PERA or Personal Equity & Retirement Account was launched by the Bangko Sentral ng Pilipinas last Dec. 16, 2016 which aims to facilitate Filipinos to save for their retirement.
When choosing a UITF, investors should identify their needs and goals and match them against the investment parameters of the product. To determine the clients’ suitability to a fund, the following factors have to be considered:
- Investment capacity – the amount available for investment
- Investment horizon – how long a client can stay in the fund
- Risk profile – how much risk the client is willing to take
- Investment objective – what the investors seeks to achieve by making the investment, e.g. whether client wants income or capital growth
The investor should likewise be comfortable with the trustee of the UITF in terms of their expertise and skills in fund management.
A Unit Investment Trust Fund (UITF) is an open-ended pooled trust fund denominated in pesos or any acceptable currency, which is operated and administered by a trust entity and made available by participation. Each UITF product is governed by a Declaration of Trust (or Plan Rules) which contains the investment objectives of the UITF as well as the mechanics for investing, operating and administering the fund.
Most UITFs are considered medium to long term investments. Clients considering to invest in UITFs must have the financial resources to stay invested in them for a reasonable period of time in order to maximize earnings potentials. If the funds to be invested will be needed by the client in the immediate future, the UITFs may not be a suitable investment vehicle for such client.
Source : http://www.uitf.com.ph
Here’s the list of Top Performing Equity Fund for the month of June 2017…
Here’s the list of Top Performing Balanced Fund for the month of June 2017…
Here’s the latest stocks performance with the recommendation of “Buy” or continue buying…
Buying and Selling stocks involves certian fees once order is processed and accepted or matched. Below are the list of fees on top of the actual price of the stocks you either buy or sold.
Note that there’s a minimum of P20 charge for Broker’s commission. The Broker’s commission is calculated as:
Stock Price x 0.25% = Broker’s commission or P20 whichever is higher
Philippine Stock Exchange Trading hours are from 9:30 A.M. To 3:30 P.M., Monday thru Friday, except on legal holidays.
PSE Trading Hours/ Market Phases
Pre-opening (9:00 A.M.) – Client can enter, modify or cancel orders but no matching will occur.
Pre-open, No Cancellation (9:15 A.M.) – Part of the Pre-open Period; any modification or cancellation done by the client will be rejected by the system.
Opening (9:30 A.M.) – The period when the PSE system computes for the opening price of each security; no market activity can occur at this phase.
Continuous Trading Period (CTP) (9:30 A.M. – 12:00 N.N.) – A period where orders are posted, modified, cancelled and/or matched.
Market Recess (12:00 N.N. – 1:30 P.M.) – Client can post orders but no market activity will occur. Client can only modify/cancel all pending release orders and not orders that have been queued already.
Continuous Trading Period (CTP) (1:30 P.M.) – A period where orders are posted, modified, cancelled and/or matched.
Pre-closing (3:15 P.M.) – Client can enter, modify or cancel orders but no matching will occur.
Pre-close, No Cancellation (3:18 P.M.) – Client are allowed to enter orders but disallowed to modify or cancel orders.
Closing (3:20 P.M.) – The period when the PSE system computes for the closing price of each security; no market activity can occur at this phase.
Trading-At-Last (TAL) (3:20 P.M.) – This is also called “Run-Off period” where users can only enter orders and execute trades at the closing price.
Market Closed (3:30 P.M.) – End of Trading
Here’s the latest performance of stocks with a recommendation of “Buy” or continue buying…
Here’s the latest performance of stocks with a rating of “Buy” or continue buying…
Opening an online stock trading account is now easy. My personal choice is BDO Nomura because its zero hassle, no maintaining balance and the fastest.
Here’s the top three online trading in the Philippines and the requirements on how you can open an account: