Tag page - UITFs

The Bangko Sentral ng Pilipinas (BSP) has amended the exposure limits for unit investment trust funds (UITFs), allowing funds invested in exchange-traded equities to take on larger exposure to a single entity or issuer under certain conditions. Under the BSP’s Circular No. 1234 signed by BSP...

Banks’ trust assets were up 6.20 percent as of end-third quarter 2020 to P3.048 trillion from P2.870 trillion same period in 2019 with most preferring to be liquid and opting for safer investments during the pandemic. Based on data from the Bangko Sentral ng Pilipinas (BSP), the 28 financial...

The Bangko Sentral ng Pilipinas (BSP) is allowing trust corporations to sell and distribute unit investment trust funds (UITFs) through third parties such as individual and institutional agents.  BSP Governor Benjamin E. Diokno (FILE Bloomberg) BSP Governor Benjamin E. Diokno said this policy...