Phillip Investment Account – Margin (M)

Up to 70% financing available for over

  • 2000 stocks/ETFs across 11 international markets
  • 100 bonds
  • 200 unit trusts

Financing available in up to 9 currencies

 

Margin Finder




Note:

  • Grade S = 80% financing in Share Financing Account (V) or 70% financing in Phillip Investment Account – Margin (M).
  • Grade A = 70% financing, Grade B = 50% financing

 

Greater Investment Power

The multiplier table below illustrates how much you can leverage to purchase shares, ETFs, bonds, and unit trusts based on different types of collateral

Step 2

Step 1

Collateral Type
(Cash, Shares, ETFs, Bonds, Unit Trusts)
GRADE A
PURCHASE
GRADE B
PURCHASE
GRADE C
PURCHASE
CASH
($10,000)
$35,000 $20,000 $10,000
GRADE A
($10,000)
$25,000 S$14,280 S$7,140
GRADE B
($10,000)
$17,500 S$10,000 S$5,000

Example 1:

Client deposits $10,000 cash and wishes to purchase Grade A Shares

  1. Go vertically down the table, stop at cash (Step 1)
  2. Go horizontally across the table, stop at Grade A Purchase (Step 2)
  3. Client can purchase up to $35,000 worth of Grade A with $10,000 cash deposit

Example 2:

Client deposits $10,000 cash and $10,000 Grade A Shares

  1. Go vertically down the table, stop at cash (Step 1) and go horizontally across the table, stop at Grade B Purchase (Step 2)
  2. Go vertically down the table, stop at Grade A (Step 1) and go horizontally across the table, stop at Grade B Purchase (Step 2)
  3. Client can purchases $34,280 worth of Grade B.

No financing is provided for Grade C shares, you can use your Grade A or Grade B shares as collateral to purchase Grade C shares

 

Key Information

Infosheet


Phillip Investment Account – Margin
Financing Quantum As low as 30% owner’s equity
(70% financing)
Margin Call Period 3 Market Days
Collateral Deposit Before trading
Financing Rates^
  • SGD: 6% p.a.
  • USD: 7% p.a.
  • HKD: 7% p.a.
  • JPY: 4.2% p.a.
  • AUD: 8.75% p.a.
  • GBP: 4.5% p.a.
  • EUR: 7% p.a.
  • CAD: 7% p.a.
  • CNY: 8.25% p.a.
  • Markets Available SG, US, CN, HK, MY, CAN, GER, JP, UK, AU, TH
    Multi-Currency Facility

    (All contracts will be settled
    in traded currency unless
    client stated otherwise, no
    auto conversion)

    SGD, USD, HKD, JPY, MYR, AUD, GBP, CAD, EUR & CNY
    Credit Interest

    (For Credit Balance > 50K)

  • SGD : 0.10% p.a.
  • USD : 0.15% p.a.
  • HKD : 0.10% p.a.
  • AUD : 0.05% p.a.
  • Excess Funds Facility
    Earn 0.8789% SGD p.a./ 1.1100% USD p.a. on your idle funds
    (Rates updated as of 26 March 2018 , based on 1-year rolling return, NAV/NAV prices.
    Past performance is not necessarily indicative of future performance. View Disclaimer )
    Yes
    Securities Lending(SBL)
    Custodise your shares and earn up to 4% p.a.
    Yes

    ^Rates are subject to change from time to time without prior notice

    Enjoy the following waivers:

    View fees for SGX and International Markets

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