UITF Winners and Losers, ranked by returns (July 2014)

We wrap up the 7th month of the year with an assessment once more of the
performance of Unit Investment Trust Funds (UITF) in the Philippines.

Which UITFs booked the highest returns from January until the end of July this year?
Which funds performed below average?

Which UITFs are the winning and losing funds as of July 2014?

The answers in our UITF performance tables below.

What are Unit Investment Trust Funds?

Unit Investment Trust Funds or UITF are investment options for those interested to
place their money in a variety of income-generating assets, such as stocks, bonds,
money market instruments and other similar products, but may not have the time or
expertise to do the investing themselves.

Financial institutions, such as banks, typically offer UITFs in the Philippines. What they
do is pool funds from investors and manage these funds collectively, with the income
being distributed to all investors of the fund.

Shown below are the returns of each UITF in the country from January until the end of
July this year. We also compare the 1-year, 3-year, and 5-year returns in order to give
investors better guidance in evaluating the consistency of performance of each fund.

2014 UITF PERFORMANCE REPORT Unit Investment Trust Funds in the

Philippines
Year-to-Date (YTD) Returns, as of the end of July 2014

July 2014 Performance of Philippine Equity UITF

July 2014 1-Year 3-Year 5-Year

Peso Equity UITFs Fund Name YTD Gain Gain Gain Gain
(Loss) % (Loss) % (Loss) % (Loss) %

Security Bank SB Peso Equity

26.16% 10.96% 17.85% N.A.
Corporation Fund

Philippine National Allied Unit 20.14% 4.56% 11.28% 10.67%

 July 2014 1-Year 3-Year 5-Year
Peso Equity UITFs Fund Name YTD Gain Gain Gain Gain
(Loss) % (Loss) % (Loss) % (Loss) %

Performance
Bank
Equities Fund

Philippine National
High Dividend Fund 17.77% 6.66% N.A. N.A.
Bank

Bank of the BPI Equity Value

17.47% 4.60% 9.94% 15.25%
Philippine Islands Fund

Bank of the BPI Philippine

17.39% 2.97% N.A. N.A.
Philippine Islands Equity Index Fund

BDO Peso Equity

Banco de Oro Fund (EPCIB Equity 16.66% 3.81% 15.23% 22.33%
Fund)

Metropolitan Bank
Metro Equity Fund 16.28% 3.20% 13.32% 20.28%
and Trust Company

Philippine National Enhanced PSEi

15.53% 2.19% 11.73% 8.84%
Bank Reference Fund

AB Capital and AB Capital Equity

15.13% 10.19% 15.85% 22.90%
Investment Corp. Fund

China Bank CBC Equity Fund 15.09% N.A. N.A. N.A.

United Coconut
United Equity Fund 14.78% 3.46% 10.95% 25.06%
Planters Bank

Large Capitalization
Unionbank of the
Philippine Equity 14.71% 8.85% 18.08% 35.64%
Philippines
Portfolio

BPI Philippine High

Bank of the
Dividend Equity 14.70% N.A. N.A. N.A.
Philippine Islands
Fund

BDO Sustainable
Banco de Oro 14.03% N.A. N.A. N.A.
Dividend Fund
 July 2014 1-Year 3-Year 5-Year
Peso Equity UITFs Fund Name YTD Gain Gain Gain Gain
(Loss) % (Loss) % (Loss) % (Loss) %

Asia United Bank- AUB Equity

13.60% 4.39% 12.26% 15.54%
TIG Investment Fund

Philippine Bank of
Value Equity Fund 13.49% N.A. N.A. N.A.
Communications

Odyssey Philippine
Bank of the
High Conviction 11.55% -7.53% -9.55% 12.10%
Philippine Islands
Equity Fund

Bank of the Odyssey Philippine

10.61% -8.22% -1.16% 12.32%
Philippine Islands Equity Fund

RCBC Rizal Equity

Rizal Commercial
Fund (Tiger Equity 9.92% 2.15% 10.45% 17.23%
Banking Corporation
Fund)

BDO Focused
Banco de Oro 9.73% N.A. N.A. N.A.
Equity Fund

July 2014 Performance of Peso Balanced UITF

July 2014 1-Year 3-Year 5-Year

Peso Balanced
Fund Name YTD Gain Gain Gain Gain
UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

Security Bank SB Peso Asset

15.98% 6.34% 13.87% 0.1585
Corporation Variety Fund

BDO Peso
Banco de Oro 10.76% -0.60% 10.26% 15.90%
Balanced Fund

Unionbank Peso
Unionbank of the
Balanced 10.72% 7.72% 11.19% N.A.
Philippines
Portfolio

