Trust and Investments

At UnionBank Trust and Investment Services Group, we understand that individuals may have distinct financial needs and objectives.

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UnionBank Philippine Peso Fixed Income Portfolio

Philippine Peso Bond Portfolio is a peso denominated unit investment trust fund designed to provide investors higher returns than traditional fixed-income savings products. Preservation of capital is the primary objective of the fund. Philippine Peso Bond Portfolio is ideal for investors with a medium to long-term investment horizon who seek competitive fixed-income returns and relatively low earnings volatility.

 

Launch Date: January 12, 2004
Currency of Participation: Philippine Peso
Minimum Investment: PHP100,000.00
Return Objective: The Fund is a peso-denominated fund designed to provide investors higher returns than traditional fixed-income savings products.
Risk Parameters: 1. Credit Risk - LOW

- Limited to government securities and investment-grade corporate bonds

2. Market Risk - LOW

- Modified Duration limit: 5
- Value-at-Risk limit: 3.00% in 1 day within 99% Confidence Level

Modified Duration - is the percentage price change of a fixed income instrument for a given change in the level of interest rates. Duration of 1 means that the price of a fixed income instrument is expected to change by 1% for every 100 basis point (1%) shift in the level of interest rates. The higher the duration of an instrument, the higher its risk (all other factors kept equal).

Interest rates have an inverse relationship with fixed income prices so that an increase in interest rates generally leads to a decrease in fixed income prices and vise versa.

Value-at-Risk (VaR) – is an estimate of the magnitude of loss that a portfolio can experience within a given period of time under certain probability assumptions, or confidence level. For example, a portfolio VaR of 5% within 1 day under a 99% confidence level means that there is 99% certainty that the maximum possible loss a portfolio can experience in 1 day is 5% of its value. Said in the reverse, portfolio losses greater than 5% of its value in 1 day are possible, but the probability of such occurrence is less than 1%.

VaR is often used as a risk measurement tool in portfolio management. The VaR of a portfolio varies depending on the kinds of assets put into the portfolio and their correlation to each other. Portfolios with lowly-correlated assets (i.e. diversified portfolio) tend to have a lower VaR than portfolios with highly-correlated assets. Examples of assets with a traditionally low correlation to each other are stocks and bonds – i.e. when stock prices increase, bond prices normally decrease and vise versa.

Confidence Level – is a statistical range with a specified probability that a given parameter lies within the range. It is a range constructed from sample data (i.e. past observations). A 99% confidence level gives 99% certainty that values would fall within the specified range.

Liquidity: To ensure adequate liquidity to meet daily fund withdrawals, at least 5% of investments will be in highly liquid instruments
Initial NAV per Unit: PHP 100.00
Time Horizon: Designed for investors with a medium to long-term investment horizon

- 90-day minimum holding period
- Early redemption fee of 0.25% flat on redeemed amount or PHP500, whichever is higher

Regulatory: Subject to Bangko Sentral ng Pilipinas regulations governing the creation, administration and investments of Unit Investment Trust Funds as outlined in BSP Circular 447 Series of 2004 and Section UX410 of the Manual of Regulations for Banks.
Tax: Subject to regular withholding tax of 20% on interest income
Acceptance & Withdrawal Procedure: Investments into the fund may be accepted on any banking day, at the prevailing NAV per unit. All investments and withdrawals should be processed before 12 noon. Withdrawals will be funded one (1) banking day after the date of transaction.
Trust Fee: 1% p.a. based on the total market value of the fund.

 

 

 
Account Opening Procedures
Accounts may be opened at any UnionBank branch
Only cleared funds from an UnionBank savings account are acceptable for investment
Investments and withdrawals may be made at any UnionBank branch

 

All Unit Investment Trust Funds (UITFs) are regulated by the Bangko Sentral ng Pilipinas. UITF investments are not insured with the PDIC and do not carry a guaranteed rate of return. Past performance is not necessarily a guide to future performance. Gains and losses are solely for the account of the investor. A copy of the BSP-approved UITF Plan is available for inspection by any UITF investor.

