PERA, short for Personal Equity and Retirement Account, is a voluntary retirement account that was signed into law on August 22, 2008, under the Republic Act No. 9505.
With the Metrobank PERA Equity Fund, investors can achieve investment returns that track the performance of the Philippine Stock Exchange Index (PSEi). Gains from this equity index fund are tax-exempt in accordance with the PERA law.
Here’s what you need to know about this fund:
|Fund Name||Metrobank PERA Equity Fund|
|Investor Risk Profile||Aggressive: High potential returns for high amount of risk|
|Investment Horizon||At least 5 years|
|Fund Assets||Equities comprising the PSEi and Deposits|
|Minimum Initial Participation / Maintaining Balance||5,000.00|
|Minimum Additional Participation / Redemption Amount||5,000.00|
|Minimum Holding Period||30 days|
|Early Redemption Charge||50% of total income earned from the redeemed amount|
|Redemption Settlement Date||3 banking days after redemption|
|Trust Fee||1.00% p.a. based on Net Asset Value (NAV)|
What is PERA?
Personal Equity and Retirement Account (PERA) is a voluntary retirement account, where you can take advantage of its tax-free benefits to supplement your retirement fund.
As a product provider, Metrobank offers various PERA funds that are available through an accredited PERA administrator. We have partnered with ATRAM Trust Corporation to bring you 3 PERA UITFs investment products—the Metrobank PERA Money Market Fund, the Metrobank PERA Bond Fund, and the Metrobank PERA Equity Fund. To invest in Metrobank’s PERA funds, you may visit Seedbox, ATRAM’s online investment platform or email email@example.com.
The Metrobank PERA Equity Fund aims to grow the funds in your PERA account by investing in a diversified portfolio of equities listed at the Philippine Stock Exchange (PSE) which are tax-exempt according to the PERA law. Expand your portfolio today through PERA funds.
Talk to us at Metrobank to get started.