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.
This promotion is valid from 22 July 2026 to 30 October 2026, and is open to new and existing Customers and Trading Representatives of Phillip Securities Pte Ltd (“PSPL”).
Promotion Details:
Monthly Traded Incentive Promotion:
Receive the corresponding amount of Cash Credits for the respective tier of Monthly Traded Value met for that month:
22 July to 31 August 26
1 September to 30 September 26
1 October to 30 October 26
Tiers:
Monthly Traded Value (S$)
Cash Credit (S$)
S$500,000 – S$750,000
S$100
S$750,001 – S$1,000,000
S$150
S$1,000,001 – S$1,500,000
S$200
S$1,500,001 and above
S$300
Eligibility:
Only trades in SDR (Singapore Depositary Receipts) listed on SGX are eligible
Online and offline trades qualify
Cash Trade only
Both Buy and Sell trades are applicable
The Monthly Traded Value is the cumulative amount for that month
Crediting of Rewards:
Eligible participants will receive the Cash Credit into their Account within 30 days following the end of the respective month.
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.
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.
By participating in this campaign, you acknowledge that you have read and consented to these Terms and Conditions.
Days refer to calendar days.
The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
Closed Account with PSPL during the promotion period
Cash Account(s)
Joint Account(s)
PSPL institutional Customers and corporate Customers
PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff and Financial Adviser Representatives.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Receive Up to S$600 in Cash Credits + a 1g Gold Bar!
About the LionGlobal Singapore Physical Gold ETF
The Fund seeks to track as closely as possible, before fees and expenses (including, but not limited to, hedging costs where applicable), the performance of the LBMA Gold Price* AM. The Fund invests at least 90% of its assets in physical gold.
*LBMA GOLD PRICE IS A TRADEMARK OF PRECIOUS METALS PRICES LIMITED, LICENSED TO ICE BENCHMARK ADMINISTRATION LIMITED (IBA) AS THE ADMINISTRATOR OF THE LBMA GOLD PRICE, AND IS USED BY LION GLOBAL INVESTORS LIMITED WITH PERMISSION UNDER LICENCE FROM IBA. **Refers to ETF USD Class which is tradable in both SGD and USD on SGX. ^LBMA (LONDON BULLION MARKETS ASSOCIATION) IS THE GLOBAL TRADE ASSOCIATION THAT SETS INTERNATIONAL STANDARDS FOR GOLD BULLION.
Comparison with Other Gold Investments
Gold investments are accessible through various avenues, including tangible assets and synthetic derivatives. When investing in physical gold, however, the safe custody of the underlying asset remains a key consideration for investors.
The comparison table below outlines the key structural differences across selected gold investment options, including domicile, underlying exposure, custody arrangements and insurance coverage.
Source: Various prospectuses, as at 31 January 2026. *Refers to ETF USD Class which is tradable in both SGD and USD on SGX.
Long-term Store Of Value
Beyond short-term volatility, gold has historically appreciated against fiat currencies over the long term. As a result, it has often served as a long-term store of value and a diversifier against fiat currency risk.
The charts below illustrate gold’s performance in USD terms and its relationship with the USD Index over time, highlighting its role in preserving value across market cycles.
Sources: Bloomberg, as at 31 January 2026, in USD terms.
How to Subscribe to the ETF During the IOP via POEMS 2.0
Log in to POEMS 2.0, then navigate to ‘Account Management’ > ‘Online Forms’ > ‘IPO Subscription – Irrevocable Form’, or click here.
Select the IPO you wish to subscribe to.
Review and accept the prospectus, terms, and conditions before subscribing to the financial product.
Applications close at 5pm on Thu, 19 March 2026.
Ensure that sufficient funds are available in your POEMS account to complete the application by the deadline.
The subscription period for LionGlobal Singapore Physical Gold ETF (“ETF”) is from 6 March 2026, Friday at 9am to 19 March 2026, Thursday at 5pm.
The online subscription will close on 19 March 2026 at 5pm. No new applications, amendments, or withdrawals are allowed after this deadline.
Eligible Accounts to subscribe for the ETF must be 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.
Only one application is allowed per Account.
Each ETF unit is priced at US$5, and the Client shall be required to make a minimum investment of US$500 in the Units of the Fund, with an incremental order size of 100 units.
There are zero commission fees.
The total amount payable is denominated in USD. The settlement currency will be in USD.
Sufficient funds (including transfer fee and GST) must be present in the Customer’s Account by 19 March 2026 at 5pm.
Applications will be rejected if the Account does not have or reflect sufficient funds after 19 March 2026 at 5pm.
ETF units will be credited to the clients’ CDP or clients’ sub-account with Phillip Securities Pte Ltd by 19 March 2026.
Customers will receive the full allotment of the number of ETF units that they subscribe to.
Customers can start trading the ETF units when the ETF is listed on SGX on 26 March 2026 at 9am.
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.
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.
By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions.
Customers will be entitled to receive a S$12 cash credit for every US$5,000 subscribed into the LionGlobal Singapore Physical Gold ETF, provided that they hold their subscription from 26 March 2026, the listing date of the fund, to 30 April 2026 (the Minimum Holding Period).
The Campaign Period runs from 6 March 2026, Fri at 9.00am to 19 March 2026, Thu at 5.00pm.
The Cash Credit is capped at S$600 per POEMS account.
The Cash Credit is to be provided to the first 400 eligible clients of PSPL who invest in the ETF during the IOP.
The Cash Credit will be credited to your account within one month after the holding period.
The first 20 customers who subscribe for a minimum of US$250,000 into the LionGlobal Singapore Physical Gold ETF between 6 March 2026 at 9.00am and 19 March 2026 at 5.00pm (the “IOP Period”) and hold their subscription until 30 June 2026 will be entitled to receive one (1) 1g gold bar.
The subscription must be successfully allotted and fully paid during the Initial Offer Period (IOP).
Entitlement will be determined based on the time and date of successful subscription and allotment, as recorded by the issuer. The issuer’s decision shall be final and binding.
Each customer is entitled to one (1) 1g gold bar only. If the Customer holds multiple trading Accounts, the Account that performs the first successful eligible trade will be eligible to receive the 1g gold bar. For example: Customer has Account A and Account B. Account A subscribe US$250,000 ETF during the IOP and later trades in Account B, only Account A will receive the 1g gold bar.
Eligible customers will be notified via email or phone within one month after the end of the holding period (30 June 2026).
The following Customers are NOT eligible for this promotion unless approved by the management of PSPL. – Closed Account with PSPL during the promotion period – Cash Account(s) – PSPL institutional Customers and corporate Customers
Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to:
(i) Amend, add, or delete any of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected; or
(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.
In the event of a dispute regarding a client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obligated to give any reasons on any matter concerning the Promotion, and no correspondence or claims will be entertained.
By taking part in this promotion, the customer acknowledges that he/she has read, understood, and consented to these Terms & Conditions.
