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    BPI UITF Fees will go UP significantly.

    @jgower Hindi ata based on their announcement. You can verify it here (check attachments): https://www.bpi.com.ph/wealth/assetandwealth/news/change-in-trust-fees-for-select-uitfs-effective-february-1-2024
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    BPI UITF Fees will go UP significantly.

    @advise https://www.bpi.com.ph/wealth/assetandwealth/news/change-in-trust-fees-for-select-uitfs-effective-february-1-2024 It’s still up
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    BPI UITF Fees will go UP significantly.

    @advise Meron, they sent 3 separate emails for global, local equity, and local fixed income funds. The webpage could be down for various reasons. But it doesn’t necessarily mean a change in policy. It could be that they don’t want so much public attention to this. They should send another...
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    BPI UITF Fees will go UP significantly.

    @charlieblues Not sure abt their ALFM service. It’s not part of their mass email notice last night.
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    BPI UITF Fees will go UP significantly.

    @ivana626 Interesting! Will check this out. Thanks
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    BPI UITF Fees will go UP significantly.

    @resjudicata I was fine with paying 0.5-1% for the convenience but now I’m seriously reconsidering.
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    BPI UITF Fees will go UP significantly.

    @vpo3 Already did.
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    BPI UITF Fees will go UP significantly.

    @nathanoj Nope! Maria Theresa Marcial, the one who apparently heads this BPI unit, said before that they see their AUM TRIPLING in 5 years. The increase in BPI UITF fees are so drastic so goodluck with that...
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    BPI UITF Fees will go UP significantly.

    @englishantebellum Daily chincharge sa assets nung UITF using the daily rate nung annual trust fee (1.50%/365 days). Kaya yng daily “price” nung UITF is called a NAVPU (Net Asset Value per Unit) meaning it’s always net of fees daily.
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    BPI UITF Fees will go UP significantly.

    @j4c0b Di ba? Borderline scam. Their US Equity Index Feeder Fund charges 1.50% (new rate), the underlying fund is a low cost ETF (SPDR S&P500 ETF) which only charges around 0.10%…. So the actual global fund manager which does most of the work only costs 0.10% pero the middleman (BPI) who...
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    BPI UITF Fees will go UP significantly.

    Philippines is truly the land of middlemen. Imagine paying 1.50% of your assets for investing in a PASSIVE Index fund. So much value being sucked from your average investor for performing simple backroom transactions?? What a joke.
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    BPI UITF Fees will go UP significantly.

    @strawblonde Di ba?? Sobrang unacceptable. Especially considering BPI had really good profits in 2023.
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    BPI UITF Fees will go UP significantly.

    Effective Feb 1, 2024, BPI will increase its annual trust fees for the following funds: Fund From To Change BPI Philippine Equity Index Fund 1.00% 1.50% +0.50% BPI Philippine Consumer Equity Index Fund 1.00% 1.50% +0.50% BPI Philippine Infrastructure Equity Index Fund 1.00% 1.50%...
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