hehe


    I had availed of this and am investing in
    the equity fund since last month and so
    far so bad hahaha

    Down around 4% as of Friday

    but I'm in this for the long haul, so I should
    be happy that the NAV is going down =D


    Ah okay... I think I'll get the equity fund as well ... samantalahin mababa pa ang stocks :bonkself: how low can it get with the Egypt factor :glee:

    by the way mxherr5, for example , I have extra money I want to invest, can I invest it in the same fund where my BDO EIP is ?
  • metropolitanmetropolitan the truth hurts, does it? PEx Influencer ⭐⭐⭐
    i'm a risk taker :) besides... i plan to invest here for the long run

    how long is long? five years? ten years? two decades?

    if you're really willing to risk your principal why not go into forex or commodities trading through channels such as Interactive Brokers.

    you would also need to consider how "expensive" these UITFs are. try to compare its trust/management fee against its peers.
  • evrayco0930evrayco0930 Member PExer
    Sino sa inyo ang may ganitong investment? What is your advise?

    To Mod: Pag duplicate po paki delete na lang.

    Thanks,
  • how long is long? five years? ten years? two decades?

    if you're really willing to risk your principal why not go into forex or commodities trading through channels such as Interactive Brokers.

    you would also need to consider how "expensive" these UITFs are. try to compare its trust/management fee against its peers.

    I do plan around 2 decades. Pang retirement.

    May nakausap na ako sa BDO, wala naman fees na involved.

    Di pa ako familiar sa forex at commodities trading.
  • mxherr5mxherr5 Member PEx Rookie ⭐
    ^

    There are fees but they are already
    baked into the NAVPU =)
  • treborhontreborhon Member PExer
    Meron din ako nito Peso Balanced Fund at Equity Fund. So far so bad din heheh. Pero pang retirement ko rin to, I plan to invest for 25 years.
  • mxherr5 wrote: »
    ^

    There are fees but they are already
    baked into the NAVPU =)

    Thanks for the info. I'll get the 2k monthly deduction next week :bop:
  • louiegilouiegi Member PExer
    i also had invested on BDO Equity. so far lugi din. if you are interested, much better invest right now kasi mura ang per unit. mas mura mas maraming units. your gains are based on units not on the principal amount. I bought mine at P241/unit.

    Mas okay ang BDO kasi mas mababa ang kanilang principal amount compared to other banks, P10k lang sa iba P25k pataas.

    to see the historical behavior of your investment, tingnan mo lang sa www.monitormyfunds.com, although hindi naman basehan ang history sa future behavior ng funds mo. =)
  • DadishiDadishi Member PExer
    Magsisimula na kaya tumaas ang BDO anytime soon or will it continue to go downwards?
  • Newbie_101Newbie_101 A Pretty Good Sort 🐯 Tiger Squad🥈
    Grabe I was about to create a thread for this today, I saw this at BDO today and I hope someone could help us out here :D
  • RandomNameRandomName Member PExer
    ^ What UTIF are you planning to buy? Are we of the same age? :) I hope someone does help us...
  • john_projohn_pro Member PExer
    RandomName wrote: »
    Good day, everyone. :)

    I need advice regarding where to invest, specifically what BDO unit to buy.

    I am 19 years old. I already finished BSN. And I have Php 15, 000 available for investment.

    I know that UTIFs are not insured by PDIC. I know that risk is involved.

    What I want to know is which BDO UTIF should I get? The Balanced Fund or the Fixed Income Fund?

    I'm planning on investing to earn money. My ideal scenario would be withdrawing my gains monthly so that I can place them in my savings account for future use. Any piece of advice? Sorry for the inconvenience. Thank you and God bless.

    I think you need to go to any BDO Branch for that inquiry, because they have to assess your investment suitability for them to give an advice which UITF suits you. UITFs are divided in terms of client's suitability, and these are conservative, moderately aggressive, or aggressive investors. It is very important to go there and be assessed, since you know that the UITFs are not guaranteed by PDIC.
  • RandomNameRandomName Member PExer
    ^ Thank you for that advice. I was actually planning to do so come Monday. Do they have an age requirement? I looked at their compatibility forms online and there was no specific age requirement but I want to be sure.
  • Newbie_101Newbie_101 A Pretty Good Sort 🐯 Tiger Squad🥈
    ^ I doubt if there is any age limit, one cannot be too young to be an investor, I'm planning na rin to talk to my Branch to get a better view on things
  • RandomNameRandomName Member PExer
    ^ I see. Thank you. :)

    Does anyone know of any UITF which satisfies my ideal scenario? Withdrawal of gains monthly so that I can place them in my savings account for future use? Thank you.

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