CFD Landing Page

Start Trading CFDs Today

Trade US Share CFDs with 0 Commission for 30 days

& Receive S$50 in Cash Credits when you Fund and Trade

Open CFD Account

Start Trading CFDs Today

Trade US Share CFDs with 0 Commission for 30 days & Receive S$50 in Cash Credits when you Fund and Trade.

Open CFD Account

Check out Your CFD Welcome Gifts

0

Commission on US Share CFDs

Enjoy 0 commission on online US Share CFD trades for 30 days from activation.

Online trades via POEMS platforms only (excludes POEMS CFD MT5). Overnight financing and other prevailing charges still apply.

S$50

Cash Credits

Fund an initial deposit of S$3,000 within 14 days, hold for 30 days, and trade 3 eligible CFDs within 60 days.


Limited to the first 1,000 eligible accounts. Credits posted within 60 days after qualifying trade period.

How to Qualify

Three Simple Steps to unlock CFD Welcome Gifts.

Open a POEMS CFD Account

New to CFD

Activates upon receiving notification email.

Fund at Least S$3,000

Deposit funds within 14 days of account opening.

Hold Funds for 30 Days

Maintain your funds for at least 30 calendar days.

Funds can be used for trading but not withdrawn.

Open CFD Account

Key Things to Note

Online trades via POEMS platforms only (excludes POEMS CFD MT5)

0 commission valid 30 days from activation — you'll be notified by email

Cash credits posted within 60 days after the qualifying trade period

First 1,000 eligible accounts only

Frequently Asked Questions

FAQs

Terms & Conditions

T&Cs
  1. The Promotion will run from 1 September 2026 to 1 November 2026, both dates inclusive (“Promotion Period”). 
  2. Customers who open a POEMS CFD Account (“Eligible Account”) during the promotion period, and do not have any existing POEMS CFD Account(s) with Phillip Securities Pte Ltd (“PSPL”) 
  3. 0 Commission for US Equity CFD Trading Rewards 
    • Eligible Accounts will be awarded 0 commission on US Equity CFD trades for 30 days. 
    • Only applicable to ONLINE trades executed through POEMS’ suite of platforms. (Excluding POEMS CFD MT5) 
    • Customers will receive an email notification once the 0 Commission for US Equity CFDs has been activated for their Account. 
    • The 0 Commission for US Equity CFDs will be valid for 30 days from the date of activation. 
    • PSPL will not be liable to compensate for any commission charges incurred on US equity CFD trades prior to the activation of the 0 Commission Reward. 
    • Overnight financing charges and other prevailing charges are still applicable. 
  4. Fund and Trade Reward 
    • Eligible Account will need to make an initial deposit of S$3,000 or more within 14 days of Account opening (“Initial Capital”), hold the funds for at least 30 days, and execute at least 3 Eligible Trades within 60 days from Account opening (“Qualifying Trade Period”) to receive S$50 in Cash Credits. 
    • An “Eligible Trade” refers to any CFD trade that is not a liquidation trade. 
    • Only applicable to ONLINE trades executed through POEMS’ suite of platforms (Excluding POEMS CFD MT5) 
    • Initial Capital must remain in the CFD Account for at least 30 days. It can be used for trading but cannot be withdrawn or transferred. 
    • Amalgamated trades (BUY and Sell trades of the same counter for the same market done on the same trading day) are considered as one trade. 
    • Your Account must have more than S$0 by the end of the 60 days after Account opening. 
    • If you have more than one Account, only the Account with most Eligible Trades will be eligible for the Reward.   
    • The Cash Credit will be posted to your Account within 60 days after the end of the Qualifying Trade Period. The Fund & Trade Reward is limited to the first 1,000 Eligible Accounts who meet the funding and trading criteria.  
  5. The following Customers are NOT eligible to participate in this promotion unless approved by the management of PSPL:   
  6. Customers who have any existing CFD Accounts with PSPL.  
  7. Customers who have closed any CFD Accounts with PSPL before.  
  8. Corporate Accounts and Joint Account holders. All employees of PSPL and its associated entities, subsidiaries and partners (e.g. trading representatives, financial advisor representatives, other contractual representatives etc.) and their immediate families (e.g. spouse and children).   
  9. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Reward. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final. 
  10. Days refer to calendar days. 
  11. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants. 
  12. This promotion is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the product mentioned. It does not have any regard to your specific investment objectives, financial situation or particular needs. Investments are subject to investment risks. The risk of loss in leveraged trading can be substantial and you could lose in excess of your initial funds. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. You may wish to obtain advice from a financial adviser before investing in any investment products. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.phillipcfd.com) before trading in this product. 
  13. This advertisement has not been reviewed by the Monetary Authority of Singapore. 
  14. By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions, and Disclaimers. 

Disclaimer

CFDs may not be suitable for customer whose risk tolerance is low. Customers are advised to understand the nature and risks involved in margin trading. Any CFD offered is not approved or endorsed by the issuer or originator of the underlying security the issuer or originator is not privy to the CFD contract. Phillip Securities Pte Ltd reserves the right to amend the published information without prior notice. You are advised to read carefully and understand the Risk Disclosure Statement and CFD Risk Fact Sheet before undertaking transactions in CFDs. As CFD is a Specified Investment Product (SIP), retail customers are subject to the relevant assessment for trading/investing in SIPs. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Copyright © 2026. Brought to you by Phillip Securities Pte Ltd (A member of PhillipCapital) Co. Reg. No. 197501035Z. All Rights Reserved.

Tokenised Money Market Fund | TMMF

Phillip Capital Management | BNP Paribas Custody

Regulated Tokenised Money Market Fund for Digital
Asset Infrastructure

MAS-aligned AML/CFT controls, on-chain transparency, and institutional-grade custody. Built for exchanges, platforms, and Web3-native firms.

MAS AML/CFT Compliant USD $2.4B+ AUM 15+ Years Track Record Talk to Us THE CHALLENGE

Digital Asset Infrastructure Needs Institutional-Grade Liquidity

Exchanges, stablecoin platforms, and Web3 firms require compliant, real-time settlement rails. Traditional money market funds offer stability but lack on-chain integration.

Market makers need instant access. Custody must remain institutional-grade. Compliance Compliance is non-negotiable.

THE SOLUTION

Tokenised MMF with Embedded Compliance

Built for Digital Asset Infrastructure

A money market fund designed for Web3-native operations, institutional compliance
standards, and seamless blockchain integration.

Real-Time Settlement for Market Making

Enable T+0 token minting and redemption. Support high-frequency liquidity operations for partnered exchanges and stablecoin platforms.

MAS AML/CFT Compliance Built In

KYC verification, transaction screening, and monitoring. Whitelisted wallets only—no anonymous transfers. Full on-chain traceability.

Multi-Chain Institutional Infrastructure

Deployed on Ethereum (ERC-3643 regulated asset standard) and XRPL. Transfer restrictions and identity requirements enforced at the protocol layer.

Institutional Custody & Self-Custody Support

BNP Paribas trustee for underlying fund. Tokens deliverable to whitelisted institutional self-custody wallets or qualified custody providers.

15+ Years of Proven Fund Performance

Phillip Capital Management MMF with consistent outperformance vs. Fed Funds lower bound. US $845M in US MMF; $2.4B+ total MMF AUM (Dec 2025).

Business Continuity & Off-Chain Backup

Multi-node redundancy. Off-chain ownership register maintained. Ability to reconstruct and reissue tokens on new contracts or chains if required.

How It Works

A streamlined flow from subscription to redemption, with compliance controls at every step.

01

Cash Transfer & Subscription

Institutional participant transfers cash to the licensed distributor. Subscription gets placed into underlying Phillip Capital Management MMF.

02

Token Minting

Upon successful subscription, tokens are minted on-chain. 1 token = 1 fund unit, mirroring beneficial ownership and rights.

03

Delivery to Whitelisted Wallets

Tokens delivered to KYC-verified, whitelisted wallets. Self-custody for institutions or approved custody providers for qualified individuals.

04

On-Chain Transfers & Compliance

Transfers restricted to authorised, whitelisted participants only. All transactions monitored; no anonymous counterparties permitted.

05

Redemption & Token Burning

Token holders initiate redemption. Tokens burned on-chain. Cash proceeds from underlying MMF redemption transferred to participant's designated account.

06

Market Making & Liquidity

Active market maker supports partnered exchanges and stablecoin platforms. Enables seamless on/offramp operations and real-time settlement.

Compliance & Risk Controls

Built on a foundation of regulatory alignment, operational transparency, and
institutional-grade security.

MAS AML/CFT Alignment

Platform applies MAS-aligned anti-money laundering and counter-financing of terrorism standards. All participants undergo KYC verification and ongoing screening.

Transaction Monitoring

Continuous monitoring of all on-chain transactions. Suspicious activity flagged and investigated. Real-time compliance enforcement.

On-Chain Traceability & Whitelisting

Every token transfer is recorded on-chain. Transfers permitted only between whitelisted, authorised participants. No anonymous counterparties.

Technology Risk Management (TRM)

MAS TRM Guidelines applied. Multi-node infrastructure. Regular security audits. Robust operational resilience protocols in place.

Important: While this product leverages innovative tokenisation technology, it is structured to minimize changes to the underlying fund's regulatory framework. The Digital Twin – Distributor Model does not create a new share class or separate vehicle. Investors receive disclosure acknowledgements covering additional digital asset risks. This approach maintains institutional compliance standards while enabling Web3 integration.

Multi-Chain Infrastructure with Compliance Embedded

Deployed on public blockchain networks with regulatory controls enforced at the protocol and application layers.

Ethereum

ERC-3643 TOKEN STANDARD

ERC-3643 is purpose-built for regulated securities and tokenised assets. Supports identity verification and transfer restrictions at the smart contract level.

COMPLIANCE CONTROLS

XRP Ledger (XRPL)

Trustlines + Compliance Layer INTEGRATION APPROACH

Utilises XRPL's native trustline mechanism combined with application-layer compliance controls for institutional-grade transfer restrictions.

COMPLIANCE CONTROLS

Additional blockchain networks may be supported in future releases based on partner and institutional demand.

Business Continuity & Operational Resilience

Multi-layered infrastructure designed for institutional reliability and disaster recovery.

Multi-Node Architecture

Multiple blockchain node instances ensure redundancy. No single point of failure in transaction processing or data availability.

Off-Chain Backup Register

Ownership records maintained off-chain as backup. Enables reconstruction in extreme scenarios such as smart contract failures or chain issues.

Reissuance Capability

If required, tokens can be reissued on a new smart contract or alternative blockchain. Ownership rights preserved via off-chain backup.

BCP Documentation

Comprehensive business continuity plans documented and tested. Clear protocols for service restoration and participant communication.

Technology Risk Management (TRM)

MAS TRM GUIDELINES APPLIED OPERATIONAL MONITORING

Who It's For

Built for institutional participants in digital asset infrastructure. This is not a retail product.

Digital Asset Exchanges

Enable seamless settlement for trading pairs. Support institutional liquidity operations with T+0 minting and redemption.

TYPICAL USE CASES Settlement reserves Collateral management Liquidity pools

Stablecoin Platforms & On/ Off-ramps

Integrate tMMF as fiat backing or reserve instrument. Enable compliant conversion flows between fiat and digital assets.

TYPICAL USE CASES Reserve management Fiat on/off-ramps Redemption mechanisms

Market Makers & Institutional Trading Firms

Access institutional-grade MMF exposure with on-chain settlement. Support high-frequency operations across digital asset markets.

TYPICAL USE CASES Real-time settlement Collateral optimisation Cross-chain liquidity

Financial Institutions Exploring Tokenisation

Partner with a proven model for regulated tokenised assets. Learn from a Digital Twin structure that minimizes regulatory friction.

TYPICAL USE CASES Pilot programs Infrastructure integration Compliance frameworks

Institutional Onboarding Required: All participants must complete KYC verification, entity screening, and whitelisting before accessing the platform. This offering is not available to retail investors.

Frequently Asked Questions

Technical, compliance, and operational questions answered.

Order Taking & Subscription

How do I subscribe to the Phillip tMMF USD?

Subscriptions must be submitted using the PSPL U1 Subscription Form and Addendum via email. To ensure same-day processing, all orders must be received by 10:00 a.m. SGT.

What is the minimum investment amount?

The minimum initial subscription is USD 100,000. Subsequent subscriptions by the same investor may be made in smaller amounts (multiples of USD 100), with no minimum threshold for top-ups.

How will I be notified once my subscription order is confirmed?

A successful submission confirmation email will be sent to the client upon receipt of the order. The actual contract note will be issued at T+2 after the subscription is processed.

Under what circumstances would my order be rejected?

Orders may be rejected due to insufficient funding or holdings, submission in the incorrect currency or incorrect form details.

NAV Pricing & Valuation

How often is the NAV price updated?

The NAV price is updated once daily, by noon SGT.

Who is responsible for updating the NAV on the smart contract?

PSPL is responsible for updating the NAV on the smart contract. The NAV reflects a historical price and can also be viewed on the Ethereum blockchain at contract address: 0xFfbe99453ACebCEDE91B4782AE3E80786baE3655 (under the Events tab — NAVPriceUpdated).

At what price will my redemption be processed?

Redemptions are priced at the NAV published on the date the redemption request is received, provided the form is submitted before the 10:00 a.m. SGT cut-off.

To how many decimal places are tMMF units and NAV values expressed?

tMMF units are expressed to 2 decimal places. The tMMF NAV value is expressed to 4 decimal places.

Settlement & Payment

What is the settlement timeframe for subscriptions?

Settlement is reflected in your ledger account at T+1. For the USD Money Market Fund, the fund is marked out at 4:15 p.m. US time, which is treated as T+0 on PSPL’s books. The actual withdrawal timeline depends on your chosen payment method. – https://www.poems.com.sg/payment/

How long does a withdrawal take to reach my bank account?

Withdrawal timelines depend on the payment method selected. For DBS Multi-Currency Account (MCA) transfers, there are no charges and funds are expected to arrive on the same day after 7:00 p.m. For other methods, please refer to the POEMS Payment Instructions page – https://www.poems.com.sg/payment/

Redemption Process

Is there a separate redemption form?

No separate form is required. The same subscription/redemption form is used — different sections must be completed for redemptions. The same 10:00 a.m. SGT cut-off time applies.

How often can I redeem?

Redemptions can be submitted on any business day. Multiple redemption requests received will be aggregated and processed together.

Are there any redemption or withdrawal charges?

Charges depend on the method of withdrawal. DBS MCA transfers incur no charges. Other payment methods may vary — please refer to the POEMS Payment Instructions page for details. – https://www.poems.com.sg/payment/

What is the typical timeline from redemption request to receipt of funds?

Settlement is at T+1 from the date the redemption notice is received before the 10:00 a.m. cut-off. Actual receipt of funds depends on the payment method; DBS MCA transfers are indicatively same day after 7:00 p.m.

Custody & Token Management

Who holds custody of my tMMF tokens?

You may choose to hold your tMMF tokens in self-custody using your own compatible wallet, giving you direct control over your tokens. Alternatively, PSPL can hold custody of the tMMF tokens on behalf of clients.

How do I register my wallet for the tMMF?

Unique wallets must be submitted to PSPL for whitelisting. A Satoshi test will be conducted to verify wallet ownership.

What happens to my tokens when I redeem?

Upon redemption, the corresponding tokens are collected and burnt to maintain a 1:1 ratio between traditional Money Market Fund units and tokenised units.

How is my holding tracked and audited?

Each blockchain token corresponds 1:1 to an underlying fund unit. All activities are recorded both on-chain and off-chain to maintain a full audit trail. Total token supply remains fully backed by off-chain units through ongoing reconciliation.

Is stamp duty applicable on token transfers between clients?

Stamp duty is not applicable under the current structure.

Documentation & Risk Disclosure

Where can I find the Terms & Conditions?

Please refer to the Terms & Conditions in the subscription form and the POEMS website (Part General Conditions, Section 11) – https://www.poems.com.sg/mobile/TermsAndConditions.htm – part A. Tokenisation-specific risks are covered in the Addendum provided alongside the subscription form.

What risks should I be aware of as a client?

Specific risks including smart contract risk, counterparty risk, and liquidity risk are disclosed in the Addendum to the subscription form. Please review the Addendum carefully before investing.

Ready to Integrate Tokenised MMF into Your Infrastructure?

Connect with our institutional partnerships team to discuss integration requirements,
compliance workflows, and commercial terms.

Talk to Us Product Sheet

Partnership Inquiries

tokenisation@phillip.com.sg    |    Integration Documentation

ETF Campaign 1 Sept – 30 Nov

OPEN ACCOUNT

Campaign Period: 1 Sep 2026 to 30 Nov 2026

REWARD MILESTONES

Unlock Cash Rewards with ETFs

Trade eligible SGX-listed ETFs during the campaign period to qualify. The more you diversify, the more you earn.

                                                                                                                   *T&Cs Apply

*T&Cs Apply

Get Started in 3 Simple Steps

1

Sign In

Sign in via POEMS Mobile 3 App, or Open an Account if you're new.

2

Trade

Buy eligible SGX-listed ETFs and fulfil the campaign's qualifying trade requirements.

3

Earn

Qualify for Cash Credits of up to S$188, plus compete for the Top Trader Prize of S$888. Eligible SGX-listed ETFs Select from a range of ETFs below, designed to help you build a portfolio aligned with your investment goals. All Equity Bonds REITs Gold

State Street SPDR Straits Times Index ETF

Tracks the performance of the Straits Times Index (STI), which comprises the 30 largest companies listed on the Singapore Exchange. Trade (ES3.SGX)

Amova Singapore STI ETF

Tracks the FTSE Straits Times Index (STI), which covers the 30 largest companies listed on the Singapore Exchange (SGX). Trade Now (G3B.SGX)

Xtrackers MSCI Singapore UCITS ETF 1C

Tracks the performance of the MSCI Singapore Investable Market (IMI) Index, covering large, mid, and small-cap companies in Singapore. Trade Now (O9A.SGX)

Phillip Sing Income ETF

Tracks the Morningstar Singapore Yield Focus Index. Trade Now (OVQ.SGX)

Phillip-Nova MSCI Singapore Daily (2X) Leveraged Product

Tracks twice (2x) the daily performance of the MSCI Singapore Index. Trade Now (LSS.SGX)

Phillip-Nova MSCI Singapore Daily (-1X) Inverse Product

Tracks the opposite (-1x) of the daily performance of the MSCI Singapore Index using a futures-based synthetic replication strategy. Trade Now (SSS.SGX)

Lion-OCBC Securities Singapore Low Carbon ETF

Tracks the iEdge-OCBC Singapore Low Carbon Select 40 Capped Index. Trade Now (ESG.SGX)

ABF Singapore Bond Index Fund

Tracks the iBoxx ABF Singapore Index, which measures the performance of SGD-denominated sovereign and sub-sovereign debt issued in Singapore. Trade Now (A35.SGX)

Amova SGD Investment Grade Corporate Bond Index ETF

Tracks the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index. Trade Now (MBH.SGX)

Xtrackers II Singapore Government Bond UCITS ETF 1C

Tracks the FTSE Singapore Government Bond Index, which measures the performance of Singapore dollar-denominated bonds issued by the government of Singapore. Trade Now (KV4.SGX)

Phillip SGD Money Market ETF

Tracks the performance of the FTSE SGD 3-month Compounded Singapore Overnight Rate Average (SORA) Index. Trade Now (MMS.SGX)

CSOP iEdge S-REIT Leaders Index ETF

Tracks the iEdge S-REIT Leaders Index, which measures the performance of the largest and most liquid Singapore Real Estate Investment Trusts (S-REITs). Trade Now (SRT.SGX)

Lion-Phillip S-REIT ETF

Tracks the performance of the Morningstar Singapore REIT Yield Focus Index. Trade Now (CLR.SGX)

LionGlobal Singapore Physical Gold ETF

Tracks the performance of the LBMA Gold Price AM as closely as possible before fees and expenses. Trade Now (GLU.SGX)

Frequently Asked Questions

Am I required to register first before I participate in this promotion? No, registration is not required. Your Account will be automatically tracked when you execute eligible trades during the campaign period. How do I qualify for the S$88 Cash Credit? To qualify, a POEMS account holder must: Trade 2 or more eligible SGX-listed ETFs with a minimum total buy value of S$20,000 between 1 Sep 2026 and 30 Nov 2026. How do I qualify for the S$188 Cash Credit? To qualify, a POEMS account holder must: Trade 4 or more eligible SGX-listed ETFs with a minimum total buy value of S$30,000 between 1 Sep 2026 and 30 Nov 2026. How do I qualify for the S$888 Cash Credit? The participating Account with the highest total buy traded value of eligible SGX-listed ETFs from 1 Sep 2026 to 30 Nov 2026 will be the Top Trader and receive an exclusive S$888 Cash Credit. Can I qualify for both Tier 1 and Tier 2 rewards? No. Each Customer can receive only one of the S$88 or S$188 Cash Credit. However, the S$888 Cash Credit may be awarded in addition to either the S$88 or S$188 Cash Credit, subject to the respective qualifying criteria. What are the benefits of trading ETFs? ETFs offer a convenient and cost-effective way to diversify your portfolio, providing exposure to a basket of securities across different asset classes, sectors and markets through a single investment. They also offer intra-day liquidity, price transparency and generally lower costs, making them a flexible option for investors looking to build and diversify their portfolios. I am a Cash Trading Account holder. Am I eligible for this promotion? No, Cash Trading Account holders are not eligible for this promotion. You may consider opening an eligible Account type or converting your Cash Trading Account to a Cash Management Account.

