Trust and Investments

At UnionBank Trust and Investment Services Group, we understand that individuals may have distinct financial needs and objectives.

header-treasury
 

UnionBank Tax Exempt Portfolio

UnionBank Tax Exempt Portfolio is a peso-denominated unit investment trust fund designed to maximize the returns of participating qualified tax-exempt institutions consistent with the prudent investment management principles and the preservation of capital by investing in a variety of primarily Philippine peso denominated investment-grade debt securities. 

 

Launch Date: October 1, 2007
Currency of Participation: Philippine Peso
Minimum Investment: PHP100, 000
Return Objective: To maximize returns of qualified tax-exempt institutions consistent with the prudent investment management principles and the preservation of capital by investing in a variety of primarily Philippine peso denominated investment-grade debt securities
Client Suitability: A client profiling process should be performed prior to participating in the Fund to guide the prospective investor if the Fund is suited to his/her investment objectives and risk tolerance. Clients are advised to read the Declaration of Trust/Plan Rules of the Fund, which may be obtained from the Trustee, before deciding to invest.

The UnionBank Tax Exempt Portfolio is suitable only for investors who are of legal age and have a Moderately Conservative risk profile
Risk Parameters: 1. Credit Risk – LOW

- Limited to Philippine government securities and investment-grade instruments

2. Market Risk – LOW

- Modified Duration limit: 7 years

Modified Duration - is the percentage price change of a fixed income instrument for a given change in the level of interest rates. Duration of 1 means that the price of a fixed income instrument is expected to change by 1% for every 100 basis point (1%) shift in the level of interest rates. The higher the duration of an instrument, the higher its risk (all other factors kept equal).

Interest rates have an inverse relationship with fixed income prices so that an increase in interest rates generally leads to a decrease in fixed income prices and vise versa.

Liquidity: To ensure adequate liquidity to meet daily fund withdrawals, at least 5% of investments will be in highly liquid instruments
Initial NAV per Unit: PHP 100.00
Time Horizon: Designed for investors with a long-term investment horizon

- No minimum holding period
- No early redemption fee

Regulatory: Subject to Bangko Sentral ng Pilipinas regulations governing the creation, administration and investments of Unit Investment Trust Funds as outlined in BSP Circular 447 Series of 2004 and Section UX410 of the Manual of Regulations for Banks.
Tax: Not Applicable
Acceptance & Withdrawal Procedure: Investments into the fund may be accepted on any banking day, at the prevailing NAV per unit. All investments and withdrawals should be processed before 2:30 PM. Withdrawals will be funded one (1) banking day after the date of transaction.
Trust Fee: 0.25 % p.a. based on the total market value of the fund.

 

 

 
Account Opening Procedures
Accounts may be opened at any UnionBank branch
Only cleared funds from an UnionBank savings account are acceptable for investment
Investments and withdrawals may be made at any UnionBank branch

 

All Unit Investment Trust Funds (UITFs) are regulated by the Bangko Sentral ng Pilipinas. UITF investments are not deposit accounts. The investments are not insured with the PDIC and do not carry a guaranteed rate of return. Past performance is not necessarily a guide to future performance. Gains and losses are solely for the account of the investor. A copy of the BSP-approved UITF Plan is available for inspection by any UITF investor.

The trustee is not liable for any loss unless upon willful default, bad faith or gross negligence

 

