Duration 5 Days – 5 hrs.

 

Overview

This intensive review program is designed to prepare participants for the Unit Investment Trust Fund (UITF) Certification Program (UCP) by reinforcing key concepts, sharpening analytical skills, and simulating actual exam conditions.

 

This proposed schedule is designed to maximize retention for the UITF Certification Program (UCP) by grouping technically heavy modules with process-oriented ones. The priority is to ensure that the Trainees meet the 75% passing average and the 60% minimum per module required for accreditation.

 

The program integrates concept mastery, computation drills, regulatory understanding, and practical application through mock exams and guided coaching. By combining theory with exam-focused strategies, participants will be equipped with the confidence and competence needed to successfully pass the UCP certification.

 

Objectives 

• Reinforce core knowledge across all UCP modules
• Apply investment concepts across different asset classes
• Perform key UITF-related calculations (e.g., NAVPU, ROI, performance ratios)
• Understand and interpret BSP regulations and compliance requirements
• Apply ethical principles and professional standards in UITF operations
• Align client profiles with appropriate UITF products
• Develop effective test-taking strategies for UCP certification
• Achieve readiness to meet:
  • At least 75% overall passing average
  • Minimum of 60% score per module

  

Target Audience 

• UITF Sales Officers / Relationship Managers
• Trust Officers and Investment Specialists
• Bank Personnel handling investment products
• Financial Advisors preparing for UCP Certification
• Compliance and Risk Officers in investment-related roles

 

Prerequisites 

• Basic understanding of financial markets and investment products
• Familiarity with banking or trust operations is an advantage
• Prior exposure to UITF concepts is recommended but not required

 

Course Outline

 

Day 1: The Core Foundations (60 minutes) 

Module 1: Fundamentals of Investments (25 minutes) 

• Asset Class Mastery
  • Distinguishing Cash, Fixed Income, and Equities
• Risk Deep Dive
  • Credit Risk
  • Liquidity Risk
  • Sovereign Risk
• Liquidation Hierarchy
  • Order of claims: Secured Creditors → Preferred Shareholders → Common Shareholders

 

Module 2: UITF Products & Valuation (35 minutes) 

• Structure Identification
  • Feeder Funds
  • Fund-of-Funds
  • Multi-class Funds
  • Distributing Funds
• Technical Drills
  • Net Asset Value per Unit (NAVPU) computation
  • Return on Investment (ROI)
• Performance Metrics
  • Sharpe Ratio (risk-adjusted return)
  • Information Ratio (benchmark comparison)

 

Day 2: Rules of Engagement (60 minutes) 

Module 3: Regulations & Operations (35 minutes) 

• Regulatory Framework
  • Key BSP Circulars governing UITFs
• Compliance Limits
  • 15% Single Entity Exposure Limit
  • Exceptions and breach handling
• Required Documentation
  • Client Suitability Assessment (CSA)
  • Participating Trust Agreement (PTA)
  • Risk Disclosure Statement (RDS)
  • Key Information and Investment Disclosure Statement (KIIDS)
• Consumer Rights
  • Cooling-Off Period

 

Module 4: The Sales Process (25 minutes) 

• Client Profiling
  • S.H.O.R.E. Framework
    • Size
    • Horizon
    • Objective
    • Risk Profile
    • Experience
• Classification Matching
  • Conservative vs Moderate vs Aggressive investors
• Marketing “Don’ts”
  • No guaranteed returns
  • UITFs must not be presented as deposits

 

Day 3: Integrity & The Mock Exam Preparation (30 minutes)

Module 5: Code of Conduct & Ethics (30 minutes) 

• Cardinal Principles
  • Prudent Administration
  • Undivided Loyalty
  • Fidelity
• Conflict Management
  • Chinese Wall concept
• Best Execution
  • Ensuring optimal trade outcomes for clients
• Ethics Case Discussions
  • Real-world UITF scenarios

  

Day 4: Simulation Readiness – UCP Mock Exam (120 minutes) 

• Full-Length Simulation
  • 100-question multiple-choice exam
  • 20 questions per module
• Exam Conditions
  • Timed environment
  • Pressure simulation
  • No assistance policy

 

Day 5: Results Analysis & Final Coaching (60 minutes) 

Focus: Mock Exam Review & Final Preparation

• Performance Diagnostics (20 minutes)
  • Identification of weak modules (<60%)
  • Strength analysis
• Conditional Pass Rule
  • Understanding retake requirements per module
• Troubleshooting Technicals (30 minutes)
  • Step-by-step NAVPU calculations
  • Sharpe and Information Ratio clarification
• Regulatory Clarifications
  • Handling breaches and compliance scenarios
• Final Exam Strategies (10 minutes)
  • Time management techniques
  • Question elimination methods
  • Key concept recall techniques
• Retake Policy Guidance
  • 2-week cooling-off period
  • Module-specific retake strategy