Terms & Conditions

T&Cs for S$88 Cash Credit
  1. This promotion is valid from 1 Sep 2026 to 30 Nov 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
  2. Promotion Details:
  1. This Promotion is not applicable to
    • Cash Account(s)
    • Joint Account(s)
    • PSPL institutional Customers and corporate Customers
  1. Phillip Securities Pte Ltd (“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 Customers 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 Customers.
  2. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
  3. By participating in this promotion, you acknowledge that you have read and consented to these Terms and Conditions.
  4. This advertisement has not been reviewed by the Monetary Authority of Singapore
T&Cs for S$188 Cash Credit
  1. This promotion is valid from 1 Sep 2026 to 30 Nov 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
  2. Promotion Details:
  1. This Promotion is not applicable to
    • Cash Account(s)
    • Joint Account(s)
    • PSPL institutional Customers and corporate Customers
  1. Phillip Securities Pte Ltd (“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 Customers 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 Customers.
  2. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
  3. By participating in this promotion, you acknowledge that you have read and consented to these Terms and Conditions.
  4. This advertisement has not been reviewed by the Monetary Authority of Singapore
T&Cs for S$888 Cash Credit
  1. This promotion is valid from 1 Sep 2026 to 30 Nov 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
  2. Promotion Details:
  1. This Promotion is not applicable to
    • Cash Account(s)
    • Joint Account(s)
    • PSPL institutional Customers and corporate Customers
  1. Phillip Securities Pte Ltd (“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 Customers 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 Customers.
  2. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
  3. By participating in this promotion, you acknowledge that you have read and consented to these Terms and Conditions.
  4. This advertisement has not been reviewed by the Monetary Authority of Singapore

POEMS Coin Raffle

POEMS Raffle Tickets · 1 Sep – 1 Nov 2026 Win a 2.5g PAMP Gold Bar (worth S$530*) with POEMS Rewards! Get POEMS Coins with your Welcome Gift funding tier. Use 1,000 Coins for a raffle entry and stand a chance to win 1 of 3 PAMP Suisse Lady Fortuna 2.5g Gold Bars. 1,000 Coins per entry 3 Gold bars 50 Consolation Stock Coupons *Price subjected to fluctuations .

Coins or Reward Points

Most people reach the raffle from POEMS Mobile 3 using POEMS Coins. If you trade on POEMS 2.0 and hold POEMS Reward Points instead, you are in as well — a point and a coin carry the same value, so an entry costs the same on either side.
POEMS Coin Raffle · 1 Sep – 1 Nov 2026

Your coins. A chance at gold.

POEMS Coins are credited with your Welcome Gift funding tier. Spend 1,000 of them on a raffle entry and go into the draw for one of three PAMP Suisse Lady Fortuna 2.5g gold bars. Trade on POEMS 2.0 instead? Your POEMS Reward Points count too. 1,000Coins or Points per entry 3Gold bars 50Consolation coupons Work out your entries → See the prize Philly
Both platforms

Coins or Reward Points — both get you in

Most people reach the raffle from POEMS Mobile 3 using POEMS Coins. If you trade on POEMS 2.0 and hold POEMS Reward Points instead, you are in as well — a point and a coin carry the same value, so an entry costs the same on either side. POEMS Mobile 3

POEMS Coins

1,000Coins = 1 entry
  • Credited with your Welcome Gift funding tier — 1,000 at Tier 1, 3,000 at Tier 2
  • Topped up by the onboarding quest, daily check-ins and quests
  • Spent in the Rewards Centre in the app
= 1 Coin = 1 Point POEMS 2.0

POEMS Reward Points

1,000Points = 1 entry
  • Earned at 1 point per S$1 of commissions on equities trades
  • The balance you already hold counts — no funding required
  • Spent on POEMS 2.0 Web
Work out your entries → Whichever you hold, the same 10-entry cap and the same prize pool apply.

Reward Points inclusion is draft and pending confirmation. The rate above assumes one Reward Point is treated as equal to one POEMS Coin. POEMS Reward Points are currently earned at 1 point per S$1 of equities commissions and redeemed against a published e-voucher schedule (300 points for a S$5 voucher), so the points-per-entry rate for the raffle must be confirmed by product before release. Whether one customer may combine a Coin balance with a Reward Point balance, and whether the Welcome Gift funding tiers credit Reward Points as well as Coins, are also to be confirmed.

The currency

What a POEMS Coin is

A loyalty currency inside POEMS. Coins are earned, never bought — and for this campaign, they buy entries into the raffle.

Earned with your funding

Fund Tier 1 and receive 1,000 coins. Fund Tier 2 and receive 3,000. Coins are credited alongside your Stock Coupon once the 30-day holding period on your funds is met.

Topped up in the app

The onboarding quest is worth roughly 1,000 coins, and daily check-ins and quests in POEMS Mobile add more over time. Existing customers can use the balance they already hold.

Spent on entries

One raffle entry costs 1,000 coins in the Rewards Centre, or 1,000 Reward Points on POEMS 2.0. Entries are capped at 10 per customer. Neither coins nor points have cash value, and neither can be bought with cash.
Coins & points redemption

Work out how many entries you can buy

Pick your platform, then set where your balance comes from. Every 1,000 coins — or 1,000 Reward Points — is one entry, and entries are capped at 10 per customer.

A point and a coin carry the same value, so the entry cost is the same either way.

Credited after the 30-day hold on your funding is met.

012,000

Daily check-ins and quests. Existing customers can use their current balance here.

✓ Include the onboarding quest Roughly 1,000 coins for completing onboarding in POEMS Mobile. Raffle entries 6 of a 10-entry cap Total coin balance 6,000 Coins left over 0 Entries used6 of 10 6,000 coins buys 6 entries into the draw. Prizes are fixed at 3 gold bars and 50 coupons, so more entries mean more chances, not better odds per entry.

Illustrative only, and based on draft mechanics pending compliance approval. Coin and Reward Point balances vary, and the figures shown here are an estimate. The points-per-entry rate for POEMS 2.0 is pending confirmation. Entering the raffle does not guarantee a prize — chances of winning depend on the total number of entries received.

The prize pool

Three gold bars, and fifty coupons

Prize numbers are fixed for the whole campaign. They do not change with the number of entries received. Grand prize · 3 winners

PAMP Suisse Lady Fortuna 2.5g gold bar

PAMP Suisse2.5 g999.9 Metal999.9 fine gold, 2.5 grams PackagingSealed in a CertiPAMP assay card carrying a unique serial number RefinerPAMP Suisse, accredited by the LBMA QuantityThree bars in total, one per winner

The bar is awarded as a physical prize. It is not an investment product, and no return is offered or implied.

Consolation · 50 winners

S$20 Stock Coupon

One coupon per winner, for use on SG and US cash market BUY trades placed online. Same terms as the Welcome Gift coupons — minimum contract value S$100 or US$100, one-time use, and expiring 90 days from issuance.

Consolation winners are capped at 50 for the campaign.

How it works

From funding to the draw

1

Fund a tier

Open a Cash Plus Account and fund S$3,000 or S$10,000 within 14 days. 2

Hold for 30 days

Keep the funds in place. Your Stock Coupon and your coins are both credited once the hold clears. 3

Buy entries

Go to the Rewards Centre in POEMS Mobile and spend 1,000 coins per entry, up to 10 entries. 4

Wait for the draw

Entries close 31 December 2026. The draw takes place in January 2027 and winners are notified directly.

Existing customers do not need to fund a tier — entries can be bought in the Rewards Centre with an existing coin balance.

Dates

Key dates

Tue 1 Sep 2026Campaign opens. Funding from this date earns Stock Coupons and POEMS Coins. Sun 1 Nov 2026Campaign period ends. Funding after this date no longer earns the Welcome Gift. Mon 30 Nov 2026SGX Enhanced Market Depth access ends. Tue 15 Dec 2026Last Stock Coupons and coins credited, as the final cohort clears its 30-day hold. Thu 31 Dec 2026Raffle entries close. Entry sales run past the campaign end so customers who fund late still have time to take part. Jan 2027Draw takes place, winners are notified, and gold bar collection is arranged.
Questions

Frequently asked

I trade on POEMS 2.0 and hold Reward Points, not Coins. Can I enter?Yes. A POEMS Reward Point and a POEMS Coin carry the same value, so 1,000 Reward Points buys one entry, exactly as 1,000 coins does. You do not need the mobile app, and you do not need to fund a Welcome Gift tier — the Reward Point balance you already hold is enough. The points-per-entry rate is draft and pending confirmation.
Can I combine my Coins and my Reward Points?To be confirmed. The two balances sit on different platforms — Coins in POEMS Mobile 3, Reward Points on POEMS 2.0 — and whether they can be pooled towards the same entry is pending confirmation. The 10-entry cap applies per customer.
How do I get POEMS Coins?Two ways. Funding a Welcome Gift tier credits 1,000 coins at Tier 1 or 3,000 at Tier 2, paid alongside your Stock Coupon once the 30-day holding period is met. Separately, you can earn coins in POEMS Mobile through the onboarding quest, daily check-ins and quests.
Can I buy coins or entries with cash?No. Coins are earned, not purchased, and raffle entries can only be paid for with coins. Coins carry no cash value and cannot be exchanged for cash.
Why do I have to wait 30 days for my coins?Coins follow the same rule as the Stock Coupon — they are credited only after the qualifying funds have stayed in the account for 30 days. That is also why entry sales continue past the campaign end date, so customers who fund in the closing days still have time to spend what they earn.
Is there a limit on entries?Yes, 10 entries per customer. The funding grant alone buys 1 entry at Tier 1 and 3 at Tier 2, so the cap only comes into play once you have also earned coins in the app.
I am an existing customer. Can I take part?Yes. The raffle is open to eligible existing customers, who can buy entries in the Rewards Centre using their current coin balance. Funding a Welcome Gift tier is not required to enter.
What are my chances of winning?There are three grand prizes and fifty consolation prizes for the whole campaign. Chances of winning depend on the total number of entries received, which is not known in advance.
What happens to coins I do not spend?They stay in your balance and can be spent on other items in the Rewards Centre. Unspent coins do not roll over into extra entries automatically.

Fund a tier. Collect your coins.

The Welcome Gift is where the coins come from — a Stock Coupon and a coin grant, both credited after the same 30-day hold. Back to the Welcome Gift → Work out your entries

Airport Lounge Pass By LoungeKey

Enjoy Airport Lounge Access with POEMS Reward Points 

Redeem Now

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

Enjoy Airport Lounge Access  with POEMS Reward Points 

Redeem Now

Redeem Airport Lounge Pass by LoungeKey with your POEMS Reward Points

Trade More to Earn More Points

Earn 1 POEMS Reward point for every S$1 in commissions when you trade equities* using POEMS 2.0, POEMS Mobile 2.0 App, POEMS Mobile 3 App, or POEMS Pro.

*Valid for both local and selected foreign markets.

For more information, please refer to our Terms & Conditions. 

Redeem Airport Lounge Pass by LoungeKey with your POEMS Reward Points

Trade More to Earn More Points

Earn 1 POEMS Reward point for every S$1 in commissions when you trade equities* using POEMS 2.0, POEMS Mobile 2.0 App, POEMS Mobile 3 App, or POEMS Pro.

