Capture a higher return on Idle Money with Phillip SGD Money Market ETF
Get returns on cash without having to compromise on liquidity.
The Phillip SGD Money Market ETF provides investors with:
- Access to high quality debt and money market instruments and deposits with eligible financial institutions
- High Degree of Liquidity with no lock in period
- Low Management Fee of 0.10% (capped at 0.30%)
- Zero commission on Buy and Sell Trades on POEMS Platform (Exchange Fees and relevant GST are still applicable)
Key Information
| Listing Date | 5 October 2020 |
| Instrument Type: | Exchange Traded Fund (“ETF”) |
| Benchmark Index: | FTSE SGD 3-month SOR Index |
| Exchange Listing: | SGX-ST |
| EIP / SIP Classification | Excluded Investment Products (EIP). Investors can trade EIP without any prerequisite. |
| Trading Currency: | Singapore Dollars (S$) US Dollars (US$) |
| Minimum Quantity: | Minimum 5 Units at $100/Unit |
| Brokerage Fee | 0% (Only for online trades on POEMS platform. Standard brokerage charges will still apply for other brokerage firms) Exchange Fees and GST are still applicable. |
| Dividend Distribution Frequency: | Nil |
| Management Fee | Currently 0.10% p.a Max 0.30% p.a |
| Manager: | Phillip Capital Management (S) Ltd |
Alternatively, you can chat with us using our Live Chat function, call us at 6531 1555, or email us at etf@phillip.com.sg to find out more.
For more information about ETFs, please visit https://www.poems.com.sg/products/etf/
| Proposed Portfolio | Allocation (as a % of the Sub-Fund’s Net Asset Value) | Estimated Yield | Weighted Average Yield | FTSE SGD 3-month SOR Index (being the benchmark) |
| Fixed deposits and cash (consisting of various maturities with a target weighted average days of maturity at 90-days) | 80% | 0.395% | 0.316% | 0.190% |
| Money market instruments (consisting of various maturities with a target weighted average days of maturity at 90-days) | 20% | 1.000% | 0.200% | |
| Total | 0.516% | |||
| Estimated expense ratio (before management fee) | (0.140%) | |||
| Management fee | (0.100%) | |||
| Net Yield | 0.276% | |||
Note: The above example is for illustrative purposes only and should not be taken as any forecast of future performance.
Investments are subject to investment risks including the possible loss of the principal amount invested. You should read the ETFs’ prospectus and the accompanying product highlights sheets for key features and key risks and seek advice from a financial adviser (“FA”) or you should assess and consider whether the ETFs are suitable for you before proceeding to invest in the ETFs. Listing on SGX does not guarantee a liquid market for the units of the ETFs, which may be traded at prices above or below its net assets value or may be suspended or delisted. Unlike unlisted unit trusts, investors cannot create/subscribe or redeem ETF units directly with the fund manager of the ETFs. Please refer to the Prospectus of the ETFs for more details.
Disclaimer
This advertisement is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the product mentioned. It does not have any regard to your specific investment objectives, financial situation or particular needs. Investments are subject to investment risks including the possible loss of the principal amount invested. 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 advertisement are not necessarily indicative of future or likely performance of any fund. You should read the prospectus of the respective ETFs (which is available on websites of the issuers) and understand their structure and associated risks before deciding to invest. You may wish to obtain advice from a financial adviser before making a commitment to purchase 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. This advertisement has not been reviewed by the Monetary Authority of Singapore.
