WhatÔÇÖs good about First Metro Consumer Fund?

Apr 12, 2018

Words by MFA

Well, if you are a fan of index tracker funds, the First Metro Consumer Fund takes you further.

I mean, why just track an index if you can outperform it?

The First Metro Consumer Fund is an index fund created to beat the Philippine Stock Exchange Index (PSEi). 

First Metro Asset Management is re-writing the rules here.

Instead of just following the PSEi, they created their own Philippine index with Morgan Stanley Capital International (MSCI).  

The new index is called the “MSCI-FMIC Consumer Stock Index”.

The objective of the index is to find the biggest and most liquid companies that are set to benefit from the Philippines’ growing consumer market.

Of course, the Philippines consumer story is well known.

This fund will invest in any sector the consumer will spend money in - consumer discretionary, consumer staples, telcos, airlines and banks.

With this fund, investors are given easy access to companies likely to benefit from Philippines's domestic consumption boom.

As with all investments, there are no guarantees that the First Metro Consumer Fund will beat the market.

But the Fund lets you express your investment views efficiently with a single investment.

The fund is available online thru our website, free of sales load fees!