*Valid for both local and selected foreign markets. For more information, please refer to our Terms & Conditions. 

How many POEMS Reward Points are needed to Redeem the Reward?

1 X Airport Lounge Pass by LoungeKey - 2,000 POEMS Reward Points

2 X Airport Lounge Pass by LoungeKey - 4,000 POEMS Reward Points

Redeem Now

How many POEMS Reward Points are needed to Redeem the Reward?

Redeem Now

How to Redeem?

On POEMS 2.0 Web
  1. Login to POEMS 2.0 Web > Head to Markets & Data Rewards tab.
  2. Navigate to the Airport Lounge Pass by LoungeKey under “Voucher” section.
  3. Choose the desired Airport Lounge Pass by LoungeKey under the  “Voucher” section. You can select from:
    • 1 X Airport Lounge Pass by LoungeKey – 2,000 Reward Points
    • 2 X Airport Lounge Pass by LoungeKey – 4,000 Reward Points
  4. Tick the checkbox to redeem Airport Lounge Pass by LoungeKey using your 2,000/4,000 POEMS Reward Points and click the “Submit” button.
Upon Submission
  1. A confirmation email will be sent to your email address (registered to your POEMS account) within 5 working days.
  2. Upon receiving the email, please kindly reply with the Full Name (First and Last Name as per Passport details) that you would like to register for the Airport Lounge.
  3. Once we have received the details, an email containing your registered details and the Airport Lounge Pass access QR code will be sent to the registered email address(es) within 5 working days. 
  4. Once you have received the email, you may present the LoungeKey digital pass(es) at any lounge counter for access to the Airport Lounge. Do note that each LoungeKey digital pass is valid for Six (6) months from the date of issuance.

    To locate a participating lounge, visit: loungefinder.loungekey.com/en/PhillipCapital

Frequently Asked Questions

1. Why am I unable to redeem the Airport Lounge Pass by LoungeKey?

This can happen due to one of the three reasons:

  1. Each account holder may only redeem the Airport Lounge Pass by LoungeKey once per month (30 days), you may have hit the maximum redemption value for the month.
  2. You have insufficient POEMS Reward Points for redemption.
  3. You are a Cash Trading Account holder (convert your Cash Trading Account to Cash Management Account here).
2. When will I receive my Airport Lounge Digital Pass by LoungeKey?

The confirmation email will be sent to your email address (registered to your POEMS account) within 5 working days (from the date of redemption on POEMS Rewards).

You are required to reply with the Full Name (First and Last Name as per Passport details) that you would like to register for the Airport Lounge.

Once we have received the details, an email containing your registered details and the Airport Lounge Pass access QR code will be sent to the registered email address(es) within 5 working days.

If you have yet to receive the QR Code after 5 working days, kindly check your junk or spam folder.

IMPORTANT: Please ensure that the email address registered to your POEMS Account is accurate as there will be no re-issuance of the lounge pass or refund allowed if you have used an incorrect email address.

3. How long is the validity for the Airport Lounge Pass by LoungeKey?

Each LoungeKey digital pass is valid for Six (6) months from the date of issuance. 

4. I am a Cash Trading Account Holder and how can I enjoy redeeming the Airport Lounge Pass by LoungeKey?

To enjoy this redemption reward, you must convert your Cash Trading Account to a Cash Management Account here.

Terms & Conditions

Terms & Conditions
  1. Each Customer holding either a Cash Plus, Cash Management, Margin, Prepaid, Custodian or Share Financing Account may redeem an Airport Lounge digital pass by LoungeKey on POEMS Rewards with 2,000/4,000 POEMS Reward points per redemption per 30 day period. Each Account Holder is limited to one redemption every 30 days.
  2. Redemption:
    • 1 X Airport Lounge Pass by LoungeKey – 2,000 Reward Points and/or
    • 2 X Airport Lounge Pass by LoungeKey – 4,000 Reward Points
  3. Notification:
    • A confirmation email will be sent to your email address (registered to your POEMS account) within 5 working days once you have successfully redeemed the reward item on POEMS Rewards.
    • Upon receiving the email, please kindly reply with the Full Name (First and Last Name as per Passport details) that you would like to register for the Airport Lounge.
    • Once we have received the details, an email containing your registered details and the Airport Lounge Pass access QR code will be sent to the registered email address(es) within 5 working days. 
  4. Each LoungeKey digital pass is valid for one (1) single entry at any participating airport lounge
  5. Customers must ensure that the full name submitted during redemption (First and Last Name) matches their passport details and that their email address is accurate. PSPL shall not be liable for any inaccurate information that results in failed lounge access. Any digital pass issued but unusable due to incorrect details will be deemed
  6. Once Customer received the email, Customer may present the LoungeKey digital pass(es) at any lounge counter for access to the Airport Lounge. To locate a participating lounge, visit: loungefinder.loungekey.com/en/PhillipCapital
  7. The LoungeKey digital pass will be valid for Six (6) months from the date of issuance. 
  8. The LoungeKey digital pass is not refundable or exchangeable for cash or transferrable to other Account holders.
  9. The LoungeKey digital pass cannot be replaced if lost or expired.
  10. The LoungeKey digital pass that has not been redeemed by the end of the Redemption Period shall be forfeited automatically and will not be refunded.
  11. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
  12. By redeeming this item, you acknowledge that you have read and consented to these Terms and Conditions.
  13. The following Customers are NOT eligible for this promotion unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
    • Customers who have any existing Cash Accounts with PSPL
    • All employees of PSPL’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).
  14. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Rewards.
  15. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  16. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
  17. This advertisement has not been reviewed by the Monetary Authority of Singapore.

CDP Mass Share Transfer Request

Transfer-in Your CDP Holdings

& Receive up to S$1,888

Transfer Now!

Transfer-in Your
CDP Holdings &
Receive up to S$1,888

Transfer Now!

Exclusive Promotion

Enjoy the following Cash Credit rewards when you transfer in!

Applicable for Both Mass and Partial Transfer

Each Eligible Customer is entitled up to $1,888 in Cash Credits per promotion period.

Transfer Now!

Submit the CDP Transfer Request For Free!

List of Mass Transfer Eligible Assets

List of Partial Transfer Eligible Assets

What's more?

Enjoy Fees Waivers by Transferring in your CDP Holdings

Fees Waiver till 31 Dec 2030

CDP Share Transfer FeeWaived
Dividend Handling Fee (SGX-listed Securities)Waived
Corporate Action Fee
(SGX-listed Securities)		Waived
Account Maintenance FeeWaived
Foreign Share Custody Fee* Waived
*Minimum Transfer Value to Qualify for Waiver is S$20,000 per submission
Transfer Now!

Invest Smarter. Partner with an Investment Specialist.

Receive expert advice on
trading and corporate actions

Tap onto years of
stock market experience

Accumulate your wealth with
a closely monitored portfolio

Receive customised strategies
that align with your goals

Get in touch with your Investment Specialist now!

Don’t have one? Contact us at 6531 1555 or talktophillip@phillip.com.sg

Get in touch with your Investment Specialist now!

Don’t have one?

Contact us at 6531 1555 or talktophillip@phillip.com.sg

Why Build a Portfolio with Us 

Founded in 1975, with one of
the largest pools of Investment Specialists in Singapore today 

Receive a comprehensive range of Financial Services from our multi-licensed Investment Specialists.
(E.g. Licences in both portfolio management and financial advisory) 

24/7 access to your portfolio
via POEMS 

Stay one step ahead with
Real-time Market Insights   

Frequently Asked Questions

Accounts

 What types of Accounts are included in this CDP Transfer Request?   

For Mass Transfer, only Cash Management, Cash Trading, Custodian, Prepaid Custodian, Cash Plus or Margin Accounts are eligible. Upon submitting the Request, Cash Management or Cash Trading Accounts will be converted to Custodian Account.

For Partial Transfer, Clients must have existing Custodian, Prepaid Custodian, Cash Plus or Margin Account to receive the holdings.

Are all securities eligible to be transferred in? 

For Mass Transfer, only SGX-listed securities (e.g. shares, ETFs and bonds) and T-bills are eligible to be transferred in.

For Partial Transfer, only SGX-listed securities (e.g. shares, ETFs and bonds) are eligible to be transferred in.

Which types of securities are not eligible for the CDP Transfer Request? 

Below is a list of securities that are not eligible for the transfer:

The CDP Transfer Request is optional. If you choose not to submit this Request, you will continue trading with your CDP-linked account (i.e. Cash Management, Cash Trading).

Can Estate accounts with CDP participate in the CDP Transfer Request?

No, Estate accounts are not eligible for the Request.

Can Corporate accounts with CDP participate in the CDP Transfer Request? 

Yes, Corporate accounts are eligible for the Mass Transfer Request at the moment. However, no change in beneficiary owner is allowed.

Corporate accounts are not eligible for the Partial Transfer Request.

Can Joint Accounts with PSPL participate in the CDP Transfer Request? 

Yes, Joint Accounts are eligible for the Request. No change in beneficiary owner is allowed.

General

 Are my monies and assets custodised with Phillip Securities Pte Ltd (“PSPL”) safe?   

Our customers’ monies and assets (including those assets that are held with appointed foreign custodians) are safe-kept in accounts which are designated as trust accounts for customers in compliance with the MAS’ requirements under the Securities and Futures Act (“SFA”) and Securities and Futures (Licensing and Conduct of Business) Regulations. Customers’ monies and assets are protected by keeping them in customer segregated accounts separate from PSPL’s own.

Section 104A of the SFA also provides that monies and assets belonging to customers are not available for payment of PSPL’s debts and shall not be liable to be paid or taken in execution under an order or a process of any court.

 

Submission  

 How do I participate in this CDP Transfer Request? 

You must opt-in for the transfer-in via POEMS Website at www.poems.com.sg.

Go to Account Mgmt > Stock > Online Form > Account Application> CDP Transfer Request.

Alternatively, you can login to POEMS Mobile 3 App > Head to Me tab > Forms > CDP Transfer.

Can my remisier assist in completing the CDP Transfer Request?  

No. You must log in through the POEMS website or POEMS Mobile 3 App and agree to the terms and conditions in order to proceed with the Request.

Can I transfer my shares from one CDP Account to multiple POEMS Accounts?

For Mass transfer, you can only transfer all your securities and T-bills from one CDP account to one POEMS Account, namely Cash Management*, Cash Trading*, Custodian, Prepaid Custodian, Cash Plus, and Margin Account.

*Upon submission of the CDP Mass Transfer Request, Cash Management or Cash Trading Accounts will be converted to a Custodian Account. Learn more about Custodian Accounts here. 

For Partial transfer, you can choose the designated account (Custodian, Margin, Cash Plus, Prepaid) per transfer request. 

Can I transfer my shares from my individual CDP account to a Joint POEMS Account?  

No, you can only transfer shares from your individual CDP account to an individual POEMS Account or Joint CDP to Joint POEMS Account. However, no change in beneficiary ownership is allowed.  