Mr Ong Xun Xiang | Head of ETFs | Lion Global Investors
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EQDP
YOUR ONE-STOP GATEWAY TO INVEST IN SINGAPORE
Equity Market Development Programme (EQDP) by MAS
Powered by the Monetary Authority of Singapore (MAS)
UNLOCK OPPORTUNITIES WITH EQDP
What is EQDP and how does it affect you?
Question 01
Singapore's equity market has received renewed attention following the launch of the EQDP. What is EQDP and how does it work?
◴ 2 min read
Question 02
EQDP places a strong emphasis on small- and mid-cap companies. What does that mean in the context of Singapore's market, and why are these companies an important focus?
◴ 3 min read
Question 03
Singapore has long been regarded as a stable investment destination. What makes the market particularly compelling today?
◴ 3 min read
Question 04
As Singapore's equity market gains renewed momentum, is investor interest in Singapore-focused funds increasing as well?
◴ 2 min read
Question 05
Singapore's market is broadening beyond its traditional strengths. Which sectors or themes are the most exciting, and what's driving them?
◴ 3 min read
Question 06
Looking ahead over the next one to two years, what's the Singapore outlook, and is now the right time to be invested?
◴ 3 min read
Question 07
What is the one key takeaway about the EQDP?
◴ 2 min read
Unlock Opportunities with EQDP
The Monetary Authority of Singapore (MAS) has introduced a S$5 billion Equity Market Development Programme (EQDP) to accelerate the growth of selected funds and quality stocks within Singapore’s capital markets. This forward‑looking initiative underscores Singapore’s commitment to deepening its equity market, reinforcing its position as a leading financial hub, and supporting long‑term value creation for investors.
Discover investment opportunities aligned with national growth priorities and underpinned by strong market fundamentals. Learn how selected funds and small‑ to mid‑cap stocks may benefit from this initiative, and explore potential pathways to grow your portfolio with POEMS by PhillipCapital.
Investing is not just about opportunities. It is about having the right platform to act on them.
The Equity Market Development Programme (EQDP) is a S$5 billion market initiative introduced by the Monetary Authority of Singapore (MAS) to encourage greater participation by professional fund managers in Singapore-listed equities. Capital is deployed through selected investment strategies with meaningful exposure to Singapore equities, contributing to broader market activity and depth.
POEMS by PhillipCapital provides investors with access to a wide range of stocks and unit trusts that operate within the broader market environment shaped by initiatives such as EQDP as well as research and educational contents. Through POEMS, investors can explore investment opportunities that participate in Singapore’s equity market ecosystem.
On POEMS, investors can access Singapore-listed stocks, unit trusts, managed accounts, and actively managed personalised portfolio. Some of these investments may be managed by asset managers whose strategies are aligned with the objectives of EQDP or operate within the EQDP market framework.
EQDP capital is typically deployed through professional fund managers rather than invested directly into individual stocks. These managers invest based on their own mandates, research, and investment strategies across a range of Singapore-listed companies.
Unit trusts and equity funds are key channels through which EQDP capital is deployed. These actively managed strategies have substantial exposure to Singapore equities, allowing investors to gain indirect exposure to the broader market developments associated with EQDP through selected funds available on POEMS.
Suitability depends on individual financial goals, risk tolerance, and investment horizon. Stocks and equity funds are subject to market fluctuations. Investors should review product information carefully and consider whether an investment aligns with their personal objectives.
No. Investments available on POEMS are not endorsed, guaranteed, or supported by MAS. While certain funds or stocks may operate within the broader EQDP market environment, investment outcomes depend on market conditions and fund management decisions.
POEMS provides access to research tools, product information, and market insights to help investors explore available investment options. Investors may also consult their investment specialists or financial advisors for guidance.
EQDP represents a long-term market development effort that supports institutional participation and active management within Singapore equities. For investors, this creates an environment where selected stocks and funds may benefit from sustained professional market engagement.
You can download POEMS Mobile 3 to explore available stocks, unit trusts, and more. Detailed product information, prospectuses, and research materials are available on the platform to support informed investment decisions. You can also open a POEMS Account with connect with our Equity Specialists and Investment Specialists for personalised guidance.
Compliance Clarification: EQDP is a market initiative introduced by the Monetary Authority of Singapore (MAS). Investments available on POEMS by PhillipCapital are not endorsed, guaranteed, or supported by MAS and are subject to market risks.
Join POEMS & Enjoy Exclusive Benefits Designed Just for You*!
Join POEMS & Enjoy Exclusive
Benefits Designed Just for You*!
*Aged 18 to 25 Years Old
Wondering which Investment is Heading to the Moon?
Look no further –
Let POEMS break Financial Barriers with You!
US Fractional Shares
Gain Access To Your Dream Companies
without breaking the bank!
Gobble up our 5 Free US Fractional Trades
every month! (worth US$4.40)
T&Cs Apply
*For Cash Management, Margin, Custodian and Prepaid Custodian Accounts
LEARN MORE
Robo Advisory
Harness the Power of Tech and Expert Management to Rebalance your
Investments – Hands-free!
Enjoy a 6-months Fee Waiver on Us when
You Open & Fund a SMART Portfolio!
T&Cs Apply
LEARN MORE
SMART Park
Grow your Idle Cash with SMART Park
while waiting for the Right Opportunity!
SGD 0.8124% p.a.
USD 3.5978% p.a.
Rates as of 12 Jan 2026.
*Based on the average rate of annualised returns over the last
rolling week. Past performance is not necessarily indicative
of future performance. View disclaimer.
LEARN MORE
Stay in the Loop with our Latest News, Valuable Tips, and Exclusive Promotions!
Ready to Invest?
Check Out our Current promotions to Help You Get Started!
Welcome Gifts
Receive up to S$1,000 Worth of Welcome Gifts when you open an Account and fund.
Referral Programme
Earn up to S$600 in Rewards when you refer your family/friends to POEMS!
START NOW
Grateful for 50 Years of Trust and Partnership
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 is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. 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. Unit trusts distributed by Phillip Securities Pte Ltd (“PSPL”) are not obligations of, deposits in, or guaranteed by, PSPL or any of its affiliates.
The value of the units in any fund and the income from them may fall as well as rise. Past performance figures as well as any projection or forecast used in this publication are not necessarily indicative of future or likely performance of any unit trust. You should read the prospectus and product highlights sheet before deciding to subscribe for units in the respective fund. A copy of the prospectus can be obtained from the issuer or PSPL, or online at https://www.poems.com.sg/fund-finder/phillip-money-market-fund-534010/
You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and 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.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Referral Program Be our influencer with POEMS
Earn Up to S$600 in Rewards
Refer and Share with Your Friends & Family!*
Share your referral link
* Earn S$60 for each referral, up to a maximum of 10 new Account holders
You will receive S$10 US Stock Coupon and S$50 Cash Credit when the following has been verified:
(a) Your friend is new to Phillip Securities, has successfully opened a Cash Plus Account or Cash Management Account with Excess Funds Management (SMART Park) opt in >> You will receive S$10 US Stock Coupon
(b) Your friend funded at least S$3,000 into their Account within 14 days of Account opening and does not withdraw the funds for 30 days >> You will receive S$50 Cash Credit
The S$10 US Stock Coupon will be redeemable within 10 working days via POEMS Mobile 3 App > Me > Rewards Inventory once your Referee has fulfilled the requirements (open Cash Plus or Cash Management Account and opts into Excess Funds Management (SMART Park))
The S$50 Cash Credit will be credited into the Referrer’s POEMS Account once it has been verified that the Referee has not withdrawn the fund for 30 days. This process may take up to 40 days following the funding date.
