Share Financing Account (V)

The Solution For Active Traders

  • Up to 80% financing available for 2000 stocks/ ETFs across 11 international markets
  • Global shares collateral accepted
  • No upfront collateral required
  • Contra capability
  • Financing available in up to 5 currencies (SGD, USD, GBP, HKD, CNY)

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, bond and unit trusts based on different types of collateral

Step 2

Step 1

Collateral Type
(Cash, Shares, ETFs)
GRADE S
PURCHASE
GRADE A
PURCHASE
GRADE B
PURCHASE
GRADE C
PURCHASE
CASH
($10,000)
$50,000 $33,333 $20,000 $10,000
GRADE S
($10,000)
$40,000 $26,664 S$16,000 S$8,000
GRADE A
($10,000)
$35,000 $23,333 S$14,000 S$7,000
GRADE B
($10,000)
$25,000 $16,666 S$10,000 S$5,000

Example 1:

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

  1. Go vertically down the table, stop at cash (Step 1)
  2. Go horizontally across the table, stop at Grade S Purchase (Step 2)
  3. Client can purchase up to $50,000 worth of Grade A with $10,000 cash deposit

Example 2:

Client deposits $10,000 cash and $10,000 Grade S 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 $36,000 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 Share Financing (V) Account
Financing Quantum As low as 20% owner’s equity
(80% financing)
Margin Call Period 5 Market Days
Collateral Deposit Buy first and top up by Due + 1
Financing Rates^ SGD: 7% p.a.
USD: 6% p.a.
HKD: 7% p.a.
GBP: 4.5% p.a.
CNH: 8.25% p.a.
Markets Available SG, US, CN, GER, HK, MY, CAN, 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, CNY & GBP
Credit Interest

(For Credit Balance > 50K)

SGD : 0.10% p.a.
USD : 0.15% p.a.
HKD : 0.10% p.a.
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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