If I have multiple POEMS Accounts, can I choose which POEMS Account to transfer to when I submit the CDP Transfer Request?

Yes, you will need to specify which POEMS account will be the recipient of the CDP Transfer Request during the submission process. If you select either a Cash Management or Cash Trading account, it will be converted to a Custodian Account.

Fees

Please click here for the table regarding fee waivers. Any fees accrued prior to the transfer will not be waived. For example, if there is an outstanding fee in the existing Custodian Account, the customer will still need to settle this fee.

If I initiate the CDP Transfer Request and later decide to move shares to another broking firm or back to CDP, will there be any fees imposed? 

The process for transferring shares back to CDP or to another broking firm may incur fees. Please refer to the link for Share Transfer Fees and procedures: https://www.poems.com.sg/share-bond-unit-trust-transfer/

After the CDP Transfer Request 

 Will my POEMS Trading Account numbers remain the same after the CDP Transfer Request is completed? 

Yes. Your POEMS Account numbers will remain the same.  

After my Cash Management or Cash Trading Account is converted to a Custodian Account, will there be any changes to the brokerage rates, trading limits and contra facility?

There will be no change to existing brokerage rates, trading limits and contra facilities. 

What will happen to my GIRO arrangement after the conversion from a Cash Trading Account to a Custodian Account? 

The GIRO linkage (if any) for the Cash Trading Account will be delinked after conversion. However, you can apply for EPS via POEMS login. 

What will happen to my EPS arrangement after conversion from a Cash Trading Account to a Custodian Account? 

There will be no change to the payment arrangement. 

What will happen to my CDP account when my Cash Management or Cash Trading Account is converted to a Custodian Account after the CDP Transfer Request?

The CDP linkage will be delinked from the Custodian Account but your CDP account will not be closed by CDP. Please note that you cannot sell new holdings kept with CDP unless you transfer the holdings into the Custodian Account again. 

After the CDP Transfer Request, can I still hold newly purchased shares in CDP through other broking firms?

Yes, your CDP account will remain active. You can still purchase shares through other broking firms and keep the new holdings with CDP. However, you must remember to transfer the new holdings from CDP into your POEMS Account if you wish to sell the new holdings through us.

After the CDP Transfer Request, can I sell the transferred-in holdings through other broking firms?

No, you can only sell your holdings via the same POEMS Account.

Can I apply for IPOs after the CDP Transfer Request? 

You can continue to manage your assets that are not held under our custody and are able to apply for IPOs through the usual channels. However, allocation of shares will not be credited to your POEMS Account unless you initiate the CDP Transfer Request again. 

After the CDP Transfer Request, how will I be able to track my holdings with POEMS and CDP?  

You can view your holdings held under our custody via POEMS login.
To check your CDP holdings, login to the CDP portal. 

After the CDP Transfer Request into my Custodian Account is completed, will overselling of shares be prevented?

For SGX-listed securities kept in your Custodian Account, there is a possibility of short-selling because our system will not check your local shareholdings in your accounts. However, you are unable to short-sell foreign shareholdings kept in your Custodian Account.  

Can I apply for T-bills from my POEMS Account after the CDP Transfer Request?

Yes, please refer here for more information: SGS (Singapore Government Securities) T-Bills, SGS Bonds, U.S. Treasury available in POEMS 

Can I cancel my Request after the CDP Transfer Request is submitted?

Yes, you can cancel the Request before 4.30pm on the same day.

How do I know that the CDP Transfer Request is successful? 

You will receive an email notification once the CDP Transfer Request is completed. 

How long will the CDP Transfer Request take to complete?

For Mass Transfer Request, it may take effect within 2 business days, provided you do not have any outstanding positions in your CDP Accounts.

For Partial Transfer Request, it may take effect within 5 business days, provided that your holdings are fully settled.  

You will receive an email notification after the transfer Request has been completed. 

If there is an outstanding position, can I submit the CDP Transfer Request?

For Mass Transfer Request, you can still submit the Request, but it will be sent to CDP for processing after all outstanding positions are closed. 

For Partial Transfer Request, CDP will process your request for fully settled holdings. For example, if a client submits a request for counters A, B, and C, where counters A and B are fully settled but counter C is still pending settlement, CDP will process the transfer for counters A and B but reject the request for counter C.

Terms & Conditions

Cash Credits Reward
  1. The promotion is only valid for Customers who transfer in Eligible Assets from CDP to Eligible Accounts from 1 September 2026 to 31 December 2026, both dates inclusive.
  2. Customers who previously participated in our previous CDP Mass Share Transfer promotions will still be eligible to participate in this promotion again.
  3. Eligible Customers will receive Cash Credit of:
    • S$88 for transferring S$100,000 to S$199,999 worth of Eligible Assets
    • S$188 for transferring S$200,000 to S$499,999 worth of Eligible Assets
    • S$288 for transferring S$500,000 to S$999,999 worth of Eligible Assets
    • S$588 for transferring S$1,000,000 to S$1,999,999 worth of Eligible Assets
    • S$1,888 for transferring S$2,000,000 or more worth of Eligible Assets
  4. Each Eligible Customer is entitled up to $1,888 in Cash Credits per promotion period.
  5. Customers are required to opt-in to the Excess Funds Management Facility (SMART Park) (SGD/USD) within 90 days of the submitted request. Failure to do so, will result in forfeiture of the Reward/s.
  6. Eligible Accounts:
    • CDP Mass Transfer Request include:
      • Cash Management (Upon submitting the CDP Mass Transfer Request, Cash Management Account will be converted to Custodian Account)
      • Cash Trading (Upon submitting the CDP Mass Transfer Request, Cash Trading Account will be converted to Custodian Account)
      • Custodian
      • Prepaid Custodian
      • Cash Plus
      • Margin 
    • CDP Partial Transfer Request include:
      • Custodian
      • Prepaid Custodian
      • Cash Plus
      • Margin 
  7. The total value of Eligible Assets transferred is based on the previous day closing price of the transfer date and must be maintained in the Account for 90 calendar days from the shares transferred in-date.
  8. Cash Credit will be credited before the end of April 2027.
  9. This Promotion is not applicable to PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff and Trading Representatives.
  10. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Rewards.
  11. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  12. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
  13. This advertisement has not been reviewed by the Monetary Authority of Singapore.

CGS Fullgoal Singapore Next 50 Active ETF

Get Rewarded Up to S$500 Cash Credits

Earn S$10 Cash Credit* for every S$5,000 subscribed to the ETF!

From 6 to 25 August 2026

Invest Now

*T&Cs Apply. Only applicable to the first 300 eligible Clients who invested in the ETF during the IOP period. 

About the CGS Fullgoal Singapore Next 50 Active ETF

The CGS Fullgoal Singapore Next 50 Active ETF is an actively managed exchange traded fund constituted in Singapore that seeks to achieve long-term capital growth through an actively managed portfolio of Singapore equities by delivering excess returns over the iEdge Singapore Next 50 Index through a systematic, factor-based investment approach.

Why This Segment Matters?

Structural Diversification

Financials fall from 58% to 6%. REITs become the largest sector (~39%), alongside the following sectors which have limited penetration in the STI - technology, staples, materials and healthcare.

SMID-Cap Alpha Opportunity

Bloomberg consensus EPS growth +9% (Next 50 aggregate). Thinner analyst coverage and wider stock dispersion create more opportunities for systematic factor strategies to add value vs. heavily-covered STI names.

EQDP-Aligned Liquidity

50 liquidity-screened constituents. S$6.5B EQDP manager selection emphasises strategies including small- and mid-caps.

Global Revenue Reach

51% of collective Next 50 revenue originates outside Singapore — diversified exposure to ASEAN and global growth through operationally focused mid-caps.

Sector Composition STI 30 vs Next 50

Why Invest in the CGS Fullgoal Singapore Next 50 Active ETF?

A Differentiated SG Equity Exposure

Next 50

≥80% weight in Next 50 constituents

Backtested Return Profile

+3.39%

Backtested alpha p.a. (IR 0.82)

Controlled Downside

3.97%

Backtested tracking error
(3-6% range)

Institutional Manager & Advisor Pedigree

16 years

Fullgoal flagship track record

A Differentiated SG Equity Exposure

Next 50

≥80% weight in Next 50 constituents

Backtested Return Profile

+3.39%

Backtested alpha p.a. (IR 0.82)

Controlled Downside

3.97%

Backtested tracking error (3–6% range)

Institutional Manager & Advisor Pedigree

16 years

Fullgoal flagship track record

How to Subscribe to the ETF During the IOP via POEMS 2.0

  1. Log in to your POEMS 2.0 , then navigate to ‘Account Management’ > ‘Online Forms’ > ‘IPO Subscription – Irrevocable Form’ or click here.
  2. Select the IPO you wish to subscribe to.
  3. Review and accept the prospectus, terms, and conditions before subscribing to the financial product.
  4. Applications close at 5pm on 25 August 2026, Tuesday.
  5. Ensure sufficient funds are available in your POEMS Account to complete the application process by 25 August 2026, Tuesday at 5pm.
Pitch Book Prospectus IOP Subscription Details
Subscription Period 6 Aug 2026 to 25 Aug 2026
Listing Date 3 Sep 2026
Subscription Price SGD 1.00 per share
Minimum Quantity 1,000 (in increments of 100 units)
Commission Fees Zero Commission
Trading Currency SGD
Allotment Full Allotment
Key Information
ETF Name CGS Fullgoal Singapore Next 50 Active ETF
Reference Benchmark iEdge Singapore Next 50 Index
Issue Price SGD1.00 per share
Initial Offer Period (IOP) 6 Aug 2026 to 26 Aug 2026
Target Listing Date 3 Sep 2026
Base Currency SGD
Trading Currency SGD
SGX Code Q50
Trading Board Lot Size 1 Share
Management Fee 0.65% per annum of the Sub-Fund Asset; Maximum: 1.50% per annum of the Sub-Fund Asset.
Distribution Policy Semi-annual distributions around June and December each year
Classification Status Excluded Investment Product
Terms and Conditions for Initial Offer Period for CGS Fullgoal Singapore Next 50 Active ETF
  1. The subscription period for CGS Fullgoal Singapore Next 50 Active ETF is from 6 August 2026, Thursday at 9am to 25 August 2026, Tuesday at 5pm.
  2. The online subscription will close on 25 August at 5pm. No new applications, amendments, or withdrawals are allowed after this deadline. 
  3. Eligible Accounts to subscribe for the ETF includes Cash Plus, Margin (M), Custodian (C), Prepaid Custodian (CC), Cash Management (KC) and Share Financing (V) Accounts.  Cash Trading Accounts (T) are not eligible to participate in this subscription. 
  4. Only one application is allowed per Account. 
  5. Each ETF unit is priced at SGD 1 and the minimum order quantity is 1,000 units, with an incremental order size of 100 units. 
  6. There are Zero Commission Fees.
  7. The total amount payable is denominated in SGD. The settlement currency will also be in SGD. 
  8. Sufficient funds (including transfer fee and GST) must be present in the Customer’s Account by 25 August 2026 at 5pm.
  9. Applications will be rejected if the Account does not have or reflect sufficient funds after 25 August 2026 at 5pm. 
  10. ETF units will be credited to the clients’ CDP or clients’ sub-account with Phillip Securities Pte Ltd by 3 September 2026. 
  11. Customers will receive the full allotment of the number of ETF units that they subscribe to. 
  12. Customers can start trading the ETF units when the ETF is listed on SGX on 3 September 2026 at 9am. 
  13. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and/or delete any time of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants. 
  14. In the event of a dispute over the client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obliged to give any reason on any matter concerning the Promotion and no correspondence or claims will be entertained. 
  15. By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions. 
Terms and Conditions for $500 Cash Credit
  1. Customers will receive S$10 cash credit for every S$5,000 subscription into CGS Fullgoal Singapore Next 50 Active ETF, provided that they hold their subscription from 3 September 2026, the listing date of the fund, to 2 October 2026 (the Minimum Holding Period”).
  2. The Campaign period is from 6 August, Thursday at 9am to 25 August 2026, Tuesday at 5pm.
  3. The Cash Credit is capped at S$500 per POEMS account. 
  4. The Cash credits is to be provided to the first 300 eligible clients of PSPL who invest in the ETF during the IOP. 
  5. The Cash Credit will be credited to your Account within one month after the holding period. 
  6. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and/or delete any time of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants. 
  7. In the event of a dispute over the client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obliged to give any reason on any matter concerning the Promotion and no correspondence or claims will be entertained. 
  8. By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions. 