Yes, the S$10 US Stock Coupon is only redeemable on POEMS Mobile 3. If you are using POEMS Mobile 2.0 App, please download POEMS Mobile 3 and log in to claim the Coupon.
Login to POEMS 2.0 Website > “Acct Mgmt” > “Stocks” > “Online Forms”. Please note that any existing GIRO facility with a Cash Trading Account has to be terminated before we can process the conversion to a Cash Management Account.
Please contact your dealer or Trading Representative. Alternatively, you can reach our Customer Service Hotline at 6531 1555 or send an email to talktophillip@phillip.com.sg.
Referral Programme (“Programme”) is valid for existing POEMS Account holders (“Referrer”) who refer Customer(s) new to Phillip Securities Pte Ltd (“PSPL”) to open a Cash Management Account (“Referee”), from 1 September 2026 to 1 November 2026.
Within this context, “Referrers” refer to Customers with any of the following Accounts: Cash Plus, Cash Management, Margin, Prepaid, Custodian or Share Financing (“Qualified Accounts”)
A referral will be considered successful only when the referee fulfils all of the following:
Opens a Cash Management Account using a unique referral link generated by the referrer
Opts into Excess Funds Management (SMART Park)
Does not change the Account type during the promotion period
Abides by the terms and conditions
If the Referee uses referral link(s) to open multiple Accounts, only the first successfully opened and funded Account will be considered as successful referral.
Referrers will only receive a S$10 US Stock Coupon and S$50 Cash Credit ONCE for each unique Referee, even if the Referee opens multiple Accounts that fulfil clause 9 (regardless of Account type)
Only the first 10 referred Accounts (regardless of Qualified Account) will be considered as successful referrals
Referee consents to the disclosure of his or her name and referral status to the Referrer
The following Customers are NOT eligible for this Programme unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
Referees who have any type of existing Accounts with PSPL, including joint and corporate Accounts.
Referees who have closed any Accounts with PSPL.
Referrers and Referees who have already benefited from or will benefit from similar programmes or promotions, including PhillipCFD’s Refer A Friend.
All employees of PhillipCapital’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).
Rewards for Referrer: The Referrer will be entitled to a S$10 US Stock Coupon and S$50 Cash Credit when his/her Referee:
Successfully opens a Cash Management Account and opts in to Excess Funds Management (SMART Park), he/she would receive a S$10 US Stock Coupon
deposits at least S$3,000 into the Account within 14 calendar days from the Account opening date, he/she would receive S$50 Cash Credit. The deposit cannot withdraw from the Account for a period of at least 30 days.
Please note that the Stock Coupons and Cash Credit are non-transferable and non-withdrawable.
Rewards for Referee:
Account Opening Rewards:
0% Sales Charge on Unit Trust
Free Live Prices for SGX and US Asian Hours
Free Live Prices for US (NASDAQ, NYSE, AMEX), Malaysia (BURSA), Thailand (SET), and US Options for non-professionals.
Free SGX Enhanced Market Depth Access until 30 November 2026. For more information, please refer to poems.com.sg/sgx-enhanced-market-depth.
Fund Rewards:
Fund at least S$3,000 within 14 days of Account opening (“Initial Capital”) and hold the funds for at least 30 days to redeem
S$50 (S$10×5) stock coupons
1,000 POEMS Coins
Fund at least S$10,000 within 14 days of Account opening (“Initial Capital”) and hold the funds for at least 30 days to redeem
S$200 (S$20×10) Stock Coupons
3,000 POEMS Coins
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.
The deposit must be fresh cash 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.
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 for the tier respectively.
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.
The calculation of Net Cumulative Deposit is done daily. All withdrawals made during the holding period will reduce the Customers’ daily Net Cumulative Deposit.
Once the daily Net Cumulative Deposit falls below S$3,000, the Customer will no longer receive any Rewards.
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.
Activation and crediting of the Referrer’s Rewards:
S$10 US Stock Coupon:
The S$10 US Stock Coupon will be credited into the eligible Customers’ Account in the POEMS Mobile 3 App > Me Tab > My Rewards Inventory, within 30 days of the end of the campaign. How to Use:
Activate – ‘Swipe to Activate’ to apply the Coupon.
Trade – Place a trade on the Stock Coupon that meets the Eligibility Criteria.
Rebate Credited – Once the trade is completed successfully, S$10 will be credited to your Account within 2 working days.
Eligibility Criteria:
Buy stocks only
US Market only
Cash trades only
The S$10 US Stock Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
The Coupon will expire 30 days from the date of issuance.
This coupon will expire at 02:00 (GMT+8) on the stated expiry date.
Once activated, the Coupon cannot be deactivated or reissued.
The S$10 US Stock Coupon will be automatically applied to the first successful eligible trade executed, after the Coupon activation and before its expiry.
The S$10 rebate, up to the contract value, will be credited to the eligible Account within 2 working days following the successful eligible trade.
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.
If there are multiple Stock Coupons active, the one which has a nearer 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.
S$50 Cash Credit:
Referrers will receive the S$50 Cash Credit into their Account within 10 working days once their referees have fulfilled the requirements.
Referrers will be required to download and login to POEMS Mobile 3 App in order to receive the S$10 US Stock Coupon, once their referees have fulfilled the requirements. Failure to do so, will result in forfeiture of the Reward/s.
Activation and crediting of the Referees’ Rewards:
Account Opening Rewards:
0% Sales Charge on Unit Trust will be granted upon Account opening.
Free Live Prices for SGX and US Asian Hours will be granted upon Account opening.
Free Live Prices for US (NASDAQ, NYSE, AMEX), Malaysia (BURSA), Thailand (SET), and US Options for non-professionals.
Free subscription for SGX Enhanced Market Depth Access would be granted automatically.
Tier 1 or 2 Fund Reward:
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 Fund Reward, once they have fulfilled the requirements.
Customers must claim the Tier 1 or 2 Fund Reward and execute the eligible 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.
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.
The Coupon will expire 90 days from the date of issuance.
Once redeemed, the Coupon cannot be reissued.
Eligibility Criteria:
BUY stocks only
US and Singapore Markets only
Cash trades only
Online trades only
A minimum contract value of US$100/S$100
This Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
Once activated, the Coupon cannot be deactivated or reissued.
This Coupon will be automatically applied to the first successful eligible trade executed, after activation and before its expiry.
