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UITF Account Opening Form
UITF Account Opening Form
1. This form may be used by any BPI/ BPI Family Bank accountholder who intends to invest in
investment funds.
2. Prior to opening an investment fund account, a settlement account, i.e. a BPI/ BPI Family Bank
deposit account is required.
3. Client may or may not be an existing BPI Express Online (EOL) user. A client may enroll his/ her
deposit account in BPI Express Online, and thereafter, his investment fund account once s/he is an
EOL registered user. Enrollment of the investment fund account in EOL is necessary to gain access
to your investment fund account online.
4. The electronic Statement of Account (SOA) are viewable online and the electronic Transaction
Advice/s are sent through the client’s BPI EOL registered email address. Printed statements are
provided only upon request and may be subjected to fees.
IMPORTANT INSTRUCTIONS
1. Print, fill out and sign the succeeding account opening documents.
2. Submit these documents to your preferred BPI/ BPI Family Bank branch. Visit
http://www.bpiexpressonline.com/ to find the branch nearest you.
IMPORTANT DISCLOSURES
THIS IS NOT A DEPOSIT PRODUCT. EARNINGS ARE NOT ASSURED AND PRINCIPAL
AMOUNT INVESTED IS EXPOSED TO RISK OF LOSS. THIS PRODUCT CANNOT BE
SOLD TO YOU UNLESS ITS BENEFITS AND RISKS HAVE BEEN THOROUGHLY
EXPLAINED. IF YOU DO NOT FULLY UNDERSTAND THIS PRODUCT, DO NOT
PURCHASE OR INVEST IN IT.
(c) I/ The company have other sources of liquidity and do not see a real need to use funds for
the next 5 to 10 years.
CLIENT SUITABILITY ASSESSMENT I/ The company have other sources of liquidity and do not see a real need to use funds for
the next 10 years.
OBJECTIVE: The Client Suitability Assessment (CSA) is being conducted to help our UITF Certified B. Risk Appetite
Marketing Personnel determine your understanding of the risks related to investing. Our UITF Certified 1. Investment Knowledge and Experience
Marketing Personnel shall: a. What is your/ the company’s knowledge and experience on investments?
1) Make a reasonable inquiry as to your financial situation, investment experience and investment (a) Minimal. I/ The company know bank deposits, T-bills and money market placements.
objectives prior to making any investment recommendations, and shall update this information as (b) Low. Outside deposits and short term government securities, I/ the company have
necessary; experience investing in money market funds, corporate bonds and fixed income bonds.
2) Consider the appropriateness and suitability of investment recommendations or actions for you; (c) Medium. I/ The company have experience investing in mutual funds, UITFs, foreign
3) Make a recommendation only if he/she reasonably believes that the recommendation is suitable to your currencies and direct investment in listed stocks and bonds.
financial situation, investment experience, and investment objectives. (d) High. I/ The company have an extensive experience in investing and have a broad
understanding of the domestic and global capital markets in general.
WARNING: The client is hereby informed that if the client does not provide sufficient information required b. How many years of experience have you/ the company had investing in securities, either directly
in the CSA more particularly, the client's financial knowledge and experience, BPI Asset Management and or through a fund manager?
Trust Corporation (BPI AMTC) is not in a position to accurately determine whether the recommended
1 year or less
product is appropriate to the client given the limited information available.
More than 1 year up to 5 years
More than 5 years up to 10 years
PART I: Basic Information (d) More than 10 years
A. Client Name ____________________________________________ 2. Risk Tolerance
a. What is your/ the company’s tolerance for risk?
; for update) (a) I/ The company accept steady and minimal returns without any fluctuation in the principal
amount of my/its investments.
Reference: FDS Customer No.* _____________________________
I/ The company accept minimal fluctuations in the principal amounts of my/its investments for
* To be filled-out by the UITF Certified Marketing Personnel commensurate returns.
B. Composition of Client’s Total Investments I/ The company accept a fair amount of fluctuation in the principal amount of my/its
investments in order to achieve above average returns and capital growth over the medium
term.
Percentage to Total I am/ The company is prepared for a high degree of volatility and possibly losses in the
1. By Type of Investment
Investment principal amount of my/ its investment for certain periods in order to achieve high returns or
capital growth over a period of 5 years or more.
b. If the value of your portfolio decreased by 20% in one year, how would you react?
a. Bank Deposits, T-Bills
I/ The company will be very concerned and will immediately put my/ its investment back to
cash (i.e. in the form of deposits and/or short term government securities).
b. Short Term Fund / Money Market Funds I/ The company will be very concerned and will find safer investment outlets, which are not
necessarily cash.
I/ The company will be concerned and will review the aggressiveness of my/ its portfolio.
c. Government Bonds, Retail Treasury Bonds, T-Notes
I/ The company will NOT be concerned about the short-term fluctuation of certain
investments in my/ its portfolio.
d. Long-term Negotiable Certificates of Deposit (LTNCDs),
Corporate Bonds and Notes, Tier 2 Capital c. What is your/ the company’s average net worth for the last 2 years?
P5M (USD100,000) and below
e. Fixed Income / Bond Funds (M2M Unit Investment Trust Funds Over P5M (USD100,000) up to P30M (USD600,000)
(UITFs) / Mutual Funds (MFs) Over P30M up to P60M (USD1.2M)
Over P60M
f. Balanced Funds (M2M UITFs / MFs ) Part III: Risk Rating (To be accomplished by the UITF Certified Marketing Personnel)
TOTAL 100%
Client Suitability Results - Risk Profile
SECTION II – INDIVIDUAL ACCOUNT Beneficial Owners (if any) Source of Funds Nature of Business
1. Last Name, First Name M.I. (Primary Trustor) Gender Authorized Person(s)/Position(s)
1. ______________________________________________
Birthdate mm/dd/yyyy Place of Birth Nationality
2. ______________________________________________
Marital Status Educational Attainment TIN/SSS/GSIS/Other IDs
3. ______________________________________________
Employment Status Source of Income/Funds Contact Number
4. ______________________________________________
Employer/Business/Previous Employer’s (if retired) Name & Address
Investment Account Mailing Address:
Nature of Employer’s or your business Occupation/ Position in Company
Permanent Address
Telephone No. Mobile No. Fax No.
Permanent address is same as Present address
3. ___________________________ 3. __________________________
___________________________ ________________________
Date signed
*NOTE: Please affix signature/s on both Original (Bank) and Duplicate (Client) copies