Disclaimer

This advertisement is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell any investment products mentioned herein. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs.
Investments are subject to investment risks including the possible loss of the principal amount invested. The value of any investments and the income from them may fall as well as rise. The risk of loss in leveraged trading can be substantial and you could lose in excess of your initial funds.
You may wish to obtain advice from a financial adviser before investing in any investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should consider whether the investment product is suitable for you. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.poems.com.sg) before trading in investment products. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Strategy & Stock Picks 3Q2026

What’s Coming in Strategy & Stock Picks 4Q2026

Join us for the next edition of Strategy & Stock Picks as head into the final quarter of 2026.

Market Outlook

H2 2026 projections

Opportunities to Watch

Emerging themes

Regional Focus

Deep-dive markets

Sector Analysis

Top picks by sector

Expert Panels

Industry leaders

Live Q&A

Interactive sessions

Market Outlook

H2 2026 projections

Opportunities to Watch

Emerging themes

Regional Focus

Deep-dive markets

Sector Analysis

Top picks by sector

Expert Panels

Industry leaders

Live Q&A

Interactive sessions

Get Notified About SSP 4Q2026

Strategy & Stock Picks Q3 2026

4 Jul 2026

Key Highlights

Watch Watch Recap: Singapore Stock Picks (Absolute 10)

REGIONAL COVERAGE

Stock Picks
Across 7 Markets

Stock Picks Across 7 Markets

Expert analysis from regional specialists

Popular Market

Singapore

Paul Chew

Head of Research,
Phillip Securities Research

04 JUL
 10:00AM-12:00PM SGT
View Session Synopsis

China,
Hong Kong

Louis Wong

Director
Phillip Securities HK

07 JUL
 12:00PM-2:00PM SGT
View Session Synopsis

United States

United
States

Glenn Thum

Research Manager
Phillip Securities Research

07 JUL
  7:30PM-9:00PM SGT
View Session Synopsis

Emerging Markets

malaysia card thailand card indonesia card japan card

Malaysia

Shahira Rahim

Head of Equity Strategy
Phillip Research Sdn Bhd

06 JUL
1:00PM-2:00PM SGT

View Session Synopsis

Thailand

Chutikan Santimetvirul

Head of Equity Strategy
Phillip Research (Thailand) PCL

08 JUL
1:00PM-2:00PM SGT

View Session Synopsis

Indonesia

Jasa Adhimulya

Senior Equity Analyst
Phillip Sekuritas Indonesia

09 JUL
1:00PM-2:00PM SGT

View Session Synopsis

Japan

Tomoyuki Misumi

Research Analyst
Phillip Securities Japan

10 JUL
1:00PM-2:00PM SGT

View Session Synopsis View All Past Sessions

Past Strategy & Stock Picks

See what insights our experts have shared

Q3 2025

+5.7%

Strategy & Stocks Picks Q2 2026

11 Apr 2026

Watch

Q1 2026

+12.3%

Strategy & Stocks Picks Q1 2026

15 Jan 2026

Watch

Q4 2025

+12.3%

Strategy & Stocks Picks Q4 2025

12 Oct 2025

Watch

Ongoing Promotions

Welcome Gifts

POEMS Welcome Gifts - Cash Plus Account Invest in Something That Lasts. Receive up to S$990 in Rewards! Open An Account

Three simple steps to Receive your welcome gift

Meet these requirements during the campaign period to unlock your rewards 1 New to POEMS Be a new customer to Phillip Securities Pte Ltd (PSPL). 2 Open a Cash Plus Account Or get referred and open a Cash Management Account during the promotion period. 3 Opt into SMART Park Within 14 days of account opening to grow your idle cash.

Account Opening Rewards

Support from our equity specialists and research analysts, plus a vibrant community of investors — from day one. 0 Commission on US Stocks Trade US stocks and ETFs with zero commission for a lifetime with our Cash Plus Account. True Zero Free Live Price & SGX Market Depth Real-time SGX market data and enhanced market depth at no cost. Some feeds require opt-in on POEMS 2.0 Web or POEMS Mobile 3 App. 0% Sales Charge on Unit Trusts Invest in unit trusts with no sales charge, so more of your capital goes to work. CPF and SRS available.

Unlock Bigger Rewards as You Fund

Choose your funding tier and receive US/SG Stock Coupons to offset eligible stock purchases, based on your net cumulative deposit. Tier 1 S$50* 5 × S$10 US/SG Stock Coupons + 1,000 POEMS Coins
Fund within 14 days S$3,000
Hold period 30 days
Coupon expiry 90 days
Tier 2 S$200* 10 × S$20 US/SG Stock Coupons + 3,000 POEMS Coins
Fund within 14 days S$10,000
Hold period 30 days
Coupon expiry 90 days
Open An Account *T&Cs Apply.

Your Funding Also Earns POEMS Coins

Earn POEMS Coins along with your Stock Coupons once the 30-day holding period of funds is being fulfilled. Use 1,000 POEMS Coins for a chance to Win the Grand Prize: a PAMP Suisse Lady Fortuna 2.5g Gold Bar! GRAND PRIZE · 3 WINNERS PAMP Suisse Lady Fortuna 2.5g gold bar One bar per winner. CONSOLATION · 50 WINNERS S$20 US/SG Stock Coupon One coupon per winner. 1,000 coins Credited with Tier 1 Eligible for 1 raffle entry 3,000 coins Credited with Tier 2 Eligible for 3 raffle entries More in the app Top up your balance through the onboarding quest, daily check-ins and quests in POEMS Mobile. Existing customers can enter too See How The Raffle Tickets Works

Go further with CFD

Activate a POEMS CFD Account and enjoy extra welcome rewards built to maximise your first 30 days. 01 Opt in to CFD 0 US Equity CFD commission for 30 days 02 Fund at least S$3,000 within 14 days of CFD account opening. 03 Hold the funds for at least 30 days from account opening. 04 Execute at least 3 eligible CFD trades within 60 days. Receive S$50 in Cash Credits Open a CFD Account Sep 2026 Roadshow Shoutout

Check out our roadshow for exclusive quests and prizes!

Bring a Friend

Bring a friend to the roadshow to open and fund an account

Get a S$10 FairPrice voucher Get a S$10 FairPrice voucher

App review

Leave a review on our app to play the claw machine

Win exclusive POEMS merchandise Win merchandise

Share your experience

Share a story on Facebook or Instagram and tag us at the roadshow!

Win a FREE Keychain Exclusive rewards Join the Adventure

Unlock More Rewards at our Roadshow!

Jurong Point | T1 @ Level 1 (in front of SK Jewellery)
21 - 27 Sep | 11am - 9pm daily
T&Cs Apply. T&Cs Apply.

Refer Friends

Earn bonus rewards when friends join and fund

Snap & Earn

Spot our online ad and unlock extra perks onsite

Engage & Win

Open, fund or review to play and win prizes The Platform That Started It All.

Thank You For The 50 Years Together

POEMS pioneered online trading in 1996 — and 50 years on, the same platform now lives in your pocket. Trade 26 markets including SG, US, HK and many more from one app, backed by 1,000+ specialists.
Top ETF
Top leverage
Top Retail
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SIAS 2024
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Invest in something that lasts.

True Zero. Built for Singapore.

Open a Cash Plus Account, fund within 14 days, and claim up to S$200 in stock coupons. Open An Account

Frequently Asked Questions

FAQs for Welcome Gifts Promotion
  1. I am an existing Customer of Phillip Securities Pte Ltd (PSPL) and do not own a Cash Plus Account. Am I eligible for the Welcome Gifts if I open a new Cash Plus Account within the promotion period?
    1. No, only Customers who are new to PSPL and have opened a Cash Plus Account within the promotion period are eligible.
  1. When will I receive the Account Opening Rewards upon successful Account opening?
    1. The following rewards will be automatically activated upon successful account opening:
      • 0% Sales Charge on Unit Trusts
      • Free Live Prices for SGX & US (Asian Hours)
      • SGX Enhanced Market Depth access (free until 30 November 2026)
      • For the Zero US Commission Reward, it will be activated within 5 working days upon successful Account opening. You will receive an email notification once it has been activated.
    2. For Free Live Prices for US (NASDAQ & NYSE), and US Options, you will be required to activate the feature on POEMS 2.0 Web and/or POEMS Mobile 3 App.
      1. Login to POEMS 2.0 web > ‘Market Data & Rewards’ > ‘New Subscriptions’ > tick the boxes for the Live Prices > complete the subscriber agreement and submit > click ‘Submit New’ > Enter your password for confirmation.
      2. Login to POEMS Mobile 3 App > Me Tab > Market Data under Forms, section > Subscribe US (NASDAQ, NYSE, AMEX), MY (BURSA), TH (SET), and US Options
  1. Will I be eligible for the Tier 1 Fund Reward if I make an initial deposit of S$1,000 and top up S$2,000 within 14 days from the Account opening date?
    1. Yes. You will be eligible to receive the Tier 1 Fund Reward if your combined deposits total at least S$3,000 within 14 days of Account Opening and provided that you also hold the funds for at least 30 days from the date of funding without withdrawal or transferring.
  1. When will I receive the Stock Coupons upon fulfilling the requirements?
    1. The Stock Coupons can be redeemed upon receiving the email notification and/or App notification. Please ensure that your app notification for POEMS Mobile 3 is turned on. To receive your Stock Coupons, please login to the POEMS Mobile 3 App and navigate to ‘Me’ Tab > ‘Rewards’ to redeem and execute the eligible trade within the simulated time period as stated in the Coupon.
  1. When does the promotion run?
    1. The promotion period is from 1 September 2026 to 1 November 2026, both dates inclusive. You must open your Account within the promotion period to be eligible for the Welcome Gifts.
  1. How long do I get the free SGX Enhanced Market Depth access?
    1. Free SGX Enhanced Market Depth access is granted automatically upon successful Account opening and will end on 30 November 2026. Access will lapse automatically after that date unless you take up a paid subscription.
FAQs for CFD Welcome Gifts Promotion
  1. I have opened a Cash Plus Account and received the Welcome Gifts. Can I also receive the CFD Account Welcome Gift?
    1. Yes. The CFD Account Welcome Gift is a separate account opening promotion with its own requirements and its own reward. It requires a separate CFD Account, funded separately. Meeting the requirements of one promotion does not affect your eligibility for the other.
  2. Does the money I fund into my CFD Account count towards the Tier 1 or Tier 2 Fund Reward?
    1. No. Each Account must be funded separately. Only fresh funds deposited into your Cash Plus Account count towards the Tier 1 and Tier 2 Fund Rewards, and only funds deposited into your CFD Account count towards the CFD Account Welcome Gift.
  3. Can I use my Stock Coupons on CFD trades?
    1. No. Stock Coupons are not issued to CFD Accounts and cannot be used on CFD trades. Stock Coupons are valid for cash BUY trades in the US and Singapore markets only.

