Prices 2019 - Uitf, How to invest in unit investment trust funds (uitf, What are unit investment trust funds or uitf? a unit investment trust fund (uitf) is a collective investment scheme typically offered by banks. “collective investment” means money from various investors are pooled together into and invested as one fund to achieve a specific investment objective.. Bpi uitf faqs, A uitf is an open-ended pooled trust fund denominated in pesos or any acceptable currency, which is operated and administered by a trust entity in accordance with the established plan rules of the fund and made available by participation.. How to invest online in philippine unit investment trust, Uitf in a nutshell. i have shared in a previous post how you can invest in a mutual fund online. read here>> how to invest in philippine mutual funds online. uitf operates the same as mutual fund investing wise, except that the fund is managed by a bank in uitf, as opposed to a separate investment company managing a mutual fund..