UnionBank Tax Exempt Portfolio
UnionBank Tax Exempt Portfolio is a peso-denominated unit investment trust fund designed to maximize the returns of participating qualified tax-exempt institutions consistent with the prudent investment management principles and the preservation of capital by investing in a variety of primarily Philippine peso denominated investment-grade debt securities.
| Launch Date: | October 1, 2007 |
| Currency of Participation: | Philippine Peso |
| Minimum Investment: | PHP100, 000 |
| Return Objective: | To maximize returns of qualified tax-exempt institutions consistent with the prudent investment management principles and the preservation of capital by investing in a variety of primarily Philippine peso denominated investment-grade debt securities |
| Client Suitability: | A client profiling process should be performed prior to participating in the Fund to guide the prospective investor if the Fund is suited to his/her investment objectives and risk tolerance. Clients are advised to read the Declaration of Trust/Plan Rules of the Fund, which may be obtained from the Trustee, before deciding to invest. The UnionBank Tax Exempt Portfolio is suitable only for investors who are of legal age and have a Moderately Conservative risk profile |
| Risk Parameters: | 1. Credit Risk – LOW
- Limited to Philippine government securities and investment-grade instruments 2. Market Risk – LOW- Modified Duration limit: 7 years 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. |
| 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 long-term investment horizon
- No minimum holding period |
| 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: | Not Applicable |
| 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 2:30 PM. Withdrawals will be funded one (1) banking day after the date of transaction. |
| Trust Fee: | 0.25 % 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 deposit accounts. The 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.
The trustee is not liable for any loss unless upon willful default, bad faith or gross negligence
Historical - UnionBank Tax Exempt
Feb 21, 2019
| Date | NavPu | YTD | YOY |
|---|---|---|---|
| 02/20/2019 | 195.448480 | 3.17% | 3.56% |
| 02/19/2019 | 195.216288 | 3.05% | 3.42% |
| 02/18/2019 | 195.584706 | 3.24% | 3.60% |
| 02/15/2019 | 195.595519 | 3.25% | 3.61% |
| 02/14/2019 | 195.942760 | 3.43% | 3.95% |
| 02/13/2019 | 195.884977 | 3.40% | 4.02% |
| 02/12/2019 | 195.074904 | 2.97% | 3.47% |
| 02/11/2019 | 195.446867 | 3.17% | 3.67% |
| 02/08/2019 | 195.937989 | 3.43% | 3.81% |
| 02/07/2019 | 195.746592 | 3.33% | 3.68% |
| 02/06/2019 | 197.356712 | 4.17% | 4.51% |
| 02/04/2019 | 196.791508 | 3.88% | 4.12% |
| 02/01/2019 | 196.332223 | 3.63% | 3.79% |