Terms & Conditions

T&Cs for Welcome Gifts
  1. Eligibility Criteria:
    1. Customers new to Phillip Securities Pte Ltd (“PSPL”) who open a Cash Plus Account and opt-in to Excess Funds Management Facility (SMART Park) from 1 September 2026 to 1 November 2026
    2. Customers who open a Cash Plus Account but do not opt-in to Excess Funds Management Facility (SMART Park) within 14 days of Account Opening will not be eligible to receive the Welcome Gifts
  2. Rewards:
    1. Account Opening:
      1. 0% Sales Charge on Unit Trust
      2. Free Live Prices for SGX and US Asian Hours
      3. Free Live Prices for US (NASDAQ, NYSE, AMEX), MY (BURSA), TH (SET), and US Options for non-professionals. Please opt in here.
      4. Free SGX Enhanced Market Depth Access until 30 November 2026
    2. Fund Reward:
      1. For Tier 1, customers receive S$50 (S$10×5) Stock Coupons and 1,000 POEMS Coins when they fund at least S$3,000 within 14 days of Account opening (“Initial Capital”) and hold the funds for at least 30 days
      2. For Tier 2, customers receive S$200 (S$20×10) Stock Coupons and 3,000 POEMS Coins when they fund at least S$10,000 within 14 days of Account opening (“Initial Capital”) and hold the funds for at least 30 days
    3. Stock Coupon refers to reward that can be used to offset the cost of an eligible stock trade.
    4. Initial Capital must remain in the Account for at least 30 days. It can be used for BUY trades, but it cannot be withdrawn or transferred.
    5. The deposit must be fresh funds transferred from the Customer’s bank account, and does not include funds transferred within PSPL Accounts, cash dividends, sales proceeds or Account credit transactions.
    6. Customers must ensure that their Net Cumulative Deposit amount does not fall under S$3,000/S$10,000 to be eligible for the Fund Reward based on the tier respectively.
    7. Net Cumulative Deposit refers to accumulated deposit amount, calculated from the day the Customers make and maintain their initial deposits for 30 days. Capital gains and losses are excluded.
    8. The calculation of Net Cumulative Deposit is done daily. All withdrawals made during the holding period will reduce the Customers’ daily Net Cumulative Deposit.
    9. Holding Period refers to the period during which funds remain in the Account without being withdrawn, transferred, or moved from one Account to another.
    10. If the daily Net Cumulative Deposit falls below S$10,000 but remains at or above S$3,000, Customers will be eligible for the Tier 1 Reward.
    11. If the daily Net Cumulative Deposit falls below S$3,000, Customers will not be eligible for any Fund Reward.
    12. POEMS Coins refer to campaign points you earn by completing eligible actions on the POEMS Mobile 3 App.
    13. The full list of eligible actions and the number of Coins awarded for each is published on the POEMS Mobile 3 App under ‘Me’ Tab > ‘Rewards’.
    14. POEMS Coins have no monetary value and cannot be exchanged for cash.
  3. Activation and Crediting of Rewards
    1. Account Opening Rewards:
      1. 0% Sales Charge on Unit Trust will be granted upon Account opening.
      2. Free Live Prices for SGX and US Asian Hours will be granted upon Account opening.
      3. Free Live Prices for US (NASDAQ, NYSE, AMEX), and US Options for non-professionals.
        1. Login to POEMS 2.0 web > ‘Market Data & Rewards’ > ‘New Subscriptions’ > tick the boxes for the Live Prices > complete the subscriber agreement and submit > click ‘Submit New’ > Enter your password for confirmation.
        2. Login to POEMS Mobile 3 App > Me Tab > Market Data under Forms, section > Subscribe US (NASDAQ, NYSE, AMEX), MY (BURSA), TH (SET), and US Options
      4. Free subscription for SGX Enhanced Market Depth Access would be granted automatically.
    2. Tier 1 or 2 Fund Reward:
      1. Customers are required to download and login to POEMS Mobile 3 App within 30 days of Account Opening, in order to receive the Tier 1 or 2 or 3 Fund Reward, once they have fulfilled the requirements.
      2. Trade/s on POEMS Mobile 3 App within 90 days of becoming eligible. Failure to do so, will result in forfeiture of the Reward/s.
      3. Customers will be notified via POEMS Mobile 3 App (please ensure that App push notifications are enabled on your mobile device) and by Email once they qualify for the reward.
      4. The Coupon will expire 90 days from the date of issuance.
      5. Once redeemed, the Coupon cannot be reissued.
      6. Eligibility Criteria of the Stock Coupon:
        1. BUY stocks only
        2. SG/US Market only
        3. Cash trades only
        4. Online trades only
        5. A minimum contract value of S$100/US$100
      7. This Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
      8. Once activated, the Coupon cannot be deactivated or reissued.
      9. This Coupon will be automatically applied to the first successful eligible trade executed, after activation and before its expiry.
      10. The rebate, up to the contract value, will be credited to the eligible Account within 5 working days following the successful eligible trade
      11. If the Coupon is not activated and/or a successful eligible trade is not executed within the validity period, the Coupon will be forfeited, and no rebate will be issued.
      12. If multiple Stock Coupons are active, the one with the nearest expiration date will be used up first by default. If the Coupons have the same expiry date, the Coupon that was activated first by the Customer will be used by default.
      13. If the Customer holds multiple trading Accounts, the Account performing the first successful eligible trade will receive the rebate, regardless which Account the Coupon was activated in. For example, a Customer has two Accounts, Account A and Account B. The Customer activates the Coupon in Account A, but later performs a successful eligible trade using Account B. In this case, Account B will be awarded the rebate.
      14. Activated refers to the successful redemption of a stock coupon by logging into the POEMS Mobile 3 app, going to Me > Rewards > My Rewards Inventory, and swiping to redeem the coupon. Once activated, the coupon can be used to offset the purchase amount of an eligible buy trade in Singapore or U.S. stocks.
      15. Deactivated means that the stock coupon has been disabled and is no longer valid for use.
      16. Rebates refer to the cash credits you earn after executing an eligible trade.
  4. This Promotion is not applicable to:
    1. Joint Account(s)
    2. PSPL institutional Customers and corporate Customers
    3. PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff, Trading Representatives and Financial Adviser Representatives.
  5. By redeeming this item, you acknowledge that you have read and consented to these Terms and Conditions.
  6. Phillip Securities Pte Ltd (“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 Customers 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 Customers.
  7. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
  8. By redeeming this item from your Rewards page, you acknowledge that you have read and consented to these Terms and Conditions.
  9. Days refer to calendar days.
  10. The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
    1. Customers who have any existing Accounts with PSPL
    2. Customers who have closed any Accounts with PSPL before
    3. Corporate Accounts and Joint Account holders
    4. All employees of PSPL’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).
  11. This advertisement has not been reviewed by the Monetary Authority of Singapore.
T&Cs for CFD Welcome Gifts
  1. The Promotion will run from 1 September 2026 to 1 November 2026, both dates inclusive (“Promotion Period”).
  2. Customers who open a POEMS CFD Account (“Eligible Account”) during the promotion period, and do not have any existing POEMS CFD Account(s) with Phillip Securities Pte Ltd (“PSPL”)
  3. 0 Commission for US Equity CFD Trading Rewards
    • Eligible Accounts will be awarded 0 commission on US Equity CFD trades for 30 days.
    • Only applicable to ONLINE trades executed through POEMS’ suite of platforms. (Excluding POEMS CFD MT5)
    • Customers will receive an email notification once the 0 Commission for US Equity CFDs has been activated for their Account.
    • The 0 Commission for US Equity CFDs will be valid for 30 days from the date of activation.
    • PSPL will not be liable to compensate for any commission charges incurred on US equity CFD trades prior to the activation of the 0 Commission Reward.
    • Overnight financing charges and other prevailing charges are still applicable.
  4. Fund and Trade Reward
    • Eligible Account will need to make an initial deposit of S$3,000 or more within 14 days of Account opening (“Initial Capital”), hold the funds for at least 30 days, and execute at least 3 Eligible Trades within 60 days from Account opening (“Qualifying Trade Period”) to receive S$50 in Cash Credits.
    • An “Eligible Trade” refers to any CFD trade that is not a liquidation trade.
    • Only applicable to ONLINE trades executed through POEMS’ suite of platforms (Excluding POEMS CFD MT5)
    • Initial Capital must remain in the CFD Account for at least 30 days. It can be used for trading but cannot be withdrawn or transferred.
    • Amalgamated trades (BUY and Sell trades of the same counter for the same market done on the same trading day) are considered as one trade.
    • Your Account must have more than S$0 by the end of the 60 days after Account opening.
    • If you have more than one Account, only the Account with most Eligible Trades will be eligible for the Reward.
    • The Cash Credit will be posted to your Account within 60 days after the end of the Qualifying Trade Period. The Fund & Trade Reward is limited to the first 1,000 Eligible Accounts who meet the funding and trading criteria.
  5. The following Customers are NOT eligible to participate in this promotion unless approved by the management of PSPL:
  6. Customers who have any existing CFD Accounts with PSPL.
  7. Customers who have closed any CFD Accounts with PSPL before.
  8. Corporate Accounts and Joint Account holders. All employees of PSPL and its associated entities, subsidiaries and partners (e.g. trading representatives, financial advisor representatives, other contractual representatives etc.) and their immediate families (e.g. spouse and children).
  9. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Reward. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  10. Days refer to calendar days.
  11. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
  12. This promotion is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the product mentioned. It does not have any regard to your specific investment objectives, financial situation or particular needs. Investments are subject to investment risks. The risk of loss in leveraged trading can be substantial and you could lose in excess of your initial funds. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. You may wish to obtain advice from a financial adviser before investing in any investment products. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.phillipcfd.com) before trading in this product.
  13. This advertisement has not been reviewed by the Monetary Authority of Singapore.
  14. By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions, and Disclaimers.