 

Historical - Unionbank Philippine Peso Fixed Income
Mar 27, 2017
DateNavPuYTDYOY
03/24/2017 250.439145 0.56% -0.67%
03/23/2017 250.551178 0.61% -0.63%
03/22/2017 250.620058 0.63% -0.77%
03/21/2017 250.587290 0.62% -0.57%
03/20/2017 250.551235 0.61% -0.80%
03/17/2017 250.343423 0.52% -0.60%
03/16/2017 250.935290 0.76% -0.52%
03/15/2017 251.288716 0.90% 0.08%
03/14/2017 251.149003 0.85% -0.21%
03/13/2017 251.061937 0.81% -0.23%
03/10/2017 251.117973 0.83% -0.23%
03/09/2017 251.019003 0.79% -0.29%
03/08/2017 251.546353 1.01% 0.07%
03/07/2017 251.329385 0.92% -0.04%
03/06/2017 251.674100 1.06% -0.28%
03/03/2017 251.439975 0.96% -0.18%
03/02/2017 251.708057 1.07% 0.09%
03/01/2017 251.877149 1.14% 0.09%
02/28/2017 251.803897 1.11% 0.02%
02/27/2017 251.696273 1.07% -0.03%
02/24/2017 251.510280 0.99% 0.42%
02/23/2017 251.355969 0.93% 0.17%
02/22/2017 251.500739 0.99% 0.28%
02/21/2017 251.446409 0.97% 0.27%
02/20/2017 251.685501 1.06% 0.36%
02/17/2017 251.884807 1.14% 0.38%
02/16/2017 251.423614 0.96% 0.17%
02/15/2017 252.037207 1.20% 0.53%
02/14/2017 251.816979 1.11% 0.30%
02/13/2017 251.132069 0.84% 0.02%
02/10/2017 251.298096 0.91% 0.46%
02/09/2017 251.871751 1.14% 0.76%
02/08/2017 251.581984 1.02% 0.30%
02/07/2017 251.901327 1.15% 0.43%
02/07/2017 251.901327 1.15% 0.43%
02/06/2017 251.745610 1.09% 0.37%
02/03/2017 251.935134 1.16% 0.60%
02/02/2017 251.495075 0.99% 0.37%
02/01/2017 251.362302 0.93% 0.32%
01/31/2017 251.311066 0.91% 0.31%
01/30/2017 251.835804 1.12% 0.52%
01/27/2017 251.589453 1.02% 0.67%
01/26/2017 251.372982 0.94% 0.59%
01/25/2017 251.675119 1.06% 0.73%
01/24/2017 251.239049 0.88% 0.62%
01/23/2017 251.830893 1.12% 0.86%
01/20/2017 252.064763 1.21% 0.74%
01/19/2017 252.048095 1.21% 0.78%
01/18/2017 251.606543 1.03% 0.65%
01/17/2017 251.499311 0.99% 0.55%
01/16/2017 251.362411 0.93% 0.50%
01/13/2017 251.267618 0.89% 0.41%
01/12/2017 250.899658 0.75% 0.31%
01/11/2017 250.711731 0.67% 0.09%
01/10/2017 251.565342 1.01% 0.38%
01/09/2017 251.503186 0.99% 0.35%
01/06/2017 252.089715 1.22%% 0.74%%
01/05/2017 251.497603 0.99%% 0.55%%
01/04/2017 249.640955 0.24% 0.02%
01/03/2017 249.143564 0.04% -0.46%
01/03/2017 249.128686 0.03% -0.46%
12/29/2016 249.028499 -0.51%% -0.50%%
12/28/2016 248.955260 -0.54% -0.47%
12/27/2016 249.923814 -0.15% 0.24%
12/23/2016 250.262777 -0.02% 0.38%
12/22/2016 249.999268 -0.12% 0.14%
12/21/2016 250.146245 -0.06% 0.41%
12/20/2016 250.043385 -0.10% 0.31%
12/19/2016 249.808658 -0.20% 0.21%
12/16/2016 250.030364 -0.11% 0.41%
12/15/2016 249.700020 -0.24% 0.00%
12/14/2016 250.014867 -0.12% -0.05%
12/13/2016 249.899742 -0.16% -0.01%
12/12/2016 249.915328 -0.16% 0.00%
12/09/2016 250.388349 0.03% 0.49%
