One of the key players in the investment and trust industry with its more than 40 years experience, RCBC provides a wide range of products and services for a diverse set of customers.
Unit Investment Trust Funds
We offer a wide array of the Rizal Unit Investment Trust Funds ("Rizal UITFs") with
varying investment portfolios suited to different types of investors. The Funds are
especially ideal for investors who do not have the time or the expertise:
The purpose of the Fund is to seek capital growth by pooling together US Dollar-denominated funds of various investors for investment and reinvestment in a portfolio with a minimum of 90% invested in a single global equity fund (Morgan Stanley Global Quality Fund as the Target Fund) duly registered/authorized/approved in its home jurisdiction by a regulatory authority that is a member of the International Organization of Securities Commission (IOSCO), with the balance invested in US dollar-denominated fixed income securities.
The Investor Fund aims to surpass the benchmark which is the composite of 90% based on the MSCI World (Net) Index and 10% based on average 6-month London Interbank Offered Rate (LIBOR) rate*. It is understood however that this should not be construed as a guaranteed return for the investors of the Investor Fund.
Ideal for financially sophisticated investors who seek to achieve global diversification, capital growth and attractive long-term returns.
Minimum Initial Investment
Minimum Additional Investment
Minimum Maintaining Balance
Minimum Holding Period
30 Calendar Days (effective January 12, 2015)
Early Redemption Charge**
0.25% of redemption proceeds
0.75% p.a. (on top of the management fee charged by Morgan Stanley Global Quality Fund)
Sales charge equivalent to 0.50% of the subscription amount invested in Morgan Stanley Global Quality Fund, effective May 1, 2016
Redemption Settlement Date
7 banking days from redemption date (T + 7)
Transaction Cut-off Time
11:30 am of any banking day
Punongbayan and Araullo
December 10, 2014
Morgan Stainley Global Quality Fund (Target Fund)
The Morgan Stanley Global Quality Fund is a global equity fund that seeks attractive long-term returns by investing at least 70% of its portfolio in equity securities of companies in the world's developed countries.
* Not to be construed as a guaranteed return for the investor of the Fund
** For withdrawals made prior to the completion of the minimum holding period
Rizal UITFs are not deposits or obligations of and are not guaranteed, issued or insured by RCBC or its affiliates or subsidiaries. UITFs are not insured by the Philippine Deposit Insurance Corporation (PDIC). Due to the nature of the investments, yields and potential yields are not and cannot be guaranteed. The securities held by the UITF, including the investments in government securities, are subject to market fluctuations and price volatility, which can cause the NAVPU to move upwards or downwards depending on prevailing market conditions. Any income or loss arising from such market fluctuations and price volatility is for the account of the investor. As such, units of participation of the investor in the UITF, when redeemed, may be worth more or worth less than the initial investment/contributions made. Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results. The Trustee is not and shall not be liable for any losses of the Fund, except those resulting from willful default, bad faith or gross negligence.
RCBC Trust is regulated by the Bangko Sentral ng Pilipinas. For more information, inquiries or complaints, you may call us at: 894-9870 or 894-9514 or email us at firstname.lastname@example.org. You may also file your complaints at BSP Financial Consumer Department at (632) 708-7087 or email@example.com.