Updated: September 24, 2020
Ten years have passed since I first wrote about PERA or the Personal Equity and Retirement Account. Not much has changed since then except there are now additional ways to invest in PERA and more investment funds to choose from.
Today, we’ll list down the current administrators and investment options.
If you’re not familiar with PERA, then you can read this primer: PERA Facts: Personal Equity and Retirement Account Philippines
PERA ADMINISTRATORS
Digital Platform Provider: Seedbox Philippines
PERA Administrators
- ATRAM Trust Corporation
- BDO Unibank, Inc.
- BPI Asset Management and Trust Corporation
- Land Bank of the Philippines – launching soon
PERA INVESTMENT FUNDS
ATRAM / Metrobank
- Metrobank PERA Bond Fund
- Metrobank PERA Equity Fund
- Metrobank PERA Money Market Fund
No information about these funds are available online as of writing. But we can assume for now that the minimum investment is P1,000. Minimum additional transaction amount is P1,000 also. And the management fee is 1% per year.
Banco De Oro
BDO PERA Short Term Fund
Minimum Initial Investment: PHP 1,000
Minimum transaction amount: PHP 1,000
Trust Fee: 0.50% p.a.
BDO PERA Bond Index Fund
Minimum Initial Investment: PHP 1,000
Minimum transaction amount: PHP 1,000
Trust Fee: 1.00% p.a.
BDO PERA Equity Index Fund
Minimum Initial Investment: PHP 1,000
Minimum transaction amount: PHP 1,000
Trust Fee: 1.00% p.a.
Bank of Philippine Islands
BPI PERA Government Bond Fund
Minimum Initial Investment: PHP 1,000
Minimum transaction amount: PHP 1,000
Trust Fee: 1.00% p.a.
BPI PERA Equity Fund
Minimum Initial Investment: PHP 1,000
Minimum transaction amount: PHP 1,000
Trust Fee: 1.50% p.a.
BPI PERA Corporate Income Fund
Minimum Initial Investment: PHP 1,000
Minimum transaction amount: PHP 1,000
Trust Fee: 1.25% p.a.
BPI PERA Money Market Fund
Minimum Initial Investment: PHP 1,000
Minimum transaction amount: PHP 1,000
Trust Fee: 0.50% p.a.
Land Bank – launching soon
Land Bank PERA Bond Fund
Minimum Initial Investment: PHP 5,000
Minimum transaction amount: PHP 1,000
Trust Fee: 1.00% p.a.
Land Bank PERA Money Market Fund
Minimum Initial Investment: PHP 5,000
Minimum transaction amount: PHP 1,000
Trust Fee: 0.20% p.a.
LANDBANK PERA Global $ Fund
Minimum Initial Investment: USD 200
Minimum transaction amount: USD 100
Trust Fee: 1.00% p.a.
This page will be updated with more PERA Administrators and PERA Investments as soon as they’re available. Last update: September 2020
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I am 57 years old and currently employed. Is it still advisable for me to open a PERA account?
Thank you big time for the regular updates. I also have been patiently watching as PERA develops. We are still in hopes that soon, all of the products authorized for investment will be offered. Individual stocks are on the list but none of the providers offer a means to trade them yet.
@Greg
I don’t recommend it.
Can i have a pera.seedbox account and bpi pera account? Or only one?
[…] 9 List of PERA Administrators and PERA Investment Funds A rundown of the administrators and investment options for the Personal Equity and Retirement […]