UITF vs. Mutual Funds

[neshem]

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i think ur pertaining to mutual fund capital gain na walay tax..That's because the fund is already taxed whenever it acquires or sells securities. so naa ghapon tax.
VAT is applied on the sale load. if mag inter fund transfer pod ka, subjected to documentary stamp tax..

so na curious lang ko inyo giingon na walay tax less than 5 years nimo ang certificate.

[Metz]

sure ka bro wala tax anang mga equity fund? wala naka charge apil sa selling charge? sko nahibaw an ma free ka sa tax if ibaligya nimo nimo after 5 years and 1 day gkan sa imo pagpalit..if u want to discuss pwede man cguro dri na lang, para mas daghan makahibalo.

ang tax nahibal-an nako naa raman sa entry fee. after ana walay nay tax.
even if dili mo abot ug 5 yrs.

[neshem]

ahh ok bro..ako pod dili sure. ^^
anyway, walay naka sulay dri sa bpi fixed income?

[lorenzoleo]

Upon redemption of your funds, walay tax. Maoy naka nindot pud ani, pang tax sheild pud sa imung dako nga kwarta.

[neshem]

Upon redemption of your funds, walay tax. Maoy naka nindot pud ani, pang tax sheild pud sa imung dako nga kwarta.

yes wala, kay i believe nakabutang na sa management fee na every year, correct me if im wrong.
everytime u buy and sell stock naa tax, then ang mutual fund nga nag buy and sell stock na taxan gyud cya dba..nakabutang na cya sa NAV or sa management fee.

gawas kung sa mga municipal bond naka park kay walay tax, as far as i know.

[honey2723]

there are different forms of taxes...

I think what you're implying nga dili ma-"taxan" ang MF is the withholding tax (the 20% mga savings and TDs). There is another form of tax (wherein I forgot the name) nga na-charge na sa MF but net na sa NAV... And since dili pud pwede double taxation, maong wala nay withholding tax ang MF... But if investor would prematurely exit this world, then that's another form of tax... Estate Tax... hehe

Basta daghang tax diri sa ato-a.. Sure nuon ko nga walay withholding tax ang MF compared to savings and TDs. As to UITFs... hmmmm? thinking mode...

[neshem]

ahehe..in short honey2723, ma naay tax or wala, m sure gibutang na na sa management fee. ^^

ask na lang ko ninyo guys, if mag interfund transfer(within the company) like from equity to money market naa ghapon load sale? or doc stamp tax? or free? if free pila ka moves allowed sa isa ka tuig?

[wealthyhead]

ahehe..in short honey2723, ma naay tax or wala, m sure gibutang na na sa management fee. ^^

ask na lang ko ninyo guys, if mag interfund transfer(within the company) like from equity to money market naa ghapon load sale? or doc stamp tax? or free? if free pila ka moves allowed sa isa ka tuig?

i guess it's free

[Metz]

ahehe..in short honey2723, ma naay tax or wala, m sure gibutang na na sa management fee. ^^

ask na lang ko ninyo guys, if mag interfund transfer(within the company) like from equity to money market naa ghapon load sale? or doc stamp tax? or free? if free pila ka moves allowed sa isa ka tuig?

di ko sure ani, kay once you open an account chargean naka ug 2% but specific ra to the fund you invested in. for example equity fund imo gi-open, mao ranay naa under your name, and if you want another, like a bond fund or balanced fund, then request napud ka to open.

[dleniako]

It was Novemebr 16, 2010 that I talked one of the istoryans here sa SM. He said to me that "Gamay ang tubo sa Money kung mag UITF ka compare sa MF. because what I posted a while ago...you don't buy shares sa UITF instead you buy unit investment.TF is not also covered by PDIC.

I hope that what I posted here in this thread would help you guys.

insured d.i ang MF sa PDIC?