First Metro Consumer Fund
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FUND FACT SHEET | JUNE 26, 2020 FIRST METRO CONSUMER FUND INVESTMENT OBJECTIVE NAVPS GRAPH The Consumer Fund seeks long-term return from investments with concentration in companies that are part of the consumer industry 1.20 and derive its revenues largely on consumer related business activities. The Fund is suitable for investors who are willing to take 1.00 higher risk for potentially high capital return over the medium to 0.80 long term. 0.60 INVESTMENT INFORMATION 0.40 Fund Classification Equity Fund 0.20 Risk Profile Aggressive Fund Currency Philippine Peso 0.00 Jun-18 Jun-19 Jun-20 Inception Date January 12, 2018 Net Asset Value per Share (NAVPS) Php 0.6680 Fund Size Php 385 M YOY Return (06/26/2020) -24.80% HISTORICAL PERFORMANCE Annualized Volatility 19.35% YTD 1YR S.I.* Management Fee up to 1.750% per annum Annualized - -24.80% -13.18% Min. Initial Investment Php 5,000 Cumulative -21.35% -24.80% -29.15% Min. Add’l Investment Php 1,000 Min. Holding Period 6 months *Since Inception – January 12, 2018 Sales Load max. of 2% Exit Fee 1.00% within 6 months Redemption Notice Period max. of 7 days ASSET ALLOCATION PORTFOLIO MIX Valuation Method Marked-to-Market Custodian Bank Citibank HOLDING FIRMS Transfer Agent Metrobank Trust 53% EQUITY 87.55% 2% INDUSTRIAL CASH & 12.45% MARKET COMMENTARY OTHER ASSETS PSEi : 6,191.84, YTD : -20.77% 45% SERVICES PSEi ended at 6,191.84 pts, down by 123.23 pts. Majority of the sectors ended the week as losers: Conglomerates TOP 10 HOLDINGS (-2.35%), Industrials (-0.94%), Properties (-2.89%), Mining (+3.75%), Services (-0.04%), and Banks (-0.94%). Foreign NAME FUND % investors were net sellers of US$115M for the week. JOLLIBEE FOODS CORPORATION 13.28% UNIVERSAL ROBINA CORPORATION 13.14% S&P says that Philippine economy may shrink by 3% due to having one of the toughest lockdowns in the world. BSP’s PUREGOLD PRICE CLUB INC. 12.25% overnight reverse repurchase, lending and deposit facilities by 50 SAN MIGUEL FOOD AND BEVERAGE, 9.79% basis points (bps) to new record lows of 2.25%, 2.75% and 1.75% INC. respectively, effective Friday, June 26. PHILIPPINE SEVEN CORPORATION 8.53% ROBINSONS RETAIL HOLDINGS, INC. 8.16% First Metro Asset still maintains prudence in its equity asset allocation while taking opportunities during market dips. WILCON DEPOT, INC. 4.67% BLOOMBERRY RESORTS 4.66% CORPORATION CENTURY PACIFIC FOOD INC. 3.59% EMPERADOR INC. 2.79% 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. .