Correct me if i'm wrong, I know related ang UITF sa Stocks
Last Year, Started UITF something offered to me by ******* Bank. Cash in Started by 10K,10K,20k,5K,5K ang changed it by auto debit of 5K per month, currently I stopped this because the market is down and i have the lowest number of incoming clients in my work which is understandable because of COVID-19. So i stopped my UITF and Auto Debit because my UITF gain/losses is now at @-20K .
Last Year, Started UITF something offered to me by ******* Bank. Cash in Started by 10K,10K,20k,5K,5K ang changed it by auto debit of 5K per month, currently I stopped this because the market is down and i have the lowest number of incoming clients in my work which is understandable because of COVID-19. So i stopped my UITF and Auto Debit because my UITF gain/losses is now at @-20K .
Falls along the same category with mutual funds (I guess?), but not all UITF are related to stocks.
I think alam ko yung bangko na tinutukoy mo though I could be wrong. Lately, UITFs are under-performing kahit anong bank provider pa man yan due to the stoppage of regular economic activities. Good thing na itinigil mo muna for the mean time since mag-accumulate lang ang losses mo over time kung tumagal pa ang problema sa pandemiyang ito.
Sa mga nagdedecide if gusto nilang mag invest sa stocks, I highly suggest na mag invest na kau ngaun and if hindi nyo pa alam mag trade mas maganda if sa blue chips ang bilhin nyo like JFC, ALI, RLC, MEG, MER etc. Sale lahat ng mga stocks ngaun base sa isang stock market trader. This is the perfect time to buy if long term ang tingin mo habol mo sa stocks 
Don't get me wrong, but blue chip stocks are only worth investing to kapag malaki laki na ang maipapasok mong pera dito. Most of the time, 1-2% movement lang ang nangyayari sa ganitong mga stocks kada araw given na highly-established na ang mga companies involved plus stable naman yung mga kumpanya. My brother's strategy though is kinda different: madalas siyang on the lookout for newly-listed stocks sa market, especially startups at ipinapasok niya ang pera don. He's made quite a fortune by doing this for years kaya sa kanya ko ipinahandle yung stock market endeavors ko nung nabusy na ako sa business at sa lab works.