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Products - First Metro Asset Management, Inc.

First Metro Save and Learn Money Market Fund, Inc.


Fund Description:

The ideal fund for conservative investors looking for better yielding short-term placements.

Description:

A mutual fund classified as low risk. Its goal is to provide good returns through current income by investing in fixed income instruments and securities with short term investment period such as government securities, time deposits, short-term deposit agreements, among others.

Investment Objective:

Capital Preservation

Fund Features:

Inception Date: 3-Jun-09
Investment Universe: Purely fixed-income instruments with tenors of one year or less.
Risk Profile: Very Conservative
Minimum Investment Amount: Minimum : Php 5,000
Additional: Php 1,000
Transfer Agent: Metrobank
Custodian Bank: HSBC
External Auditor: SGV & Co.

Investment Rate
1,000 to 99,999 1.00%
100,000 to 499,999 0.50%
500,000 to 1,999,999 0.00%
2,000,000 or higher 0.50%

Exit Fee  
First 30 days 1.00%

Management Fee  
Annual Fee 1.00%