Originally Posted by
Millionaire Acts
As for me, I prefer UITFs than mutual funds. Although it's less transparent where they invest because they usually just have the monthly performance of their funds, they usually have higher yields than mutual funds.
In addition, UITFs are more accessible. Just compare branches of banks as to the branches of mutual fund companies. Personally, I like BPI most especially their Odyssey Funds. BPI is the only bank so far that enables you to invest in UITF online by just a click of a mouse. Once you set up a settlement agreement with your UITF, then you can off to invest online through BPI Express Online.
Check my article on
BPI Odyssey Funds UITF
IMG is a partner broker for FAMI and PEMI.
We can setup the accounts at no additional fees. We have offices in most major cities, but if wala then UITF might be a good option if BPI or BDO is nearby.