US Fractional Shares
Build your
US Portfolio at a Fraction of a Share!
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Build your
US Portfolio at the Fraction of
a Share!
Open Account
Unlock the Potential of US Stocks
US Fractional Shares allows you to invest in any US blue chip stocks,
which instead of buying a whole share, you can purchase a fraction of it!
Gain Access To Your Dream Companies Within Your Budget!
This infographic is only for illustration purposes.
Open an Account Trade NowUnlock the Potential of US Stocks
US Fractional Shares allows you to invest in any US blue chip stocks, instead of buying a whole share, you can purchase a fraction of it!
Gain Access To Your Dream Companies Within Your Budget!
This infograpahic is only for illustration purposes.
Open an Account Trade NowWhy Trade US Fractional Shares with POEMS?
- Trade from as low as US$0.88 commission per fractional order*
- Dedicated Specialist available
- NO Platform Fee
*Only for less than 1 share order quantity, else existing brokerage will apply.
Why Trade US Fractional Shares with POEMS?
- Trade from as low as US$0.88 commission per fractional order
- Dedicated Specialist available
- NO Platform Fee
*Only for less than 1 share order quantity, else existing brokerage will apply.
US Fractional Shares Order Details
Eligibility of Order Types
- Only Regular Trading Hours (RTH) Limit and Market orders are eligible.
- US Fractional Trading is not eligible for extended hours and GTD orders.
Minimum Order
- The minimum order for US Fractional shares orders is 0.001.
- US Fractional Shares notional value must be more than US$1 per order.
Corporate Actions
- US Fractional shares are still subject to corporate actions (e.g. stock splits, dividend distributions, and others)
- US Fractional shares are non-transferable and investors are not entitled to voting rights.
US Fractional Shares Order Details
Eligibility of Order Types
- Only Regular Trading Hours (RTH) Limit and Market orders are eligible.
- US Fractional Trading is not eligible for extended hours and GTD orders.
Minimum Order
- The minimum order for US Fractional shares orders is 0.001.
- US Fractional Shares notional value must be more than US$1 per order.
Corporate Actions
- US Fractional shares are still subject to corporate actions (e.g. stock splits, dividend distributions, and others)
- US Fractional shares are non-transferable and investors are not entitled to voting rights.
Check out our Tutorial Video on US Fractional Shares
Open an Account & Start Trading with POEMS!
Start your trading journey with POEMS and experience a smarter way to manage your investments on our reliable and user-friendly platform!
Open an AccountOpen an Account & Start Trading with POEMS!
Start your trading journey with POEMS and experience a smarter way to manage your investments on our reliable and user-friendly platform!
Open an Account
Frequently Asked Questions
1. What is the minimum order for US Fractional share orders?US Fractional Shares require a minimum notional value of US$1 per order.
US Fractional Shares are supported up to three decimal points (e.g. 0.001).
2. What are the eligible order types to trade US Fractional Shares?US Fractional Shares can only support Market and Limit orders.
3. Where can I trade US Fractional shares?US Fractional Shares can be traded under the normal trade ticket.
US Fractional shares are available on Cash, Cash Management, Margin, Cash Plus, Custodian, and Prepaid Custodian Accounts.
Client will need to acknowledge a Fractional Risk Disclosure Statement prior to Fractional shares trading.
5. Which are the POEMS trading platforms that US Fractional Shares are available to trade on?US Fractional shares are available for trading on POEMS 2.0 Web and POEMS Mobile 3 App.
6. What is the commission fee for US Fractional share?The commission for US Fractional shares (i.e. less than 1 share) is US$0.88 per order.
If it’s more than 1 share (i.e. 1, 1.5, 100 shares etc), the commission will follow the customer prevailing commission rate.
7. How can I identify shares available for US Fractional trading?US Fractional shares are indicated by a fractional tag displayed alongside their ticker symbol.
To place Dollar-based orders,
on POEMS 2.0, navigate to the desired US Fractional counter > select Market order > select Dollars > Buy
on POEMS Mobile 3 App, navigate to the desired US Fractional counter > select Market order > toggle to Dollars > Place BUY Market Order
9. Who do I contact directly if I have any enquiries?
You may contact your specialist/Trading Representative. Your Trading Representative’s contact information can be retrieved via the methods shown below:
1) Login to POEMS 2.0 > My Setting > Contact Us
2) On POEMS 2.0 Homepage, click Phillip Chatbot (Orange logo located on the right screen) and type ‘remisier details’ to retrieve your Trading Representative’s contact details.
3) Login to POEMS Mobile 2.0 app > tap on the Menu > Help > Call Broker.
4) Login to POEMS Mobile 3 app > Me Tab > Support > Help Service > Call Broker.
Alternatively, you may call us at 6531 1555 for assistance to retrieve your Trading Representative’s contact details.
Now you can own a Portion of a Stock with US Fractional Shares!
Open Account Trade NowT&Cs Apply.
Now you can own a Portion of a Stock with US Fractional Shares!
T&Cs Apply.
Open an Account Trade NowDisclaimer
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.
SDR Promo Aug 2024
Zero Brokerage with Singapore Depository Receipts (SDR) from
1 Aug to 31 Dec 2024
Zero Brokerage with Singapore Depositary Receipts (SDR) from
1 Aug to 31 Dec 2024
Click on the logo or the counter name to read more about the company.
AOT Airports of Thailand
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CP All
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PTT Exploration and Production
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Siam Cement
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The KASIKORNBANK
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Gulf Energy Development
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Advanced Info Service
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Delta Electronics
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Alternatively, visit any of our Phillip Investor Centres or contact your trading representives.
Frequent Asked Questions
What is SDR?
Singapore Depository Receipts (SDR) are instruments issued by the depository which represent beneficial interest of an underlying security listed on an overseas exchange. SDR facilitate investments into overseas listed companies without having to deal with the complexities of cross-border trading and settlement.