The rebate, up to the contract value, will be credited to the eligible Account within 5 working days following the successful eligible trade.
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.
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.
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.
Days refer to calendar days.
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.
In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
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.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Referral Programme (“Programme”) is valid for existing POEMS Account holders (“Referrer”) who refer Customer(s) new to Phillip Securities Pte Ltd (“PSPL”) to open a Cash Management Account (“Referee”), from 1 September to 1 November 2026.
Within this context, “Referrers” refer to Customers with any of the following Accounts: Cash Plus, Cash Management, Margin, Prepaid, Custodian or Share Financing (“Qualified Accounts”)
A referral will be considered successful only when the referee fulfils all of the following:
Opens a Cash Management Account using a unique referral link generated by the referrer
Opts into Excess Funds Management (SMART Park)
Does not change the Account type during the promotion period
Abides by the terms and conditions
If the Referee uses referral link(s) to open multiple Accounts, only the first successfully opened and funded Account will be considered as successful referral.
Referrers will only receive a S$10 US Stock Coupon and S$50 Cash Credit ONCE for each unique Referee, even if the Referee opens multiple Accounts that fulfil clause 9 (regardless of Account type)
Only the first 10 referred Accounts (regardless of Qualified Account) will be considered as successful referrals
Referee consents to the disclosure of his or her name and referral status to the Referrer
The following Customers are NOT eligible for this Programme unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
Referees who have any type of existing Accounts with PSPL, including joint and corporate Accounts.
Referees who have closed any Accounts with PSPL.
Referrers and Referees who have already benefited from or will benefit from similar programmes or promotions, including PhillipCFD’s Refer A Friend.
All employees of PhillipCapital’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).
Rewards for Referrer: The Referrer will be entitled to a S$10 US Stock Coupon and S$50 Cash Credit when his/her Referee:
Successfully opens a Cash Management Account and opts in to Excess Funds Management (SMART Park), he/she would receive a S$10 US Stock Coupon
deposits at least S$3,000 into the Account within 14 calendar days from the Account opening date, he/she would receive S$50 Cash Credit. The deposit cannot withdraw from the Account for a period of at least 30 days.
Please note that the Stock Coupons and Cash Credit are non-transferable and non-withdrawable.
Rewards for Referee:
Account Opening Rewards:
0% Sales Charge on Unit Trust
Free Live Prices for SGX and US Asian Hours
Free Live Prices for US (NASDAQ, NYSE, AMEX), Malaysia (BURSA), Thailand (SET), and US Options for non-professionals.
Free SGX Enhanced Market Depth Access until 30 November 2026. For more information, please refer to poems.com.sg/sgx-enhanced-market-depth.
Fund Rewards:
Fund at least S$3,000 within 14 days of Account opening (“Initial Capital”) and hold the funds for at least 30 days to redeem
S$50 (S$10×5) Stock Coupons
Fund at least S$10,000 within 14 days of Account opening (“Initial Capital”) and hold the funds for at least 30 days to redeem
S$200 (S$20×10) Stock Coupons
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.
The deposit must be fresh cash 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.
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 for the tier respectively.
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.
The calculation of Net Cumulative Deposit is done daily. All withdrawals made during the holding period will reduce the Customers’ daily Net Cumulative Deposit.
Once the daily Net Cumulative Deposit falls below S$3,000, the Customer will no longer receive any Rewards. If the daily Net Cumulative Deposit falls below S$10,000 but remains at or above S$3,000, the Customer will only be eligible for the Tier 1 Reward.
Activation and crediting of the Referrer’s Rewards:
S$10 US Stock Coupon:
The S$10 US Stock Coupon will be credited into the eligible Customers’ Account in the POEMS Mobile 3 App > Me Tab > My Rewards Inventory, within 30 days of the end of the campaign. How to Use:
Activate – ‘Swipe to Activate’ to apply the Coupon.
Trade – Place a trade on the Stock Coupon that meets the Eligibility Criteria.
Rebate Credited – Once the trade is completed successfully, S$10 will be credited to your Account within 2 working days.
Eligibility Criteria:
Buy stocks only
US Market only
Cash trades only
The S$10 US Stock Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
The Coupon will expire 30 days from the date of issuance.
This coupon will expire at 02:00 (GMT+8) on the stated expiry date.
Once activated, the Coupon cannot be deactivated or reissued.
The S$10 US Stock Coupon will be automatically applied to the first successful eligible trade executed, after the Coupon activation and before its expiry.
The S$10 rebate, up to the contract value, will be credited to the eligible Account within 2 working days following the successful eligible trade.
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.
If there are multiple Stock Coupons active, the one which has a nearer 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.
S$50 Cash Credit:
Referrers will receive the S$50 Cash Credit into their Account within 10 working days once their referees have fulfilled the requirements.
Referrers will be required to download and login to POEMS Mobile 3 App in order to receive the S$10 US Stock Coupon, once their referees have fulfilled the requirements. Failure to do so, will result in forfeiture of the Reward/s.
Activation and crediting of the Referees’ Rewards:
Account Opening Rewards:
0% Sales Charge on Unit Trust will be granted upon Account opening.
Free Live Prices for SGX and US Asian Hours will be granted upon Account opening.
Free Live Prices for US (NASDAQ, NYSE, AMEX), Malaysia (BURSA), Thailand (SET), and US Options for non-professionals.
Free subscription for SGX Enhanced Market Depth Access would be granted automatically.
Tier 1 or 2 Fund Reward:
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 Fund Reward, once they have fulfilled the requirements.
Customers must claim the Tier 1 or 2 Fund Reward and execute the eligible 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.
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.
The Coupon will expire 90 days from the date of issuance.
Once redeemed, the Coupon cannot be reissued.
Eligibility Criteria:
BUY stocks only
US and Singapore Markets only
Cash trades only
Online trades only
A minimum contract value of US$100/S$100
This Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
Once activated, the Coupon cannot be deactivated or reissued.
This Coupon will be automatically applied to the first successful eligible trade executed, after activation and before its expiry.
The rebate, up to the contract value, will be credited to the eligible Account within 5 working days following the successful eligible trade.
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.
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.
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.
Days refer to calendar days.
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.
In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
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.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Hong Kong IPO and Financing
🌸
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🌸
🌸
🌸
⛵
🥟
🚃
🏙️
🀄
🍵
🏮
🐼
🥟
🎆
🐉
Hong Kong
IPO
Gateway
⛵
🌸
🏮
IPO
囍
Hong Kong is one of Asia's largest fundraising hubs, with over 2,600 listed companies and a strong pipeline of new listings each year.
The HKEx Main Board and GEM Board attract diverse issuers, from China's new-economy firms to international consumer and biotech names.
IPOs are typically priced in HK dollars and allocated through a ballot-based system; oversubscription is common for high-profile listings.
Retail investors can participate via public tranche applications, with allotment results announced before the first trading day.
Factors that drive subscription demand include company fundamentals, sector sentiment, liquidity, and overall market tone.
