Philippine National Bank (PNB) offers a wide selection of Unit Investment Trust Funds (UITFs) suited for the clients’ financial goals. UITFs are investment products that allow the pooling of funds from various investors with similar objectives. These funds are managed by professional and experienced fund managers and are invested in various financial instruments such as government securities, bonds, commercial papers, and deposit products. Among PNB’s UITFs are the Institutional Money Market Fund and the Enhanced Phil-Index Reference Fund.
The Bank developed the PNB Institutional Money Market Fund, an investment scheme that provides corporate investors with conservative risk appetite potential higher returns on their investment. The fund is invested in a portfolio of bank deposits and other deposit instruments allowed by the BSP, with a maximum weighted average duration of one year. The PNB Institutional Money Market Fund has a minimum holding period of only three banking days, making it suitable for clients with short-term investment horizons.
For clients who want to invest in Philippine Stock Exchange Index (PSEi) stocks, the PNB Enhanced Phil-Index Reference Fund is ideal. It is invested in all of the securities that make up the PSEi by using the index weighting in order to track and mimic its performance.
PNB continues to innovate in line with the Bank’s thrust of serving its customers first.
Want to learn more about how PNB can help grow your wealth? Visit the nearest PNB branch and open a UITF account today. For more details, call the 24-hour Customer Care at (+632) 573-8888 or send an email to email@example.com. You may also visit the website at www.pnb.com.ph