IRAs - Popular Mutual Funds

 
 

Popular Core Equity Fund IRA & Popular Total Return Fund IRA

New offering by Popular in IRA products, where you will have the opportunity to obtain long-term capital growth and exposure to a variety of markets, including the U.S.

Features of both IRAs

  • Minimum initial contribution: $3,000
  • No maturity or end period
  • Products with weekly liquidity
  • Allows partial withdrawals and contributions during the year
  • Contributions are deductible from your Tax Return

Structure of both IRAs

Investment products in an IRA account that are managed through a trust and structured with two of Popular's family of mutual funds: Popular Core Equity Fund and Popular Total Return Fund.

Benefits of Popular funds

Popular Core Equity Fund

  • El Popular Core Equity Fund ("Core Equity") is a P.R. open-end investment company, commonly referred to as a mutual fund.
  • Managed by Popular Asset Management, a Banco Popular de Puerto Rico division, the fund invests primarily in U.S. high-capitalization stock market.
    • 80% directly in U.S. common stock.
    • 20% in P.R. assets – cash used as collateral to purchase exposure to the S&P 500 Index of U.S. common stocks.
  • The main investment objective of this fund is long-term capital appreciation.

Popular Total Return Fund

  • The Popular Total Return Fund ("Total Return") is a P.R. open-end investment company, commonly referred to as a mutual fund.
  • Managed by Popular Asset Management, a Banco Popular de Puerto Rico, the fund provides a balanced portfolio with access to stocks from the U.S., as well as from developedan emerging foreign countries.
    • 80% in global stocks through index stocks (ETFs).
    • 20% in  P.R. securities supported by federal agencies (GNMA, FNMA, FHLMC).
  • The main investment objective of the Total Return is long-term capital appreciation, with a secondary objective of generating more income.

Open your IRA today or do a rollover. For additional information, contact your financial advisor at 787.758.7400.