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Metro Aspire Equity Feeder Fund

Here’s what you need to know about this fund:

Fund name:Metro Aspire Equity Feeder Fund
Investor risk profileAggressive: High potential returns for high amount of risk
Investment horizonAt least 5 years
Fund classificationPHP – Feeder
Target fundMetro Philippine Equity Index Tracker Fund
Minimum build-up periodAt least 2 years
Target fund assetsInvested in stocks that mimic the Philippine Stock Exchange Index (PSEi) composition
Minimum initial investment / maintaining balancePHP 1,000
Minimum monthly contributionIncrements of PHP 500
Regular schedule for automatic debiting of monthly contributionEvery 15th or 30th of the month (or the next banking day if it falls on a weekend or holiday)
Early redemption chargeNone
Dealing day and cut-offAny banking day, up to 12:00 PM
Redemption settlement date3 banking days after redemption
Trust feeNone (charged at target fund level)
Re-enrollment feePHP 100 (if you re-enroll after 1 month of cancelling your regular subscription plan)

What are feeder funds?

Feeder funds make investing affordably easy. Because they contain units or shares of a bigger target fund, feeder funds make funds with higher minimum investment requirements and foreign funds more accessible to everyone.

Visit your Metrobank branch to invest in this fund.

View Key Information and Investor Disclosure Statement (KIIDS)

 


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 customercare@metrobank.com.ph; 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 consumeraffairs@bsp.gov.ph. 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).