BPI Wealth, the asset and wealth management arm of Ayala-led Bank of the Philippine Islands (BPI), has announced a reduction in the minimum investment amount for Unit Investment Trust Funds (UITFs) from Php 10,000 to Php 1,000 effective June 1, 2023. This move aims to make investing more accessible to Filipinos, particularly those just starting to build their portfolios. It also aligns with BPI's mission of promoting financial inclusion.
BPI Wealth President and CEO Maria Theresa Marcial said, “The company believes everyone deserves a chance to grow their wealth and secure their financial future. With lower minimum amount for UITFs, BPI Wealth is making investing easier and more inclusive.”
As part of its broader efforts to democratize access to financial services and create more opportunities for Filipinos to participate in the country's economic growth, BPI Wealth has launched several initiatives, including a fully digital account opening process thru BPI Online or BPI Mobile app.
Access to the Philippines’ Best Asset Manager
For as low as Php 1,000, Filipino investors can now access the wide range of investment products offered by BPI Wealth, awarded Best Asset Manager in the Philippines for the 7th consecutive year by the International Finance Awards in 2022.
BPI Wealth was selected based on its outstanding performance, leadership, and innovation in asset management.
"We are honored to receive this award for the seventh consecutive year since 2016," said Marcial. "The award affirms our commitment to provide our clients with world-class wealth management solutions and to consistently deliver outstanding investment results".
The International Finance Awards recognize and celebrate excellence across the global finance industry. The awards program evaluates companies based on their performance in terms of net profit, assets raised, new funds launched, investor benefits, fund impact, profitability, and quality of market research.