BSP Allows Unit-paying UITFs

Posted 1 CommentPosted in Investments, Suggested Readings, Dividends, UITF / Mutual Funds, Personal Finance

With this development, soon there will be UITFs that provide passive income via dividends, without the need for Juan to redeem his investment principal. So Juan can just hold on to his principal, enjoy the capital appreciation, while reaping the unit-payment income on the side.

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