Metro Aspire Balanced Feeder Fund
The Metro Aspire Balanced Feeder Fund is a balanced feeder fund that is invested in a combination of bonds and stocks. This fund makes it more affordable to access the fund’s target fund, while building the habit of investing regularly.
If you’re interested in investing through a feeder investment fund, here’s what you need to know:
| Fund Name | Metro Aspire Balanced Feeder Fund |
|---|---|
| Fund classification | Feeder Fund - Multi - Asset |
| Fund Benchmark | 40% Markit iBoxx ALBI Philippines 1-5 Index |
| Inception Date | August 27, 2015 |
| Base Currency | Philippine Pesos |
| Investor risk profile | Aggressive |
| Investment horizon | At least 5 years |
| Dealing day and cut-off | Any banking day, up to 12:00 PM for branch and 2:30 PM for electronic channels |
| Minimum initial investment / maintaining balance | PHP 1,000 |
| Minimum monthly contribution | Increments of PHP 500 |
| Trust fee | None (charged at target fund level) |
| Early redemption charge | None |
| Redemption settlement date | 2 banking days after redemption (At end-of-day) |
| NAVPU Availability | At end-of-day |
| Qualified Participants | Filipino individuals, resident and non-resident aliens, and corporate accounts |
| Target fund/s | Metro Balanced Fund |
| Minimum build-up period | At least 2 years |
| Regular schedule for automatic debiting of monthly contribution | Every 15th or 30th of the month (or the next banking day if it falls on a weekend or holiday) |
| Re-enrollment fee | PHP 100 (if you re-enroll after 1 month of cancelling your regular subscription plan) |
What are Metro Aspire Feeder Funds?
The Metro Aspire Feeder Funds are medium- and high-risk investments that make investing affordably easy to everyone. These funds require a build-up period which is the length of time you make contributions to your investment on a monthly basis through an auto-debit feature.
The Benefits
The Metro Aspire Balanced Feeder Fund is a long-term feeder fund that is suited for people who aim for capital appreciation. This My Choice Investment fund is invested in a combination of bonds and stocks through the Metro Balanced Fund.
When it comes to investing in balanced funds, you know you’re in good hands with Metrobank. Visit your Metrobank branch to invest in a feeder fund.
Additional fund information
Check the performance, governing terms and provisions, and other important details about this fund by viewing the following:
- Key Information and Investor Disclosure Statement (KIIDS)
- Declaration of Trust
- Audited Financial Statements
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).