12/08/2016 250.200606 -0.04%% 0.12%%
12/07/2016 250.171856 -0.05% 0.01%
12/06/2016 249.516463 -0.32% -0.26%
12/05/2016 249.581847 -0.29% -0.23%
12/02/2016 249.865382 -0.18% -0.22%
12/01/2016 249.226574 -0.43% -0.12%
11/29/2016 250.882062 0.23%% 0.39%%
11/28/2016 249.510464 -0.32% -0.15%
11/25/2016 249.334803 -0.39% -0.24%
11/24/2016 249.009350 -0.52% -0.34%
11/23/2016 249.701645 -0.24% 0.04%
11/22/2016 250.151946 -0.06% 0.22%
11/21/2016 250.498347 0.08% 0.35%
11/18/2016 251.649806 0.54% 0.83%
11/17/2016 251.732619 0.57% 0.86%
11/16/2016 252.753789 0.98% 1.28%
11/15/2016 250.418087 0.04%% 0.28%%
11/14/2016 250.225331 -0.03% 0.20%
11/11/2016 251.048590 0.30% 0.28%
11/10/2016 251.601654 0.52% 0.38%
11/09/2016 252.106860 0.72% 0.54%
11/08/2016 251.966310 0.66% 0.45%
11/07/2016 251.727369 0.57% 0.35%
11/04/2016 252.208303 0.76% 0.55%
11/03/2016 253.034923 1.09% 0.87%
11/02/2016 253.274048 1.19% 0.94%
10/28/2016 253.393784 1.23% 0.96%
10/27/2016 253.453602 1.26% 1.18%
10/26/2016 253.418241 1.24% 0.95%
10/25/2016 254.471874 1.66% 1.37%
10/24/2016 255.030225 1.89% 1.59%
10/21/2016 254.218348 1.56% 1.27%
10/20/2016 254.893775 1.83% 1.64%
10/19/2016 254.279252 1.59% 1.42%
10/18/2016 254.326529 1.61% 1.52%
10/17/2016 255.055069 1.90% 1.81%
10/14/2016 255.232796 1.97% 1.87%
10/13/2016 255.387857 2.03% 1.89%
10/12/2016 255.538931 2.09% 2.07%
10/11/2016 256.363172 2.42% 2.46%
10/11/2016 255.650149 2.14% 2.17%
10/10/2016 256.363172 2.42% 2.46%
10/07/2016 255.947017 2.25% 2.37%
10/06/2016 255.963328 2.26% 2.38%
10/05/2016 256.278204 2.39% 2.47%
10/04/2016 256.444124 2.45% 2.72%
10/03/2016 257.014217 2.68% 2.95%
09/30/2016 256.037271 2.29% 2.49%
09/29/2016 256.695543 2.55% 2.78%
09/28/2016 256.700142 2.55% 2.75%
09/27/2016 256.662880 2.54% 2.68%
09/26/2016 256.313706 2.40% 2.54%
09/23/2016 256.459571 2.46% 2.57%
09/22/2016 256.559091 2.50% 2.64%
09/21/2016 255.969078 2.26% 2.47%
09/21/2016 255.969078 2.26% 2.47%
09/20/2016 255.846265 2.21% 2.41%
09/19/2016 256.221959 2.36% 2.56%
09/16/2016 256.389675 2.43% 2.72%
09/15/2016 256.126964 2.33% 2.61%
09/14/2016 256.180967 2.35% 2.57%
09/14/2016 256.180967 2.35% 2.53%
09/13/2016 257.080830 2.71% 2.93%
09/09/2016 257.268497 2.78% 2.93%
09/08/2016 257.012557 2.68%% 2.91%%
09/07/2016 257.237977 2.77% 2.91%
09/06/2016 256.828054 2.61% 2.84%
09/05/2016 257.217373 2.76% 2.99%
09/02/2016 257.418229 2.84% 3.12%
09/01/2016 257.356465 2.82%% 3.10%%
08/31/2016 257.305631 2.80%% 3.12%%
08/30/2016 256.910881 2.64% 2.97%
08/26/2016 257.001603 2.68% 2.84%
08/25/2016 256.652742 2.54% 2.76%
08/24/2016 256.933858 2.65% 2.79%
08/23/2016 257.291449 2.79% 2.94%
08/22/2016 257.177149 2.75% 2.99%
