Money & Power

These Are The Best Performing Funds of 2018

Only less than half of all UITFs posted positive returns from January to December this year.

Conservative investors made the most out of their investments in 2018—at least among UITF investors in the country.

Unit investment trust funds, also known as UITFs, are a type of pooled investment funds offered and managed by banks. Any individual can avail of these funds for a minimum of P10,000.

The Trust Officers Association of the Philippines (TOAP) lists a total of 220 funds that have been offered by their member banks to the investing public this year. Out of these 220, the industry association only has sufficient data on the returns on investment (ROI) of 175 funds, covering the period from January 5 to December 20 this year.

But only 55 funds, or 45.8 percent of the total 175 funds, posted positive returns in 2018. (See infographic.)

Low-risk investors profited the most out of UITFs this year, considering that all 46 listed money-market funds are on the top of the list with the highest returns on investment.

Money market funds are considered to be less risky than other types of UITFs, which are pooled bond and equity funds. This is because money market funds invest in highly liquid cash and cash equivalent securities. Meanwhile, bond funds, as the name suggests, are composed of bonds or other debt securities, while equity funds are composed of stocks. Balanced funds are composed of both bond and equities.

Unsurprisingly, equity funds are at the lower end of the spectrum—what with the dismal performance of the local stock market this year. The lowest returns posted by a peso-denominated equity fund from January to December this year stood at -18.0240 percent, while the lowest ROI for a US dollar-denominated one recorded a glaring -21.9685 percent.


All balanced funds also posted negative returns, while only eight out of 56 bond funds recorded positive returns for the year. This includes intermediate-term, medium-term, and long-term bond funds.

This story originally appeared on
* Minor edits have been made by the editors.

View More Articles About:
About The Author
Pauline Macaraeg for
View Other Articles From Pauline Macaraeg for
Latest Stories
"His legacy will live on for many more generations after us."
A leading Italian mixologist makes the argument for liqueurs in fine dining.
Suddenly everyone you know is heading to New Zealand. Here's why people are planning their move today.
These romantic retreats have everything you need-except children.
Remembering a pioneering entrepreneur and philanthropist in his own words.
Family sources close to the chairman emeritus of SM Investment confirmed his passing the morning of January 19.
These fresh travel options will open up doors to new sights and sounds without the hassle of a layover.
What good is the freedom that money offers if you don’t know how to relax?
Is this billion dollar listing a stunt or the future site of a spectacular mansion?
Load More Articles