How does SDR work?
SDR provide investors beneficial interest in an overseas listed security without having to purchase the security directly on an overseas exchange. SDR is issued by the depository and each SDR is represented by a specific number of underlying securities, held with a custodian in the home market on trust for SDR holders.
What overseas markets and instruments are SDR are issued on?
Currently, there are SDR issued on Non-Voting Depository Receipts (NVDR) on shares of a company listed on the Stock Exchange of Thailand (SET). An NVDR is an instrument issued by the Thai NVDR Co., Ltd (Thai NVDR), a subsidiary of the SET, to facilitate trading by reducing barriers of foreign ownership limits. Generally, NVDR share the same prices and benefits as its underlying shares but do not carry any voting rights.
Who can invest in SDR?
SDR are classified as Excluded Investment Products (“EIP”) and are generally for investors who expect low to moderate likelihood of loss of principal investment amount, with generally smaller potential returns. Investors who invest in this product should have a basic understanding of financial instruments with standardised terms and no unusual or complicated features.
Investors should refer to the SDR programme disclosure document provided by the depository for the features, and characteristics including a description of how corporate actions or distributions will be handled, as well as risks and other information. The SDR programme disclosure document is provided on https://www.singaporedr.com/.
Why should I buy SDR, instead of Thai Stocks directly?
Besides the convenience, investing through SDR is significantly more affordable. Using the Cash Plus Account Privilege tier as an example, trading on the Stock Exchange of Thailand (SET) incurs a fee of 0.12% with a minimum amount of THB300, while trading Thai Stock under SDR is charged at 0.08% with no Minimum. It’s worth noting that the standard rate for the SET under the Cash Plus Account’s normal tier is 0.35%, with a mininum of THB500.
Where can I find the SDR counters (AOT, CPALL, PTTEP, SCC, KBANK, GULF, DELTA, ADVANC) on POEMS?
You can find the counter details by clicking on each individual name. (AOT, CPALL, PTTEP, SCG, KBANK, GULF, AIS, DELTA)
For more FAQs, you might refer here.
Terms & Conditions
Terms and Conditions
- This promotion offers a commission rebate to trade Singapore Depository Receipt (“SDR”) with 0 brokerage from 1 Aug 2024 to 31 Dec 2024.
- SDR trades must be executed on our suites of the POEMS platform.
- Customers will be required to pay the prevailing SGX clearing fee, SGX access fee and other related fees, and the associated GST.
- Eligible Accounts used for trading of SDRs must be Cash Plus, Margin (M), Custodian (C), Prepaid Custodian (CC), Cash Management (KC) and Share Financing (V) Accounts.
- The rebate will be paid to your Trading Account in February 2025.
- The following persons are not eligible to participate in those promotions unless approved by the management of Phillip Securities Pte Ltd (“PSPL”): a. PSPL institutional Customers and Corporate Customers b. PSPL Account holders whose Accounts have been suspended, canceled or terminated
- 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.
Don’t miss this opportunity!
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Don’t miss this opportunity!
Trade Now
Open an Account
For more information about Singapore Depository Receipts (SDR), please refer here.Phillip-China Universal MSCI China A 50 Connect ETF IOP
Phillip-China Universal MSCI China A 50 Connect ETF
Trade Now (S$) Trade Now (US$)Why invest in China A-shares?
Strong track record of GDP and capital markets growthOver the past few decades, China has undergone unprecedented economic expansion and demonstrated a formidable track record of robust GDP and capital markets growth, establishing itself as a global economic powerhouse.
China’s implementation of market-oriented reforms and the opening up of its economy to foreign investments have been pivotal in fostering this growth. Its capital markets, including the Shanghai and Shenzhen stock exchanges, have seen remarkable development, attracting a diverse range of domestic and international investors. The government’s strategic focus on innovation, technology, and infrastructure development has further propelled the nation’s economic prowess. As a result, China has not only become the world’s second-largest economy but also significantly influenced global economic trends.
Global stock market valu by country (US$ trillions), Dec 2023
China’s A-shares, which represent shares of mainland Chinese companies listed on the Shanghai and Shenzhen stock exchanges, offer compelling opportunities for portfolio diversification. Incorporating A-shares into a portfolio provides exposure to a vast and dynamic market that is often less correlated with traditional global markets, such as those in the United States and Europe.
China’s growth and its transition towards a more consumption-driven economy contribute to the diversity of sectors available for investment, ranging from technology and e-commerce to healthcare and manufacturing. Additionally, the inclusion of A-shares allows investors to tap into the rising middle class and changing consumption patterns within the world’s most populous country. As China continues to open up its capital markets to foreign investors, A-shares can serve as a valuable component for investors seeking a well-rounded and diversified portfolio.
China’s equity index has low correlation with other main markets
Potential Catalysts: Increasingly pro-growth stance
In terms of capacity, China is well positioned to provide stimulus to boost economic growth. Notably, it boasts the largest foreign exchange reserves in the world, nearly three times larger than that of the second-largest holder.
In recent years, China had shown reluctance in providing massive economic stimulus, as policymakers were concerned about the potential risks associated with excessive debt and financial imbalances. The focus was on structural reforms, deleveraging, and maintaining financial stability. However, the stance has evolved, particularly in response to the economic challenges. China has shown an increasingly pro-growth policy stance to stimulate the economy, including fiscal and monetary policies aimed at boosting domestic consumption and investment. Notable recent measures include:
Monetary policy:
- Reductions in banks’ reserve requirement ratios
Fiscal policy:
- Proactive expansionary 2024 budget at 3% budget deficit
- 1 trillion yuan financing for affordable housing programs
Others:
- Tightening trading restrictions to limit short-selling
- Stock purchases by state-affiliated funds
Why invest in Phillip-CUAM MSCI China A50 ETF?
