^
+ Follow UITFS Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 537478
                    [Title] => BSP allows UITF investment in repo contracts
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) has expanded the investment opportunities of fund managers of unit investment trust funds (UITFs) to include government securities-backed short-term borrowings also known as repurchase or repo agreements.

[DatePublished] => 2010-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 349220 [Title] => Time horizon critical in determining investment instrument [Summary] => One of the cornerstones of effective investing is the determination of one’s investment time horizon. It plays a key role in making the proper investment choices, whether these involve the selection of investment outlet, the type and level of risk one could withstand and tolerate, the timing of the purchase and sale of the investment, or come to think of it, whether to invest at all. In short, knowing one’s own term preference is critical almost every single aspect of investing.
[DatePublished] => 2006-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 345700 [Title] => SEC mulls control over certain UITF operations [Summary] => The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority.

UITFs are pooled trust funds in acceptable currencies operated by a trust entity regulated by the Bangko Sentral ng Pilipinas (BSP). Banks started selling UITFs last year and the sector grew to as much as P300 billion by April this year.

The possible transfer of UITF regulation to the SEC is among the items being discussed under the proposed Revised Investment Companies Act (RICA).
[DatePublished] => 2006-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 345872 [Title] => SEC mulls control over certain UITF operations [Summary] => The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority.

UITFs are pooled trust funds in acceptable currencies operated by a trust entity regulated by the Bangko Sentral ng Pilipinas (BSP). Banks started selling UITFs last year and the sector grew to as much as P300 billion by April this year.

The possible transfer of UITF regulation to the SEC is among the items being discussed under the proposed Revised Investment Companies Act (RICA).
[DatePublished] => 2006-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 343213 [Title] => BSP sets standards for UITF investors [Summary] => The Bangko Sentral ng Pilipinas (BSP) will set a minimum standard for determining the suitability of investors buying unit investment trust funds (UITFs) to ensure that they are sufficiently aware of the inherent risks of the instrument.

The BSP said that under existing rules, banks are required to impose suitability standards for UITF investors to limit investments to sophisticated investors who know the risks of investing in instruments without protected principal.
[DatePublished] => 2006-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 342679 [Title] => BSP mulls accreditation of unit trust fund sales personnel [Summary] => The Bangko Sentral ng Pilipinas (BSP) is considering the possibility of accrediting frontline personnel who sell unit investment trust funds (UITFs) as regulators seek to tighten the rules on the new instruments to prevent abuses.

BSP Governor Amando M. Tetangco Jr. said over the weekend that the existing rules and regulations provide adequate cover and full disclosure rules for UITFs but some refinements might be necessary.
[DatePublished] => 2006-06-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 342718 [Title] => What to do with uitf blues? [Summary] => For the past month, I’ve been receiving so many email letters with regard to UITFs similar to the one below. This is why I decided to devote this entire article to explain what UITFs are, why UITFs suffered redemptions as of late, and what investors should do in these times of volatility.
[DatePublished] => 2006-06-19 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 339337 [Title] => BSP to refine investment trust fund rules [Summary] => The Bangko Sentral ng Pilipinas (BSP) said it may consider refinements in its rules on unit investment trust funds (UITFs) including the possibility of licensing sales personnel that deal directly with investors.

However, the BSP was cold on the proposal to impose a mandatory holding period for UITFs, saying that existing rules already had provisions intended to discourage premature liquidation of UITFs.
[DatePublished] => 2006-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => 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] => ) [9] => Array ( [ArticleID] => 303597 [Title] => Banco de Oro trust funds up [Summary] => The trust operations of Banco de Oro Universal Bank (BdO) has not only recovered from the quality shift from common trust funds (CTF) to the unit investment trust fund (UITF).

It had in fact grown to P91.5 billion end September this year from the P88 billion at the start of the year.

"The market is hungry for investments, and they are taking to the UITF quite well," Ador A. Abrogena, BdO senior vice president said.
[DatePublished] => 2005-10-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
UITFS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 537478
                    [Title] => BSP allows UITF investment in repo contracts
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) has expanded the investment opportunities of fund managers of unit investment trust funds (UITFs) to include government securities-backed short-term borrowings also known as repurchase or repo agreements.

