Voluntary Investment Program (VIP)
 
The Voluntary Investment Program (VIP) allows you to automatically invest in various mutual funds and exchange-traded funds for as low as P1,500 monthly or bi-monthly.
 
Benefits:
  1. Encourages disciplined investing
  2. Provides automatic diversification
  3. Hassle-free
How does it work?
To set up your VIP, you just need to decide on three things: how much to invest, how frequent (monthly or bi-monthly) and where to invest.  The amount will be automatically deducted from their buying power on debit date (15th and/or 30th  day of the month).
  • No need to post buy orders on your own
  • Can be sold or redeemed any time
  • No penalties in case of insufficient cash in your account
For mutual funds and unit investment trust funds (UITFs), you must first complete the FundsMart Risk Assessment and make the initial investment using your FirstMetroSec account. For FMETF, you may invest directly via VIP.

Investment Choices:
 

PROVIDER FUND NAME FUND TYPE MIN INITIAL
INVESTMENT
First Metro Exchange Traded Fund (FMETF) ETF 1,500**
ALFM Money Market Fund Money Market 5,000
ALFM Peso Bond Fund Bond 5,000
ALFM Phil. Stock Index Fund Equity 5,000
ALFM Growth Fund Equity 5,000
ATRAM Corporate Bond Fund Bond 1,000
ATRAM Philippine Balanced Fund Balanced 1,000
ATRAM Unicapital Diversified Growth Fund Balanced 1,000
ATRAM Phil. Equity Opportunity Fund Equity 1,000
ATRAM Alpha Opportunity Fund Equity 1,000
First Metro Save and Learn Money Market Money Market 5,000
First Metro Save and Learn Fixed Income Bond 5,000
First Metro Save and Learn Balanced Fund Balanced 5,000
First Metro Save and Learn PH Index Fund Equity 5,000
First Metro Save and Learn Equity Fund Equity 5,000
First Metro Consumer Fund Equity 5,000
Philam Managed Income Fund Bond 1,000
Philam Bond Fund Bond 1,000
Philam Fund Balanced 1,000
PAMI Horizon Fund Balanced 5,000
PAMI Equity Index Fund Equity 1,000
Philam Strategic Growth Fund Equity 5,000
Philequity Peso Bond Fund Bond 1,000
Philequity MSCI Philippines Index Fund Equity 1,000
Philequity PSE Index Fund Equity 1,000
Philequity Fund Equity 1,000
Philequity Dividend Yield Fund Equity 1,000
Philequity Alpha One Fund Equity 1,000
SunLife Prosperity Money Market Fund Money Market 1,000
SunLife Prosperity GS Fund Bond 1,000
SunLife Prosperity Bond Fund Bond 1,000
SunLife Prosperity Balanced Fund Balanced 1,000
SunLife Prosperity PH Stock Index Fund Equity 1,000
SunLife Prosperity PH Equity Fund Equity 1,000
Manulife Money Market Fund Money Market 1,000
Manulife Asia Dynamic Bond Feeder Fund Bond 5,000
Manulife Income Builder Fund Bond 5,000
Manulife Stable Income Fund Bond 5,000
Manulife Global Preferred Income Feeder Fund Preferred Securities 5,000
Manulife Global Multi Asset Diversified Income Feeder Fund Equity 5,000
Manulife American Growth Equity Feeder Fund Equity 5,000
Manulife Asia Pacific REIT Fund of Funds Equity 5,000
Manulife Dragon Growth Equity Feeder Fund Equity 5,000
Manulife Equity Wealth Fund Equity 5,000
Manulife Global Healthcare Equity Feeder Fund Equity 5,000
Manulife Global REIT Feeder Fund Equity 5,000
Manulife India Equity Feeder Fund Equity 5,000

**Subject to board lot: FMETF stock price as of Nov. 11, 2020 x 10 shares plus charges (approx. P1,500)

 
 
 

FAQs

What are the investment choices for the Voluntary Investment Program (VIP)? 
You may set scheduled investments for the First Metro Exchange Traded Fund (FMETF) or any other FundsMart mutual fund or unit investment trust fund (UITF). Available funds and corresponding minimum investment amounts can be found here


What is the minimum VIP amount? 
The minimum is P1,500 per debiting date.
 

What is the maximum VIP amount? 
No maximum amount, but has to be in increments of P500.
 

Is there a maximum duration? 
No minimum or maximum duration. Your VIP will continue until amended or cancelled. Note that some mutual funds and UITFs have a minimum holding period and may be subject to an early redemption fee.
 

What is Debiting Date vs. Investment Date? 
Ensure that you have enough cash in your account during the debiting date, which is either 15th or 30th day of the month. Ideally, this is in sync or set at least one day after your auto-funding schedule with your bank.  Your buy order will be posted on the next trading day – the investment date.
 

How do I auto-fund my buying power? 
Enroll First Metro Securities Brokerage Corp. as biller through your online banking account with Metrobank, BDO, BPI, Maybank, Security Bank, or Unionbank using the Regular/Scheduled /Recurring Transactions option. Make sure to schedule your auto-funding at least one day before the 15th or 30th day of the month to avoid possible delays. For details, click HERE.
 

At what price is my VIP executed? 
For FMETF, at closing price. For mutual funds and UITFs, based on the day’s Net Asset Value Per Share/Unit (NAVPS/U).
 

What happens if the final cost is below or above my set amount? 
If the final cost is less than the VIP amount (ex. total is P1,450 for a P1,500 order), the excess amount (P50) will be credited back to your buying power. Similarly, if the minimum board lot increases to more than your ordered amount, your order will not be posted. In such cases, increase your VIP subscription by submitting a VIP Amendment Form online. Click here to find out how.
 

Are there other fees/charges? 
For FMETF, regular broker fees (0.25% or P20, whichever is higher) and other charges (PSE fee and VAT) apply.  For mutual funds and UITFs, none.
 

Are there penalties if I don’t have enough funds in my account? 
No. Debiting will just skip to the next schedule.
 

What if I want to change or cancel my VIP subscription? 
Accomplish the Voluntary Investment Program (VIP) Form online to supersede your previous arrangement here. Enter your registered email address, choose “VIP Amendment” or “VIP Cancellation”, enter your full name and FirstMetroSec account number. Select Products and Services > VIP as Area of Concern.


HOW TO SET UP VIP?

1. Click here to enroll in VIP

2. Set your regular funding arrangement with your bank. Use PAY BILLS of the following banks:

  • Metrobank
  • PSBank
  • BDO
  • BPI
  • Maybank
  • Security Bank
  • Unionbank
Click here for instructions.
3. Make sure your FirstMetroSec account is sufficiently funded on your chosen date/s (15h and/or 30th of the month).