Automated Investing
The RSP’s auto-debit facility makes it easy for you to schedule and execute regular investments in SB Funds.
Cost Averaging
Spread your cost between the highs and lows of the market.
Convenient Transactions
Enroll online or in-branch, then enjoy peace of mind knowing you are investing consistently.
Overview
The SB Unit Investment Trust Fund – Regular Subscription Plan (RSP) allows you to automate top ups to your investments on your chosen dates, so you can invest consistently without having to visit the branch.
- Set automatic contributions to your SB Fund/s investment/s, up to 2x per month on your preferred schedule.
- Enjoy top-ups for a minimum of PHP1,000* or as low as USD100** Dollar Denominated SB Funds.
- Enjoy zero enrollment and cancellation charges.
*PHP1,000 for SB Peso Cash Management Fund
**USD100 for SB Dollar Bond Fund
Features
Â
| Minimum Set Amount |
Minimum of: – PHP1,000 for SB Peso Cash Management Fund – PHP5,000 for other Peso-denominated SB Funds – USD100 for SB Dollar Bond Fund – USD500 for Dollar Feeder Funds |
| Frequency | Maximum of 2 dates per month for contributions to be automatically debited from your account* |
*If the date falls on a holiday, weekend or a non-banking day, your account will be debited on the next banking day.
How to enroll in the Regular Subscription Plan
3
Choose your preferred dates for contribution
You can set up to two (2) dates per month.
4
Submit the filled-out form to your branch of account
What the Regular Subscription Plan does for you
Then
You had to sign the Money Transfer Application Form (MTAF) every time you topped up your UITF investments.
Now
Once you are enrolled in the RSP, you can top up your investments without signing and submitting the MTAF. The RSP form is valid for up to 3 years.
Frequently Asked Questions
1. How can I enroll in the SB UITF-RSP?
The RSP Enrollment Form may be downloaded from the corporate website by clicking here. You may also visit your SBC branch of account and request for an RSP enrollment form. Fill out the form, affix your signature and submit to the designated UITF Sales Person or Branch Customer Advisor.
2. Can I nominate another deposit account where the scheduled subscription will be debited?
Your scheduled top-ups will only be debited from your SB UITF’s designated settlement account.
3. Can I immediately enroll in RSP upon account opening?
Yes. You just need to accomplish the RSP enrollment form in the UITF Account Opening Kit.
4. What will happen to my scheduled top-up if my CASA is insufficiently funded?
The scheduled top-up will not push through. The next subscription will be attempted on the next scheduled top-up date. No penalty charges will be deducted to your account on failed subscriptions.
5. Will I be notified of each RSP subscription?
Yes. Confirmation of Participation (COP) will be issued via email every successful top-up/subscription (same process with manual top-ups).
6. What will trigger the automatic cancellation of my RSP enrollment?
If your CASA is unfunded/ insufficiently funded for 5 consecutive scheduled subscription dates.
7. How can an investor compare the performance of the trustee versus other trust entities?
All trust entities offering UITF products are required to publish the fund’s prevailing NAVPU as well as the year-on-year and the year-to-date return on investment in major dailies at least once a week. The investor should, however, compare performance of products with similar investment parameters for a more objective evaluation.
8. What will happen if my scheduled subscription date falls on a holiday, weekend, or non-banking day?
Your CASA will be debited on the immediately next banking day. For example:
RSP Date: May 30 – Holiday; debit will be on June 1.