Metrobank Updates UITF Qualified Expenses
Effective July 1, 2024, Metrobank Trust Banking Group will update the qualified expenses of six Unit Investment Trust Funds (UITFs), including licensing fees for MSCI indices, to preserve and enhance fund value.
Effective July 1, 2024, the Metrobank Trust Banking Group is updating the qualified expenses of six (6) Unit Investment Trust Funds (UITFs). This includes the licensing fee associated with the use of MSCI indices as benchmarks for select UITFs. This update is necessary to preserve or enhance the value of the said funds.
Rest assured that these benchmarks are carefully chosen and aligned with our goal to deliver reliable products and effective fund management. Knowing you rely on our expertise, we will continuously work towards having the most appropriate benchmark for our funds.
Please refer to the funds’ Declaration of Trust (DOT) for more details. For inquiries or requests for assistance, please send an email to customercare@metrobank.com.ph.