| 01/31/2019 | 195.486352 | 3.19% | 3.54% |
| 01/30/2019 | 194.172277 | 2.49% | 3.08% |
| 01/29/2019 | 192.885593 | 1.81% | 2.40% |
| 01/28/2019 | 192.802170 | 1.77% | 2.35% |
| 01/25/2019 | 192.349234 | 1.53% | 2.22% |
| 01/24/2019 | 192.363897 | 1.54% | 2.28% |
| 01/23/2019 | 192.429527 | 1.57% | 2.03% |
| 01/22/2019 | 192.404890 | 1.56% | 2.13% |
| 01/21/2019 | 192.429192 | 1.57% | 2.03% |
| 01/18/2019 | 193.256902 | 2.01% | 2.67% |
| 01/17/2019 | 192.711429 | 1.72% | 2.40% |
| 01/16/2019 | 192.303677 | 1.51% | 2.08% |
| 01/15/2019 | 192.124925 | 1.41% | 2.05% |
| 01/14/2019 | 192.361091 | 1.54% | 2.21% |
| 01/11/2019 | 191.753384 | 1.22% | 1.93% |
| 01/10/2019 | 190.666074 | 0.64% | 1.36% |
| 01/09/2019 | 189.673147 | 0.12% | 1.02% |
| 01/08/2019 | 189.725078 | 0.15% | 1.01% |
| 01/07/2019 | 189.531106 | 0.04% | 0.67% |
| 01/04/2019 | 189.389594 | -0.03% | 0.66% |
| 01/03/2019 | 189.198988 | -0.13% | 0.52% |
| 01/02/2019 | 189.009937 | -0.23% | 0.54% |
| 12/28/2018 | 189.447459 | 0.78% | 0.63% |
| 12/27/2018 | 189.408853 | 0.76% | 0.71% |
| 12/26/2018 | 189.322596 | 0.71% | 0.87% |
| 12/21/2018 | 189.174568 | 0.63% | 0.78% |
| 12/20/2018 | 188.902046 | 0.49% | 0.74% |
| 12/19/2018 | 188.912968 | 0.49% | 0.84% |
| 12/18/2018 | 188.671027 | 0.36% | 0.32% |
| 12/17/2018 | 188.615564 | 0.33% | 0.32% |
| 12/14/2018 | 188.436543 | 0.24% | 0.34% |
| 12/13/2018 | 188.325525 | 0.18% | 0.34% |
| 12/12/2018 | 188.487297 | 0.27% | 0.78% |
| 12/11/2018 | 188.655494 | 0.35% | 0.83% |
| 12/10/2018 | 188.732857 | 0.40% | 0.97% |
| 12/07/2018 | 188.527789 | 0.29% | 0.81% |
| 12/06/2018 | 188.566130 | 0.31% | 0.87% |
| 12/05/2018 | 188.610209 | 0.33% | 0.88% |
| 12/04/2018 | 188.642117 | 0.35% | 0.70% |
| 12/03/2018 | 188.722036 | 0.39% | 0.92% |
| 11/29/2018 | 188.586150 | 0.32% | 0.49% |
| 11/28/2018 | 188.352234 | 0.19% | 0.39% |
| 11/27/2018 | 188.136473 | 0.08% | 0.23% |
| 11/26/2018 | 188.244359 | 0.14% | 0.20% |
| 11/23/2018 | 187.972939 | -0.01% | 0.22% |
| 11/22/2018 | 187.974053 | -0.01% | 0.06% |
| 11/21/2018 | 187.950620 | -0.02% | 0.02% |
| 11/20/2018 | 187.744456 | -0.13% | -0.16% |
| 11/19/2018 | 187.855849 | -0.07% | -0.13% |
| 11/16/2018 | 187.593272 | -0.21% | -0.26% |
| 11/15/2018 | 187.498702 | -0.26% | 0.18% |
| 11/14/2018 | 187.542577 | -0.24% | -0.17% |
| 11/13/2018 | 187.538242 | -0.24% | 0.31% |
| 11/12/2018 | 187.554104 | -0.23% | 0.28% |
| 11/09/2018 | 187.382582 | -0.32% | -0.53% |
| 11/08/2018 | 187.375169 | -0.33% | 0.12% |
| 11/07/2018 | 187.320137 | -0.36% | -0.10% |
| 11/06/2018 | 187.314640 | -0.36% | -0.03% |
| 11/05/2018 | 187.660330 | -0.17% | -0.51% |
| 10/31/2018 | 187.715731 | -0.15% | -0.35% |
| 10/30/2018 | 187.725396 | -0.14% | -0.35% |
| 10/29/2018 | 187.643330 | -0.18% | -0.40% |