United Coconut United Balanced

10.49% -8.20% 3.48% 8.55%
Planters Bank Fund

BPI Balanced Fund 9.39% 1.47% 7.41% 12.46%

 July 2014 1-Year 3-Year 5-Year
Peso Balanced
Fund Name YTD Gain Gain Gain Gain
UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

China Banking CBC Balanced

8.93% N.A. N.A. N.A.
Corporation Fund

Landbank of the
Growth Fund 8.28% 1.34% 6.14% 12.06%
Philippines

Metropolitan Bank Metro Balanced

8.25% -0.0137 0.0937 0.138
and Trust Company Fund

Philippine Bank of Best Balanced

8.14% N.A. N.A. N.A.
Communications Fund

Rizal Balanced
RCBC 7.99% N.A. N.A. N.A.
Fund

AB Capital and AB Capital

7.93% N.A. N.A. N.A.
Investment Corp. Balanced Fund

Mabuhay
Philippine National
Prestige 7.59% -0.0037 0.0613 0.0714
Bank
Balanced Fund

Odyssey
BPI (formerly
Diversified 5.70% -7.68% 2.75% 10.95%
managed by ING)
Capital Fund

Odyssey
BPI (formerly
Diversified 5.35% -13.76% 4.89% 12.87%
managed by ING)
Balanced Fund

Sterling
Sterling Bank of Asia 4.76% N.A. N.A. N.A.
Balanced Fund

Development Bank of Gintong Sikap

N.A. 0.0051 0.0158 0.0185
the Philippines Secure Fund

July 2014 Performance of Long Term Bond UITF

 Peso Long- July 2014 1-Year 3-Year 5-Year
Term Bond Fund Name YTD Gain Gain Gain Gain
UITFs (Loss) % (Loss) % (Loss) % (Loss) %

BPI (formerly
Odyssey Peso Bond
managed by 1.34% -2.64% 10.05% 9.37%
Fund
ING)

East West Infinity Peso Long-

0.72% 0.66% 5.82% 4.95%
Banking Corp. Term Bond Fund

Security Bank
SB Peso Bond Fund 0.46% -2.03% 7.02% 5.35%
Corp.

Government
Landbank of the
Securities - Fixed -0.67% -2.02% 5.29% 5.02%
Phils.
Income Fund

Bank of Bancommerce Peso

-0.78% -0.38% 0.05% 1.09%
Commerce Trust Fund

Rizal Peso Bond Fund

RCBC -1.49% -4.16% 5.96% 5.49%
(vice Unicorn Fund)

China Banking
CBC GS Fund -1.62% -4.28% 5.35% 5.35%
Corp.

UBP Long Term

Unionbank of
Current Income -1.74% -2.93% 6.92% 7.86%
the Philippines
Portfolio

July 2014 Performance of Intermediate Term Bond UITF

July 2014 1-Year 3-Year 5-Year

Peso Intermediate-
Fund Name YTD Gain Gain Gain Gain
Term Bond UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

BDO Merit Fund

Banco de Oro 0.95% 2.18% 4.76% 5.20%
Short Term Portfolio

PNB Plus
Philippine National
Intermediate Term 0.91% 1.45% 3.70% 3.79%
Bank
Bond Fund

Unionbank of the Intermediate Term 0.67% 0.94% 5.29% 7.07%

 July 2014 1-Year 3-Year 5-Year
Peso Intermediate-
Fund Name YTD Gain Gain Gain Gain
Term Bond UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

Fixed Income
Philippines
Portfolio

Philippine National
AUP GS Fund 0.63% -1.44% 1.91% 2.60%
Bank

BDO Peso Bond

Banco de Oro 0.59% 1.06% 4.62% 5.38%
Fund

Infinity Peso
East West Banking
Intermediate Bond 0.33% N.A. N.A. N.A.
Corp.
Fund

Unionbank of the
Infinity Prime Fund 0.22% -0.38% 3.69% 5.12%
Philippines

Metropolitan Bank Metro Max-3 Bond

0.20% -0.98% 4.47% 4.44%
and Trust Company Fund

Dream Builder
Philippine National
Intermediate Term -0.13% -0.46% 2.08% 2.25%
Bank
Bond Fund

BPI Premium Bond Fund -0.37% -0.52% 4.28% 4.54%

Metro Invest Plus

Metropolitan Bank
(Metro Wealth -0.57% -2.13% 2.06% 2.87%
and Trust Company
Builder)

