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1) What is
PhillipCapital Young Investor Group? |
PhillipCapital has launched the
Young Investor Group (YIG) initiative with the objective of
giving young investors, a head start in investments. At
PhillipCapital, we aim to provide you with the necessary
knowledge and tools so that you are able to start trading
with confidence.
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2) What are the
products I can invest in under YIG? |
Please click
here for the list of products you can invest in under
YIG.
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3) How do I open an
account with PhillipCapital under YIG? |
You can
just approach any Phillip Investor Centre (Click
here for location), Financial Advisor or Trading
representatives of PhillipCapital to open an account.
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4) Why invest with
PhillipCapital? |
For more information on PhillipCapital, click on
http://www.phillip.com.sg/why.htm.
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How do I qualify to be part of YIG? |
If you are 18 -21 years old and have opened an account with
us you will automatically be included under YIG program as a
Young Investors (YI).
To qualify these are the criteria
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Aged
between 18 to 21
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English
literate
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Minimum
education level of ‘N’ ,‘O’ or equivalent
Equivalent includes the following:
Singapore
1. Higher NITEC and Master NITEC from ITE
2. Diploma in Arts Management (Performing Arts) from Nanyang
Academy of Fine Arts (NAFA)
3. LCCI
4. ACCA
5. Senior Cambridge Certificate
China - Middle School Graduate Certificate (issued by
school)
Indonesia - STTB (Surat Tanda Tamat Belajar) AND NEM (Nilai
EBTANAS Murni)
Malaysia - SPM (Sijil Pelajaran Malaysia)
Philippines - High school diploma issued by the individual
school
Vietnam - Diploma of Lower Secondary Education issued by
Head of Bureau of Education and Training of district,
precinct, town or city
Australia - Year 10 Certificate as issued by each State
Hong Kong - Form Five Standard
Thailand - High School Certificate
UK - GCE O
US - High School Certificate as issued by individual states
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6) What if I am
above 21 years old do I still quality this program? |
Yes, clients between the age of 21 and 28 years old will
still qualified. They will be invited to participate in
special events, promotions tailored for this program.
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7) What are the
differences in the services and products offered to Young
Investors as compared to those offered to clients who have
attained 21 years of age? |
The list of products Young Investors can trade on will be
restricted to only the following
products. Young Investor’s trading limit on equity
trading limit (Buy limit) will be based on the amount of
money in the account.
The products and accounts which are more complex are not
offered to those Young Investors between the age of 18 to 21
years old include:
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leveraging accounts such
as, Margin, CFD or Extended Settlement Contract (ES)
accounts
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Futures and Forex
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8) Is there any
penalty if I close my YIG account? |
No. There is no penalty for closing the YIG account.
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9) How do I contact
PhillipCapital? |
You can reach us through the follow means:
Hotline: 6531 1555
Email:
poems_enquiry@phillip.com.sg
General Enquires:
http://www.phillip.com.sg/contact.htm
Or speak to your respective Financial Advisory or trading
representative. |
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