| 10/26/2018 | 187.546720 | -0.24% | -0.52% |
| 10/25/2018 | 187.544515 | -0.24% | -0.69% |
| 10/24/2018 | 187.318930 | -0.36% | -0.45% |
| 10/23/2018 | 187.846958 | -0.08% | -0.17% |
| 10/22/2018 | 187.563024 | -0.23% | -0.72% |
| 10/19/2018 | 187.649677 | -0.18% | -0.71% |
| 10/18/2018 | 187.264880 | -0.38% | -1.00% |
| 10/17/2018 | 187.131188 | -0.46% | -0.76% |
| 10/16/2018 | 186.885192 | -0.59% | -1.29% |
| 10/15/2018 | 187.095194 | -0.48% | -1.15% |
| 10/12/2018 | 187.547288 | -0.23% | -0.52% |
| 10/11/2018 | 187.653060 | -0.18% | -0.55% |
| 10/10/2018 | 187.725762 | -0.14% | -0.21% |
| 10/09/2018 | 188.086672 | 0.05% | -0.08% |
| 10/08/2018 | 188.425875 | 0.23% | 0.25% |
| 10/05/2018 | 188.415156 | 0.23% | -0.24% |
| 10/04/2018 | 188.317422 | 0.17% | -0.27% |
| 10/03/2018 | 187.954032 | -0.02% | -0.04% |
| 10/02/2018 | 188.065834 | 0.04% | 0.01% |
| 10/01/2018 | 188.461191 | 0.25% | -0.09% |
| 09/28/2018 | 188.825698 | 0.45% | 0.33% |
| 09/27/2018 | 188.496453 | 0.27% | -0.30% |
| 09/26/2018 | 188.304002 | 0.17% | -0.28% |
| 09/25/2018 | 188.783105 | 0.42% | 0.59% |
| 09/24/2018 | 188.767042 | 0.41% | 0.25% |
| 09/21/2018 | 188.680876 | 0.37% | 0.74% |
| 09/20/2018 | 188.567226 | 0.31% | 0.54% |
| 09/19/2018 | 188.638400 | 0.35% | 0.19% |
| 09/18/2018 | 188.871102 | 0.47% | 0.94% |
| 09/17/2018 | 189.083786 | 0.58% | 0.60% |
| 09/14/2018 | 188.923022 | 0.50% | 0.58% |
| 09/13/2018 | 188.970776 | 0.52% | 0.12% |
| 09/12/2018 | 189.103274 | 0.59% | 0.18% |
| 09/11/2018 | 189.046631 | 0.56% | 0.22% |
| 09/10/2018 | 189.042569 | 0.56% | 0.16% |
| 09/07/2018 | 189.265838 | 0.68% | 0.43% |
| 09/06/2018 | 189.586666 | 0.85% | 0.66% |
| 09/05/2018 | 189.694465 | 0.91% | 0.77% |
| 09/04/2018 | 189.973857 | 1.06% | 1.00% |
| 09/03/2018 | 189.948165 | 1.04% | 1.18% |
| 08/31/2018 | 190.455989 | 1.31% | 1.45% |
| 08/30/2018 | 190.617202 | 1.40% | 1.96% |
| 08/29/2018 | 190.569819 | 1.37% | 1.57% |
| 08/28/2018 | 190.644146 | 1.41% | 1.68% |
| 08/24/2018 | 190.651572 | 1.42% | 1.86% |
| 08/23/2018 | 190.407826 | 1.29% | 1.70% |
| 08/22/2018 | 190.400058 | 1.28% | 1.78% |
| 08/20/2018 | 190.316388 | 1.24% | 2.03% |
| 08/17/2018 | 190.150165 | 1.15% | 1.83% |
| 08/16/2018 | 189.777444 | 0.95% | 2.05% |
| 08/15/2018 | 189.790599 | 0.96% | 1.71% |
| 08/14/2018 | 189.831018 | 0.98% | 1.64% |
| 08/13/2018 | 189.860810 | 1.00% | 1.71% |
| 08/10/2018 | 189.803306 | 0.97% | 2.01% |
| 08/09/2018 | 189.907896 | 1.02% | 1.80% |
| 08/08/2018 | 189.835524 | 0.98% | 1.91% |
| 08/07/2018 | 189.370773 | 0.74% | 1.47% |
| 08/06/2018 | 189.496926 | 0.80% | 1.52% |
| 08/03/2018 | 189.462136 | 0.78% | 1.55% |
| 08/02/2018 | 189.543602 | 0.83% | 1.83% |
| 08/01/2018 | 189.902934 | 1.02% | 1.74% |
| 07/31/2018 | 189.962010 | 1.05% | 1.78% |
