Equity UITFs performed particularly strong last year, with two funds easily surpassing the 63% return of the Philippine Stock Exchange index (PSEi). AB Capital’s Equity Fund and Unionbank of the Philippines‘ Large Capitalization Equity Portfolio earned a full-year return of 90.10% and 85.27%, respectively — which means if you placed an investment in either fund at the start of the year, your money would have almost doubled by the end of 2009.
Below is a summary of the full-year return of each UITF.
PESO - PERFORMANCE OF UNIT INVESTMENT
TRUST FUNDS (UITF) IN THE PHILIPPINES
For the Year Ended 2009
The Dollar-denominated Unit Investment Trust Funds or UITFs also performed well in 2009, just like their Peso UITF counterparts.
In addition, most of the funds reversed and surpassed the 2.45% depreciation of the US Dollar versus the Peso last year, which could have reduced the value of the dollar investment.
Below is a summary of the full-year return of each dollar-denominated UITF.
DOLLAR - PERFORMANCE OF UNIT INVESTMENT
TRUST FUNDS (UITF) IN THE PHILIPPINES
For the Year Ended 2009
The performance of each individual UITF can also be viewed at the Trust Officers Association of the Philippines (TOAP) site http://www.uitf.com.ph.
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