Exposure to core China A-sharesThe ETF tracks the benchmark MSCI China A 50 Connect index, with exposure to equities of leading and well-established companies within the Chinese market. These companies are often considered as the pillars of China’s economic landscape and are characterised by strong fundamentals, stable performance, and significant market capitalisation.
The ETF is a Feeder Fund, and will primarily invest its Net Asset Value in the mainland-listed China Universal MSCI China A50 Connect ETF.
Investing in these stocks is commonly viewed as a strategy to capitalise on the long-term growth potential of the Chinese economy. The exposure is also reflective of the country’s ongoing transition toward a more consumption-driven and innovation-focused economy. Investors looking for stability and long-term growth in the Chinese market often consider including core China stocks in their portfolios.
Mainland A-shares have demonstrated a solid performance track record, compared to their counterparts – China stocks that are listed in foreign markets, such as Hong Kong or in the US. One contributing factor is that domestic companies are less exposed to regulatory interventions from Chinese authorities which focus on big-tech companies that are generally listed abroad.
Examples of top ETF constituents:
| Name | Sector | Remarks |
| Kweichow Moutai | Consumer Staples | Leader in liquor industry |
| CATL | Industrials | Leader in power equipment and new energy |
| Zijin Mining | Materials | Leader in mining & minerals |
| Wanhua Chemical | Materials | Leader in chemical industry |
| Luxshare Precision | Information Technology | Leader in electronics manufacturing |
| BYD | Consumer Discretionary | Leader in auto industry |
| Foxconn Industrial Internet | Information Technology | Leader in precision equipment |
| China Yangtze Power | Utilities | Leader in hydropower generation |
| China Merchants Bank | Financials | Leader in banks |
| LONGi Green Energy | Information Technology | Leader in photovoltaic industry |
Note the outperformance of the benchmark MSCI China A 50 Connect index versus other comparable China stock indices, particularly against broad China indices that incorporate offshore-listed China shares.
Returns of different China related indices 2014-2023
Many broad China stock indices are disproportionately weighted towards ‘old economy’ sectors due to historical economic structures and the dominance of traditional industries in the early stages of China’s economic development. While China has been actively transitioning towards a more technology-driven and consumer-oriented economy, the legacy of these older industries continues to influence the composition of stock indices.
For the ETF and its tracking benchmark, the MSCI China A50 Connect Index, the largest sector weighting falls below 20% – much less than other products on the market. This balanced sector composition provides a more diversified exposure to China’s economy and prevents an overweight position in “old economy’ sectors, like financials and real estate, and averts an underweight position in the ‘new economy’ sectors, like technology and health care.
Balances sector exposure
The ETF has a very low management fee of 0.01%. Note that because it is a feeder into the mainland-listed master ETF (China Universal China A50 Connect ETF), the management fee of the master ETF (0.50%) should also be added to the total management fee that comprises the fund management expense to the investor.
This is the same approach as all other SGX-listed ETFs that utilise such feeder-master approach – essentially those ETFs that operate on the ETF link between Singapore and mainland China.
We believe by offering an extremely low management fee of 0.01% on the feeder level, we can essentially provide Singapore investors with costs comparable to what a mainland investor would incur when investing directly into the master ETF in mainland China.
Who is suitable for this ETF?
The ETF is well-suited for investors seeking:
Exposure to Mainland China’s equities market- An investment whose performance closely corresponds to the MSCI China A 50 Connect index
- Exposure to core China A-shares, with a well-balanced sector exposure
- The transparency and rules-based approach of ETFs for investing in emerging markets
- High liquidity and easy diversification across the Mmainland China’s stock market
- Ability to invest in China’s domestic market without the complexity of directly purchasing individual stocks
- Gain access to 50 leading companies in various industries in China’s A-shares through a single transaction
- ETFs that offer a lower expense ratio, enhancing cost-efficiency
Subscribe to Phillip-China Universal MSCI China A 50 Connect ETF during the Initial Offering Period (IOP) via POEMS 2.0
- Login to your POEMS 2.0 account > Acct Mgt > Online Forms > IPO Subscription – Irrevocable Form
- Select the IPO that you wish to subscribe to
- Read and agree to the prospectus, terms and conditions before subscribing to the financial product
- Application closes on 13 March 2024, Wednesday at 5pm
- Ensure sufficient cash is present in your POEMS account to complete the application process (inclusive of subscription amount, transfer fee and GST) by the settlement date on 13 March 2024, Wednesday at 5pm
| Subscription Period: | 4 March – 13 March 2024 |
| Listing Date: | 20 March 2024 |
| Subscription price: | SGD 1.00 |
| Minimum Quantity: | 1,000 unit |
| Commission Fees: | Zero Commission |
| Transfer Fees: | SGD 10.00 (Subject to GST) for Cash Management Account. Transfer fees will be waived for subscription of 5000 units and above. Other Phillip Investment Account Types will not be subject to transfer fee charge |
| Settlement Currency: | SGD |
| Trading Currency: | SGD, USD |
| Allotment | Full Allotment |
| Name | Phillip-China Universal MSCI China A 50 Connect ETF |
| Investment Objective | To replicate as closely as possible, before fees and expenses, the performance of the MSCI China A 50 Connect Index |
| Benchmark Index | MSCI China A 50 Connect Index |
| Index Methodology | The index aims to reflect the overall performance of the 50 leading companies in various industries in China’s A-shares (within the scope of Stock Connect). |
| Underlying Exposure | China mainland A shares market |
| ETF Replication Method | Physical Replication. The ETF is a Feeder Fund, and will primarily invest its Net Asset Value in the mainland-listed China Universal MSCI China A50 Connect ETF |
| Exchange Listing | Singapore Exchange Limited (SGX) |
| Base Currency | SGD |
| Trading Currency | Primary : SGD Secondary : USD |
| Launch price | S$ 1.000 per unit |
| Investment Product Type | Excluded Investment Product (EIP) |
| Board lot size | 1 unit |
| Management Fee | Management Fee 0.01% p.a. (master ETF management fee 0.50% p.a.) |
| Manager | Phillip Capital Management (S) Ltd |
| Investment Advisor | China Universal Asset Management (Hong Kong) |
| Designated Market Makers | Phillip Securities Pte Ltd |
| Participating Dealer | Phillip Securities Others TBC |
| Custodian and Administrator | BNP Paribas, acting through its Singapore Branch |
Contact your trading representative or visit your nearest Phillip Investor Centre for further assistance.
