THE FIRST AND ONLY EXCHANGE-TRADED FUND IN THE COUNTRY
FIRST METRO EQUITY EXCHANGE-TRADED FUND
First Metro Equity Exchange-Traded Fund (FMETF) provides a diverse, transparent and tradable investment option for that suits any type of investor.
It is designed to track the Philippine Stock Exchange Index (PSEi), making it a cost-efficient way of diversifying your portfolio, allowing investors access to a broader market.
|Inception Date||December 2, 2013|
|Currency||Philippine Peso (Php)|
|Risk Profile||Moderate to Aggresive|
|Initial Number of Shares||10,000|
|Transfer Agent||Metrobank Trust Banking Group|
|Custodian Bank||The Hongkong and Shanghai Banking
Corporation Ltd (HSBC)
|External Auditors||Sycip, Gorres, Velayo and Company
(SGV & Co.)
|Management Fee||0.50% per annum|
WHY INVEST IN EXCHANGE-TRADED FUND
Transparency – Investors are provided with transparency in terms of ETF’s holdings, price and costs in real-time. Full portfolio disclosures are open to the public. FMETF has a dedicated website for more information – www.firstmetroetf.com.ph
Liquidity – Investors can buy and sell ETF in the stock exchange/market during trading hours.
Diversification – Investors can hold a basket or group of securities providing instant diversification. Diversification, as the term suggests, is one great way to minimize risk when it comes to investing.
Flexibility – Investors can better maximize their earning potential since ETF trades at a price that is updated throughout the day.
Cost effectiveness – Investors can now own shares included in the PSEi at a fraction of a price giving every Juan a chance to build wealth over time.