Unit Investment Trust Funds (UITFs) are open-ended, pooled trust funds denominated in pesos or any acceptable currency, which are operated and administered by a trust entity and made available by participation.
UITFs are not guaranteed by the trust company and not insured by the PDIC.
UITFs are open-ended thus, no maturity date.
Net Asset Value or NAV is a summation of the market value of each investment less fees, taxes, and other qualified expenses. Net Asset Value per Unit (NAVPU) is the current worth of a Unit of Participation in a Fund. This is computed by dividing the fund’s (NAV) by the total outstanding units.
A unit of participation represents a participant’s proportionate and undivided interest in the UITF as a whole.
For new retail individual UITF clients, you may click here to open a new account. If you do not have a Wealth Specialist, type 300000 in the space provided for Wealth Specialist code. on how to open an account.
For non-retail individual UITF clients, you may fill out and sign the Account Opening Kit and submit to your Manulife Wealth Specialist. Click here to access the relevant forms.
For non-retail individual UITF clients, you may print, fill out and sign the Redemption Form and submit to your Manulife Wealth Specialist. Click here to access the relevant Forms.
The minimum initial investment, maintaining participation and transaction amounts are Php1,000 and US$ 100 for the Peso share classes and USD share classes, respectively.
There is no minimum holding period for all Manulife Investment Management UITFs.
The trust fee and other qualified expenses are already embedded in each UITF’s NAVpu.
There are no entry charge and early redemption charge for all Manulife Investment Management UITFs.