+ Follow CTFS Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 305835
[Title] => UITFs balloon to P59B
[Summary] => The total volume of the unit investment trust fund (UITF) reached P58.99 billion end September this year.
That is a 123-percent jump from the P26.38 billion after six months into 2005.
Of the total UITF volume, P25.9 billion are US dollar denominated funds, an almost 58 percent jump from the P16.4 billion in end June.
Peso-denominated funds grew by 233 percent, from P9.9 billion last June to P33-billion after nine months into 2005.
[DatePublished] => 2005-11-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 264581
[Title] => BSP orders termination in 1 yr of common trust funds
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has given common trust fund (CTF) investors one year to terminate their investments and convert them into the new unit investment trust funds (UITFs).
The BSP’s Monetary Board approved the phase-out of CTFs within a year in favor of UITFs which bank regulators consider safer than controversial CTFs.
BSP Deputy Governor Alberto V. Reyes said over the weekend that banks will stop issuing new CTFs in six months and the exit mechanism will be available for a year to allow investors to convert.
[DatePublished] => 2004-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 263152
[Title] => BSP okays investment trust funds
[Summary] => Bangko Sentral ng Pilipinas (BSP) has allowed trust entities to create so-called unit investment trust funds (UITF), an improved version of the common trust funds (CTF) specializing in pooling investment funds.
The BSP’s Monetary Board approved the rules and regulations allowing UITF to be created by authorized trust entities as an alternative scheme that would ultimately replace CTFs.
The UITF can be compared to a mutual fund that pools the investments of small investors into a larger fund under the professional management of the trust entity.
[DatePublished] => 2004-08-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
CTFS
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 305835
[Title] => UITFs balloon to P59B
[Summary] => The total volume of the unit investment trust fund (UITF) reached P58.99 billion end September this year.
That is a 123-percent jump from the P26.38 billion after six months into 2005.
Of the total UITF volume, P25.9 billion are US dollar denominated funds, an almost 58 percent jump from the P16.4 billion in end June.
Peso-denominated funds grew by 233 percent, from P9.9 billion last June to P33-billion after nine months into 2005.
[DatePublished] => 2005-11-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 264581
[Title] => BSP orders termination in 1 yr of common trust funds
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has given common trust fund (CTF) investors one year to terminate their investments and convert them into the new unit investment trust funds (UITFs).
The BSP’s Monetary Board approved the phase-out of CTFs within a year in favor of UITFs which bank regulators consider safer than controversial CTFs.
BSP Deputy Governor Alberto V. Reyes said over the weekend that banks will stop issuing new CTFs in six months and the exit mechanism will be available for a year to allow investors to convert.
[DatePublished] => 2004-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 263152
[Title] => BSP okays investment trust funds
[Summary] => Bangko Sentral ng Pilipinas (BSP) has allowed trust entities to create so-called unit investment trust funds (UITF), an improved version of the common trust funds (CTF) specializing in pooling investment funds.
The BSP’s Monetary Board approved the rules and regulations allowing UITF to be created by authorized trust entities as an alternative scheme that would ultimately replace CTFs.
The UITF can be compared to a mutual fund that pools the investments of small investors into a larger fund under the professional management of the trust entity.
[DatePublished] => 2004-08-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