| 07/30/2018 | 189.186585 | 0.64% | 1.53% |
| 07/27/2018 | 189.887765 | 1.01% | 1.86% |
| 07/26/2018 | 189.856638 | 0.99% | 2.11% |
| 07/25/2018 | 189.890309 | 1.01% | 2.16% |
| 07/24/2018 | 190.080690 | 1.11% | 2.44% |
| 07/23/2018 | 189.988167 | 1.06% | 2.26% |
| 07/20/2018 | 190.071117 | 1.11% | 2.31% |
| 07/19/2018 | 190.074196 | 1.11% | 2.60% |
| 07/18/2018 | 190.037864 | 1.09% | 2.64% |
| 07/17/2018 | 189.836875 | 0.98% | 2.42% |
| 07/16/2018 | 189.618973 | 0.87% | 2.35% |
| 07/13/2018 | 189.597616 | 0.86% | 2.35% |
| 07/12/2018 | 189.694703 | 0.91% | 2.46% |
| 07/11/2018 | 189.487842 | 0.80% | 2.34% |
| 07/10/2018 | 189.590672 | 0.85% | 2.52% |
| 07/09/2018 | 189.491115 | 0.80% | 2.47% |
| 07/06/2018 | 189.494172 | 0.80% | 2.42% |
| 07/05/2018 | 189.500828 | 0.80% | 2.28% |
| 07/04/2018 | 189.522419 | 0.82% | 2.43% |
| 07/03/2018 | 189.148099 | 0.62% | 2.30% |
| 07/02/2018 | 189.465919 | 0.79% | 2.16% |
| 06/29/2018 | 189.329035 | 0.71% | 2.05% |
| 06/28/2018 | 188.981945 | 0.53% | 1.81% |
| 06/27/2018 | 188.988100 | 0.53% | 1.79% |
| 06/26/2018 | 189.203059 | 0.65% | 1.97% |
| 06/25/2018 | 189.069613 | 0.58% | 1.90% |
| 06/22/2018 | 189.034362 | 0.56% | 1.91% |
| 06/21/2018 | 188.920845 | 0.50% | 1.83% |
| 06/20/2018 | 188.965638 | 0.52% | 1.93% |
| 06/19/2018 | 189.090192 | 0.59% | 2.10% |
| 06/18/2018 | 189.224902 | 0.66% | 2.01% |
| 06/14/2018 | 189.048976 | 0.56% | 2.04% |
| 06/13/2018 | 189.366232 | 0.73% | 2.28% |
| 06/11/2018 | 189.347864 | 0.72% | 2.27% |
| 06/08/2018 | 189.245715 | 0.67% | 2.12% |
| 06/07/2018 | 189.327268 | 0.71% | 2.10% |
| 06/06/2018 | 189.448504 | 0.78% | 2.69% |
| 06/05/2018 | 189.539506 | 0.83% | 2.51% |
| 06/04/2018 | 189.720788 | 0.92% | 3.10% |
| 06/01/2018 | 189.886943 | 1.01% | 3.08% |
| 05/31/2018 | 189.711839 | 0.92% | 2.97% |
| 05/30/2018 | 189.589668 | 0.85% | 2.76% |
| 05/29/2018 | 189.523218 | 0.82% | 2.73% |
| 05/28/2018 | 189.805553 | 0.97% | 3.18% |
| 05/25/2018 | 189.748365 | 0.94% | 3.14% |
| 05/24/2018 | 189.529976 | 0.82% | 3.10% |
| 05/23/2018 | 189.363091 | 0.73% | 2.71% |
| 05/22/2018 | 188.813935 | 0.44% | 2.54% |
| 05/21/2018 | 188.753998 | 0.41% | 2.95% |
| 05/18/2018 | 188.665717 | 0.36% | 2.95% |
| 05/17/2018 | 188.732343 | 0.40% | 3.03% |
| 05/16/2018 | 188.717955 | 0.39% | 3.06% |
| 05/15/2018 | 189.288214 | 0.69% | 3.25% |
| 05/11/2018 | 189.067049 | 0.57% | 3.03% |
| 05/10/2018 | 188.967608 | 0.52% | 2.90% |
| 05/09/2018 | 189.265305 | 0.68% | 3.14% |
| 05/08/2018 | 189.083133 | 0.58% | 3.28% |
| 05/07/2018 | 189.193794 | 0.64% | 3.05% |
| 05/04/2018 | 189.146919 | 0.62% | 3.43% |
| 05/03/2018 | 189.114292 | 0.60% | 3.54% |
| 05/02/2018 | 189.395361 | 0.75% | 3.59% |
| 04/30/2018 | 189.520041 | 0.81% | 3.48% |
| 04/27/2018 | 189.494863 | 0.80% | 3.47% |