Hong Kong IPO Market Snapshot
~HK$46B
Total Funds Raised
73
New Listings (Main Board & GEM)
> 60×
Avg. Retail Oversubscription (Top 10)
Top Sectors
Consumer, Tech, Healthcare
Hong Kong continues to serve as a major gateway for Chinese and Asia-Pacific issuers seeking global capital. Each year, the Exchange hosts dozens of new listings spanning technology, consumer, healthcare, and industrial sectors.
When a company lists, shares are offered through two tranches: a public offering for retail investors and an international placement for institutions. The retail portion is usually small (around 10% of the total offering) and is subject to scaling if demand is high.
Investors applying through the public tranche typically do so in board lots and may receive partial or zero allotment depending on the final subscription ratio. All applications and refunds are made in HK dollars.
This section aims to help investors understand the process and key considerations when participating in Hong Kong IPOs via licensed brokers. It does not constitute an offer to buy or sell any securities.
You can now subscribe to HK IPO with Share Financing!
With POEMS Share Financing for HK IPOs, Eligible Customers have the option to apply for new listings with a financing arrangement that reduces the initial cash outlay required at subscription. This arrangement allows participation in IPOs without committing the full amount upfront.
Customers who prefer not to use the financing arrangement may also subscribe to HK IPOs through full payment.
For further details on the process and eligibility, please contact your designated Trading Representative or your Dealing team
For both Share Financing (80%) and Full Payment methods, the eligibility criteria are as follows:
Minimum of S$200,000 subscription (or its equivalent of HKD$ )
a. For Share Financing, the 20% co-payment is S$40,000 minimum (or its equivalent of HKD$ )
Account must be prefunded with the minimum subscription or co-payment amount
Prefunding deposit must be in cash
Submit the duly completed form to your Trading Representative or Dealing team latest by 10:00AM SGT the day before subscription period ends
Leveraged IPO subscriptions magnify gains and losses; prices may move sharply on listing.
Share Financing (80%)
Full payment
HK 100 subscription fee
1.0085% foreign fees on allotted value
9% GST on all applicable fees
80% HK IPO Financing amount is interest free.
If allotment is >20% co-payment, please refer to account Information Sheet for the applicable interest rate if currency balance runs into deficit.
Estimate deposit and fees for Share Financing or Full Payment (no interest).
Step 1: Enter your application details (shares, offer price, and FX).
80% (fixed)
WARNING: Application amount might not be more than S$200k, please check your prevailing SGDHKD rates, ignore if >S$200k.
Advanced parameters Locked
Values are preset by POEMS and cannot be changed on this page.
Step 2: Enter your assumed/actual allotment to see settlement.
Step 3: Choose your subscription method to view deposit.
Share Financing deposit = 20% × (Application + foreign fees on application + GST on those fees) + Subscription fee.
At settlement, foreign fees & GST are charged on the allotted value (shares × offer price).
Figures are estimates; actual charges and allocations may differ. The results from this calculator will not be considered grounds for dispute.
Looking ahead? Explore the upcoming HK IPO calendar.
Check out our Hong Kong Pre-IPO trading here as well!
Scan the Qr Codes to view the upcoming IPO calender or join HK IPO Community on POEMS Mobile 3 App!
This material does not constitute a recommendation, an offer, invitation to offer or solicitation to buy or sell any investment products mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information.To the extent that this material constitutes an offer or invitation to a relevant person or a person specified under section 275(1A) of the SFA, the material herein is provided as information only and not as an advertisement under section 275 of the SFA.
Terms and Conditions - HK IPO application
These terms shall form an integral part of and shall be read together with the Conditions Governing Phillip Securities Accounts. The Customer represents and warrants that he/she meets the eligibility criteria and other requirements set out in the relevant IPO Offering Documents and is not disqualified from making the HK IPO application under any law or regulation.
All applications are denominated in HK$. Minimum subscription amount is S$200,000 (or HK$ equivalent) for full payment and S$40,000 (or HK$ equivalent) for share financing per IPO application.
IPO allotment results are determined by the issuer. PSPL does not guarantee any allocation.
In the event of zero or partial allotment, The Customer’s unused funds (net of application fees) will be credited back to The Customer’s trading account within three business days after refunds are received by PSPL.
The Customer shall bear all currency exchange costs and risks, including any exchange losses arising from any adverse S$/HK$ movements; PSPL is not liable for such losses.
The Customer acknowledges that he/she is aware of and accepts the risks involved in HK IPO applications, including:- Allotment Risk: popular HK IPOs are frequently oversubscribed, and Customers may receive minimal or even zero allocation.- Market Risk: IPO shares may trade below the offer price upon listing, resulting in capital loss.
- Leverage Risk: Financing amplifies both gains and losses; and Customers may sustain losses greater than the initial payment.
- FX Risk: conversion between currencies exposes The Customers to exchange rate fluctuations.
- Liquidity Risk: The Customers may not be able to sell the allotted shares at their desired price or time in market stress.
PSPL may amend these Terms (including rates and fees) at any time by posting the revised Terms on its website; continued participation constitutes acceptance.
Application process
The Customer must complete and sign the relevant IPO Irrevocable Application & Compliance Form.
Applications must reach PSPL no later than 10:00 SGT, two business days before the official SEHK close of the IPO subscription period. Applications submitted after the cutoff may be rejected or processed on a best-efforts basis at PSPL’s discretion.
PSPL will deduct from The Customer’s trading account the subscription amount (plus fees and interest as applicable) before the IPO listing date, or upon notification of allotment, whichever is earlier.
Applications may only be submitted through the Customer’s designated Trading Representative or Dealing team.
HK IPO application fee: HK$ 100 per application (non-refundable). Other charges (e.g., FX spreads, bank charges) may apply.
If cleared funds are insufficient, PSPL may liquidate the Customer’s securities or exercise any right of setoff; default interest and administrative fees may apply.
An applicant shall submit only one application for the service or product. Multiple submissions, including those made by or through another third-party intermediary (such as a broker), will be rejected.
Financing terms
The Customer must complete and sign the relevant IPO Financing Application Form.
IPO financing is 80 % of the subscription amount. The Customer must deposit the remaining 20% co-payment plus fees before the application is accepted.
Interest will only be charged on allotments that have exceeded the 20% initial payment and will be charged on the difference (monies borrowed).
Debit interest is charged on debit balance at 7% p.a., beginning on the allotment date if the account does not have/convert sufficient HK$. If the IPO listing is deferred or settlement is delayed beyond four days, interest continues to accrue daily at 7 % p.a. until the loan is repaid, or forced selling is in place. (If allotment is more than 20% co-payment value)
UOBAM Ping An FTSE ASEAN Dividend Index ETF IOP
UOBAM Ping An FTSE ASEAN Dividend Index ETF
Initial Offering Period (IOP) from 7 to 23 January 2026
About the UOBAM Ping An FTSE ASEAN Dividend Index ETF
UOBAM Ping An FTSE ASEAN Dividend Index ETF tracks FTSE ASEAN ex REITs Target Dividend Index.