Disclaimer

This advertisement is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell any investment products mentioned herein. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information. Investments are subject to investment risks including the possible loss of the principal amount invested. The value of any investments and the income from them may fall as well as rise. The risk of loss in leveraged trading can be substantial and you could lose in excess of your initial funds. You may wish to obtain advice from a financial adviser before investing in any investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.poems.com.sg) before trading in investment products. Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Gold & Silver DLCs Promotion 6 Jul – 30 Sep 2026

OPEN ACCOUNT OPEN ACCOUNT

Campaign Period: 9 Jul 2026 to 30 Sep 2026

Get Started in 3 Simple Steps

Step 1

Sign in via the POEMS Mobile 3 App, or Open an Account if you’re new.

Step 2

Execute two eligible Buy Trades in any of the four SocGen Gold & Silver DLCs, with a minimum trade value of S$1,000 per trade, and receive an S$88 Cash Credit.

Gold DLCs

GLD US 5xLongSG280609

GLD US 5xShortSG280609

Silver DLCs

SLV 3xLongSG280609

SLV 3xShortSG280609

Step 3

Trade any SGX-listed SocGen DLCs with a minimum cumulative buy value of S$100,000 by 30 Sep 2026 to qualify for S$300 Cash Credit.

Your Gold & Silver Trade Starts with SocGen DLCs

BULLISH

GLD US 5xLongSG280609

GLD US 5xLongSG280609 is a SocGen DLC with a leverage factor of 5x, providing leveraged long exposure to gold price movements.

GLDW

SLV 3xLongSG280609

SLV 3xLongSG280609 is a SocGen DLC with a leverage factor of 3x, providing leveraged long exposure to silver price movements.

SLSW

UNDERLYING

SPDR Gold Shares (U.S.)

iShares Silver Trust

BEARISH

GLD US 5xShortSG280609

GLD US 5xShortSG280609 is a SocGen DLC with a leverage factor of -5x, providing inverse exposure to gold price movements.

GOSW

SLV 3xShortSG280609

SLV 3xShortSG280609 is a SocGen DLC with a leverage factor of -3x, providing inverse exposure to silver price movements.

SVSW

Events Lineup

Navigating the Precious Metals Market: Gold & Silver Outlook for Investors

9 Jul, Thu 2026 07:00 PM - 08:00 PM

Mr Marcus Ng | VP of Cross Asset Listed Distribution (APAC) | Societe Generale & Mr Teo Huan Zi | Dealing Manager | Phillip Securities Pte Ltd

SGX Centre 1, 2 Shenton Way #02-02 Singapore, 068804

Navigating the Precious Metals Market: Gold & Silver Outlook for Investors

9 Jul, Thu 2026 07:00 PM - 08:00 PM

Mr Marcus Ng | VP of Cross Asset Listed Distribution (APAC) | Societe Generale & Mr Teo Huan Zi | Dealing Manager | Phillip Securities Pte Ltd

Zoom

What is a Daily Leverage Certificate?

A Daily Leverage Certificate (DLC) is a form of structured financial instrument issued by banks and traded on the securities market. DLCs offer investors fixed leverage of 3 to 7 times the daily performance of an underlying index, be it a rising or falling market. The basic principle is simple – if the underlying index moves by 1% from its closing price of the previous trading day, the value of the 3x DLC will move by 3%.

Why Trade Daily Leverage Certificates?

Long & Short Opportunities

DLCs provide up to 7 times leverage on the daily performance of an underlying index. This allows investors to amplify market exposure and potentially enhance returns from market movements.

Long & Short Opportunities

DLCs enable investors to take advantage of both rising and falling market movements through Long and Short DLCs. This allows investors to pursue opportunities regardless of market direction.

Low Capital Outlay

DLCs provide enhanced market exposure with a lower capital outlay, while losses are limited to the amount invested. This allows investors to optimise capital usage while maintaining defined risk exposure.

No Margin Requirements

DLCs can be traded without margin calls, implied volatility impact, or time decay. This allows investors to focus on market movements without the complexities of margin financing.

Trade with No Minimum Commission Fee

Trade Daily Leverage Certificates, keep costs low, and capture every market opportunity.

Example: Customer invests S$3,000 in a DLC that has a price of $1.00 per share.

 Cash Management AccountCash Plus Account
 Before 02/03/2026*Now 
SGX-listed DLC traded priceS$1.00S$1.00S$1.00
Quantity Purchased3,000 units3,000 units3,000 units
Gross AmountS$3,000S$3,000S$3,000
Commission

S$25

(Fees calculated at 0.28% or minimum S$25, for Cash Management Account with contract value below S$50,000)

S$8.40 (0.28% x $3,000)

(Fees calculated at 0.28%, for Cash Management Account with contract value below S$50,000)

S$2.40 (0.08% x $3,000)

(Fees calculated at 0.08%, for
Cash Plus Account: Starter tier)

Commission Saved S$16.60 

*Online commission shown does not include any promotional discounts.

Note: The above examples do not include Exchange Fee and GST.

For pricing of other account types, please refer here.

Frequently Asked Questions

Am I required to register first before I participate in this promotion?

No, registration is not required. Your Account will be automatically tracked when you execute eligible trades during the campaign period.

How do I qualify for the S$88 Cash Credit?

To qualify, a POEMS account holder must:

Execute two eligible Buy Trades in any of the four SocGen Gold & Silver DLCs, with a minimum trade value of S$1,000 per trade.

Gold DLCs

GLD US 5xLongSG280609

GLD US 5xShortSG280609

Silver DLCs

SLV 3xLongSG280609

SLV 3xShortSG280609

How do I qualify for the S$300 Cash Credit?

To qualify, a POEMS account holder must:

Trade ANY SGX-listed SocGen DLCs with a minimum total buy value of S$100,000 between 9 Jul 2026 and 30 Sep 2026.

What are the benefits of trading DLCs?

As a leverage product, Daily Leverage Certificates (DLC) give investors  increased exposure to an underlying asset with the potential for higher returns. The leverage of a DLC can be 3, 5 or 7 times. Based on 5x leverage, if the underlying asset, typically a single stock or index, moves 2% in favour from its previous closing price, you earn a 10% gain on the DLC (2% * 5 = 10%). However, if the underlying asset moves in the direction against your position, you could experience a -10% loss. 

How do I identify if the DLC listed is issued by Societe Generale?

You can identify the Issuer by the name of the DLC. Let’s use the counter Meituan for example: PSIW (5x Long Meituan)

Counter Code: PSIW

Underlying asset: Meituan (3690.HK)

Issuer: (SG = Societe Generale)

Expiry Date (DDMMYYYY): 20/01/2028

I am a Cash Trading Account holder. Am I eligible for this promotion?

No, Cash Trading Account holders are not eligible for this promotion. You may consider opening an eligible Account type or converting your Cash Trading Account to a Cash Management Account.

Terms & Conditions

T&Cs for S$300 Cash Credit
  1. This promotion is valid from 9 Jul 2026 to 30 Sep 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
  2. Promotion Details:
    • Trade SocGen Daily Leverage Certificates with a total buy value of minimum S$100,000 to receive S$300 in Cash Credit.
    • Eligibility Criteria:
      • BUY trades only
      • SGX listed SocGen Daily Leverage Certificates
      • Cash trades only
      • Online trades only
      • Accounts used for trading of Daily Leverage Certificates must be either Cash Plus, Margin (M), Custodian (C), Prepaid Custodian (CC), Cash Management (KC) and/or Share Financing (V) Accounts.
  3. BUY or SELL trades of the same SGX-listed counter executed on the same trading day via POEMS Trading Platforms, using the same account and payment mode (Cash/SRS), will be amalgamated and considered as one (1) trade, as only one commission is charged for such trade orders. Please refer to HERE for more information.
  4. Crediting of Rewards:
    • The S$300 Cash Credit will be credited to the eligible Account within the month of October 2026 after the completion of Successful Trades.
    • “Successful Trades” refer to BUY trades of Gold & Silver Daily Leverage Certificates that are successfully executed and settled within the Promotion Period. Trades that are cancelled, rejected, or not successfully settled will not be eligible.
    • Each Customer is entitled to only one (1) Reward of S$300 during the Promotion Period, regardless of the number of Eligible Accounts through which the Customer places SocGen DLCs trades.
    • The Cash Credit is to be provided to the first 100 eligible clients of PSPL who invest during the promotion period.
  5. This Promotion is not applicable to
    • Cash Account(s)
    • PSPL institutional Customers and corporate Customers
  6. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  7. Phillip Securities Pte Ltd (“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 Customers 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 Customers.
  8. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
  9. By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.
  10. This advertisement has not been reviewed by the Monetary Authority of Singapore.
T&Cs for S$88 Cash Credit
  1. This promotion is valid from 9 Jul 2026 to 30 Sep 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
  2. Promotion Details:
    • Execute two eligible Buy Trades in any of the four SocGen Gold & Silver DLCs, with a minimum trade value of S$1,000 per trade, and receive an S$88 Cash Credit.
    • Eligibility Criteria:
      • Minimum of two (2) eligible Buy Trades
      • Minimum trade value: S$1,000 per trade
      • 4 selected Gold & Silver DLCs Counters:
        1. GLD US 5xLongSG280609
        2. GLD US 5xShortSG280609
        3. SLV 3xLongSG280609
        4. SLV 3xShortSG280609
      • Cash trades only
      • Online trades only
      • Accounts used for trading of Daily Leverage Certificates must be either Cash Plus, Margin (M), Custodian (C), Prepaid Custodian (CC), Cash Management (KC) and/or Share Financing (V) Accounts.
  3. At least TWO BUY trades on Gold & Silver DLCs must be executed, with a minimum trade value of S$1,000 per trade.
  4. BUY or SELL trades of the same SGX-listed counter executed on the same trading day via POEMS Trading Platforms, using the same account and payment mode (Cash/SRS), will be amalgamated and considered as one (1) trade, as only one commission is charged for such trade orders. Please refer to HERE for more information.
  5. Crediting of Rewards:
    • The S$88 Cash Credit will be credited to the eligible Account within the month of October 2026 after the completion of Successful Trades.
    • “Successful Trades” refer to BUY trades of Gold & Silver Daily Leverage Certificates that are successfully executed and settled within the Promotion Period. Trades that are cancelled, rejected, or not successfully settled will not be eligible.
    • Each Customer is entitled to only one (1) Reward of S$88 during the Promotion Period, regardless of the number of Eligible Accounts through which the Customer places Gold & Silver DLCs trades.
    • The Cash Credit is to be provided to the first 100 eligible clients of PSPL who invest during the promotion period.
  6. This Promotion is not applicable to
    • Cash Account(s)
    • PSPL institutional Customers and corporate Customers
  7. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  8. Phillip Securities Pte Ltd (“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 Customers 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 Customers.
  9. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
  10. By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.
  11. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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