Amendments to Unit Investment Trust Funds
Effective October 11, 2024
Declarations of Trust (DOTs) of select Metrobank Unit Investment Trust Funds (UITFs) will be updated to ensure consistency with regulatory requirements and continuously improve the structure of our UITFs.
Changes include:
Update on the fund definition of the Metro Money Market Funds (PHP and USD)
Renaming of the Metro Short Term Funds (PHP and USD) to Metro Short Term Bond Funds and reclassifying them from money market UITF to short-term fixed income UITF.
Changing the benchmarks to a more appropriate market index of the following UITFs:
- Metro Money Market Fund
- Metrobank PERA Money Market Fund
- Metro$ Money Market Fund
- Metro Short Term Fund
- Metro$ Short Term Fund
- Metro Corporate Bond Fund
- Metro Unit Paying Fund
- Metro Clean Energy Equity Feeder Fund
- Metro$ Eurozone Equity Feeder Fund
- Metro$ Japan Equity Feeder Fund
- Metro$ China Equity Feeder Fund
- Metro$ US Equity Feeder Fund
View the document below to know more about these changes:
If you would like to request for assistance or a copy of the DOT, please send an email to customercare@metrobank.com.ph.
Effective April 15, 2024
There will be changes to the features of the following My Choice Investment funds:
- Metro Money Market Fund
- Metro$ Money Market Fund
The amendments include the removal of the seven (7) days minimum holding period and the removal of the applicable early redemption charge* for these funds.
View the document here to know more about these changes.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on April 15, 2024.
To request for assistance, please send an email to customercare@metrobank.com.ph.
*This applies to Metro Money Market Fund subscriptions made as early as April 8, 2024, and are still outstanding as of April 15, 2024.
Effective February 5, 2024
Declarations of Trust (DOT) of My Choice Investment Unit Investment Trust Funds (UITF) will be updated to reflect new regulatory requirements and product improvements. Changes include:
Updated benchmarks and descriptions and enhanced disclosures as required by BSP Circular 1152, which amends regulations on UITFs
Addition of three (3) new target funds for Metro Multi-Themed Equity Fund of Funds to allow theme diversification
Alignment of Metro PERA Money Market Fund with Metro Money Market Fund’s suitability for clients with conservative risk profile
Setting a PHP1,000 minimum redemption amount for the Metro Unit Paying Fund.
View the following documents to know more about these changes:
To request for assistance, please send an email to customercare@metrobank.com.ph.
Thank you for banking with us.
Effective August 24, 2023
With the change in the Philippine Stock Exchange (PSE) standard trade settlement cycle, there will be an adjustment to the redemption settlement date of the following My Choice Investment funds starting August 24, 2023:
- Metro Balanced Fund
- Metro Equity Fund
- Metro Philippine Equity Index Tracker Fund
- Metro High Dividend Yield Unit Paying Fund
- Metro Aspire Balanced Feeder Fund
- Metro Aspire Equity Feeder Fund
- Metro PERA Equity Fund
View the amendment document here.
These changes comply with the redemption settlement provision in each fund’s Declaration of Trust (DOT).
If you would like to request for assistance or a copy of your DOT, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective January 2, 2023
There will be a number of changes to the features of the following My Choice Investment funds:
• Metro High Dividend Yield Fund
• Metro$ Short Term Fund
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on January 2, 2023.
Existing clients are given until December 29, 2022 to withdraw their participation from the said funds if they are not amenable to the changes.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
2022
Effective December 15, 2022
There will be a number of changes to the features of below My Choice Investment fund:
• Metro Multi Themed-Equity Fund of Funds
View the amendment document here.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on December 15, 2022.
Existing clients are given until December 14, 2022 to withdraw their participation from the said fund if they are not amenable to the changes.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective October 3, 2022
There will be a change to the features of below My Choice Investment fund:
• Metro$ Money Market Fund
View the amendment document here.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on October 3, 2022 .
In line with BSP regulations, all investors of this fund who are not in agreement with the changes have until September 30, 2022 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective September 1, 2022
There will be changes to the features of below My Choice Investment fund:
• Metro Money Market Fund
View the amendment document here.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on September 1, 2022.
In line with BSP regulations, all investors of this fund who are not in agreement with the changes have until August 31, 2022 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective June 06, 2022
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds:
- Metro Money Market Fund
- Metro Short Term Fund
View the amendment document here.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
2021
Effective December 01, 2021
There will be a number of changes to the product features of the following Metrobank Unit Investment Trust Fund.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on December 01, 2021.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until November 29, 2021 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective October 01, 2021
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective October 18, 2021
There will be a number of changes to the product features of the following Metrobank Unit Investment Trust Fund.
• Metro$ World Equity Feeder Fund
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on October 18, 2021.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until October 15, 2021 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective June 14, 2021
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on June 14, 2021.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until June 11, 2021 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective April 19, 2021
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
- Metro Money Market Fund
- Metro$ Money Market Fund
View the amendment document here.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on April 19, 2021.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until April 16, 2021 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective January 25, 2021
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
2020
Effective December 01, 2020
There will be a number of changes to the features of the following Metrobank PERA Unit Investment Trust Funds.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on December 01 2020.
In compliance with PERA Law, the PERA products may only be sold through an accredited PERA Administrator. For any concerns you may contact the PERA Administrator through the following:
ATRAM Trust Corporation (ATC)
Website: https://pera.seedbox.ph/
Email: pera.support@seedbox.ph
Effective November 25, 2020
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on November 25, 2020.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until November 24, 2020 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to customercare@metrobank.com.ph.
Effective October 21, 2020
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
- Metro Short Term Fund
- Metro Unit Paying Fund
- Metro Max-3 Bond Fund
- Metro Max-5 Bond Fund
- Metro Balanced Fund
- Metro Aspire Bond Feeder Fund
- Metro Aspire Balanced Feeder Fund
- Metro Aspire Equity Feeder Fund
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on October 21, 2020.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until October 20, 2020 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to tbg.customercare@metrobank.com.ph.
Effective August 26, 2020
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
- Metro$ Money Market Fund
View the amendment document here.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on August 26, 2020.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to tbg.customercare@metrobank.com.ph.
Effective September 23, 2020
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
- Metro Money Market Fund
- Metro Corporate Bond Fund
View the amendment document here.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on September 23, 2020.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until September 22, 2020 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to tbg.customercare@metrobank.com.ph.
Effective August 19, 2020
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
- Metro Equity Fund
- Metro Philippine Equity Index Tracker Fund
- Metro High Dividend Yield Fund
- Metro Aspire Equity Feeder Fund
- Metro$ World Equity Feeder Fund
View the amendment document here.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on August 19, 2020.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until August 18, 2020 to withdraw their investments.
If you would like to request for assistance or a copy of your Declaration of Trust, please speak to any Metrobank branch officer or send an email to tbg.customercare@metrobank.com.ph.
Effective March 23, 2020
There will be a number of changes to the features of the following Metrobank Unit Investment Trust Funds.
The amendments were approved by the Bangko Sentral ng Pilipinas (BSP) and will take effect on March 23, 2020.
In line with BSP regulations, all investors of these funds who are not in agreement with the changes have until March 20, 2020 to withdraw their investments.
