We are posting here the fund features of the different unit
investment trust funds offered by Metrobank.
This aims to help our PISO Ni Juan
readers to choose among these UITF products will suit their investment needs.
The following are the list of Metrobank UITF and its fund features:
1.
Metro Equity Fund
Type Of Fund:
Equity Fund
Minimum Initial
Investment: P25,000
Minimum Additional
Participation Amount: P25,000
Minimum Holding
Period: 90 days
Trust Fee: 2.00% per year
Early Redemption
Fee: 50.00% of income on redeemed amount
Redemption
Settlement: 3 banking days
2.
Metro Balanced Fund
Type Of Fund: Balanced
Fund
Minimum Initial Investment:
P25,000
Minimum Additional
Participation Amount: P25,000
Minimum Holding
Period: 90 days
Trust Fee: 2.00% per year
Early Redemption
Fee: 50.00% of income on redeemed amount
Redemption
Settlement: next banking day
3.
Metro Money Market Fund
Type Of Fund: Money Market Fund
Minimum Initial
Investment: P50,000
Minimum Additional
Participation Amount: P25,000
Minimum Holding
Period: 7 days
Trust Fee: 0.50% per year
Custodian Fee:
0.015% per year
Early Redemption
Fee: 50% of income on redeemed amount
Redemption
Settlement: Next banking
4.
Metro Max-3 Bond Fund
Type Of Fund: Intermediate
Term Bond Fund
Minimum Initial Investment: P50,000
Minimum
Additional Participation Amount: P25,000
Minimum Holding Period: 30 days
Trust Fee: 1.00% per year
Custodian Fee: 0.015% per year
Early Redemption Fee: 50% of income on redeemed amount
Redemption Settlement: Next banking day
5.
Metro Wealth Builder Fund
Type
Of Fund: Intermediate Term Bond Fund
Minimum
Initial Investment: P5,000
Minimum
Additional Participation Amount: P1,500 monthly
Minimum Holding Period: 90 days
Trust
Fee: 2.50% per year
Custodian
Fee: 0.015% per year
Early
Redemption Fee: 50% of income on redeemed amount
Redemption
Settlement: 1 banking day
6.
Metro Max-5 Bond Fund
Type Of Fund:
Medium Term Bond Fund
Minimum Initial
Investment: P50,000
Minimum
Additional Participation Amount: P25,000
Minimum Holding Period: 30 days
Trust Fee: 1.50% per year
Custodian
Fee: 0.015% per year
Early Redemption Fee: 50% of income on
redeemed amount
Redemption Settlement: Next banking day
We wish our PISO Ni Juan readers good luck in choosing the right investment
according to your investment plans. We hope that this article will help you in selecting the right UITF products for you.
DISCLAIMER:
PISO Ni Juan is not in any way connected with Metrobank. This article
was created only as a quick reference and initial guide for interested individuals
who are planning to invest in Metrobank UITF products.
To get the latest updates about Metrobank UITF products, we recommend
for you to inquire directly on any branch of Metrobank near your area.