What is FundsMart?

 

FundsMart is an online investment facility within the FirstMetroSec Trading Platform.
 
   

It empowers you to invest in more than 25 peso and dollar-denominated mutual funds from the 6 leading fund houses in the country. 
 
   

Gain exclusive access to sophisticated tools for analyzing, screening, and comparing mutual funds, so that you can easily choose the funds that best fit your investing needs.
 
   

Save time and money. Invest and redeem mutual funds with no additional paperwork, sales loads, and transaction fees with only one FirstMetroSec online trading account.
 
   

Sit back, relax, and let the experts do what they do best with FundsMart.
 
 

We put the FUNd in FundsMart
 
Filter and sort the mutual funds using performance, suitable funds based on your risk profile, fund type, currency, or fund provider. We made sure to make investing as personally-fit as possible to your needs. FundSmart enables you to sort and select mutual funds with ease, comparing your favorite mutual fund with its peers. It is possible, for example, for an Aggressive-rated investor to see high-risk high return mutual funds sorted by previous performance of up to 5 years.
Understand a specific mutual fund better through  its fund profile. You can view its current top holdings, the minimum holding period, its Net Asset Value Per Share (NAVPS), minimum and additional investment, fund type, and a take a quick glance at its performance chart. The risk rating is indicated on the right corner, with 5 being the highest on the scale.
Navigate your way to investing in mutual funds.  Proceed to the INVEST tab and click on NEW INSTRUCTION. Similar to investing in stocks, choose to SUBSCRIBE or REDEEM. Once chosen, indicate which fund you will invest in and the amount.  A FUND GUIDE tab is provided for your easy reference.
Display your current mutual funds portfolio through the INVEST tab then VIEW PORTFOLIO. The page will display your current holdings and market value. If you want to subscribe (buy) to more shares, you can easily do so by clicking on the SUB button on the left side of the fund, or the RDM button if you want to redeem (sell).

Peso Mutual Funds Available through FundsMart:

     
ALFM Growth Fund Equity
ALFM Money Market Fund Money Market
ALFM Peso Bond Fund Bond
ALFM Philippine Stock Index Fund Equity
     
ATRAM Alpha Opportunity Fund Equity
ATRAM Corporate Bond Fund Bond
ATRAM Dynamic Allocation Fund Balanced
ATRAM Philippine Balanced Fund Balanced
ATRAM Philippine Equity Opportunity Fund Equity
     
First Metro Consumer Fund Equity
First Metro Save and Learn Balanced Fund Balanced
First Metro Save and Learn Equity Fund Equity
First Metro Save and Learn Fixed Income Fund Bond
First Metro Save and Learn Money Market Fund Money Market
First Metro Save and Learn Philippine Index Fund Equity
     
Philam Bond Fund Bond
Philam Equity Index Fund Equity
Philam Fund Balanced
Pami Horizon Fund Balanced
Philam Managed Income Fund Money Market
Philam Strategic Growth Fund Equity
     
Philequity Dividend Yield Fund Equity
Philequity Fund Equity
Philequity Peso Bond Fund Bond
Philequity MSCI PH Index Fund Equity
Philequity PSE Index Fund Equity
     
Sun Life Prosperity Bond Fund Bond
Sun Life Prosperity Balanced Fund Balanced
Sun Life Prosperity Equity Fund Equity
Sun Life Prosperity GS Fund Bond
Sun Life Prosperity Philippine Stock Index Fund Equity
Sun Life Prosperity Money Market Fund Money Market
 

Dollar Mutual Funds Available through FundsMart:

 
  
ALFM Dollar Bond Fund Bond
     
ATRAM AsiaPlus Equity Fund Equity
ATRAM Total Return Dollar Bond Fund Bond
     
First Metro Save and Learn Dollar Bond Fund Bond
     
PAMI Asia Balanced Fund Balanced
PAMI Global Bond Fund Bond
Philam Dollar Bond Fund Bond
     
Sun Life Prosperity Dollar Wellspring Fund Balanced
Sun Life Prosperity World Voyager Fund Equity
Sun Life Prosperity Dollar Advantage Fund Balanced
Sun Life Prosperity Dollar Abundance Fund Bond 
Sun Life Prosperity Dollar Starter Fund Money Market

HOW TO ACCESS FUNDSMART - OPEN AN ACCOUNT

1. Log in to your FirstMetroSec account

2. Once you are loggen in, click FUNDSMART on the upper right portion of the main page.

 


3. Analyze, screen, and trade mutual funds.
 

 

 

MUTUAL FUND BASICS


WHAT IS A MUTUAL FUND?
 

Money from various investors are pooled together to make up "baskets" of cash, bonds, stocks, or a combination of all.

Buying and selling of securities are done by an expert fund manager. As an investor, your ownership is represented by the number of shares you hold in the fund.

As share prices (NAVPS) increases, so does your investment's value.


WHAT ARE THE TYPES OF MUTUAL FUNDS?

 
MONEY MARKET
 
   
Safest Investment with the lowest return. 
Composition: Time deposits, treasury bills, other short-term bonds
Risk level: Low

 
   
BOND
 
   
Provides stability and moderate income. 
Composition: Debt instruments with fixed interest rates issued by the government or private corporations
Risk level: Low

 
   
BALANCED
 
   
Combines the stability of bonds and the growth of potential stocks
Composition: Government securities, corporate bonds, stocks
Risk level: Medium

 
   
EQUITY
 
   
Highest risk with the highest potential over the long term
Composition: PSE index, dividend yielding and/or growth stocks
Risk level: High

 


WHY INVEST IN A MUTUAL FUND?

