Trade CapitaLand Ascott Trust (CLAS) Odd Lot Units (SGX: HMN) at zero brokerage fees from 12 May to 12 June 2023!


With the re-opening of economies in 2022 coupled with China’s zero COVID-19 policy in December 2022, the lodging and hospitality sectors have registered strong recovery numbers and are well-positioned for future growth. The Board has decided to provide the proposed special dividend-in-specie of 0.057 CapitaLand Ascott Trust (“CLAS”) units per CapitaLand Investment (CLI) share.

This will offer an opportunity for shareholders to participate in the post COVID-19 growth of the lodging sector through the proposed distribution of CLAS Units.


There are 2 methods to trade Unit Share (SGX):

Method 1: Right-click on counter

  • Under the View Price widget, right click on counter to bring up the sub-menu
  • In the sub-menu, select the Trade Unit Share option to open a Unit Share Market Trade ticket

Method 2: SGX Unit Share sub-tab

  • Under the View Price widget, click on the sub-tab SGX Unit Share
  • Search for specific counters via the Add to Watchlist box – a list of suggested results will be shown
  • Click to add the specific counter to the Watchlist
  • Alternatively, you may also search for the counter via the drop-down list available in the SGX Unit Share sub-tab

*Do note that the SGX Unit Share widget has 5 separate Watchlists for you to add counters and view SGX Unit Share prices

T&Cs

  1. The promotional rate is valid for both online and offline executed Odd Lots Trades of Capitaland Ascott Trust (“CLAS”) Units from 12 May 2023 to 12 June 2023 (“Promotion Period”), both dates inclusive, thereafter prevailing rates apply.
  2. Odd Lots Trades refer to:
    1. An aggregate of 99 or less CLAS Units bought in a single day;
    2. An aggregate of 99 or less CLAS Units sold in a single day;
  3. The promotion is available for all Odd Lots Trades transacted in Cash, CPF, and SRS.
  4. Customers will be required to pay the prevailing SGX clearing fee, SGX access fee, and the associated GST.
  5. In the event of a dispute over the Customer’s eligibility to participate in this promotion, Phillip Securities Pte Ltd (“PSPL”)’s decision will be final.
  6. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all participants.
  7. By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.

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IMPORTANT INFORMATION

This material is provided by Phillip Capital Management (S) Ltd (“PCM”) for general information only and does not constitute a recommendation, an offer to sell, or a solicitation of any offer to invest in any of the exchange-traded fund (“ETF”) or the unit trust (“Products”) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You should read the Prospectus and the accompanying Product Highlights Sheet (“PHS”) for key features, key risks and other important information of the Products and obtain advice from a financial adviser (“FA“) pursuant to a separate engagement before making a commitment to invest in the Products. In the event that you choose not to obtain advice from a FA, you should assess whether the Products are suitable for you before proceeding to invest. A copy of the Prospectus and PHS are available from PCM, any of its Participating Dealers (“PDs“) for the ETF, or any of its authorised distributors for the unit trust managed by PCM.  

An ETF is not like a typical unit trust as the units of the ETF (the “Units“) are to be listed and traded like any share on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing on the SGX-ST does not guarantee a liquid market for the Units which may be traded at prices above or below its NAV or may be suspended or delisted. Investors may buy or sell the Units on SGX-ST when it is listed. Investors cannot create or redeem Units directly with PCM and have no rights to request PCM to redeem or purchase their Units. Creation and redemption of Units are through PDs if investors are clients of the PDs, who have no obligation to agree to create or redeem Units on behalf of any investor and may impose terms and conditions in connection with such creation or redemption orders. Please refer to the Prospectus of the ETF for more details.  

Investments are subject to investment risks including the possible loss of the principal amount invested. The purchase of a unit in a fund is not the same as placing your money on deposit with a bank or deposit-taking company. There is no guarantee as to the amount of capital invested or return received. The value of the units and the income accruing to the units may fall or rise. Past performance is not necessarily indicative of the future or likely performance of the Products. There can be no assurance that investment objectives will be achieved.  

Where applicable, fund(s) may invest in financial derivatives and/or participate in securities lending and repurchase transactions for the purpose of hedging and/or efficient portfolio management, subject to the relevant regulatory requirements. PCM reserves the discretion to determine if currency exposure should be hedged actively, passively or not at all, in the best interest of the Products.  

The regular dividend distributions, out of either income and/or capital, are not guaranteed and subject to PCM’s discretion. Past payout yields and payments do not represent future payout yields and payments. Such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value (“NAV”) of the Products. Please refer to <www.phillipfunds.com> for more information in relation to the dividend distributions.  

The information provided herein may be obtained or compiled from public and/or third party sources that PCM has no reason to believe are unreliable. Any opinion or view herein is an expression of belief of the individual author or the indicated source (as applicable) only. PCM makes no representation or warranty that such information is accurate, complete, verified or should be relied upon as such. The information does not constitute, and should not be used as a substitute for tax, legal or investment advice.  

The information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject PCM to any registration or licensing requirement in such jurisdiction or country. The Products is not offered to U.S. Persons. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the Products. Any member of the PhillipCapital Group of Companies may have acted upon or used the information, analyses and opinions herein before they have been published. 

This advertisement has not been reviewed by the Monetary Authority of Singapore.  

 

Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
Tel: (65) 6230 8133 Fax: (65) 65383066 www.phillipfunds.com