Alternatively, you can email us at etf@phillip.com.sg to find out how you can participate in this initial offer.
For more information on how to transfer funds to your POEMS account, please visit https://www.poems.com.sg/payment/
For more information about ETFs, please visit https://www.poems.com.sg/products/etf/
ProspectusPast Events
Unlock China's Market Potential: Why This ETF Outshines Its Competitors
精准出击， 投资中国50高手
| Date/Time | Title | Venue |
|---|---|---|
| 5 Mar, Tue 07:00pm-08:00pm |
Strike with Precision, Invest in China’s 50 Leading Companies Tan Teck Leng | Deputy Chief Investment Officer | Phillip Capital Management |
Raffles City Tower, 250 North Bridge Road Raffles City Tower #06-00 Singapore, 179101 |
| 5 Mar, Tue 07:00pm-08:00pm |
Strike with Precision, Invest in China’s 50 Leading Companies Tan Teck Leng | Deputy Chief Investment Officer | Phillip Capital Management |
Webinar |
| 7 Mar, Thu 01:00pm-02:00pm |
乐无穹 | 基金经理 | 汇添富基金 & 姜昕宏 | 业务拓展 | 辉立资金管理有限公司 |
Webinar |
| 8 Mar, Fri 07:00 PM - 08:00 PM |
Strike the precision, Investing in China's 50 leading companies Tan Teck Leng | Deputy Chief Investment Officer | Phillip Capital Management |
SGX Auditorium, Level 2, SGX Centre 1, 2 Shenton Way, Singapore 068804 |
| 11 Mar, Mon 01:00pm-02:00pm |
Strike the precision, Investing in China’s 50 leading companies Mr Tan Teck Leng | Deputy Chief Investment Officer | Phillip Capital Management |
Webinar |
Terms and Conditions
- The subscription period for this ETF is from 4 March 2024, Monday at 9am to 13 March 2024, Wednesday at 5pm
- The online subscription will close on 13 March 2024 at 5pm. No new applications, amendments, or withdrawals are allowed after this deadline.
- Six types of accounts namely, Cash Plus, Cash Management (KC), Prepaid (CC), Custodian (C), Margin (M) and Share Financing (V) accounts are eligible to subscribe for this ETF.
- An additional transfer fee charge of SGD 10 (subject to GST) per application for Cash Management Accounts will be applicable. The transfer fees will be waived for subscription of 5,000 units and above.
- 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 SGD1 and the minimum order quantity is 1,000 units, with an incremental order size of 1,000 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 client’s trading account by 13 March 2024 at 5pm
- Applications will be rejected if the account does not have or reflect sufficient funds after 13 March 2024 at 5pm.
- ETF units will be credited to the clients’ CDP or clients’ sub-account with Phillip Securities Pte Ltd by 20 March 2024.
- Clients will receive the full allotment of the number of ETF units that they subscribe to.
- Clients can start trading the ETF units when the ETF is listed on SGX on 20 March 2024 at 9am.
Accredited Investor
Unleash Your Investment Potential:
Access Exclusive Opportunities as an
Accredited Investor
Be an Accredited Investor TodayQualify as
Accredited
Investor
High-Growth Opportunities Reserved for Discerning Investors
Be an Accredited Investor TodayWhy become an Accredited Investor
Elevate Your Portfolio
Take the First Step to Unrestricted Investment Opportunities
Invest Like the Elite
Leverage Exclusive Access to Groundbreaking Ventures
Diversify Beyond Convention
Secure Your Financial Future with Innovation & Growth
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Access to restricted funds with a wide range of investment strategies that aim to preserve, diversify and accumulate wealth
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Access to 200,000 bonds globally for a diversified bond portfolio
Financing
Tailored financing to fulfil the financial needs of individuals and corporates
Get in Touch with usHow do I qualify as an Accredited Investor
Minimum Income
S$300,000
In the last 12 months
Minimum Income
S$300,000
In the last 12 months
NET Personal Assets
S$2,000,000
of which net equity of the individual's primary residence is no more than S$1,000,000
NET Financial Assets
exceed
S$1,000,000
NET Personal Assets
S$2,000,000
of which net equity of the individual's primary residence is no more than S$1,000,000
NET Financial Assets
exceed
S$1,000,000
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FAQs
Do I need to qualify as an accredited investor to purchase wholesale bonds, restricted unit trust, universal life policies, and participate in legacy planning?Yes, you need to be qualified as an accredited investor, in order to meet the requirements, set out by the Monetary Authority of Singapore (MAS).
What are the wholesale bonds that I can access?You can view our offerings here. Alternatively, email us at bonds@phillip.com.sg or call us at +65 6212 1818 to speak to our bond specialists.
What restricted unit trust funds do you offer?We offer funds from Invesco, Jupiter, Matthews Asia and more. You can view our offerings here.
What universal life policies and legacy planning do you offer?We offer Swiss Life, HSBC Life and more. You can view our offerings here.
How do I opt-in to be an accredited investor?Please complete the Accredited Investors Declaration here. Alternatively, you may email us a softcopy form together with the supporting documents:
Accredited Investor Application:
Supporting documents for
Net Financial Assets:
Latest bank account statement
Latest statement of investment holdings from CDP or brokerage firm(s) or insurers, including holdings with Phillip Securities
Net Personal Assets:
- A copy of the title deed of primary residence. (Singapore or overseas)
- Latest bank account statement or CPF statement
Except for the title deed, each statement must show the bank/CDP/broker logo, account holder name(s) and to be dated no earlier than 3 months before the date of submitting the form.
