THE FIRST 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)|
|Initial Number of Shares||10,000|
|Transfer Agent||Metrobank Trust Banking Group|
|Custodian Bank||Citibank Philippines|
|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.
For FMETF Stockholders as of August 10, 2020, please click above link to be redirected to the 2020 Annual Stockholders Meeting announcement. The 2020 Annual Stockholders Meeting of First Metro Exchange-Traded Fund Inc. will be conducted virtually on September 17, 2020 at 2:00p.m. via Zoom.