July 2014 Performance of Medium Term Bond UITF

July 2014 1-Year 3-Year 5-Year

Peso Medium
Fund Name YTD Gain Gain Gain Gain
Term UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

BDO Merit Fund

Banco de Oro 1.96% 0.51% 1.87% N.A.
Medium Term Portfolio

ABF Philippines Bond

BPI 1.74% -2.36% 6.61% 7.07%
Index Fund
 July 2014 1-Year 3-Year 5-Year
Peso Medium
Fund Name YTD Gain Gain Gain Gain
Term UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

Odyssey Peso
BPI 0.98% 0.53% 4.31% 0.023
Income Fund

AUB Peso Investment

Asia United Bank 0.44% -0.0095 0.0896 0.0721
Fund

UnionBank Philippine
Unionbank of the
Peso Fixed Income 0.23% -1.33% 6.30% 7.54%
Philippines
Portfolio

Banco de Oro BDO GS Fund 0.00% -1.38% 6.09% 6.61%

BDO Peso Fixed

Banco de Oro -0.03% -0.90% 5.74% 6.45%
Income Fund

Philippine
Diamond Fund UITF -0.04% N.A N.A N.A
Business Bank

Metropolitan Bank
Metro Max-5 Bond
and Trust -0.07% -2.66% 5.62% 5.14%
Fund
Company

UCPB Peso Bond

United Coconut
Fund (United -0.63% N.A. N.A. N.A.
Planters Bank
Conservative Fund)

July 2014 Performance of Peso Money Market UITF

July 2014 1-Year 3-Year 5-Year

Peso Money Market
Fund Name YTD Gain Gain Gain Gain
UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

PNB Global Filipino

Philippine National
Peso Money Market 0.93% 1.79% 2.73% 2.56%
Bank
Fund

United Coconut UCPB Cash

0.81% N.A. N.A. N.A.
Planters Bank Management Fund

RCBC Savings Bank RCBC Savings Bank 0.79% 1.19% 1.79% 2.10%
Peso Money Market
 July 2014 1-Year 3-Year 5-Year
Peso Money Market
Fund Name YTD Gain Gain Gain Gain
UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

UITF

Philippine National PNB Prime Peso

0.78% 1.34% 2.40% -0.89%
Bank Money Market Fund

China Banking Chinabank Money

0.77% N.A. N.A. N.A.
Corporation Market Fund

Security Bank SB Secure Ease

0.75% 1.26% 1.85% 2.09%
Corporation Fund

BPI Money Market

BPI 0.74% N.A. N.A. N.A.
Fund

Landbank of the
Money Market Fund 0.73% N.A. N.A. N.A.
Philippines

East West Banking Infinity Money Market

0.71% N.A. N.A. N.A.
Corp. Bond Fund

Metropolitan Bank Metro Money Market

0.70% N.A. N.A. N.A.
and Trust Company Fund

Peso Money Market

Asia United Bank 0.66% N.A. N.A. N.A.
Fund

Diversity Money
Bank of Commerce 0.63% N.A. N.A. N.A.
Market Fund

Odyssey Peso Cash

BPI 0.63% N.A. N.A. N.A.
Management Fund

BDO Peso Money

Banco de Oro 0.61% N.A. N.A. N.A.
Market Fund

BPI Short-Term Fund 0.59% N.A. N.A. N.A.

Rizal Peso Money

RCBC Market Fund (Dragon 0.57% 1.01% 2.10% 2.62%
Fund)
 July 2014 1-Year 3-Year 5-Year
Peso Money Market
Fund Name YTD Gain Gain Gain Gain
UITFs
(Loss) % (Loss) % (Loss) % (Loss) %

Philippine Savings PSBank Money

0.54% N.A. N.A. N.A.
Bank Market Fund

ATRAM (Maybank ATRAM Peso Money

0.46% N.A. N.A. N.A.
ATR Kim Eng) Market Fund

Philippine Bank of
Signature Trust Fund 0.43% 0.0082 0.0187 0.0227
Communications

Sterling Money
Sterling Bank of Asia 0.32% N.A. N.A. N.A.
Market Fund

UnionBank Peso
Unionbank of the
Short Term Fixed 0.16% N.A. N.A. N.A.
Philippines
Income Portfolio

Sources: Bloomberg; Trust Officers Association of the Philippines

Disclaimer: Although the rate of return is a good measure of performance, other factors
such as consistency of returns generated by the fund and degree of exposure to risks
must also be considered. Note that a funds past performance is not and cannot be a
guarantee of future returns. This article is only for information purposes and is not
meant to solicit any investments. Conduct due diligence before making the decision to
invest.