- Have an aggressive risk tolerance.
- Seek potentially higher returns through investments on Philippine Stock Market and who can tolerate high price volatilities.
- Have the possibility to be exposed to capital losses given the volatility of the local equities markets
- Have an investment horizon of at least three (3) years.
Risks:
You should not invest in this fund if you do not understand or are not comfortable with the accompanying risks.
Market | Price Risk – The possibility for an investor to experience losses due to changes in market prices of equities or bonds.
Liquidity Risk – The possibility for an investor to experience losses due to inability to sell or convert assets into cash immediately or in instances where conversion to cash is possible but at a loss
Minimum Investment: 10,000pesos
Minimum Additional Investment: 5,000pesos
Net Asset Value Per Unit (NAVPU): 1.085778
Investment Objective: SB High Dividend Peso Equity Fund aims to achieve total returns through income growth and long-term capital appreciation by investing in listed equity securities by Philippine companies that offer high dividend payouts.
Suitable for Investors Who:
- Have an aggressive risk tolerance.
- Seek potentially higher returns through investments on Philippine Stock Market and who can tolerate high price volatilities.
- Have the possibility to be exposed to capital losses given the volatility of the local equities markets
- Have an investment horizon of at least three (3) years.
Risks:
You should not invest in this fund if you do not understand or are not comfortable with the accompanying risks.
Market | Price Risk – The possibility for an investor to experience losses due to changes in market prices of equities or bonds.
Liquidity Risk – The possibility for an investor to experience losses due to inability to sell or convert assets into cash immediately or in instances where conversion to cash is possible but at a loss.
Minimum Investment: 10,000pesos
Minimum Additional Investment: 5,000pesos
Net Asset Value Per Unit (NAVPU): 2.054437
Investment Objective: SB Peso Asset Variety Fund aims to achieve long term growth by diversifying mainly into selected equity investments listed in the Philippine stock exchange and other marketable instruments like government and corporate bonds. The fund will be characterized by a balance of fixed income and equity investments in the portfolio.
Suitable for Investors who:
- Have an aggressive risk tolerance.
- Seek potentially higher returns through investments on Philippine Stock Market and who can tolerate high price volatilities.
- Have the possibility to be exposed to capital losses given the volatility of the local equities and fixed income markets
- Have an investment horizon of at least three (3) years.
Risks:
You should not invest in this fund if you do not understand or are not comfortable with the accompanying risks.
Market | Price Risk – The possibility for an investor to experience losses due to changes in market prices of equities or bonds.
Liquidity Risk – The possibility for an investor to experience losses due to inability to sell or convert assets into cash immediately or in instances where conversion to cash is possible but at a loss.
Credit Risk – The possibility for an investor to experience losses due to a borrower’s failure to pay principal and/or interest in a timely manner.
Reinvestment Risk – The possibility of having lower returns or earnings when maturing funds or the interest earnings of funds are reinvested.
Interest Rate Risk – The possibility for an investor to experience losses due to changes in interest rates.
Minimum Investment: 10,000pesos
Minimum Additional Investment: 5,000pesos
Net Asset Value Per Unit (NAVPU) : 1.675070
Investment Objective: SB Peso Bond Fund aims to achieve long term growth by diversifying mainly in medium to long term fixed income securities such as government securities, select corporate bonds and/or notes and other marketable instruments.
Suitable for Investors who:
- Have a moderate risk tolerance.
- Are aware of potentially higher returns in fixed income securities apart from deposits and deposits substitutes and who can tolerate high price volatilities.
- Have the possibility to be exposed to capital losses given the volatility of the bond markets
- Have an investment horizon of at least one (1) year.
Risks:
You should not invest in this fund if you do not understand or are not comfortable with the accompanying risks.
Market | Price Risk – The possibility for an investor to experience losses due to changes in market prices of equities or bonds.
Liquidity Risk – The possibility for an investor to experience losses due to inability to sell or convert assets into cash immediately or in instances where conversion to cash is possible but at a loss.
Credit Risk – The possibility for an investor to experience losses due to a borrower’s failure to pay principal and/or interest in a timely manner.
Reinvestment Risk – The possibility of having lower returns or earnings when maturing funds or the interest earnings of funds are reinvested.
Interest Rate Risk – The possibility for an investor to experience losses due to changes in interest rates.
Minimum Investment: $1,000
Minimum Additional Investment: $100
Net Asset Value Per Unit (NAVPU): 1.259668
Investment Objective: SB Dollar Fund aims to achieve competitive returns through prudent and active management of the portfolio, comprised mainly of US dollar-denominated fixed income and related securities/investments.
Suitable for Investors who:
- Have a moderate risk tolerance
- Are aware of potentially higher returns in US Dollar denominated fixed income securities apart from regular Dollar bank time deposits.
- Have an investment horizon of at least one (1) year. Have the possibility of capital losses given the volatile nature of the global bond market.
Risks:
You should not invest in this fund if you do not understand or are not comfortable with the accompanying risks.
Market | Price Risk – The possibility for an investor to experience losses due to changes in market prices of equities or bonds.
Liquidity Risk – The possibility for an investor to experience losses due to inability to sell or convert assets into cash immediately or in instances where conversion to cash is possible but at a loss.
Credit Risk – The possibility for an investor to experience losses due to a borrower’s failure to pay principal and/or interest in a timely manner.
Reinvestment Risk – The possibility of having lower returns or earnings when maturing funds or the interest earnings of funds are reinvested. Interest
Rate Risk – The possibility for an investor to experience losses due to changes in interest rates.