Supporting documents for Income (Supporting documents required (each to be dated no earlier than 3 months before the date of submitting the form):
- A copy of your pay slip;
- A copy of your employment contract stating your position and income; or
- A copy of your latest Income Tax Assessment
(Please note that the value indicated in any joint statements would be divided by TWO)
Are financial assets held with other financial institutions (FIs) in Singapore taken into consideration when computing total asset value?Yes, financial assets held by other FIs will be taken into consideration in determining one’s eligibility as an AI.
What do “Related liabilities" in the financial assets of the definition of AI refer to?As stated in paragraph 6.49 of MAS’ Response to Feedback Received on Proposals to Enhance Regulatory Safeguards for Investors in the Capital Markets dated 22 September 2015 (“MAS’ Response to Feedback Received”), “related liabilities” include a margin account and credit lines taken to finance an investment portfolio. FIs should collect adequate information on an investor’s liabilities to ascertain which are related to their financial assets.
What does "Primary residence" referred to?“Primary residence” refers to the home where the investor lives most of the time. This can be located in Singapore or overseas.
I have a joint account. I am qualified to declare as an AI but the other account holder is not qualified. How can my joint account be eligible to trade AI products?Both account holders need to submit the AI form to opt-in as AI. For a non-AI account holder to be eligible to opt-in for AI status in respect of a joint account, (i) at least one joint account holder must be an AI, and (ii) all joint account holders must opt-in to be treated as AIs in respect of that joint account. If the AI joint account holder ceases to be eligible as an AI, or any joint account holder ceases to opt-in to be treated as an AI, the non-AI account holder will also cease to be eligible to opt-in for AI status in respect of that joint account.
Please note that the opt-in is effective only for the relevant joint account which meets the above criteria and not other accounts.
Click here to download Accredited Investor Opt-In Form (Individuals)
Click here to download Accredited Investor Opt-In Form (Joint Account)
Kindly print and mail both the completed forms to:
- Attention: APU
- 250 North Bridge Road
- #06-00, Raffles City Tower
- Singapore 179101
The requirement for the entire share capital of the corporation to be owned by AIs may be applied at either the immediate shareholder level or at the ultimate owner level. For example, a corporation would be eligible as an AI if all its immediate shareholders are AIs. If one of the immediate shareholders, which is a corporation, does not meet the $10 million net assets threshold for corporate AIs, but the ultimate shareholder of this immediate shareholder is an AI, the client can still qualify as an AI.
In the case of shareholders which are corporations themselves, they would be considered as AIs either because the corporation has S$10 million net assets or is owned by the AIs themselves.
Can an existing AI withdraw consent and choose not to be treated as AI?Yes. Existing AIs are given the choice to opt-out by submitting the AI opt-out form to confirm that they no longer wish to be treated as Accredited Investors as defined in section 4A of the SFA.
For an individual customer who has interest to be certified an Accredited Investor to invest in eligible products.
Attention: APU
250 North Bridge Road
#06-00, Raffles City Tower
Singapore 179101
Alternatively, login to POEMS 2.0 Web to opt in as an Accredited Investor.
I am an Accredited Investor with the bank/another broker, do I need to opt-in as an AI with PSPL?Yes, you will need to opt-in as an AI with PSPL to invest in eligible products with us. Your Accredited Investor status with PSPL will be valid for 2 years.
Lion-Nomura Japan Active ETF
Lion-Nomura Japan Active ETF
Invest HereWhy invest in Lion-Nomura Japan Active ETF?
Gain Easy Access to Japan’s AwakeningThe Japanese economy has awakened from its slumber, with the Tokyo Stock Price Index (TOPIX) reaching a 33-year high in Nov 2023. Japan’s long-term growth story is now favourably shaped by structural catalysts like corporate governance reforms and inflation. As these catalysts take time to be priced in, the Japanese market is still at an attractive entry point now.
Utilise the Power of AI and Active Management to Select Quality Japanese StocksThe proprietary AI models evaluate hundreds of factors to assign scores to each stock in the investable universe. The investment team (consisting of both Lion Global Investors and Nomura Asset Management) then selects and assigns weights to the stocks based on their AI model scores. The result is a final portfolio of 50 to 100 quality Japanese stocks.
Tap into the Deep Expertise of Lion Global Investors and Nomura Asset ManagementCombining the strengths of both entities, we bring you the Lion-Nomura Japan Active ETF, which is both Singapore’s first actively managed ETF and Singapore’s first AI-powered ETF.
What is the investment objective?
The investment objective of the Fund is to achieve long-term capital growth through investment in an actively managed portfolio of Japanese equity securities, diversified across sectors and market capitalisation.
What is the difference between active and passive ETFs?
An actively managed exchange-traded fund (commonly known as an active ETF) is managed an investment team responsible for researching and making active decisions about the fund’s portfolio allocation.
Active vs Passive ETFPassive ETFs are designed to track a benchmark index and are constrained by the index rules and methodology. They do not track a benchmark index and are less constrained, which can potentially make them more flexible to outperform the broader market.
Active ETF vs Traditional Active FundsActive ETFs typically have lower management fees relative to comparable traditional active funds, making them more cost efficient for investors.
Webinar on Lion-Nomura Japan Active ETF
Subscribe to Lion-Nomura Japan Active ETF during the Initial Offering Period (IOP) via POEMS 2.0
- Login to your POEMS 2.0 account > Acct Mgt > Online Forms > IPO Subscription – Irrevocable Form
- Select the IPO that you wish to subscribe to
- Read and agree to the prospectus, terms and conditions before subscribing to the financial product
- Application closes on 24 Jan 2024, Wednesday at 5pm
- Ensure sufficient cash is present in your POEMS account to complete the application process (inclusive of subscription amount, commission, transfer fee and GST) by the settlement date on 24 Jan 2024, Wednesday at 5pm
Terms and Conditions
- The subscription period for this ETF is from 05 Jan 2024, Friday at 9am to 24 Jan 2024, Wednesday at 5pm
- The online subscription will close on 24 Jan 2024 at 5pm. No new applications, amendments, or withdrawals are allowed after this deadline.