[DatePublished] => 2010-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 349220 [Title] => Time horizon critical in determining investment instrument [Summary] => One of the cornerstones of effective investing is the determination of one’s investment time horizon. It plays a key role in making the proper investment choices, whether these involve the selection of investment outlet, the type and level of risk one could withstand and tolerate, the timing of the purchase and sale of the investment, or come to think of it, whether to invest at all. In short, knowing one’s own term preference is critical almost every single aspect of investing.
[DatePublished] => 2006-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 345700 [Title] => SEC mulls control over certain UITF operations [Summary] => The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority.

UITFs are pooled trust funds in acceptable currencies operated by a trust entity regulated by the Bangko Sentral ng Pilipinas (BSP). Banks started selling UITFs last year and the sector grew to as much as P300 billion by April this year.

The possible transfer of UITF regulation to the SEC is among the items being discussed under the proposed Revised Investment Companies Act (RICA).
[DatePublished] => 2006-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 345872 [Title] => SEC mulls control over certain UITF operations [Summary] => The Securities and Exchange Commission (SEC) is studying whether part of the operations of unit investment trust funds (UITFs) fall under its regulatory authority.

UITFs are pooled trust funds in acceptable currencies operated by a trust entity regulated by the Bangko Sentral ng Pilipinas (BSP). Banks started selling UITFs last year and the sector grew to as much as P300 billion by April this year.

The possible transfer of UITF regulation to the SEC is among the items being discussed under the proposed Revised Investment Companies Act (RICA).
[DatePublished] => 2006-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 343213 [Title] => BSP sets standards for UITF investors [Summary] => The Bangko Sentral ng Pilipinas (BSP) will set a minimum standard for determining the suitability of investors buying unit investment trust funds (UITFs) to ensure that they are sufficiently aware of the inherent risks of the instrument.

The BSP said that under existing rules, banks are required to impose suitability standards for UITF investors to limit investments to sophisticated investors who know the risks of investing in instruments without protected principal.
[DatePublished] => 2006-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 342679 [Title] => BSP mulls accreditation of unit trust fund sales personnel [Summary] => The Bangko Sentral ng Pilipinas (BSP) is considering the possibility of accrediting frontline personnel who sell unit investment trust funds (UITFs) as regulators seek to tighten the rules on the new instruments to prevent abuses.

BSP Governor Amando M. Tetangco Jr. said over the weekend that the existing rules and regulations provide adequate cover and full disclosure rules for UITFs but some refinements might be necessary.
[DatePublished] => 2006-06-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 342718 [Title] => What to do with uitf blues? [Summary] => For the past month, I’ve been receiving so many email letters with regard to UITFs similar to the one below. This is why I decided to devote this entire article to explain what UITFs are, why UITFs suffered redemptions as of late, and what investors should do in these times of volatility.
[DatePublished] => 2006-06-19 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 339337 [Title] => BSP to refine investment trust fund rules [Summary] => The Bangko Sentral ng Pilipinas (BSP) said it may consider refinements in its rules on unit investment trust funds (UITFs) including the possibility of licensing sales personnel that deal directly with investors.

However, the BSP was cold on the proposal to impose a mandatory holding period for UITFs, saying that existing rules already had provisions intended to discourage premature liquidation of UITFs.
[DatePublished] => 2006-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => 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] => ) [9] => Array ( [ArticleID] => 303597 [Title] => Banco de Oro trust funds up [Summary] => The trust operations of Banco de Oro Universal Bank (BdO) has not only recovered from the quality shift from common trust funds (CTF) to the unit investment trust fund (UITF).

It had in fact grown to P91.5 billion end September this year from the P88 billion at the start of the year.

"The market is hungry for investments, and they are taking to the UITF quite well," Ador A. Abrogena, BdO senior vice president said.
[DatePublished] => 2005-10-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
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