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Products - First Metro Asset Management, Inc.

One Wealthy Nation Fund, Inc.


Description:

An Open-End balanced mutual fund invested in a well-managed portfolio of selected listed equities, government securities, SEC-registered commercial papers, treasury bills, fixed-rate treasury notes (FXTNs), Retail Treasury Bonds, Progress Bonds and Small-Denominated Treasury Bonds. It is ideal for investors seeking moderate growth, through long-term capital appreciation and preservation, with investments in stocks that yield yearly dividend earnings.


Investment Objective:

Long-term growth or capital appreciation. Yearly stock/share dividend earnings- Capital Preservation - Be able to declare share dividend earnings regularly. (*Note: Investment is not guaranteed and is affected by market conditions as reflected in the NAV. Declaration of dividends is contingent on fund performance and approval of the Board of Directors).

Investment Universe and Limitations:

Maximum of 60% in equities with a Minimum of 30% in fixed-income securities. Maximum of 15% of the fund’s asset into any single enterprise except for Government Securities, as directed by the Investment Company Act. Investment into a single enterprise must not exceed 10% of the investee company’s outstanding securities, as directed by the Investment Company Act. For liquidity purposes, a minimum of 5% of the fund must be in liquid or semi-liquid instruments, as directed by the Investment Company Act.

Fund Features:

Inception Date: 26-Apr-13
Risk Profile: Moderate
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 2.00%
100,000 to 499,999 1.50%
500,000 to 1,999,999 1.00%
2,000,000 or higher 0.50%

Exit Fee  
First 6 months 1.00%

Management Fee  
Annual Fee 1.75%