- Six types of accounts namely, Cash Plus, Cash Management (KC), Prepaid (CC), Custodian (C), Margin (M) and Share Financing (V) accounts are eligible to subscribe for this ETF.
- An additional transfer fee charge of SGD 10 (subject to GST) per application for Cash Management Accounts will be applicable.
- 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 SGD1 and the minimum order quantity is 1,000 units, with an incremental order size of 1,000 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 client’s trading account by 24 Jan 2024 at 5pm
- Applications will be rejected if the account does not have or reflect sufficient funds after 24 Jan 2024 at 5pm.
- ETF units will be credited to the clients’ CDP or clients’ sub-account with Phillip Securities Pte Ltd by 1 Feb 2024.
- Clients will receive the full allotment of the number of ETF units that they subscribe to.
- Clients can start trading the ETF units when the ETF is listed on SGX on 31 Jan 2024 at 9am.
Sustainable Reserve Fund
Return (30 days) Annualised
4.60%*
Rates updated as of 1 July 2024
*The Return since inception of the Fund is calculated on a single pricing basis and on the assumption that all distributions are reinvested over the last 30 days. Past performance is not necessarily indicative of future performance. View Full Disclaimer.
Investments are subject to investment risks and is not the same as placing your money on deposit with a bank or deposit-taking company. This advertisement has not been reviewed by the Monetary Authority of Singapore. Important Information From Fund Manager
Learn more about The Fund HERE.
Invest Now0% Platform Fee, 0% Sales Charge, 0% Switching Fee
Why should you invest in the Sustainable Reserve Fund?
Net Weighted-average yield to maturity ~5%
Low volatility investment option with
short duration bond fund
Fund Manager with track record of managing one of Singapore’s largest money market fund
Allow smaller investors access to short duration bonds, with diversification
Comprehensive screening for risks
How It Compares to Other Funds?
| Sustainable Reserve Fund |
Fund A | Fund B | |
| Weighted Average Rating | A | BBB+ | BBB |
| Average Duration | 1.1 year | 1.2 year | 1.4 year |
| Gross Weighted Average Yield to Maturity | ~5.0% | 4.6% | 5.8% |
| % of Portfolio Comprising ESG-related Risk Isssuers* |
<30% | 24% | 36% |
| % of Portfolio Where Issuers Have no Relevant ESG Rating Data* |
<30% | 13% | ~19% |
*Based on PCM’s internal ESG risk categorization methodlogy.
4.60% Return p.a.? YES!
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Structured Certificates
What are Structured Certificates?
Structured Certificates are third-party issued financial instruments designed to meet the specific needs of investors such as yield enhancements and growth payoffs. Commonly traded in Europe, the returns of these products are defined by their payoff profiles that are dependent on the performance of an underlying asset such as a single stock or equity index.
Structured Certificates are:
- Structured products based on an underlying asset (such as a single stock or equity index) and contain derivative components.
- Issued by third party financial institutions, usually investment banks.
- Listed and traded on SGX-ST.
- Some examples of Structured Certificates include Yield Enhancement and Participation certificates which offer investors choices depending on their market expectations, investment goals and risk profile.
Characteristics of Structured Certificates
Local and foreign exposure
Offer exposure linked to local and foreign stocks or benchmark indices
Ease of Access
Listed and traded on SGX with a continuous quotation by a Designated Market Maker (DMM), providing greater price transparency and liquidity
Capital at Risk
Structured Certificates are not capital protected and investors bear the risk of the issuer defaulting
3rd Party
Issued by third party financial institutions (e.g. investment banks)
Short-term Expiry
Short-term investment products with a finite lifespan usually between 3 months to 1 year
Cash or Physical Settlement
Some certificates may offer choice of physical settlement under certain conditions
Structured Certificates on SGX
SGX is the first exchange in Asia to offer trading in Structured Certificates, providing investors with enhanced access to a new range of products that cater to different investor profiles and needs.
Societe Generale
Structured Certificates Listed on SGX
Autocallable Certificates
| Code | SGX Counter Name | Expiry Date | Daily Theoretical | Underlying | Max. Distribution | Distribution | Autocall | Knock-In | Underlying | Initial Price | Strike Price |
YAL | 04/11/2024 | 1.009 | 16.140 | 10% | 6.7600 | 14.1960 | 10.9512 | Xiaomi Corporation | 13.52 | 13.2496 | ||
NIC | 04/11/2024 | 1.007 | 60.300 | 8.8% | 29.0250 | 61.5330 | 53.4060 | HSBC | 58.05 | 57.7598 | ||
QAC | 17/12/2024 | 0.971 | 201.80 | 12% | 103.7000 | 217.7700 | 176.2900 | BYD Company | 207.4 | 207.4 | ||
TDQ | 03/10/2024 | 0.935 | 102.70 | 10% | 56.7000 | 119.0700 | 86.1840 | JD.com | 113.4 | 102.06 | ||
EEJ | 03/10/2024 | 0.911 | 71.650 | 10% | 42.2500 | 88.7250 | 68.4450 | Alibaba | 84.5 | 81.965 | ||
WGX | 03/09/2024 | 0.882 | 71.650 | 10% | 43.7500 | 91.8750 | 70.0000 | Alibaba | 87.5 | 84 |
Discount Certificates
| Code | SGX Counter Name | Expiry Date | Daily Theoretical | Underlying | Max. Distribution | Distribution | Autocall | Knock-In | Underlying | Initial Price | Strike Price |
VID | 17/05/2024 | 0.929 | 71.650 | 15% | 41.0750 | - | - | Alibaba | 82.15 | 78.0425 |
UT Page for Campaign
What is Unit Trusts?
