PNB’s UITF among best performing

MANILA, Philippines - The PNB High Dividend Fund was among the top three best-performing equity fund in the industry. It is a unit investment trust fund (UITF) offered by the Philippine National Bank (PNB). For the first three quarters of 2014, the fund registered an impressive year-to-date return on investment (YTD-ROI) of 26.55 percent. The fund offers its investors higher earnings potential as it has access to two sources of income: dividends and price appreciation. It also invests in strong, established and stable companies, which are typically the companies that are highly-liquid and have high, regular dividend payouts. The PNB High Dividend Fund is available for a minimum initial participation of only P10,000. In addition, the fund is a hassle-free investment for individuals who are too busy and don’t have ample time to manage their equities portfolio. Aside from the PNB High Dividend Fund, PNB has another equity fund that aims to track the performance of the Philippine Stock Exchange Index (PSEi) – the PNB Enhanced PSEi Reference Fund (EPRF). YTD performance of the fund is 22.71 percent. PNB has a complete UITF product line to cater to various types of clients, from conservative to aggressive. All these funds including the high dividend and EPRF are accessible through the country’s first end-to-end UITF Online Facility that makes investing in UITF so easy and hassle-free.