Effective August 3, 2026, the Philippine Stock Exchange (PSE) will implement its latest round of index rebalancing across the PSEi, PSE Dividend Yield (DivY) Index, and sector indices. This notice covers what's changing, what it means for PERA+ investors, and what you need to know if you hold any of the affected stocks.
Key Changes at a Glance
The most significant change for DragonFi clients — particularly those with PERA+ accounts — involves the PSEi:
- MYNLD (Maynilad Water Services Inc.) has been added to the PSEi
- CNVRG (Converge ICT Solutions Inc.) has been removed from the PSEi
Because PERA+ eligibility on DragonFi is based on membership in the PSEi, the PSE DivY Index, or the list of PSE-approved REITs, these changes have direct implications for what you can buy inside your PERA+ account.
What This Means for PERA+ Investors
MYNLD is now PERA-eligible ✅
With Maynilad Water Services Inc. (MYNLD) joining the PSEi, it is now an eligible security for your PERA+ account. You may purchase MYNLD shares within your PERA+ portfolio starting August 3, 2026.
CNVRG is no longer PERA-eligible ❌
With Converge ICT Solutions Inc. (CNVRG) being removed from the PSEi — and not being a member of the DivY Index or the REIT list — it will no longer qualify as a PERA-eligible security after August 3, 2026.
AEV added to the DivY Index — no PERA change
Aboitiz Equity Ventures Inc. (AEV) has been added to the PSE Dividend Yield Index, completing the index at 20 members following the delisting of RRHI. However, since AEV is already a member of the PSEi, it was already PERA-eligible before this change. There is no change to AEV's PERA eligibility.
What Happens If a Stock I Hold Is Removed From the Index?
If you currently hold CNVRG (or any other stock that has been removed from a qualifying index) in your PERA+ account, here's what you need to know:
Your existing position is not affected. You may continue holding the stock in your PERA+ account and will still receive dividends tax-free if the company declares them. You may also sell your shares at any time.
However, once the stock is no longer PERA-eligible, you will not be able to purchase additional shares of that security within your PERA+ account. This ensures that your current investments are not disrupted while keeping your PERA+ portfolio aligned with regulatory eligibility requirements.
Full Index Changes Effective August 3, 2026
The images below show the complete summary of all index changes, as well as the updated composition of the PSEi and PSE DivY Index — which together with all the REITs make up the universe of PERA-eligible stocks on DragonFi.