2014 Corporate Profile Company Profile A partnership between three institutions • • • First Metro Investment Corporation (FMIC) Catholic Educational Association of the Philippines (CEAP) Marist Brothers Foundation Asset management company Manages four mutual funds Marist 15% CEAP 15% FMIC 70% Over 14 Billion Pesos in Assets Under Management (AUM) as of December 31, 2013 Company Profile Purpose: To engage in the mutual fund business, promote savings mobilization and advocate investment literacy among Filipinos. Actively markets 3 Mutual Funds Brand: Save and Learn Branches in Binondo and Cebu Senior Officers President: Augusto “Gus” M. Cosio, Jr. EVP and COO: Hector C. de Leon FVP and Head – Operations: Dr. Edwin B. Valeroso First Metro Investment Corporation  Founded in 1972  A Metrobank subsidiary  A leading investment bank in the Philippines Mutual Funds • Investment companies registered with the SEC. • Investors become shareholders of the fund or funds of their choice • Pools the money of shareholders, with the same investment objectives, through the issuance of shares. • The resulting size of the fund allows it to invest in a basket of securities • It is managed by full-time professionals. • Returns are not guaranteed Mutual Fund Facts • Positioned as a long-term investment vehicle • Each investment buys shares at the fund’s Net Asset Value • Share values are computed daily based on the performance of the portfolio Ex: Investor bought shares at P 2.0207 in Jan 2, 2008 as of May 10, 2012, shares were at P4.4654 as of May 10, 2013, shares were at P5.7606 as of July 3, 2013, shares were at P5.1221 Mutual Funds Corporate Structure SHAREHOLDERS BOARD OF DIRECTORS INVESTMENT ADVISOR FUND ADMINISTRATOR PRINCIPAL DISTRIBUTOR CUSTODIAN BANK EXTERNAL AUDITOR Mutual Funds Fees and Valuation • • • • Price of a mutual fund share Computed and published daily Minimum Investments: • • • ENTRY FEE Net Asset Value per Share (NAVPS) P5,000 (Initial) P1,000 (Additional) Fees • • • 5,000 100,000 500,000 2,000,000 & & 99,999 499,999 1,999,999 Up EXIT FEE less than six months 1.00% Example: Entry Fee Exit Fee Management Fee (1.75% to 1.875%per year) 2.00% 1.50% 1.00% 0.50% Investment Amount Less Sales Load (1.5%) Net Investment Amount 100,000.00 (1,500.00) 98,500.00 NAVPS 1.6405 No. of Shares Bought 60,043 Mutual Funds ADVANTAGES OF MUTUAL FUNDS: –Professional Fund Management –Diversification –Affordability –Liquidity –Safety (Regulation and Disclosure) –Convenience (Shareholder Services) –Daily Pricing –Tax Free Mutual Funds • • • • • • Properties 21% Fixed-Income and other Stocks 47% Holding Companies 13% Transport 2% Power 10% Telecoms 7% Launched in October 2005 Long-term investment Growth Oriented Full-equity fund Invested in stocks listed in the PSE Ideal for investors looking for the capital growth opportunities of the stock market 2006 Net Yield 2007 Net Yield 2008 Net Yield 2009 Net Yield 2010 Net Yield 2011 Net Yield 2012 Net Yield 2013 Net Yield Ave. Annual Return (as of 12-31-13) 67.58% 12.62% -30.70% 53.11% 63.37% 8.18% 27.40% -1.35% 20.82% Mutual Funds • • • • Launched in May 2007 Long-term investment Moderate Returns A balance of stocks and bond investments • Ideal for investors looking for capital growth opportunities of the stock market tempered by the steady cash flow from fixed-income securities. Deposits 24% Others 1% Stocks 49% Bonds 26% 2007 Net 2008 Net 2009 Net 2010 Net 2011 Net 2012 Net 2013 Net Yield Yield Yield Yield Yield Yield Yield Ave. Annual Return (as of 12-31-13) 4.07% -4.86% 45.36% 61.97% 6.62% 25.32% 1.04% 16.16% Mutual Funds • • • • • Others 1% Short-Term Placements 56% Long-Term Bonds 43% Launched in October 2005 Medium to long-term Conservative Fund Purely fixed-income instruments Ideal for investors looking for reasonable returns but are wary about market volatilities 2006 Net 2007 Net 2008 Net 2009 Net 2010 Net 2011 Net 2012 Net 2013 Net Yield Yield Yield Yield Yield Yield Yield Yield Ave. Annual Return (as of 12-31-13) 14.85% 4.07% 2.40% 5.36% 11.56% 12.34% 11.61% 18.92% 10.00% First Metro Philippine Equity Exchange Traded Fund • A mutual fund listed and traded in the Philippine Stock Exchange (PSE) • The first ETF launched in the Philippines • Invests in the index shares that compose the Philippine Stock Exchange Index (PSEi) • Sold as Creation Units or Retail via a registered stock broker • Attempts to mirror the PSEi • www.firstmetroetf.com.ph One Wealthy Nation (OWN) • Balanced Fund • Invests in dividend-yielding stocks, growth-oriented stocks and bonds • Will declare stock dividends when possible at fixed points in a year Coming Soon: New Funds Performance Highlights • 2011: Recipient of 9 Awards from the Philippines Investment Funds Association for being the top performing mutual funds in their respective categories for various years. Performance Highlights • 2012: Recipient of 10 Awards from the Philippines Investment Funds Association for being top performing mutual funds in their respective categories for various years. Contact us! 18/F PSBank Center 777 Paseo de Roxas cor Sedeno St. Salcedo Village Makati Hotline: 941-FAMI (941-3264) Tel. No: 891-2860 – 65 [email protected] For more information: www.fami.com.ph facebook.com/firstmetrofunds twitter.com/SaveAndLearn