Metrobank PERA Money Market Fund

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 Money Market Fund, investors can grow their retirement fund through a diversified portfolio of short-term money market instruments and fixed income securities which are tax-exempt in accordance with the law.

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

Fund NameMetrobank PERA Money Market Fund
Investor Risk ProfileModerate: Medium amount of risk for medium potential returns
Investment HorizonAt least 6 months
Fund ClassificationMoney Market
Fund AssetsDeposits and special savings with local banks/branches of foreign banks operating in the Philippines, deposits and other evidences of indebtedness by the Bangko Sentral ng Pilipinas (BSP),Government Securities, Corporate Bonds, loans arising from Repurchase Agreements (Repos), and other investments allowed under regulations issued by the BSP
Minimum Initial Participation / Maintaining Balance5,000.00
Minimum Additional Participation / Redemption Amount5,000.00
Minimum Holding Period7 days
Early Redemption Charge50% of total income earned from the redeemed amount
Redemption Settlement Date1 banking day after redemption
Trust Fee0.50% 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. To invest in Metrobank’s PERA funds, you may visit Seedbox, ATRAM’s online investment platform or email pera.support@seedbox.ph.

We have partnered with ATRAM Trust Corporation to bring you 3 PERA UITFs—the Metrobank PERA Money Market Fund, and the Metrobank PERA Equity Fund.

The Benefits

The Metrobank PERA Money Market Fund aims to grow the funds in your PERA account by investing it in a diversified portfolio of peso-denominated money market instruments and fixed income securities which are tax-exempt in accordance with the PERA law. Expand your portfolio today through this PERA investment UITF product.

Talk to us at Metrobank to get started.

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