Philippine UITF Performance 2017

The market recovered in 2017 registering a 25.11% upside. If you have invested in index funds in the past year, you'd be alright, theoretically. In fact, equity funds registering high returns were those tracking the index. That was inversely true last year when the whole market was down. If we have to draw a conclusion from that observation, we can say that index funds tend to overperform on an up market while dividend-focused funds best perform on a down market. But then again, past performance does not guarantee future results.

Equity Funds

Rank	Bank	Fund Name	ROI	Previous Rank
1	Security Bank Corporation	SB PESO EQUITY FUND	27.52%	27
2	Metropolitan Bank & Trust Co.	Metro PSEi Tracker Fund	25.68%	15
3	ATRAM Trust Corporation	ATRAM Philippine Equity Smart Index Fund	25.10%	N/A
4	Security Bank Corporation	SB PHILIPPINE EQUITY INDEX FUND	24.94%	25
5	Metropolitan Bank & Trust Co.	Metro Aspire Equity Feeder Fund	24.91%	19
6	Philippine National Bank	PNB EQUITY FUND (formerly AUP EQUITIES FUND)	24.77%	36
7	Union Bank	UnionBank Philippine Equity Index Tracker Fund Portfolio	24.76%	12
8	BPI Asset Management and Trust Corporation	BPI Philippine Equity Index Fund	24.56%	17
9	BDO Unibank, Inc.	BDO EQUITY INDEX FUND	24.55%	18
10	United Coconut Planters Bank	UCPB Philippine Index Equity Fund	24.43%	23
11	Philippine Bank of Communications	VALUE EQUITY FUND	24.32%	34
12	BPI Asset Management and Trust Corporation	BPI Equity Value Fund	24.08%	22
13	BPI Asset Management and Trust Corporation	BPI Philippine High Dividend Equity Fund	23.69%	27
14	Asia United Bank	Equity Investment Trust Fund	23.41%	9
15	Security Bank Corporation	SB HIGH DIVIDEND PESO EQUITY FUND	23.22%	4
16	Metropolitan Bank & Trust Co.	Metro Equity Fund	22.57%	32
17	BDO Unibank, Inc.	BDO INSTITUTIONAL EQUITY FUND	22.18%	11
18	BPI Asset Management and Trust Corporation	Odyssey Philippine Equity Fund	21.63%	29
19	China Banking Corporation	China Bank High Dividend Equity Fund	21.63%	3
20	BDO Unibank, Inc.	BDO PERA EQUITY INDEX FUND	21.40%	N/A
21	China Banking Corporation	CBC EQUITY FUND	21.40%	8
22	United Coconut Planters Bank	UCPB Equity Fund (Formerly United Equity Fund)	21.03%	37
23	Philippine National Bank	PNB ENHANCED PHIL-INDEX REFERENCE FUND	20.54%	21
24	BPI Asset Management and Trust Corporation	Odyssey High Conviction Equity Fund	20.50%	30
25	Rizal Commercial Banking Corporation	RIZAL EQUITY FUND	20.32%	5
26	BDO Unibank, Inc.	BDO EQUITY FUND	20.14%	14
27	United Coconut Planters Bank	UCPB High Dividend Fund	19.70%	33
28	Union Bank	UnionBank Large Capitalization Philippine Equity Portfolio	19.15%	20
29	AB Capital	AB CAPITAL EQUITY FUND	18.87%	31
30	Metropolitan Bank & Trust Co.	Metro High Dividend Yield Fund	18.75%	26
31	Union Bank	UnionBank Dividend Play Equity Portfolio	18.70%	10
32	BDO Unibank, Inc.	BDO ESG EQUITY FUND	17.74%	7
33	Philippine National Bank	PNB HIGH DIVIDEND FUND	13.48%	6
34	BDO Unibank, Inc.	BDO SUSTAINABLE DIVIDEND FUND	4.90%	1
35	BDO Unibank, Inc.	BDO FOCUSED EQUITY FUND	3.75%	2

Balanced Funds

Rank	Bank	Fund Name	ROI	Previous Rank
1	China Banking Corporation	CBC BALANCED FUND	14.62%	5
2	United Coconut Planters Bank	UCPB Balanced Fund (Formerly United Balanced Fund)	13.45%	16
3	Union Bank	UnionBank Peso Balanced Portfolio	13.29%	12
4	Rizal Commercial Banking Corporation	RIZAL BALANCED FUND	13.28%	4
5	Metropolitan Bank & Trust Co.	Metro Balanced Fund	12.94%	10
6	BPI Asset Management and Trust Corporation	BPI Balanced Fund	12.42%	7
7	Metropolitan Bank & Trust Co.	Metro Aspire Balanced Feeder Fund	12.19%	14
8	Philippine National Bank	PNB BALANCED FUND (formerly PNB PRESTIGE BALANCED FUND)	11.57%	15
9	BPI Asset Management and Trust Corporation	Odyssey Diversified Balanced Fund	11.18%	11
10	Security Bank Corporation	SB PESO ASSET VARIETY FUND	10.55%	9
11	AB Capital	AB CAPITAL BALANCED FUND	10.03%	13
12	BPI Asset Management and Trust Corporation	Odyssey Diversified Capital Fund	6.54%	8
13	Robinsons Bank	RBank Balanced Fund	4.88%	2
14	Robinsons Bank	RBank Tax-Exempt Retirement Fund (A Balanced UITF)	2.90%	19
15	Philippine Bank of Communications	BEST BALANCED FUND	2.41%	6
16	BDO Unibank, Inc.	BDO PESO BALANCED FUND	0.04%	1

Source: PH UITF