UCPB bags 2018 Best Managed Fund Award
United Coconut Planters Bank (UCPB) was recently recognized at the Chartered Financial Analyst (CFA) Society Philippines’ search for the 2018 Best Managed Fund of the Year.
UCPB Trust Banking Group’s Peso Bond Fund won the Best Managed Fund Award under the Long-Term Bond Fund using Pure Fair Value thru Profit and Loss Valuation (Peso – FVPL) category from among 82 participating funds from 16 investment houses and Trust institutions. The award was given at the Philippine Investment Conference 2018 at Shangri-La The Fort in Taguig City.
“This recognition is positive proof of the Bank’s prudent fund management expertise despite changing market conditions,” UCPB SVP, Chief Trust Officer and Trust Banking Group Head Ma. Elena S. Sarmiento said.
The UCPB Peso Bond Fund is suited for investors who want to maximize the value of their portfolio over a long-term duration of at least 5 years. “UCPB offers a wide array of Unit Investment Trust Funds (UITFs) for every investment need and client risk profile. We have a total of eight UITFs where clients can open a UITF account for as low as P10,000. Apart from traditional investment products, we also keep our clients up to date on market developments to help them make informed investment decisions,” she added.
Through the Best Managed Funds of the Year Awards, CFA Society Philippines aims to raise awareness among retail investors by recognizing professionallymanaged funds that have delivered the highest risk-adjusted returns consistently over time. CFA Society Philippines is the local chapter of the CFA Institute, the international association of chartered financial analysts.