From 18 September to 30 November 2023

Celebrating Six Years of Daily Leverage Certificates (DLCs) listed on SGX!

Reward 1: 

$60 Cash Credit to New Customers to DLCs

  • Who trade any two SocGen DLC online during the promotion period

  • Good news! Promotion is also open to Customers who have traded SocGen DLC before 18 June 2023

Reward 2: 

$600 Cash Credit to Top 10 Traded Volume Customers


Traded volume is computed by multiplying quantity of SocGen DLC traded with its respective traded price


Don’t have an Account yet?

Alternatively, visit any of our Phillip Investor Centres or contact your trading representives.

Why Trade DLCs?

Leverage up to 7 times the daily performance of an underlying index
Flexibility to trade both rising and falling markets
Low capital outlay and loss is limited to invested amount
No margins. No implied volatility impact. No time decay impact.
Transparent pricing due to tradability of the products on exchange

For more about Daily Leverage Certificates (DLCs), you might refer to here.


Frequent Asked Questions

Daily Leveraged Certificates (DLCs) are a form of structured financial instrument issued by banks and traded on the securities market. DLCs offer investors fixed leverage of up to 7 times the daily performance of the underlying index, regardless of market performance.  The basic principle is simple – if the underlying index moves by 1% from its closing price of the previous trading day, the value of the 7x DLC will move by 7%.

For more information on DLCs, please click here.

More information can also be found on Societe Generale’s DLC website here.

You can identify the Issuer by the name of the DLC. Let’s use the counter Tencent for example. The Tencent DLC name is DIHW – Tencent 5xLongSG231214


   Counter Code




   Leverage Factor




   Issuer (SG = Societe Generale)


   Expiry Date (YYMMDD)

Do note that only Societe Generale DLCs will be counted for this promotion.

Should you qualify for the Reward, you should expect to see it directly credited to your POEMS Account by 30 Jan 2024.

No. Each client is only eligible to claim the reward once despite having multiple accounts. Please see the following example.

Client A has accounts 1234567 & 2345678 with POEMS and both accounts have not traded SocGen DLCs with PSPL between 18 June 2023 and 17 Sep 2023. Client A executed five contracts of SocGen DLCs on account 1234567 on 18 Sep 2023 and executed five contracts of SocGen DLCs on account 2345678 on 20 Sep 2023. Assuming that both accounts are within the first 205 new customers, Client A will qualify for the reward based on the account that first traded the five DLCs. In this case, Client A will receive S$60 into his POEMS Account 1234567.

Yes, if your account qualifies for both.  Please see the following example.

Client A has accounts 1234567 with POEMS and has not traded SocGen DLC with PSPL from 18 June 2023 to 17 Sep 2023. Client A executed five contracts of SocGen DLCs on account 1234567 on 18 Sep 2023 and the five trades are within the 10 highest total contract value traded, Client A will receive both S$60 and S$600 (S$660 in total) into his POEMS Account 1234567.


Terms & Conditions

  1. This promotion will award Eligible Accounts with
    1. S$60 Cash Credit (“Reward”) to the first 200 Customers that execute at least TWO online transactions on Daily Leverage Certificates issued by Societe Generale (“SocGen DLC”) from 18 Sep to 30 Nov 2023 (the “Promotion Period”), both dates inclusive.
    2. S$600 Cash Credit (“Reward”) to the 10 unique Customers with the highest total transaction value traded (quantity multiplied by traded price) on SocGen DLC from 18 Sep to 30 Nov 2023 (the “Promotion Period”), both dates inclusive.
  2. Criteria for S$60 Cash Credit:
    1. Customers must not have not traded SocGen DLC with Phillip Securities Pte Ltd (PSPL)  between 18 June 2023 and 17 Sep 2023. 
  3. Criteria for S$60 and $600 Cash Credit:
    1. Customers are Account holders of Cash Plus, Margin (M), Custodian (C), Prepaid (CC), Cash Management (KC) and Share Financing (V) Accounts (“Eligible Account”).
    2. Customer(s) with multiple Accounts will not qualify for the same Reward more than once.
  4. The Reward will be credited to Eligible Accounts by 30 Jan 2024.
  5. The following Customers are not eligible for this promotion, unless approved by the management of “PSPL”:
    1. PSPL institutional customers and corporate customers
    2. PSPL account holders whose accounts have been suspended, cancelled or terminated
    3. PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff, Trading Representatives and Financial Adviser Representatives including their spouse and direct family members.
  6. In the event of a dispute over the customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  7. 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.
  8. By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.

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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 <> 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