Best performing Equity UITFs (YTD)
By Randell Tiongson on August 28th, 2013The equity market has been declining and virtually wiping out gains for the year. The argument by many is index funds perform better than manage funds but it seems that argument does not hold true for the Philippine situation.
Despite the massive decline of the market, 6 out of the top 10 equity UITFs was still able to post beyond 5% growth in their year-to-date performances, as of August 27, 2013.
The following are the year-t0-date results of the the top 10 Equity UITFs:
its not a uitf and its not equity but look at the 1 yr and YTD performance of FAMI fixed income fund and compare