The First Metro Philippine Equity Exchange-Traded Fund, Inc. (FMETF), the country's first-ever exchange-traded fund, hit the market in 2013. The FMETF* offers an investment option that allows a collective investment scheme to be traded in the Philippine Stock Exchange (PSE). Designed to track the stock exchange index, it is a cost-efficient way of diversifying a portfolio, allowing investors access to a broader market at lower expense ratios. A stock and a mutual fund rolled into one, it provides a diverse, transparent and tradable investment option that suits any type of investor.
Investing in the FMETF is easy.
First, you need to allocate funds that you want to invest. Remember: Your minimum investment will depend on the price of the FMETF and the PSE board lot.
Second, register with any of the 135 PSE brokers.
Third, start buying and selling the FMETF shares, just like any listed stock.
*This is not a deposit account. Earnings are not assured and principal amount invested is exposed to risk of loss. This product cannot be sold to you unless its benefits and risks have been thoroughly explained. If you do not fully understand this product, do not purchase or invest in it.