Historical - UnionBank Tax Exempt
Feb 21, 2019
DateNavPuYTDYOY
02/20/2019 195.448480 3.17% 3.56%
02/19/2019 195.216288 3.05% 3.42%
02/18/2019 195.584706 3.24% 3.60%
02/15/2019 195.595519 3.25% 3.61%
02/14/2019 195.942760 3.43% 3.95%
02/13/2019 195.884977 3.40% 4.02%
02/12/2019 195.074904 2.97% 3.47%
02/11/2019 195.446867 3.17% 3.67%
02/08/2019 195.937989 3.43% 3.81%
02/07/2019 195.746592 3.33% 3.68%
02/06/2019 197.356712 4.17% 4.51%
02/04/2019 196.791508 3.88% 4.12%
02/01/2019 196.332223 3.63% 3.79%
01/31/2019 195.486352 3.19% 3.54%
01/30/2019 194.172277 2.49% 3.08%
01/29/2019 192.885593 1.81% 2.40%
01/28/2019 192.802170 1.77% 2.35%
01/25/2019 192.349234 1.53% 2.22%
01/24/2019 192.363897 1.54% 2.28%
01/23/2019 192.429527 1.57% 2.03%
01/22/2019 192.404890 1.56% 2.13%
01/21/2019 192.429192 1.57% 2.03%
01/18/2019 193.256902 2.01% 2.67%
01/17/2019 192.711429 1.72% 2.40%
01/16/2019 192.303677 1.51% 2.08%
01/15/2019 192.124925 1.41% 2.05%
01/14/2019 192.361091 1.54% 2.21%
01/11/2019 191.753384 1.22% 1.93%
01/10/2019 190.666074 0.64% 1.36%
01/09/2019 189.673147 0.12% 1.02%
01/08/2019 189.725078 0.15% 1.01%
01/07/2019 189.531106 0.04% 0.67%
01/04/2019 189.389594 -0.03% 0.66%
01/03/2019 189.198988 -0.13% 0.52%
01/02/2019 189.009937 -0.23% 0.54%
12/28/2018 189.447459 0.78% 0.63%
12/27/2018 189.408853 0.76% 0.71%
12/26/2018 189.322596 0.71% 0.87%
12/21/2018 189.174568 0.63% 0.78%
12/20/2018 188.902046 0.49% 0.74%
12/19/2018 188.912968 0.49% 0.84%
12/18/2018 188.671027 0.36% 0.32%
12/17/2018 188.615564 0.33% 0.32%
12/14/2018 188.436543 0.24% 0.34%
12/13/2018 188.325525 0.18% 0.34%
12/12/2018 188.487297 0.27% 0.78%
12/11/2018 188.655494 0.35% 0.83%
12/10/2018 188.732857 0.40% 0.97%
12/07/2018 188.527789 0.29% 0.81%
12/06/2018 188.566130 0.31% 0.87%
12/05/2018 188.610209 0.33% 0.88%
12/04/2018 188.642117 0.35% 0.70%
12/03/2018 188.722036 0.39% 0.92%
11/29/2018 188.586150 0.32% 0.49%
11/28/2018 188.352234 0.19% 0.39%
11/27/2018 188.136473 0.08% 0.23%
11/26/2018 188.244359 0.14% 0.20%
11/23/2018 187.972939 -0.01% 0.22%
11/22/2018 187.974053 -0.01% 0.06%
11/21/2018 187.950620 -0.02% 0.02%
11/20/2018 187.744456 -0.13% -0.16%
11/19/2018 187.855849 -0.07% -0.13%
11/16/2018 187.593272 -0.21% -0.26%
11/15/2018 187.498702 -0.26% 0.18%
11/14/2018 187.542577 -0.24% -0.17%
11/13/2018 187.538242 -0.24% 0.31%
11/12/2018 187.554104 -0.23% 0.28%
11/09/2018 187.382582 -0.32% -0.53%
11/08/2018 187.375169 -0.33% 0.12%
11/07/2018 187.320137 -0.36% -0.10%
11/06/2018 187.314640 -0.36% -0.03%
11/05/2018 187.660330 -0.17% -0.51%
10/31/2018 187.715731 -0.15% -0.35%
10/30/2018 187.725396 -0.14% -0.35%
10/29/2018 187.643330 -0.18% -0.40%
10/26/2018 187.546720 -0.24% -0.52%
10/25/2018 187.544515 -0.24% -0.69%
10/24/2018 187.318930 -0.36% -0.45%
10/23/2018 187.846958 -0.08% -0.17%
10/22/2018 187.563024 -0.23% -0.72%
10/19/2018 187.649677 -0.18% -0.71%
10/18/2018 187.264880 -0.38% -1.00%
10/17/2018 187.131188 -0.46% -0.76%
10/16/2018 186.885192 -0.59% -1.29%
10/15/2018 187.095194 -0.48% -1.15%
10/12/2018 187.547288 -0.23% -0.52%
10/11/2018 187.653060 -0.18% -0.55%
10/10/2018 187.725762 -0.14% -0.21%
10/09/2018 188.086672 0.05% -0.08%
10/08/2018 188.425875 0.23% 0.25%
10/05/2018 188.415156 0.23% -0.24%
10/04/2018 188.317422 0.17% -0.27%
10/03/2018 187.954032 -0.02% -0.04%
10/02/2018 188.065834 0.04% 0.01%
10/01/2018 188.461191 0.25% -0.09%
09/28/2018 188.825698 0.45% 0.33%
09/27/2018 188.496453 0.27% -0.30%
09/26/2018 188.304002 0.17% -0.28%
09/25/2018 188.783105 0.42% 0.59%
09/24/2018 188.767042 0.41% 0.25%
09/21/2018 188.680876 0.37% 0.74%
09/20/2018 188.567226 0.31% 0.54%
09/19/2018 188.638400 0.35% 0.19%
