Phillip Global Quality Fund: Harness The Power of Quality Stocks
Phillip Global Quality Fund seeks to generate medium to long term total return by feeding into the GMO Funds Plc – GMO Quality Investment Fund* (the “GMO Underlying Fund”) which incorporated in Ireland. The GMO Underlying Fund invests primarily in high quality equities or equity-related securities. The fund managers believe that a high quality company is generally one that:
- has an established business to deliver a high level of return on past investments;
- will invest in investments that have source of growth, resilient cash flow generation and productive reinvestment to achieve high level of return on capital; or
- returns cash to shareholders through dividends, share buybacks, or other mechanisms.
The investments of the GMO Underlying Fund will be limited to investments permitted by UCITS Regulations and may have a certain level of volatility.
* GMO Funds Plc – GMO Quality Investment Fund is not a recognised or an authorised collective investment scheme under the Securities and Futures Act administered by the Monetary Authority of Singapore. The performance of the Phillip Global Quality Fund may differ from the performance of the GMO Quality Investment Fund.
Subscribe to this Unit Trust from 28 January 2021!
| Initial Offering Period | 28 January to 19 February 2021 |
| Launch Date (first NAV) : | 24 February 2021 |
| Subscription price: | S$1.0000 per unit |
| Minimum Initial Quantity: | Minimum 1000 Units at $1.000/Unit |
Call your trading representative or visit your nearest Phillip Investor Centres to find out how you can subscribe today.
Alternatively, you can chat with us using our Live Chat function, call us at 6531 1555, or email us at unittrust@phillip.com.sg to find out how you can participate in this initial offer.
For more information about Unit Trusts, please visit https://www.poems.com.sg/products/unit-trusts/
Key Information
| Fund Information | |
| Fund Name | Phillip Global Quality Fund |
| Instrument Type: | Unit Trust |
| Benchmark/Index | N.A. |
| Manager | Phillip Capital Management (S) Ltd |
| Distribution Policy | At sole discretion of Managers |
| EIP / SIP Classification | SIP (Specified Investment Product). Investors can transact in SIPs with Customer Knowledge Assessment (CKA). |
| Share class | Class SGD Dis
Class SGD Hedged Dis |
| ISIN | SGXZ54679790 / SGXZ88594064 (Hedged) |
| Bloomberg Tickers | GDFUNDD / GDFUNDH (Hedged) |
| Currency | SGD |
| Minimum Initial Investment | $1000 |
| Minimum Subsequent Investment | $100 |
| Minimum Holdings | 1,000 Units |
| Minimum Realisation Units | 100 Units |
| Country of Domicile | Singapore |
| Fees & Charges | |
| Initial Sale Charge | Currently up to 3%, Maximum of 5% |
| Redemption Charge | Currently nil; Maximum of 5% |
| Switching Fee | Currently nil; Maximum 1.00%, subject to a minimum of S$25 |
| Annual Management Fee | Currently up to 1.50% per annum; Maximum 2.00% per annum. |
| Annual Trustee Fee | Currently not more than 0.03% per annum; Maximum 0.20% per annum or such other amount as may be agreed by the Trustee and Managers. |
| Other fees (which may include Custodian, Registrar, fund administration fees, transfer agency fees and administrative costs) | Generally, less than 0.20% per annum or such other amount as may be agreed by the Trustee and Managers. |
| Other fees charged by the GMO Underlying Fund to the Sub-Fund** | Subscription Charge: Nil
Repurchase Fee: Nil Switching Charge: Up to 2% of the net asset value of the shares to be exchanged. Annual Management Fee: Waived for the Sub-Fund Annual Depositary Fee: Up to 0.0125% per annum for assets up to US$500 million Other substantial fees or charge: – Annual Administrator Fee: Up to 0.025% per annum on assets up to US$500 million. – The aggregate amount of remuneration of the directors of the GMO Funds plc shall not exceed EUR 75,000 or such other amount as may be determined by the directors of the GMO Funds plc. |
Investors should note that subscriptions for Units through any distributor appointed by the Managers may incur additional fees and charges. Investors are advised to check with the relevant distributor if such additional fees and charges are imposed by the distributor. The Managers may share their fees with any distributor appointed by the Managers.
Product Suitability
The Fund is suitable for investors who:
- are seeking capital growth over a 5 to 10-year period;
- want to invest in a fund that has exposure to equity securities or equity-related securities on Regulated Markets in respect of the GMO Underlying Fund anywhere in the world; and
- are prepared to accept moderate level of volatility.
Disclaimer
This publication 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://unittrust.poems.com.sg/all-about-funds/fund-finder/563003/ and https://unittrust.poems.com.sg/all-about-funds/fund-finder/563004/.
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
Important Information
Phillip Global Quality Fund will feed into master fund, GMO Funds Plc – GMO Quality Investment Fund, that is incorporated in Ireland and managed by Grantham, Mayo, Van Otterloo & Co., LLC that is domiciled in the United States of America and is regulated by the Securities and Exchange Commission in USA. GMO Funds Plc – GMO Quality Investment Fund (“GMO Underlying Fund”) is not a recognised or authorised collective investment scheme under the Securities and Futures Act that is administered by the Monetary Authority of Singapore. The investments of the GMO Underlying Fund will be limited to investments permitted by UCITS regulations and may have a certain level of volatility. The performance of the Phillip Global Quality Fund may differ from the performance of the GMO Quality Investment Fund.
This material and information herein 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 to invest in the fund(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. The information is subject to change at any time without notice. You should read the relevant prospectus and the accompanying product highlights sheet (“PHS”) for disclosure of key features, key risks, fees and other important information of the relevant fund (s) and obtain advice from a financial adviser (“FA”) before making a commitment to invest in the fund(s). In the event that you choose not to obtain advice from a FA, you should assess whether the fund(s) is/are suitable for you before proceeding to invest. A copy of the prospectus and PHS are available from PCM or any of its authorized distributors. The value of the units and the income accruing to the units may fall or rise. Investments are subject to investment risks including the possible loss of the principal amount invested. Past performance is not necessarily indicative of the future or likely performance of the fund(s). There can be no assurance that investment objectives will be achieved. Any use of financial derivative instruments will be for hedging and/or for efficient portfolio management. Investments in the fund(s) managed by PCM are not obligations of, deposits in, or guaranteed by PCM or any of its affiliates. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the investments mentioned herein or related thereto. This publication and 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 fund(s) is/are not offered to U.S. Persons. The regular dividend distributions, where applicable, are paid either out of income and/or capital, not guaranteed and are subject to PCM’s discretion. Such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value of the fund(s). Past payout yields (rates) and payments do not represent future payout yields (rates) and payments. Please refer to for more information in relation to the dividend distributions. The information provided herein is based on certain information, conditions and/or assumptions available as at the date of this publication that may be obtained, provided or compiled from public and/or third-party sources which PCM has no reason to believe are unreliable; and may contain optimistic statements/opinions/views regarding future events or future financial performance of countries, markets or companies. 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. You must make your own financial assessment of the relevance, accuracy and adequacy of the information in this material. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss or consequences arising whether directly or indirectly as a result of your acting based on the Information in this material. The information does not constitute, and should not be used as a substitute for, tax, legal or investment advice. The information should not be relied upon exclusively or as authoritative without further being subject to your own independent verification and exercise of judgement.
