FINTRUM REFRESHER

What does UITF stand for?

• Unit Investment Trust Fund

• Unit Investment Trust Fee

• Unit Investment Transaction Fund

• Universal Investment Trust Fund

UITF is a pooled fund from different investors with different investment objectives.

• TRUE

• FALSE

There is only one fund provider in the PH

• TRUE

• FALSE

Who regulates UITFs?

• Securities and Exchange Commission 

• Bangko Sentral ng Pilipinas

• Philippine Stock Exchange

• Manila Stock Exchange

UITFs are guaranteed by the trust company and insured by the PDIC.

• TRUE

• FALSE

Which type of UITF has a portfolio mix of Equity and Fixed-Income Funds?

• Bond Funds

• Money Market Funds

• Balanced Funds

• Index Funds

Which type of UITF is also known as Stock Fund?

• Equity Funds

• Money Market Funds

• Balanced Funds

• Index Funds

Which type of UITF is primarily used to mirror the performance of existing equity or fixed-income indices?

• Equity Funds

• Money Market Funds

• Balanced Funds

• Index Funds

What is the meaning of NAVPU?

• Net Annuity Value Price Unit

• Net Asset Value Price Unit

• Net Annuity Value Per Unit

• Net Asset Value Per Unit

Ownership of UITFs can be in shares or units.

• TRUE

• FALSE