09/18/2018 188.871102 0.47% 0.94%
09/17/2018 189.083786 0.58% 0.60%
09/14/2018 188.923022 0.50% 0.58%
09/13/2018 188.970776 0.52% 0.12%
09/12/2018 189.103274 0.59% 0.18%
09/11/2018 189.046631 0.56% 0.22%
09/10/2018 189.042569 0.56% 0.16%
09/07/2018 189.265838 0.68% 0.43%
09/06/2018 189.586666 0.85% 0.66%
09/05/2018 189.694465 0.91% 0.77%
09/04/2018 189.973857 1.06% 1.00%
09/03/2018 189.948165 1.04% 1.18%
08/31/2018 190.455989 1.31% 1.45%
08/30/2018 190.617202 1.40% 1.96%
08/29/2018 190.569819 1.37% 1.57%
08/28/2018 190.644146 1.41% 1.68%
08/24/2018 190.651572 1.42% 1.86%
08/23/2018 190.407826 1.29% 1.70%
08/22/2018 190.400058 1.28% 1.78%
08/20/2018 190.316388 1.24% 2.03%
08/17/2018 190.150165 1.15% 1.83%
08/16/2018 189.777444 0.95% 2.05%
08/15/2018 189.790599 0.96% 1.71%
08/14/2018 189.831018 0.98% 1.64%
08/13/2018 189.860810 1.00% 1.71%
08/10/2018 189.803306 0.97% 2.01%
08/09/2018 189.907896 1.02% 1.80%
08/08/2018 189.835524 0.98% 1.91%
08/07/2018 189.370773 0.74% 1.47%
08/06/2018 189.496926 0.80% 1.52%
08/03/2018 189.462136 0.78% 1.55%
08/02/2018 189.543602 0.83% 1.83%
08/01/2018 189.902934 1.02% 1.74%
07/31/2018 189.962010 1.05% 1.78%
07/30/2018 189.186585 0.64% 1.53%
07/27/2018 189.887765 1.01% 1.86%
07/26/2018 189.856638 0.99% 2.11%
07/25/2018 189.890309 1.01% 2.16%
07/24/2018 190.080690 1.11% 2.44%
07/23/2018 189.988167 1.06% 2.26%
07/20/2018 190.071117 1.11% 2.31%
07/19/2018 190.074196 1.11% 2.60%
07/18/2018 190.037864 1.09% 2.64%
07/17/2018 189.836875 0.98% 2.42%
07/16/2018 189.618973 0.87% 2.35%
07/13/2018 189.597616 0.86% 2.35%
07/12/2018 189.694703 0.91% 2.46%
07/11/2018 189.487842 0.80% 2.34%
07/10/2018 189.590672 0.85% 2.52%
07/09/2018 189.491115 0.80% 2.47%
07/06/2018 189.494172 0.80% 2.42%
07/05/2018 189.500828 0.80% 2.28%
07/04/2018 189.522419 0.82% 2.43%
07/03/2018 189.148099 0.62% 2.30%
07/02/2018 189.465919 0.79% 2.16%
06/29/2018 189.329035 0.71% 2.05%
06/28/2018 188.981945 0.53% 1.81%
06/27/2018 188.988100 0.53% 1.79%
06/26/2018 189.203059 0.65% 1.97%
06/25/2018 189.069613 0.58% 1.90%
06/22/2018 189.034362 0.56% 1.91%
06/21/2018 188.920845 0.50% 1.83%
06/20/2018 188.965638 0.52% 1.93%
06/19/2018 189.090192 0.59% 2.10%
06/18/2018 189.224902 0.66% 2.01%
06/14/2018 189.048976 0.56% 2.04%
06/13/2018 189.366232 0.73% 2.28%
06/11/2018 189.347864 0.72% 2.27%
06/08/2018 189.245715 0.67% 2.12%
06/07/2018 189.327268 0.71% 2.10%
06/06/2018 189.448504 0.78% 2.69%
06/05/2018 189.539506 0.83% 2.51%
06/04/2018 189.720788 0.92% 3.10%
06/01/2018 189.886943 1.01% 3.08%
05/31/2018 189.711839 0.92% 2.97%
05/30/2018 189.589668 0.85% 2.76%
05/29/2018 189.523218 0.82% 2.73%
05/28/2018 189.805553 0.97% 3.18%
05/25/2018 189.748365 0.94% 3.14%
05/24/2018 189.529976 0.82% 3.10%
05/23/2018 189.363091 0.73% 2.71%
05/22/2018 188.813935 0.44% 2.54%
05/21/2018 188.753998 0.41% 2.95%
05/18/2018 188.665717 0.36% 2.95%
05/17/2018 188.732343 0.40% 3.03%
05/16/2018 188.717955 0.39% 3.06%
05/15/2018 189.288214 0.69% 3.25%
05/11/2018 189.067049 0.57% 3.03%
05/10/2018 188.967608 0.52% 2.90%
05/09/2018 189.265305 0.68% 3.14%
05/08/2018 189.083133 0.58% 3.28%
05/07/2018 189.193794 0.64% 3.05%
05/04/2018 189.146919 0.62% 3.43%
05/03/2018 189.114292 0.60% 3.54%
05/02/2018 189.395361 0.75% 3.59%
04/30/2018 189.520041 0.81% 3.48%
04/27/2018 189.494863 0.80% 3.47%
.

1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com/ and a padlock symbol (🔒) beside it.If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it.If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it.If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it.If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.