First Metro Asset Management, Inc. (FAMI), the fund management subsidiary of First Metro Investment Corporation, has officially launched its newest mutual fund, the First Metro Consumer Fund, which tracks the performance of the First Metro Index on MSCI Philippines IMI (First Metro Index). The First Metro Index was developed in partnership with globally renowned index provider MSCI, Inc. and launched in 2017.
FAMI president Augusto Cosio, Jr. said, “The First Metro Index, which we created with MSCI, Inc., is meant to help Filipino investors multiply their investments with the guidance of a benchmark that captures the Philippine consumption-led growth story. With the rollout of the First Metro Consumer Fund, they now have a tangible investment product to go to where they can benefit from the superior returns brought about by the robust Filipino household expenditure pattern.” Continue reading PRESS RELEASE: FAMI launches First Metro Consumer Fund