I was recently attracted by the buzz of participating and investing into the UITF or Unit Investment Trust Fund. This started months ago when I have learned of the idea and known that there are a lot of banks are offering their UITF products which you can choose from depending on your initial amount to invest, but I did not know yet which one will produce the highest gains. My sister initially mentioned she started investing early last year to that of BPI’s equity fund to start her extra money working and gaining income.

For a definition, 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. There are however levels of risk on how these funds operate. I have found a reference website to explain in detail the whole idea.

Anyhow, with a few months of reading from the FB group Unit Investment Trust Fund Philippines, I have finally decided to start my own investment just this first week of January. New year, new goals right?

I have chosen BPI, similar to that of my sister, to put on my money to good use and gain income. The fund is the BPI Philippine Consumer Equity Index Fund as it is one of the top performers since the recent weeks. This equity fund is considered a high-risk level.

I am crossing my fingers again for positive results in the coming weeks and hoping the PSEi will still continue to go up as based on the predictions. Wish me luck.