•   Rely on expert fund management.
•   Hassle free, no need to monitor.
•   Reduce risk through automatic diversification.
•   Always liquid. Buy or redeem anytime. 

FAQs


What is FirstMetroSec FundsMart? 
FundsMart is a one-stop-shop for investment funds, where you can choose from a wide range of options from the country’s top providers. Here, you can buy and redeem online just like stocks, using the same trading account. No additional documents required.  No front-end fees or sales charges.

How do mutual funds work?
Capital from individual investors are pooled together to buy a basket of securities. Thus, in spite of lower minimums (as low as P5,000 for initial investment and P1,000 for subsequent subscriptions), the mutual fund is able to buy various bonds, stocks, or a combination of both thereby providing automatic diversification to the investor. Buying and selling of investments is done by professional fund managers, and friction costs paid by the fund.  And since you are just one of the many investors in the fund, your ownership is represented by the number of shares you hold (your slice of the pie). The value for each share is referred to as Net Asset Value Per Share or NAVPS.

How is the NAVPS computed?
Net Asset Value Per Share is computed as:
 
 NAVPS =Total Assets - Total Liabilities
                 Number of Outstanding Shares
 
Underlying securities of the fund are the assets while expenses such as management, custody, brokers’ fees, taxes, and other costs form part of the liabilities.
 
What are the different types of Mutual Funds?
Mutual Funds are grouped according to asset types, namely, Money Market, Bonds, Balanced, and Equity or Stocks.  This means that funds under each category hold similar investment outlets, perform in a similar fashion, and generally belong in the same risk level spectrum.  To sort funds according to your criteria, go to the MUTUAL FUNDS tab and filter by Risk Profile, Fund Type, or Fund Provider.

As investor, do I get to choose the stocks or bonds that I want?
No. That will be the job of the fund manager.  As investor, you get to choose the fund according to the strategy you prefer. For example, if you want to invest in blue chip companies, you can choose an Index Fund, which mirrors the Phil. Stock Exchange Index (PSEi), composed of blue chip stocks.

How do I choose what type of mutual fund to invest in?
You have to consider your (1) objective for investing, (2) investment horizon or period of time you are willing to stay invested, and (3) risk tolerance. As a general rule, higher returns would entail you taking higher risks. 

What is Benchmark? 
The standard where the fund’s performance is measured. It also tells the fund manager, and essentially the investor, what level of return the fund hopes to achieve.  Comparison to the benchmark shows whether or not the fund is achieving return expectations. For example, an equity fund’s 1 year return is 10% versus the PSEi benchmark returning 8% within the same period. This tells the investor that the equity fund is doing 2% better, therefore, exceeding expectations.
 
Do I get voting rights for my mutual fund shares?
Yes, as a shareholder of the mutual fund, you are entitled to attend shareholder meetings and vote during elections pertaining to the management and administration of the fund.  Such voting rights do not apply though to the specific companies where the fund is invested in.

If the companies where the mutual fund invests in give out dividends, do I get dividends as well?
No. All dividends received are added to the assets of the fund thereby increasing the NAVPS of your investment. 
 
Why do I have a different buying power for stocks and mutual funds?
For mutual fund orders, only cleared or withdrawable funds are accepted for every subscription.

I want to invest in a certain fund but it does not appear in my list of suitable investments. 
It may be because the fund belongs to a higher risk level that is above your risk profile. You may click “Retake Suitability Assessment” for any changes in your risk appetite. 
 
Can I buy Mutual Funds using margins?
No.  Margin trading is only allowed in stocks.

What are the differences of investing in PSE-listed stocks and investing in stock mutual funds?

 
  Stocks Equity Mutual Fund
Pricing Per share price Per NAVPS, a consolidated valuation of all company shares in the fund
Exposure Single company Multiple companies
Buying/Selling of Shares Subject to board lots and available shares Subject to minimum amount but no maximum limit
Research Done by the investor Done by professional research teams
Friction cost Brokers’ fees and taxes to be deducted from proceeds None. All fees and taxes already incorporated in the NAVPS
Liquidity PSE-listed but subject to willing buyers and sellers Can be bought or redeemed anytime based on prevailing price
 
Can I go directly to the mutual fund company to redeem my shares? 
 Subscriptions made through FirstMetroSec can only be redeemed through FirstMetroSec.
 
Can I redeem within the holding period? 
Yes you may, but you may be subjected to an early redemption fee, which depending on the fund may range from 0.25% to 1.12% of the amount. This will be automatically deducted from your proceeds.

When do I get the proceeds of my redeemed shares?
It depends on the specific mutual fund. Please refer to each fund’s “Redemption Settlement Days.” Generally, number of days depends on the asset type, as shown below:

 
Money Market 1 Day
Bond, Balanced and Equity 1-5 Days
 
Allow us till end of day to credit your Buying Power.

What is the cut-off time for buying and redeeming funds?
Order cut-off is 11:00AM.  Subscription and redemption orders submitted from 11AM onwards shall be processed on the next banking day.  While still in the Pending “P” category, the investor may still edit or cancel his order until the next cut-off.

I have existing FAMI Funds. Will I see my holdings in the mutual fund platform?
Linked FAMI Funds are separate from the current mutual fund platform. Should you want to consolidate this with your existing FirstMetroSec account, you would have to first redeem your old FAMI Funds, then re-invest through FirstMetroSec FundsMart.  Corresponding NAVPS shall apply on the redemption and subscription.