BDO EIP( Easy Investment Plan)

[jmeangeL]

^--- Yes and No

Yes, you can just dump 12K on your SA and just let it sit there, replenish it once it went below the minimum maintaining balance.  Your EIP will just get 1k from that account each month.

No, since you can also have only 2k on your SA account.  Your EIP can still get 1K from that account every month.  You'll just have to deposit some more on your SA so that EIP can get the 1K from it.

Let say, nag-open ka ng SA sa BDO for only 5K today.  Simultaneously, you also opened an EIP for a BDO Equity Fund that would debit your SA every 5th day of the month.  Since tapos na ang May 5, at meron pa naman 10days before June 5.  (10days is the minimum number of days to start the EIP auto-debit based on the date you chose and the date you execute the request)  May 16 pa lang ngayon, kaya meron pang exactly 10days before June 5.

Pagdating ng June 5, EIP will automatically withdraw 1K from your SA and use it to buy an Equity Fund.

Kaya on June 5, your SA will have a balance of 4K, while you have an Equity Fund worth 1k (equivalent sa kung ilang shares ang kayang bilhin ng 1k na iyon sa price ng Fund sa araw na bumili)

Next month, July 5, your SA will have a balance of 3K, and your Equity Fund will now have x amount of shares.

Let say maintaining balance ng SA mo ay 2K.  By July 5, 3K na lang ang laman.  Nagkaroon ka ng 2k and you deposit it to your SA.  So, magiging 5K na ulit ang balance ng SA mo.

Next month, Aug 5, bawas ulit ng 1k pambili ng fund, 4k na lang ang SA mo.

Kuha ba?

So kahit 2k lang ang pera mo ngayon, pang-open ng account tapos sa June 15 mo pa napili na magbawas ang EIP mo, pwede ka ng mag-open ng EIP.  sa June 15 babawasan nya ng 1k ang SA mo, pero since may sweldo ka at nag-deposit ng pera sa SA mo, above maintaining balance ka pa rin

[tsokolat]

nagsignup na ako nito kanina sa branch ko, sabi nun nac itetext na lang nya ako tom since wala yung manager nila. pinili ko yung 1k a month muna

[jmeangeL]

yup sis gets ko. continuous pala ang pag debit nila ng 1k/mo unless mag stop payment. upon stop payment dun lang makukuha yung ininvest plus profit if meron man?

every time that your investment fund reaches 10K, magkakaroon ka ng CoP (Certificate of Participation).  ito ang katunayan na meron kang units na pwede mo i-redeem any time.  naka-lagay din dun kung ilang unit at kung magkano per unit.

kung gusto mo i-withdraw, just bring the CoP to the bank.  i-compute nila kung magkano ang latest na NAVPU at dami ng shares mo.

ang maganda sa BDO kahit 1k pa lang ang na-ihulog mo, ibibili na nila ng unit.  kahit pa 1500 per unit ng fund.  meron kang 0.6667unit (1000/1500).   

let say, after a month mag-add ulit ng 1k.  pero by that time 1505 na ang NAVPU. bali iyong 0.6667 mo ay worth 1003pesos na (0.6667*1505), plus 1k (additional investment), magiging 2003pesos.  Iyan ang ipambibili nila ngayon ng bagong units.  Instead of having only 0.6667unit, you'll now have 1.3309 units (2003/1505).

nagsignup na ako nito kanina sa branch ko, sabi nun nac itetext na lang nya ako tom since wala yung manager nila. pinili ko yung 1k a month muna

darating ang time na mararamdaman mo, maliit lang pa lang kawalan ang 1k a month.  kung gusto mo magdagdag ng auto-debit, just go to the bank and sign another auto-debit form.  pili ka lang ulit ng date at amount na kakaltasin.  let say 20th of the month and another 1k.

pero hindi mag-add ang 2 EIP na ito.  separate sila ng bubuuin na 10K.

Paulit-ulit lang sya hanggang sa 10th investment mo.

[ampere]

paano sis kung nag-open ka 10K na agad at nag-EIP ka pa for monthly additional to your 10K investment bibigyan ka ba agad ng certificate? 

[sefy]

sis medyo naguguluhan lang ako...di ba yung monthly contribution yun yung idededuct ng BDO sa account mo...so kahit nakalagay na yung monthly contribution mo ay 1k pede kang maglagay exceeding 1k sa account mo?

[serena06]

^ yes, kasi yung 10k yung minimum nila for cop. pero kung naka-auto debit ka gaya ko,
iniipon ko muna yung cop ko (less than 10k monthly ko)  then saka ko pick up para hindi pabalik balik

[mxherr5]

sis medyo naguguluhan lang ako...di ba yung monthly contribution yun yung idededuct ng BDO sa account mo...so kahit nakalagay na yung monthly contribution mo ay 1k pede kang maglagay exceeding 1k sa account mo?

Yes pwede pero as a regular investment and not as an EIP
which means it has to be 10k at a minimum.

[sefy]

thanks medyo naliliwanagan na ko

[jmeangeL]

paano sis kung nag-open ka 10K na agad at nag-EIP ka pa for monthly additional to your 10K investment bibigyan ka ba agad ng certificate?

you can actually do this... invest agad ng 10K, bibigyan ng CoP (pero syempre may processing days) kasi hindi naman resibo lang ang CoP, galing pa sa investment head office nila

then, enroll that Trust Account to EIP for additional funding.  same thing would happen, that you would get another CoP once you've reached another 10K

EIP is just an auto-debit facility that allows poor investors like us to dabble in investments as if we are millionaires 

[bagaholic_chewy]

Yug EIP ba kelangan sa home branch mag-apply? Or pwedeng kahit saang BDO branch pwede mag-apply?