08/19/2016 257.436999 2.85% 3.10%
08/18/2016 256.704198 2.56% 2.80%
08/17/2016 257.891354 3.03% 3.35%
08/16/2016 257.678416 2.95% 3.33%
08/15/2016 257.165911 2.74% 3.10%
08/12/2016 257.625288 2.92% 3.23%
08/11/2016 258.470132 3.26% 3.62%
08/10/2016 258.235400 3.17% 3.55%
08/09/2016 258.243510 3.17% 3.48%
08/09/2016 258.243510 3.17% 3.48%
08/08/2016 258.319116 3.20% 3.51%
08/08/2016 258.319116 3.20% 3.51%
08/05/2016 258.422822 3.24% 3.84%
08/04/2016 259.697030 3.75% 4.35%
08/04/2016 258.443288 3.25% 3.80%
08/04/2016 258.443288 3.25% 3.80%
08/04/2016 258.443288 3.25% 3.80%
08/03/2016 259.598509 3.71% 4.26%
08/03/2016 259.598509 3.71% 4.03%
08/02/2016 259.710078 3.76% 4.07%
08/02/2016 259.710078 3.76% 4.31%
08/01/2016 259.666013 3.74% 4.30%
08/01/2016 259.666013 3.74% 4.30%
07/29/2016 259.451272 3.65%% 4.26%%
07/29/2016 259.451272 3.65% 4.46%
07/28/2016 259.616171 3.72% 4.52%
07/28/2016 259.616171 3.72% 4.56%
07/27/2016 259.587521 3.71% 4.55%
07/27/2016 259.587521 3.71% 4.57%
07/26/2016 259.434250 3.65% 4.50%
07/26/2016 255.612838 2.12% 3.25%
07/26/2016 259.434250 3.65% 4.36%
07/25/2016 258.821441 3.40% 4.11%
07/25/2016 258.821441 3.40% 4.11%
07/22/2016 257.833498 3.01% 3.67%
07/22/2016 257.833498 3.01% 3.61%
07/21/2016 257.819202 3.00% 3.60%
07/21/2016 257.819202 3.00% 3.64%
07/20/2016 257.398681 2.83% 3.47%
07/20/2016 257.398681 2.83% 3.48%
07/19/2016 257.769245 2.98% 3.62%
07/19/2016 257.769245 2.98% 3.68%
07/18/2016 257.338626 2.81% 4.12%
07/18/2016 257.338626 2.81% 3.50%
07/15/2016 257.908682 3.04% 3.73%
07/15/2016 257.908682 3.04% 3.85%
07/14/2016 257.631716 2.93% 3.74%
07/14/2016 257.631716 2.93% 3.43%
.

1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com/ and a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keep your device virus-free. Make sure you have an updated anti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keep your device virus-free. Make sure you have an updated anti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keep your device virus-free. Make sure you have an updated anti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keep your device virus-free. Make sure you have an updated anti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keep your device virus-free. Make sure you have an updated anti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keep your device virus-free. Make sure you have an updated anti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keep your device virus-free. Make sure you have an updated anti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keep your device virus-free. Make sure you have an updated anti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.