A unit trust is an investment vehicle that comprises a pool of funds from many investors and managed by a fund manager. The fund manager will invest the pooled money into assets such as stocks, bonds, money market instruments, a combination of these investments, or even other funds. By purchasing unit trusts, it will give you exposure to all the investments in that fund. The collective holdings of the assets held in trust will form the total portfolio of a unit trust fund.
Funds Offered
Recommended Funds (Dec 2023)
Dividend Funds | Tactical Funds | RSP Funds | CPF Funds – Tactical | CPF Funds – Core |
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Why Invest in Unit Trusts?
Professional Management
Unit Trusts are managed by professional fund managers with expertise and experience in investments. Your investments will be monitored regularly by the fund managers who will make investment decisions based on research and analytical tools that you may not have access to.
Diversification
Unit Trusts typically invest into a number of stocks and/or bonds in its portfolio that are from different companies and often from different industries or regions. This means that the poor performance of any one security or business sector is not likely to have a major adverse impact on your investment as a whole.
Windows of investment opportunities
Investing in Unit Trusts not only allows one to gain access to overseas markets at ease, it also allows individuals to invest in products that might not be affordable. For instance, some bonds require a minimum investment of $100,000. Thus, Unit Trusts are good alternatives for investors to participate in these bond exposures at a relatively lower entry amount.
Lower Costs
When building a diversified portfolio, the costs associated with buying units in a mutual fund may be lower than buying different individual stocks and bonds. This is due to economies of scale where the costs of accessing extensive research as well as, administrative, operating and trading expenses are spread amongst a large number of Unit Trust investors.
Liquidity
Unit Trusts are mostly open-ended investments that investor can buy and sell on a daily basis (unless otherwise stated). Fund management companies are mandated (under normal circumstances) to meet all “sell” requests from the unit holders
How to Invest in Unit Trusts?
Regular Saving Plan (RSP)
Whether you are planning for retirement, saving for your children, or achieving any financial goals, you need a sound investment plan and the right product to see you through. Regular Savings Plan is an investment plan that can help you meet your financial goals. It takes advantage of the dollar cost averaging concept that does not require you to worry about market timing and volatility.
Lump-sum investment
Other than investing regularly via RSP, you can invest in lump sums starting from S$500 (minimum investment amount varies between the funds). With lump sum investing, you can invest the money all at once into the market as soon as possible.
Transfer In
There are many good reasons why you should transfer in your assets from elsewhere to POEMS. You can consolidate your holdings in a single view and save more on your investments. Transferring in your assets is completely FREE-of-charge. What’s more, be ready to get rewarded when you invest and accumulate your assets with your POEMS account.
Why wait? Transfer in your Unit Trust holdings and enjoy the following benefits:
– Be rewarded up to S$1,000
– 0% Platform Fees, 0% Sales Charge, 0% Switching Fee when you trade via POEMS
– Widest select of almost 2,000 funds
– 24/7 access to your investments via POEMS
Brokerage
Brokerage Account
Unfold your Trading Journey with POEMS Brokerage Account
What is a Brokerage Account?
A brokerage Account holds financial assets such as securities on behalf of an investor with a bank, broker or custodian. Investors and traders typically have a brokerage Account with the broker or bank they use to buy and sell securities.
What is a Brokerage Account?
A brokerage Account holds financial assets such as securities on behalf of an investor with a bank, broker or custodian. Investors and traders typically have a brokerage Account with the broker or bank they use to buy and sell securities.
Why POEMS?
Competitive Rates
US$1.88
Flat Fee*
0.06%
No Minimum*
0.05%
Min. HKD 15*
0.08%
Min. CNH 50
0.08%
Min. MYR 8.80
0.12%
Min. THB 300
0.12%
Min. IDR 150,000
0.12%
Min. JPY 1000
0.12%
Min. AUD 15
0.12%
Min. GBP 10
0.12%
Min. EUR 8
0.12%
Min. TRY 50
Settle trades with 10 different currencies
No platform and
custody fee
Complimentary live prices for global markets
Grow your idle cash at #SGD p.a.,
USD p.a.
Invest in Unit Trusts at
0% Sales Charge,
0% Switching Fee,
0% Platform Fee
Rates updated as of 12 Apr 2021
#Based on the average rate of annualised returns over the last rolling week.
Past performance is not necessarily indicative of future performance. View disclaimer
Open a POEMS Account Now!
Begin your trading journey with POEMS and enjoy a smarter way to manage your investments with a trusted platform.
Open Account
Open a POEMS Account Now!
Begin your trading journey with POEMS and enjoy a smarter way to manage your investments with a trusted platform.
Open AccountFrequently Asked Questions
1. What is the difference between a Cash Plus Account and a Margin Account?Cash Plus is a trading account that allows you to trade in global markets at low brokerage rates. It also has a stand-by margin facility
of S$50,000 if you choose to increase your purchasing power by leveraging on your cash and/or investment products in your Account.
Margin Account is a trading account that gives you the flexibility to manage your investments, trade in over 23 exchanges, leverage power when you need it, and offers competitive margin financing rates for stocks and bonds.
2. Can I use my brokerage Account for Options trading?Yes. You can use your POEMS brokerage Account to trade Options. You are just required to activate the Stocks Options Account on POEMS 2.0 Web or POEMS Mobile 3 App.
For POEMS 2.0 Web:
- Head to Acct Mgmt > Options > Online Forms > Options Activation (RDS)
- Upon clicking Options Activation (RDS) you will be prompt to acknowledge the risk disclosure for Options
For POEMS Mobile 3 App:
- Head to Me Tab > Options Activation
- Submit W8Ben and Risk Warning Statement (RWS)
- Acknowledge Option’s Risk Declaration Statement under ‘Option Activation’
Why Us
You need a platform that
suits your lifestyle!
