Description
First Metro Philippine Equity Exchange Traded Fund, Inc. (FMETF) is an exchange traded fund that tracks the PSEi (Philippine Stock Exchange Index). The fund has been underperforming in the last 5 years as the PSEi is underperforming international markets as well during that period. It also has a high management fee or expense ratio (compared to VOO and VT) at 0.50% per annum.
VOO is an exchange traded fund by The Vanguard Group, Inc. and it tracks the S&P500, representing the 500 largest companies in the United States. It has an average total return of about 12% per year (last 10 years) and 15.66% (last 5 years). It also has a low expense ratio at 0.03%.
VT is Vanguard's Total World Stock ETF which tracks the FTSE Global All Cap Index. The fund invests in U.S. and international stocks. The country with the biggest weight on this Index is the U.S.A. with 60.94%, followed by Japan at 6.16%, United Kingdom with 3.75% and Canada at 2.80%. You'll also be exposed to the magnificent 7 of stocks: Apple, Microsoft, Amazon, Nvidia, Alphabet (parent of Google), Meta (formerly Facebook), and Tesla. Lastly, VT has an expense ratio of 0.07%.
💲Peso Smart PH is a channel that aims to educate Filipinos on how to handle their money better, invest in the stock market, take advantage of compound interest and discuss all things personal finance. I'm an avid fan of Warren Buffet, Mark Cuban, Gary Vaynerchuk, Robert Kiyosaki, Og Mandino and Tony Robbins. I want to share this journey with you to broaden my understanding and knowledge in the world of investing, money and wealth.
#etf #etfs #voo #vt #fmetf #exchangetradedfunds #stocks #stockmarket #investing #pesosmart
In this episode: We explore what the Maharlika Investment Fund and Maharlika Investment Corporation are, its purpose and goal, and Chel Diokno's take on the MIF.
💲Peso Smart PH is a channel that aims to educate Filipinos on how to handle their money better, invest in the stock market, take...
Published 11/15/24
In this episode: We discuss the basics of Pagibig MP2 Savings, its dividend payout rate the last 5 years, and how to open an MP2 account online.
💲Peso Smart PH is a channel that aims to educate Filipinos on how to handle their money better, invest in the stock market, take advantage of...
Published 11/13/24