Popular Balanced IRA

• A collective investment trust that invests in a diversified assets portfolio composed of shares from companies in Puerto Rico and the United States mainland, and in bonds whose performance is determined by the net value of their assets.
• Minimum initial deposit: $500.
• Additional contributions to the Fund may be made throughout the year (minimum: $100).
• Allows partial withdrawals of your money and contributions throughout the year. You can also use the IRA Ahorro service to make contributions to your IRA through Internet Banking or TelePago Popular_®.
• Is not insured by the FDIC, is not a deposit, obligation, nor is guaranteed by Banco Popular. There is a possible risk of loss of the invested principal.

Disclosures:

• Initial set-up fee of $30 and an annual administration fee of 1.5% of the net asset value of the assets held by the Trust.
• Withdrawals during the first year have a penalty of 4% of the withdrawn amount; the penalty reduces by 1% every year until it reaches zero.  Treasury Department penalties may apply.
• Processing fee: $5 per instrument on withdrawals and returns for excess of contributions; $25 per instrument for roll overs to an eligible institution.
• For more information regarding the Popular Balanced IRA, including expenses and investment costs, please refer to the offering circular and read it carefully before investing.

IRA accounts are only available for current residents of the Commonwealth of Puerto Rico.  IRA accounts requested through Internet Banking must be paid through an electronic debit. Payments in cash, check or money order will only be accepted at Banco Popular branches.

† Banco Popular offers diverse investment alternatives. Please obtain additional information to determine the alternative that best suits your needs.