FUND FACT SHEET | JUNE 18, 2021

FIRST METRO SAVE AND LEARN

FIXED INCOME FUND

INVESTMENT OBJECTIVE NAVPS GRAPH

The Fixed Income Fund seeks to provide an income/profit that is 3.00

consistent with the objective of capital preservation and liquidity. 2.50
This fund is suitable for conservative investors with medium to
2.00
long term investment horizon.
1.50
1.00
0.50
INVESTMENT INFORMATION 0.00
Jun-10 Jun-12 Jun-14 Jun-16 Jun-18 Jun-20
Fund Classification Fixed Income Fund
Risk Profile Conservative
Fund Currency Philippine Peso HISTORICAL PERFORMANCE
Inception Date September 6, 2005
YTD 1YR 3YR 5YR 10YR S.I.*
Cumulative -0.47% 0.46% 10.17% 9.07% 63.91% 142.35%
Net Asset Value per Share (NAVPS) Php 2.4417
Fund Size Php 1.9 B *Since Inception - September 6, 2005
YOY Return (06/18/2021) 0.46% *Benchmark - 60% Bloomberg Philippine Sovereign Bond Index AI + 30% S&P Philippines
Annualized Volatility 3.56% Corporate Bond Index +10% PH 30day Saving Rate
Duration (Years) 3.01

ASSET ALLOCATION PORTFOLIO MIX

Management Fee up to 1.750% per annum
Min. Initial Investment Php 5,000
Min. Add’l Investment Php 1,000
Min. Holding Period 6 months FIXED-GOVERNMENT 82% 47% FIXED DEPOSIT
Sales Load max. of 2% SECURITIES
Exit Fee 1.00% within 6 months CORPORATE BONDS
12%
Redemption Notice Period max. of 7 days CASH & OTHER 18%
Valuation Method Marked-to-Market ASSETS GOVERNMENT
SECURITIES
Custodian Bank Citibank 41%

Transfer Agent Metrobank Trust

MARKET COMMENTARY
TOP 5 HOLDINGS
PDS Summary: Close: Php48.430/USD |
NAME COUPON MATURITY
Low: Php48.325/USD | High: Php48.440/USD FXTN 8.000% 07/19/2031
ROBINSONS LAND 3.683% 07/17/2023
GS yields fell by 1.69bps on avg. last week amid mixed sentiment
RTB 2.375% 03/09/2024
taking cues from the volatility in global bond rates led by US
PETRON CORP 4.003% 10/27/2021
Treasuries.
SAN MIGUEL FOOD 5.250% 03/10/2027
Amid lack of local catalysts, the market is seen to continue to track
global market moves ahead of Tuesday’s 35B FXTN 10-61 (5Y) re-
issuance and Thursday’s MB meeting. Should USTs continue to gap MATURITY PROFILE
lower, GS yields are expected to firmly break into a lower trading
range.

Risks to our view are rising oil prices and US Treasuries’ > 10 years 1.37%
movements. The cautious stance reverberated across the ASEAN < 10 years 14.86%
region as Fed hinted faster pace of monetary policy tightening given < 6 years 39.30%
more officials consider 50bps increase or equivalent to 2 hikes in
< 2 years 44.47%
2023 against zero rate increase back in March 2021. For the local
bond space, demand remains in the 3 to 5-year sector with players
comfortable accumulating even when yields rise, signaling sustained
preference for short duration.

Disclosure Statements: This is not a deposit product. 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. Past performance is not a guide to future performance. The price of securities can and does fluctuate,
and any individual security may experience upward or downward movement.