The Index aims to achieve 100% dividend yield increase compared to its underlying Index - FTSE ASEAN Index.
Why Invest in the UOBAM Ping An FTSE ASEAN Dividend Index ETF?
Dividend Income
It focuses on companies with strong, sustainable dividend yields which is historically a major component of total returns in ASEAN markets.
Demographic Opportunities
ASEAN is one of the world’s fastest-growing regions. Tap into its long-term growth potential, powered by a young population and a rapidly expanding middle class.
Diversification Benefits
Build a resilient portfolio with balanced exposure to both growth-oriented and mature ASEAN economies, focusing on sectors with lower cyclicality and providing portfolio diversification.
Top 10 Index Constituents
How to Subscribe to the ETF During the IOP via POEMS 2.0
Log in to your POEMS 2.0 , then navigate to ‘Account Management’ > ‘Online Forms’ > ‘IPO Subscription – Irrevocable Form’ or click here.
Select the IPO you wish to subscribe to.
Review and accept the prospectus, terms, and conditions before subscribing to the financial product.
Applications close at 5pm on 23 January Fri 2026.
Ensure sufficient funds are available in your POEMS Account to complete the application process (including the subscription amount and GST) by 23 January Fri 2026 at 5pm.
The ETF aims to pay dividends of at least 6.0 per cent p.a. in 2026 and 2027.
Distributions are not guaranteed. Distributions may be made out of income, capital gains and/or capital. This relates to the disclosed distribution policy as set out in the Fund’s prospectus.
The subscription period for UOBAM Ping An FTSE ASEAN Dividend Index ETF (“ETF”) is from 7 January 2026, Monday at 9am to 23 January 2026, Friday at 5pm.
The online subscription will close on 23 January 2026 at 5pm. No new applications, amendments, or withdrawals are allowed after this deadline.
Eligible Accounts to subscribe for the ETF must be 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.
Only one application is allowed per Account.
Each ETF unit is priced at SGD 1 and the minimum order quantity is 100 units, with an incremental order size of 100 units.
There are zero commission fees.
The total amount payable is denominated in SGD. The settlement currency will be in SGD.
Sufficient funds (including transfer fee and GST) must be present in the Customer’s Account by 23 January 2026 at 5pm.
Applications will be rejected if the Account does not have or reflect sufficient funds after 23 January 2026 at 5pm.
ETF units will be credited to the clients’ CDP or clients’ sub-account with Phillip Securities Pte Ltd by 29 January 2026.
Customers will receive the full allotment of the number of ETF units that they subscribe to.
Customers can start trading the ETF units when the ETF is listed on SGX on 29 January 2026 at 9am.
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.
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.
By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions.
Customers will be entitled to receive a S$10 cash credit for every S$5,000 subscribed into the UOBAM Ping An FTSE ASEAN Dividend Index ETF, provided that they hold their subscription from 29 January 2026, the listing date of the fund, to 28 February 2026 (the Minimum Holding Period).
The Campaign Period runs from 7 January 2026, Wed at 9.00am to 23 January 2026, Fri at 5.00pm.
The Cash Credit is capped at S$500 per POEMS account.
The Cash credits is to be provided to the first 300 eligible clients of PSPL who invest in the ETF during the IPO.
The Cash Credit will be credited to your account within one month after the holding period.
Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to:
(i) Amend, add, or delete any of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected; or
(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.
In the event of a dispute regarding a client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obligated to give any reasons on any matter concerning the Promotion, and no correspondence or claims will be entertained.
By taking part in this promotion, the customer acknowledges that he/she has read, understood, and consented to these Terms & Conditions.
Mr Shankar Panchadcharam | Senior Director, Business Development | UOB Asset Management & Ms Low Soo Fang | Vice President, Equities Research | UOB Asset Management
Zoom
Trade Gold for Gold Promo
Win a1/2 OZ PAMP GOLD BAR
(worth S$3,000*)
& Receive S$20 Cash Credits!
Trade Gold for Gold!
Trade SPDR Gold Shares to Win & Redeem!
*Subjected to Price Fluctuations.
OPEN ACCOUNT
Win a 1/2 OZ PAMP GOLD BAR (worth S$2,700*) & Receive
S$20 Cash Credits
Trade Gold for Gold!
Trade SPDR Gold Shares to Win & Redeem!
OPEN ACCOUNT
*Subjected to Price Fluctuations.
Be the Top Trader to win
1/2 oz PAMP Gold Bar
From 12 January 2026 to 31 March 2026
Be the Top Trader by Total Traded Value in SPDR Gold Shares: GLD SG$ (SGX:GSD) and/or GLD US$ (SGX:O87)
No Minimum Traded Value
Only BUY Trades are Applicable.
GLD SG$
GLD SG$ (Ticker: GSD) refers to the SPDR Gold Shares traded on the Singapore Exchange (SGX) in Singapore Dollars (SGD), offering investors a way to track gold's price without holding physical gold, backed by physical gold bullion in vaults, aiming to reflect gold's performance minus expenses, providing portfolio diversification and a hedge against economic uncertainty.
TRADE GLD SG$ (SGX:GSD)
GLD US$
GLD US$ (Ticker: O87) refers to the SPDR Gold Shares ETF traded on the Singapore Exchange in U.S. dollars (USD). It’s the same fund as the well-known SPDR Gold Shares (GLD) but quoted and settled on SGX in USD rather than SGD.
TRADE GLD US$ (SGX:O87)
Be the Top Trader by Total Traded Value in SPDR Gold Shares:
GLD SG$ (SGX:GSD) and/or GLD US$ (SGX:O87)
No Minimum Traded Value
Only BUY Trades are Applicable.
GLD SG$
GLD SG$ (Ticker: GSD) refers to the SPDR Gold Shares traded on the Singapore Exchange (SGX) in Singapore Dollars (SGD), offering investors a way to track gold's price without holding physical gold, backed by physical gold bullion in vaults, aiming to reflect gold's performance minus expenses, providing portfolio diversification and a hedge against economic uncertainty.
TRADE GLD SG$ (SGX:GSD)
GLD US$
GLD US$ (Ticker: O87) refers to the SPDR Gold Shares ETF traded on the Singapore Exchange in U.S. dollars (USD). It’s the same fund as the well-known SPDR Gold Shares (GLD) but quoted and settled on SGX in USD rather than SGD.
TRADE GLD US$ (SGX:O87)
Check out the Comparison Chart between S&P 500 & Gold in 2025
Blue line: Gold
Orange line: S&P 500
Source: TradingView
Claim your S$20 Gold Coupon on POEMS Mobile 3 App Rewards
Valid to redeem and trade from 9 January to 31 March 2026 (while stocks last).
Claim your S$20 Gold Coupon on POEMS Mobile 3 App Rewards
Valid to redeem and trade from 9 Jan to 31 Mar 26 (while stocks last).
