Metro Multi-Themed Equity Fund of Funds (PHP)
The Metro Multi-Themed Equity Fund of Funds allows you to use your Philippine Pesos to invest in global markets and relevant themes that have potential to gain above market returns over the long term.
Here’s what you need to know about this fund:
| Fund Name | Metro Multi-Themed Equity Fund of Funds |
|---|---|
| Fund classification | Fund of Funds - Equity |
| Fund Benchmark | MSCI ACWI Net Total Return Index (in PHP Equivalent) |
| Inception Date | August 16, 2021 |
| Base Currency | Philippine Pesos |
| Investor risk profile | Aggressive |
| Investment horizon | At least 5 years |
| Dealing day and cut-off | Any banking day, up to 12:00 PM for branch and 2:30 PM for electronic channels |
| Minimum initial investment / maintaining balance | PhP 10,000 |
| Minimum Additional Participation / Redemption Amount | PhP 1,000 |
| Minimum Holding Period | 7 calendar days |
| Trust fee | 1.50% per annum based on Net Asset Value |
| Early redemption charge | 50% of income earned from the redeemed amount |
| Redemption settlement date | 6 banking days after redemption (At end-of-day) |
| NAVPU Availability | 2 banking days after date of transaction (At end-of-day) |
| Qualified Participants | Participation in the Investor Fund shall be open to Filipino individuals, residents and non-resident aliens, and domestic corporate accounts. However, persons from United States of America (USA), Canada, India, and People’s Republic of China are not qualified to open an account. |
| Target fund/s | 1. Credit Suisse (LUX) Digital Health Equity Fund (USD) 2. Credit Suisse (LUX) Security Equity Fund (USD) 3. Nikko AM Ark Disruptive Innovation Fund (USD) 4. Franklin Technology Fund (USD) 5. Robeco Global Consumer Trends F USD 6. iShares Global Energy ETF 7. iShares MSCI ACWI ETF 8. iShares MSCI Emerging Markets ETF 9. iShares MSCI World ETF 10. The Real Estate Select Sector SPDR Fund 11. CS (Lux) Infrastructure Equity Fund EB USD 12. Consumer Staples Select Sector SPDR ETF (XLP) 13. Health Care Select Sector SPDR ETF (XLV) 14. SPDR S&P Metals and Mining ETF (XME) |
Where is the Metro Multi-Themed Equity Fund of Funds invested?
The fund will invest in Collective Investment Schemes that are focused in certain areas of the market that has the potential to generate above-market returns over the long term. Themes can be based on concepts such as digital health, disruptive innovation, digital security, technology and consumer trends.
Why should you invest in the Metro Multi-Themed Equity Fund of Funds?
The Metro Multi-Themed Equity Fund of Funds makes it more affordable and accessible for investors to diversify their Philippine Pesos to USD-denominated offshore assets. This also makes it more convenient for those who may not have the time and experience to invest, as the funds are managed by investment professionals.
Do I need to convert my pesos to US Dollars before investing in the Metro Multi-Themed Equity Fund of Funds?
No, the funds make it more convenient for you as there are no additional steps to convert your Philippine Pesos to US Dollars. The conversion of Philippine Pesos to US Dollars is done within the fund. Redemptions are also converted from US Dollars and are credited in Philippine Pesos.
What is an investment horizon?
This is the recommended amount of time you should stay invested in this fund so that you can reap its full benefit.
What is minimum holding period?
This is the period from the date of your investment where redemptions will be subject to an early redemption charge and will be deducted from your redemption proceeds.
What is dealing day?
This is when you can do transactions related to the fund. Any transactions made after the fund’s cut-off time will be processed on the next banking day.
What is redemption settlement date?
Withdrawing your investment, whether partial or in-full, is called redemption. The redemption date is when you order a redemption. Meanwhile, the redemption settlement date is when your redemption proceeds are credited to your settlement account (At end-of-day).
Additional fund information
Check the performance, governing terms and provisions, and other important details about this fund by viewing the following:
- Key Information and Investor Disclosure Statement (KIIDS)
- Declaration of Trust
- Audited Financial Statements
Unit Investment Trust Funds (UITFs) are NEITHER deposits account NOR obligations of, NOR guaranteed, NOR insured by the METROPOLITAN BANK & TRUST COMPANY or its affiliates or subsidiaries. UITFs are not covered by the Philippine Deposit Insurance Corporation (PDIC) and do not offer a guaranteed return or yield. Any income or loss arising from market fluctuations and price volatility of the securities held by the UITF, even if invested in government securities, is for the account of the investor/s. As such, units of participation of the investor/s when redeemed, may be worth more than or less than his/her initial investment/principal. Historical performance is purely for reference purposes and is not an assurance of future performance. The Trustee is not liable for investment losses unless such was incurred upon willful default, bad faith or gross negligence.
Prospective clients undergo a profiling process to determine their suitability to invest in a particular UITF based on their investment objectives and risk tolerance. Clients are advised to read the Declaration of Trust/Plan Rules of the Fund, which may be obtained from the Trustee, before making a decision to invest.
Investors in the UITF are susceptible to different kinds of risks with varying degrees depending on the underlying securities of the UITF they choose and a clear understanding of these risks must be established before any investment is made. A detailed explanation of these risks may be found in the Key Information and Investment Disclosure Statement (KIIDS) of each UITF.
Fees other than the Trust/Management Fee, such as External Audit and Custodianship Fees are described more thoroughly in the Key Information and Investment Disclosure Statement (KIIDS) of the Funds.
Metropolitan Bank and Trust Company is regulated by the Bangko Sentral ng Pilipinas (BSP). For any inquiries and complaints relating to Trust Products and Services, you may 1) call our hotline: 88-700-700, (2) send an email to [email protected]; or 3) visit/call/email your assigned Trust Sales Officer or the Branch Manager of your servicing branch. You may also file complaints at BSP Financial Consumer Protection Department at (632) 8708-7087 or [email protected]. To know your rights under BSP Circular No. 857 (Regulations on Financial Consumer Protection), please access a copy at the BSP website (www.bsp.gov.ph).
