A Beginner's Guide to MP2: The Modified Pag-IBIG 2 Investment

TLDRMP2, or Modified Pag-IBIG 2, is a voluntary savings and investment program by the Home Development Mutual Fund (HDMF). It allows Filipinos to earn higher returns compared to regular savings, with a historical return of 4.59% to 8.11%. Contributions can be made monthly, annually, or in lump sum, and the investment has a maturity period of 5 years. MP2 is ideal for individuals looking for diversification, moderate risk tolerance, and medium-term investments. To invest, one must be an active Pag-IBIG member or have contributed for at least 24 months.

Key insights

💰MP2 is a voluntary savings and investment program by the HDMF, allowing Filipinos to earn higher returns.

📈Historical returns for MP2 range from 4.59% to 8.11%, making it a potential investment option for conservative investors.

💡Contributions to MP2 can be made monthly, annually, or in lump sum for a flexible investment approach.

🌟MP2 is ideal for individuals looking for diversification and moderate-risk investments with a medium-term time horizon.

🏦To invest in MP2, one must be an active Pag-IBIG member or have contributed for at least 24 months.

Q&A

Who can invest in MP2?

—MP2 is open to active Pag-IBIG members or former members with at least 24 months of contributions.

What is the minimum contribution for MP2?

—The minimum contribution for MP2 is 500 pesos.

What is the maturity period for MP2?

—MP2 has a maturity period of 5 years.

Can I withdraw my MP2 investment anytime?

—No, MP2 has a lock-in period of 5 years. However, you have the option to withdraw or reinvest the entire amount after the maturity period.

Is MP2 a safe investment?

—MP2 is backed by the government and offers a tax-free investment option. However, like any investment, there are risks involved. Past performance is not indicative of future results.

Timestamped Summary

00:00MP2 is a voluntary savings and investment program by the HDMF, offering higher returns compared to regular savings.

03:19Contributions to MP2 can be made monthly, annually, or in lump sum, with a minimum contribution of 500 pesos.

06:55The historical returns for MP2 range from 4.59% to 8.11%, depending on market conditions.

09:15MP2 is ideal for individuals looking for diversification and moderate-risk investments with a medium-term time horizon.

11:59To invest in MP2, one must be an active Pag-IBIG member or have contributed for at least 24 months.

14:42Frequently asked questions about MP2 include who can invest, the minimum contribution, maturity period, withdrawal options, and safety considerations.

Browse more