Eligibility
Redeemable with one POEMS Coin via POEMS Mobile 3 App Rewards
Applicable for BUY Trades only
A successful trade refers to the purchase of SPDR Gold Shares, either GLD SGS (SGX:GSD) or GLD US$ (SGX:087).
Each Customer is only eligible to redeem one S$20 Gold Coupon using the POEMS coin during the Promotion period.
Scan the QR Code to redeem the S$20 Gold Coupon!
REDEEM NOW
This promotion is valid from 12 January 2026 to 31 March 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
Promotion Details:
Top Trader Promotion:
1 X 1/2 OZ PAMP Gold Bar*:
Eligibility:
Be the top trader by total traded value in SPDR Gold Shares (SGX:GSD), (SGX:O87) during promotion period.
Only BUY trades are applicable
*Subjected to availability. May be substituted with a 1/2 OZ Gold Coin of similar value.
Notification:
You will be notified via email or phone within one month after the end of the promotion period.
S$20 Gold Coupon:
Eligibility Criteria:
BUY trades only
SPDR Gold Shares (SGX:GSD) and (SGX:087) only
Cash trades only
Online trades only
This Coupon, exchangeable with 1 POEMS Coin, can be redeemed for a S$20 Cash Credit upon successful eligible trades.
The S$20 Gold Coupon is listed on the POEMS Mobile 3 App Reward Shop and availability will be on a first come first serve basis.
Each Customer is only eligible to exchange one S$20 Gold Coupon with ONE POEMS coin during the Promotion period.
The 1 POEMS Coin used to exchange for this Coupon will not be refunded once the Coupon is exchanged.
This Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
This Coupon will expire on 31 Mar 2026. You are required to redeem the Coupon and execute the eligible trade within the Coupon validity period.
This Coupon will be automatically applied to the first successful eligible trade executed, after the Coupon redemption and before its expiry.
The S$20 rebate, up to the contract value, will be credited to the eligible Account in the month of April 2026 after redeeming the coupon and completing Successful Trades.
If the Coupon is not redeemed and/or a successful eligible trade is not executed within the validity period, the coupon will be forfeited, and no rebate will be issued.
If the Customer holds multiple trading Accounts, the Account that performs the first successful eligible trade will receive the S$20 rebate, regardless of which Account the Coupon was activated in. For example: Customer has Account A and Account B. 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 S$20 rebate.
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.
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.
By redeeming this item from your Rewards page, you acknowledge that you have read and consented to these Terms and Conditions.
Days refer to calendar days.
The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
Closed Account with PSPL during the promotion period
Cash Account(s)
Joint Account(s)
PSPL institutional Customers and corporate Customers
PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff and Financial Adviser Representatives.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Share Builder Plans
Think Big, Start Small. Build Your Portfolio by Investing Regularly.
Think Big, Start Small. Build your Portfolio by investing Regularly.
Receive S$50 In Rewards
when you invest in
Hong Kong SDR counters via Share Builders Plan.
Receive S$50 In Rewards
when you invest in
Hong Kong SDR counters via Share Builders Plan.
Why Share Builders Plan (SBP)
Take the first step towards growing your portfolio the smart way. With SBP, you can start investing regularly from just S$100/month through dollar-cost averaging. It’s a disciplined, stress-free way to build wealth over time without needing a large upfront sum.
LEARN MORE ABOUT SBP
What are Hong Kong Singapore Depository Receipts (SDR)
A Hong Kong SDR allows you to invest in Hong Kong-listed companies through the SGX, without trading directly on overseas markets. Each SDR is backed by the underlying shares held by a custodian, giving you beneficial ownership and easy access to global opportunities.
Why invest in HK SDRs?
Secure Custody
Held safely with CDP or sub-accounts under
Phillip Securities.
Global Access
Invest in overseas companies through a single marketplace.
Cost-Efficient
Local brokerage and fees apply, no additional FX or
overseas charges.
SGD Trading
Trade, clear and settle during SGX market hours in SGD.
Flexible & Transparent
Easily convert to underlying securities; corporate actions clearly announced.
Eligible HK SDR counters
ALIBABA HK SDR 5TO1
ALIBABA HK SDR 5TO1 2
BYD HK SDR 10TO1
TENCENT HK SDR 10TO1
MEITUAN HK SDR 5TO1
BANK OF CHINA HK SDR 1TO1
HSBC HK SDR 5TO1
XIAOMI HK SDR 2TO1
PING AN INS HK SDR 2TO1
LEARN MORE ABOUT SDR
START NOW
T&Cs
SBP HK SDR Promo T&C
1. The Promotion Period is from 6 Oct 2025 (0000hrs) to 31 Dec 2025 (2359hrs), both dates inclusive.
2. The first 100 Customers who sign up for Share Builders Plan (SBP) or Junior Share Builder Plan (JSBP) and invest in the eligible Hong Kong Singapore Depository Receipts (HK SDR) counters during the Promotion Period will receive a S$50 cash reward.
No.
Full Company Name
Counter Name in POEMS
Sector
*Dividend Yield
1
ALIBABAB HK SDR 5TO1
Alibaba Hk SDR 5to1
Information & Communication Technology
New
2
BANK OF CHINA HK SDR 1TO1
Bank of CN HK SDR 1to1
Banking
New
3
BYD HK SDR 10TO1
BYD HK SDR 10to1
Automobile
New
4
HSBC HK SDR 5TO1
HSBC HK SDR 5to1
Banking
New
5
TENCENT HK SDR 10TO1
Tencent HK SDR 10to1
Information & Communication Technology
New
6
XIAOMI HK SDR 2TO1
Xiaomi HK SDR 2to1
Consumer Electronics
New
7
MEITUAN HK SDR 5TO1
Meituan HK SDR 5to1
E-commerce
New
8
PING AN INS HK SDR 2TO1
Ping An Ins HK SDR 2to1
Insurance
New
Disclaimer: Dividend yield figures for SBP counters are obtained from Bloomberg. The trailing 12-month dividend yield is based on data of 20 May 2025 and may be subject to future revisions.
3. Eligible Customers aged 18 to 30 years old will receive an additional S$50 cash reward (total S$100).
4. Eligible Customers will receive the cash reward, subject to the following conditions:
• The Customer’s SBP or JSBP account must be opened and successfully linked to eGIRO.
• A minimum monthly investment of S$100 must be made for at least 6 consecutive months.
• Any failed GIRO deduction, or any suspension or termination of the SBP or JSBP account during the 6-month qualifying period will result in the Customer being disqualified.
5. The qualifying period begins from the date of the first successful monthly investment.
6. The S$50 or S$100 cash reward will be credited to the Customer’s SBP or JSBP account within 30 business days after completing the 6-month qualifying period.
7. Customers will receive an email confirming their eligibility within 7 business days of account opening.
8. Each customer is limited to one reward under this promotion.
9. The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
• Customers who engage the services of a representative from an external provider (B2B).