[mxherr5]

I applied in a different branch sis but they
had me submit everything that my home branch
already has, like picture, signature cards, info sheet, etc

[freelancer_babe]

Halos nakalimutan ko na ang product nilang EIP. Must arrange this one this week. Kakaopen ko ng panibagong savings account sa kanila.

Pwedeng mag-top-up ng kahit anong amount anytime diba? On top of that regular P1k minimum autodebited per month? Irregular kasi ang laki ng income ko (but I always have income per month) so I was thinking that maybe I could do additional deposits.

[jmeangeL]

^---if you're thinking of adding amounts on your EIP randomly, then NO.  That's not possible.
The EIP subscription is fixed and scheduled as such.

BUT, you can always deposit any amount, any time to your SA where the EIP gets its fund.

[mxherr5]

jmeangel is technically correct.

But you can invest OUTSIDE your EIP
hence you can invest anytime you'd like
but it would have to be a separate investment
and thus you will have to invest 10k at a minimum
(10k is the minimum for most funds)

[freelancer_babe]

Ay ganun?

I guess in my situation mas appropriate ata na ipunin ko na lang up to P10k before investing. Park it old way - through time deposit until I get the P10k required sa mga UITFs.

Thanks!

[jmeangeL]

^---nope, mas ok ang monthly kahit na 1k lang
kasi at the 1st instance na nag-debit si EIP ng 1k sa SA mo, ibibili nya na agad ito ng unit/share kaya sa kahit 1k na pera, kikita na agad ng mas malaki compared sa time deposit

kapag di mo rin sinimulan, ma-stuck ka sa indecision part kung bibili or mag-invest na ba ako or hindi every time na magkaroon ka ng 10k on-hand

what i did was start at only 1k kasi iyon lang ang sobra ko nun sa budget ko.  after finishing all bills/payments, nag-sign up ako for additional EIP subscription on a different date.

kaya ngayon 2x na nag-kakaltas si EIP sa SA ko.  ok lang, i kept the SA at 5k maintaining balance.  minsan tumaas, minsan bumaba.  basta magdedeposit lang ako sa SA every pay day.

[freelancer_babe]

I know they are better with time deposits, but I also understand the risks too.

I'm still undecided whether to opt for 1k sa EIP or do it the old way as I have described above. Kasi ang maganda nga naman, mabibili na kasi agad ng unit or share.

But that's interesting. 2 EIP. Magkaiba ba ng type of accounts (one equity and probably the other balanced) kaya ka nag-open ng dalawa?

Tingin sa situation ko isa lang ang makakaya ko because there's still this risk sa mga freelancers na tulad ko - na possible na mawalan akong income especially when sick. Almost anything autodebited from my account doesn't work for me. Para akong stock market na nagflafluctuate ang income, hehe. Pero sabagay di rin naman mabigat ang 1k per month for just one. Let's see.

I just wish na sana pwede in the future ang top up sa EIP para simplified lang ang financial account ko sa mga UITF. It can be cumbersome to keep track of several financial accounts listed for a specific financial goal.

[bagaholic_chewy]

Another question po.. Ikaw ba pipili kung sang UITF ilalagay ang investment mo? O sila na bahala? Nakalagay kasi to sa website:

 "Underlying Investment:   
 The following Unit Investment Trust Funds (UITFs) are available through the EIP:
* BDO Peso Money Market Fund (PMMF)
* BDO Peso Fixed Income Fund (PFIF)
* BDO Peso Balanced Fund (PBAL)
* BDO Equity Fund (EQUITY)
"

If tayo pipili, which is better kaya among the four listed above?

[sleepy_grfld]

interested..will visit a branch soon..thanks for the info.

[jmeangeL]

I know they are better with time deposits, but I also understand the risks too.

I'm still undecided whether to opt for 1k sa EIP or do it the old way as I have described above. Kasi ang maganda nga naman, mabibili na kasi agad ng unit or share.

But that's interesting. 2 EIP. Magkaiba ba ng type of accounts (one equity and probably the other balanced) kaya ka nag-open ng dalawa?

Tingin sa situation ko isa lang ang makakaya ko because there's still this risk sa mga freelancers na tulad ko - na possible na mawalan akong income especially when sick. Almost anything autodebited from my account doesn't work for me. Para akong stock market na nagflafluctuate ang income, hehe. Pero sabagay di rin naman mabigat ang 1k per month for just one. Let's see.

I just wish na sana pwede in the future ang top up sa EIP para simplified lang ang financial account ko sa mga UITF. It can be cumbersome to keep track of several financial accounts listed for a specific financial goal.

2 EIP for the same fund.  Fixed Income
1k every 15th and 5k every 30th

Another question po.. Ikaw ba pipili kung sang UITF ilalagay ang investment mo? O sila na bahala? Nakalagay kasi to sa website:

 "Underlying Investment:   
 The following Unit Investment Trust Funds (UITFs) are available through the EIP:
* BDO Peso Money Market Fund (PMMF)
* BDO Peso Fixed Income Fund (PFIF)
* BDO Peso Balanced Fund (PBAL)
* BDO Equity Fund (EQUITY)
"

If tayo pipili, which is better kaya among the four listed above?

you'll choose.  10k ang starting ng Money Market, the rest are 1k
here they are in a nut shell.  pili ka according sa personality at goal mo, huwag sa kung gaano ba ito kabilis kumita.  remember ang investment parang negosyo, pwedeng malugi ka

* BDO Peso Money Market Fund (PMMF) - super safe at mabagal, parang time deposit without the too long withholding period
* BDO Peso Fixed Income Fund (PFIF) - relatively safe.  more than time deposit or SDA
* BDO Peso Balanced Fund (PBAL) - half and half.  half bond (safe), half equity/stocks (risk)
* BDO Equity Fund (EQUITY) - 100% equity/stock (take your risk)