Unit Investment Trust FundsChina Bank Trust Group offers an array of Unit Investment Trust Funds (UITFs) to meet the varying needs and objectives of investors.
Investment Management ArrangementAn arrangement wherein funds and assets are professionally managed by the China Bank – Trust acting as Investment Manager based on a customized portfolio design that considers the client’s investment objectives, liquidity requirement, yield expectation and risk tolerance, among others. The client may choose to make all the investment decisions on his own or to allow the Investment Manager to exercise full discretion to invest his assets according to established portfolio objectives. As an agency arrangement, legal title over the assets remains under the name of the client. There are two types of investment management arrangement to choose from depending on the level of investment discretion that the client is willing to grant to China Bank – Trust :
Whatever option the client chooses, he can be assured that China Bank – Trust will be with him every step of the way, to provide guidance in making investment decisions and to help optimize the potential earnings of investible funds.
For more details, please call Trust Group - Business Development Unit at (632) 885-5878, 885-5867, 885-5862, 885-5858.
DISCLOSURE. Part of the account opening procedures for UITFs covers the discussion of the attendant risks as well as the conduct of a client suitability assessment by UITF-accredited personnel to ensure the proper matching of the product with the client's risk profile. Participation in the UITF is by way of units based on the prevailing Net Asset Value per Unit or NAVPu at the end of day of transaction date. The NAVPu is computed daily and available at China Bank branches, the Trust Group and the China Bank website (www.chinabank.ph). The NAVPu is inclusive of the applicable trust fee as well as third party custodianship and external auditor's fees. UITFs are not deposit accounts and, as such, are not covered by the Philippine Deposit Insurance Corporation (PDIC). Due to daily marking-to-market of investments, the value of the UITF may fluctuate depending on prevailing market conditions. Any income or loss that may result from the performance of the Fund shall be for the account of the participant. Historical return is for indication purposes only and is not a guarantee of future results. The list of existing and prospective investments and the financial performance of the Fund are updated on a regular basis and, together with the Declaration of Trust, are made available to participants upon request.