Tailoring to your specific trading and investment needs, start trading with POEMS now!
You need a platform that suits your lifestyle
Why choose us?
Competitive Rates
US$1.88
Flat Fee*
0.06%
No Minimum*
0.05%
Min. HKD 15*
0.08%
Min. CNH 50
0.08%
Min. MYR 8.80
0.12%
Min. THB 300
0.12%
Min. IDR 150,000
0.12%
Min. JPY 1000
0.12%
Min. AUD 15
0.12%
Min. GBP 10
0.12%
Min. EUR 8
0.12%
Min. TRY 50
Settle trades with 10 different currencies
No platform and
custody fee
Complimentary live prices for global markets
Grow your idle cash at #SGD p.a.,
USD p.a.
Invest in Unit Trusts at
0% Sales Charge,
0% Switching Fee,
0% Platform Fee
Rates updated as of 12 Apr 2021
#Based on the average rate of annualised returns over the last rolling week.
Past performance is not necessarily indicative of future performance. View disclaimer
Features that we offer
Multi-Asset, Multi-Market
Unparalleled access to over 40,000 products across more than 26 global markets
Rich in Trading Tools & Features
Choose from over 30 trading tools
Global Watchlists
Enjoy monitoring of your preferred stocks from global exchanges
Synchronised Across All Platforms
View your entire portfolio and access advanced features across all platforms anytime
Advanced Order Types
Manage trading risks more efficiently with a variety of order types, including Stop-Limit Orders
Timely Market Research
Leverage our timely market insights to make your trading decisions
Features that we offer
Multi-Asset, Multi-Market
Unparalleled access to over 40,000 products across more than 26 global markets
Rich in Trading Tools & Features
Choose from over 30 trading tools
Global Watchlists
Enjoy monitoring of your preferred stocks from global exchanges
Synchronised Across All Platforms
View your entire portfolio and access advanced features across all platforms anytime
Advanced Order Types
Manage trading risks more efficiently with a variety of order types, including Stop-Limit Orders
Timely Market Research
Leverage our timely market insights to make your trading decisions
Experience POEMS Mobile 3 App
Discover a seamless way to manage your investments and trade with ease. We've made it even better with our all-in-one app, where all the trading needs coverage. From market insights to real-time trading, it's all at your fingertips. Take your trading experience to the next level by experiencing our app.
https://www.poems.com.sg/downloads/Poems-Mobile-3-Landing-Page-Video-Latest.mp4 Download POEMS Mobile 3 App
Open POEMS Account
Begin your trading journey with POEMS and enjoy a smarter way to manage your investments with the most trusted platform.
Open AccountOpen POEMS Account
Begin your trading journey with POEMS and enjoy a smarter way to manage your investments with the most trusted platform!
Open AccountWhat's more in store for you?
Get the Right Investment
- Stock Trading- Money Market Fund (SMART Park)
- ETFs
- Unit Trust
- Bonds
More...
Get Advice from Industry Experts
- Contact our Advisors- Register for our Seminars & Webinars
- Listen to our podcast
- Keep a lookout on our Stock Picks
- Join our Community
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Get Bite-Sized Information
- Daily Morning Note- Read our Market Journals
- Stock Research
- Market Call Weekly
- Watch our Video Tutorials
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Your Partner in Finance
Full Service Broker & Wealth Advisory
Trust Broker for over 50 years
5,000+
Employees
1M+
Clients worldwide
USD 2.5B+
Shareholder Funds
USD 65B+
Assets Under Management (AUM)
more about usRegulated & Secure
Fully licensed and regulated in 15 countries
Hear from our Customers
newampedsucks Read More I quite like it that I could easily check my portfolio holdings and their performance to the exact % via the app while on the go, which works better than having to login via the desktop browser. The search function is quite fast, and I realised the stocks on my watchlists in the app and the desktop website are automatically synced! If you are familiar with TradingView, you will be happy to note that the TradingView charts are integrated into the app as well. The only suggestion I have is to perhaps create a tab or shortcut on the default interface so that I can view the portfolio quickly, as the current users now have to click on Me tab and then the Portfolio tab in order to view the holdings. Michael Ng Read More After using Poems 2.0 for some time, I now find Poems 3.0 a very much user-friendly app. It's easy to navigate the UI. The stock etc charts graphics are a delight to view! I like the "portfolio" section whereby you can look up personal info or functions to transact. This app could be improved further to include the retrieval and submission of online forms for trading in US stocks. A highly recommended and reliable app for your investment needs! Seah D Read More Poems was my first broker and have remained my number 1 choice throughout my investment journey of more than 10 years. This is saying something considering the plethora of alternatives in the market these days. I started with the browser application and have definitely gone a long way culminating in this latest poems app. It is clear that poems have incorporated customer feedback and competitive features to make this latest offering the best in industry! Huiru Read More New improved POEMS 3 user interface looks fresher compared to previous version such as color scheme and font types, it allows me to better organizing the stocks as it offers many different categories. Not only that I can even invest with my CPF and SRS funds :) Smartlearner1818 Read More I was immediately captivated by the new POEMS mobile 3 interface. The new features look awesome! Comparatively, with other brokerage app I use, this new interface is far superior to version 2. Navigate through the app is a lot easier now. In version 2, it is kind of difficult to identity the different indicators. But with this new look, it look sleeker and more vibrant with the colours. Moreover, it is so amazing now that Trading view can be connected directly to POEMS. In the past, I have to open 2 apps. It is easier to look at the counters at a glance. Great user interface experience! Thank you POEMS! Shella Lau Read More Very easy to manoeuvre around the app. Simple and easy to use. Real time update of the funds performance. At one glance able to see the funds which is very convenient. There is a community tab for all the like-minded to share and get to know each other. Highly recommend app to all! Previous Next
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