Minimum Investment: 10,000pesos
Minimum Additional Investment: 5,000pesos
Net Asset Value Per Unit (NAVPU) : 1.045268
Investment Objective: SB Intermediate Term Peso Bond Fund aims to achieve income growth for participating institutions and individual clients through investments in a diversified portfolio of Philippine Peso denominated fixed income securities, such as government securities, select corporate bonds and/or notes and other marketable instruments.
Suitable for Investors who:
- Have a moderate risk tolerance.
- Are seeking short-term investments that offer potentially higher yields than the Money Market Fund.
- Have an investment horizon of at least one (1) year.
- Have the possibility to be exposed to capital losses given the volatility nature of the bond markets.
Risks:
You should not invest in this fund if you do not understand or are not comfortable with the accompanying risks.
Market | Price Risk – The possibility for an investor to experience losses due to changes in market prices of equities or bonds.
Liquidity Risk – The possibility for an investor to experience losses due to inability to sell or convert assets into cash immediately or in instances where conversion to cash is possible but at a loss.
Credit Risk – The possibility for an investor to experience losses due to a borrower’s failure to pay principal and/or interest in a timely manner.
Reinvestment Risk – The possibility of having lower returns or earnings when maturing funds or the interest earnings of funds are reinvested.
Interest Rate Risk – The possibility for an investor to experience losses due to changes in interest rates
Minimum Investment: 10,000pesos
Minimum Additional Investment: 5,000pesos
Net Asset Value Per Unit (NAVPU) : 1.253688
Investment Objective: SB Peso Money Market Fund aims to achieve short term growth by investing mainly in deposits with banks and with the Bangko Sentral ng Pilipinas (BSP).
Suitable for Investors who:
- Have a conservative risk tolerance.
- Seek principal protection.
- Have an investment horizon of three (3) to six (6) months
Risks:
Market | Price Risk – The possibility for an investor to experience losses due to changes in market prices of equities or bonds.
Liquidity Risk – The possibility for an investor to experience losses due to inability to sell or convert assets into cash immediately or in instances where conversion to cash is possible but at a loss.
Credit Risk – The possibility for an investor to experience losses due to a borrower’s failure to pay principal and/or interest in a timely manner.
Reinvestment Risk – The possibility of having lower returns or earnings when maturing funds or the interest earnings of funds are reinvested.
Interest Rate Risk – The possibility for an investor to experience losses due to changes in interest rates.
How to Open a Security Bank UITF Account?
Unlike the PNB UITF that you can easily open in a 3-Step process, Security Bank’s UITF can be open in a traditional way.
First, download and fill out the enrollment form. You need to visit their website and fill out your information first before you can download the enrollment form. This for me is a con since you need to provide your basic information first.
Next is to print the filled out enrollment form and bring to the Security Bank branch near you.
Lastly, you can manage your funds online. This is ideal for those who are busy professionals and want to see how much their investments is performing anytime, anywhere.
Quick Link Below:
My First Impression
Security Bank is also a new name for me. Again, my awareness on banks usually revolves with BPI, BDO and Metrobank. When I saw their commercial on TV with Meagan Young and the billboards all over Metro Manila, I knew it is a bank I have to look forward to. I love that Security Bank offers a user-friendly and crisp website for its customers. It is filled with valuable information that can help anyone plus the Return of Investment Calculator is such as cool idea to help investors know how much they can get out of the investment they will be making.
Other Pros:
1. Detailed Fund Choices
Security Bank gave away information for each Fund Choices. I love that they inform to whom it is suitable and the risks that is involved once you start investing. Out of the 8 fund choices I have to say that SB Peso Bond Fund and SB Peso Money Market Fund are my top two choices.
2. Security Bank is multi-awarded bank
Since I lack info about Security Bank I was surprised to learn how many awards this company gained for the past couple of years. It became ASQ Global Awards Bank of the Year for 2nd consecutive years. You can also see the improvement from the rebranding that Security Bank did.
3. Easy to Open
The problem with BPI, BDO and Metrobank is the fact that you can be easily discouraged with the long lines. Whereas, Security Bank doesn’t really receive that much guests on a daily basis (based on my reading from other blogs) so you can talk to a bank teller to know more about the bank product and assess if you will give it a go.
The Cons
1. High Minimum Additional Investment
5,000 a month?! Aw… that’s too high for me at the moment. My FAMI account is just 1,000pesos a month so learning that the additional investment makes me sad.
2. Low-NAVPU
With all fairness to Security Bank’s UITF, their NAVPU is much higher compared to PNB UITF. However, it is still too low if considering the NAVPS that I am used to with FAMI. This will do if you are after diversification but if you are opening a UITF as your primary investment account, I doubt it could make you a millionaire in five years.
3. Security Bank UITF is currently performing low
On my research to make this blog post I learned that Security Bank’s UITF is performing all-time low. From being one of the top performing last year next to BPI Philippine High Dividend Equity Fund and BPI Equity Value Fund, Security Bank’s UITF are down to the 28th and 29th spot. (SB High Dividend Peso Equity Fund and SB Peso Equity Fund).
I am hoping that Security Bank’s fund manager’s stock picks will be better in the coming year. I have read in a Female Network forum how well Security Bank’s UITF performed last year but as of 2015 people are losing their money. Maybe its because of how the economy today is performing.
Overall
It is always nice to know other investment options and if ever Security Bank’s performance becomes consistent I might consider putting an initial investment. The additional 5,000 investment is high for me so (remember I have my other investments too) I think a good quarterly top up will do. I am in no way affiliated with Security Bank and in any bank or financial product that I create a first impression with unless stated.
What you think about Security Bank’s UITF? Have you invested with this one? How is/was your experience?
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