• Corporate Accounts and Institutional Accounts.
• All employees of PSPL’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).
10. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all participants.
11. 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.
12. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
13. This advertisement has not been reviewed by the Monetary Authority of Singapore.
Who is eligible to participate in the Promotion?
This promotion is open to the first 100 Customers who sign up for Share Builders Plan (SBP) or Junior Share Builder Plan (JSBP) and invest in the eligible Hong Kong Singapore Depository Receipts (HK SDR) counters.
What are the eligible HKD SDR counters?
Refer to the list below:
No.
Full Company Name
Counter Name in POEMS
Sector
*Dividend Yield
1
ALIBABAB HK SDR 5TO1
Alibaba Hk SDR 5to1
Information & Communication Technology
New
2
BANK OF CHINA HK SDR 1TO1
Bank of CN HK SDR 1to1
Banking
New
3
BYD HK SDR 10TO1
BYD HK SDR 10to1
Automobile
New
4
HSBC HK SDR 5TO1
HSBC HK SDR 5to1
Banking
New
5
TENCENT HK SDR 10TO1
Tencent HK SDR 10to1
Information & Communication Technology
New
6
XIAOMI HK SDR 2TO1
Xiaomi HK SDR 2to1
Consumer Electronics
New
7
MEITUAN HK SDR 5TO1
Meituan HK SDR 5to1
E-commerce
New
8
PING AN INS HK SDR 2TO1
Ping An Ins HK SDR 2to1
Insurance
New
Disclaimer: Dividend yield figures for SBP counters are obtained from Bloomberg. The trailing 12-month dividend yield is based on data of 20 May 2025 and may be subject to future revisions.
When will I receive my rewards?
Eligible customers will receive the cash reward in their SBP account within 30 business days after completing the 6-month qualifying period.
How can I check my reward?
You can view the reward in your SBP monthly statement.
Grateful for 50 Years of Trust and Partnership
Season of Savings Campaign
SEASON OF
SAVINGS
1 October to 31 December 2025
Receive S$10 worth of PMMF BONUS UNITS for every S$10,000 invested in eligible funds using SRS
Enjoy EXTRA reward when you subscribe with RSP
(capped as S$60 worth of Phillip Money Market Fund SGD units per customer)
Receive S$10 worth of Phillip Money Market Fund SGD units for every S$10,000 invested into eligible funds using SRS (capped at S$50 per customer).
AND /OR
Receive S$10 worth of Phillip Money Market Fund SGD units with a regular savings subscription of a minimum S$500 monthly into eligible funds (capped at S$10 per customer)
Each customer is entitled up to S$60 Phillip Money Market Fund SGD units
Please ensure that you have reviewed and understand the Term and Conditions associated with the campaign (Season of Savings) before participating in it.
This promotion is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. 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. Unit trusts distributed by Phillip Securities Pte Ltd (“PSPL”) are not obligations of, deposits in, or guaranteed by, PSPL or any of its affiliates. The value of the units in any fund and the income from them may fall as well as rise. Past performance figures as well as any projection or forecast used in this publication are not necessarily indicative of future or likely performance of any unit trust. You should read the prospectus and product highlights sheet before deciding to subscribe for units in the respective fund. A copy of the prospectus can be obtained from the issuer or PSPL, or online at https://www.poems.com.sg/fund-finder/. You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and 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.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
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You have clicked on a link which leaves POEMS website, and you will be redirected to a third party website. POEMS makes no representations nor has any supervision or control over the quality, content, reliability or security of the third party website, nor shall POEMS be liable for its use.
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
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Investment Journey Starts with Welcome Gift
CDP Mass Share Transfer Promotion
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Enjoy No Minimum Commission
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*Based on the average rate of annualised returns over the last
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Be the first 100 Customers to sign up for a Shares Builders Plan to receive a S$50 Cash Reward!
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For both Share Financing (80%) and Full Payment methods, the eligibility criteria are as follows:
Looking ahead? Explore the upcoming HK IPO calendar.
Check out our Hong Kong Pre-IPO trading here as well!
HK IPO Calendar
Join Here
What are the risks of HK IPO subscription?
There is a possibility of zero or very minimal allotment as popular HK IPOs are usually heavily oversubscribed.
On the contrary, clients customers who receive full allotments, or partial allotments that exceeding the 20% co-payment are subject to forced selling if there is no capacity to meet margin requirements.
How do I participate in HK IPO Subscription?
Please contact your designated Trading Representative or your Dealing team to place an order for a HK IPO. You will be required to complete an irrevocable form to subscribe. Pre-funding your account is also required.
Who is eligible for HK IPO Financing?
Customers with Margin, Cash Plus or Cash Management account can apply for IPO Financing.
What is the maximum financing quantum for HK IPO?
Maximum 80% financing is available on the total subscription amount.
Can I make full payment for the subscription instead?
Yes, you can choose to make full payment for the HK IPO subscription.
How do I participate in IPO Financing?
Submit the duly completed IPO Financing Application form and fund your account with the 20% co-payment before the submission deadline.
Am I able to apply through iBanking/ATM?
No, HK IPO subscriptions are not supported via iBanking or ATM.
When is the last day to apply for HK IPO?
The subscriptions for HK IPO close at 10:00AM SGT, two Singapore business days before the official closing of the HK IPO.
Do I have to pay the principal loan and interests immediately upon successful IPO allotment?
The allotted amount and applicable fees will be debited from your account. If your account has insufficient funds, debit interest will accrue and you’re required to fulfil any margin shortfall within the stipulated timeframe.
What happens if I am not allotted the IPO I subscribed for?
In the case of zero or partial allotment, the unused funds will be refunded to your trading account after deducting applicable fees
When will I be notified of my subscription results?
The results will be conveyed to you via your designated Trading Representative or our Dealing team on or before the listing date.
Can I sell my allotted shares during HK Pre-IPO?
Yes, shares allotted during HK IPO subscription are tradeable during the HK Pre-IPO available on POEMS.
Can I apply for more than one HK IPO at a time?
Yes, however, you must ensure that only a single application is lodged for any given IPO counter. Applications for separate IPO counters may be submitted simultaneously subject to 20% co-payment. Submitting multiple applications for the same IPO counter will result in the rejection of all applications for that counter.
Can I modify my application after submission?
Applicants are solely responsible for the accuracy and completeness of their application and deposit prior to submission. Once lodged, amendments are not supported.
Trade Gold for Gold!
Trade SPDR Gold Shares to Win & Redeem!
OPEN ACCOUNT
*Subjected to Price Fluctuations.
Blue line: Gold
Orange line: S&P 500
Source: TradingView
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Receive S$50 In Rewards
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Held safely with CDP or sub-accounts under
Phillip Securities.
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Invest in overseas companies through a single marketplace.
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Local brokerage and fees apply, no additional FX or
overseas charges.
SGD Trading
Trade, clear and settle during SGX market hours in SGD.
Flexible & Transparent
Easily convert to underlying securities; corporate actions clearly announced.
