Subscribe to Amova ETFs via the Share Builders Plan and receive Cash Back with *T&Cs.


*Please read the full Terms & Conditions for the promotion below:

Cash Back Details

The promotion is limited to the first 50 SBP accounts. Eligible customers who invest a minimum of S$300 per month in selected Amova ETFs via GIRO for two consecutive months will receive S$30 cashback*, credited to their Share Builders Plan (SBP) Ledger, subject to a maximum cashback cap of S$150.

FAQ

The SBP Cash Back Promotion allows eligible customers to receive S$30 Cash Back for every S$300 fresh funds invested per month in any eligible counter for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.

The maximum Cash Back per SBP account is S$150.

You will receive S$30 cashback after successfully completing the two consecutive months of subscription via GIRO and cap on S$150.

Yes

MonthInvestment counterMonthly Investment AmountInvestment PeriodCash Back
Jan 2026ABF SG BOND ETFS$9002 consecutive monthsS$90
Feb 2026ABF SG BOND ETFS$900

*This example should not be considered as financial advice.

Yes, you are eligible for the cashback because it is granted with every S$300 invested. Please refer to the example below

MonthInvestment counterMonthly Investment AmountInvestment PeriodCash Back
January 2026ABF SG BOND ETFS$200Two consecutive monthsS$30
Amova SGD IGBOND ETFS$100
February 2026ABF SG BOND ETFS$200
Amova SGD IGBOND ETFS$100

*This example should not be considered as financial advice.

There are two eligible counters:

  • ABF Singapore Bond Index Fund
  • Amova SGD IGBOND ETF

To receive the maximum cashback, you must subscribe to any eligible counter with an investment of S$1,500 per month for two consecutive months via GIRO.

You will not be eligible for the promotion. The investment must be continuous for two months via Giro. Any missed or delayed payments will result in disqualification.

A: No, your investment will not qualify for the promotion.

MonthInvestment counterInvestment Period S$Cash Back
Jan 2026Amova SGD IGBOND ETF300S$0
Feb 2026ABF SG BOND ETF300

Yes, customers can increase and decrease their investment amount but if you reduce your investment during the two-month GIRO subscription period, you will not qualify for the promotion. (Refer to illustration A below)
The cashback is calculated based on your first month’s investment amount. For example, if you invest S$300 in the first month, then S$600 in the second month, your cashback will still be S$30. (Refer to illustration B below)

illustration A

MonthInvestment counterInvestment Period S$Cash Back
Jan 2026ABF SG BOND ETF600S$0
Feb 2026ABF SG BOND ETF300

customers can decrease their investment amount but if you reduce your investment amount during the two-month GIRO subscription period, you will not qualify for the promotion.

illustration B

MonthInvestment counterInvestment Period S$Cash Back
Jan 2026ABF SG BOND ETF300S$30
Feb 2026ABF SG BOND ETF600

customers can increase their investment amount. The cashback is based on your first month’s investment. For example, if you invest S$300 in the first month, then S$600 in the second month, your cashback will still be S$30.

 

MonthInvestment counterInvestment Period S$
Jan 2026ABF SG BOND ETF300
Feb 2026ABF SG BOND ETF300

The Cashback will be credited to your SBP account ledger approximately 30 working days from the end of your consecutive 2-month subscription period with GIRO.

No. To qualify for this promotion, both the SBP online application and the GIRO application (apply by eGIRO) must be submitted within the promotion period and successfully processed/approved. The SBP online application and GIRO application must be completed within the promotion period to be eligible.

Yes

To be eligible for this promotion, clients must submit e-GIRO. Paper GIRO (physical form) submissions are not accepted during the promotion period.

No

No

No, change of investment instructions between any eligible Amova ETF to another eligible counter will not be considered as fresh funds, and will not qualify for the Cash Back.

How to Participate

To qualify for the cash back, simply complete these steps:

  1. Sign up for the Share Builders Plan (SBP)

    How do I sign up for the Share Builders Plan?

    If you have yet to open a POEMS Account, open one here.

    If you are an existing POEMS Account holder, simply follow these instructions:

    Online Application Submission

    1. POEMS Mobile 3 App:
    2. Log in to your POEMS Account

    3. Navigate to Trade > RSP > Share Builders Plan > Apply

    4. POEMS Website:
    5. Subscribe via this link

    Step 2: Set Up eGIRO for Recurring Investments

    Apply e-GIRO:

    1. POEMS Mobile 3 App:
      1. Log in to your POEMS Account
      2. Tap on the “Me” tab > eGIRO > Select SBP (Account no.) > Choose Bank > Apply
    2. POEMS Website:
      1. Log in to your POEMS Account
      2. Go to Acc Mgmt > Online Forms > Account Application > GIRO > Select SBP (Account no.) > Choose Bank > Apply

  2. Payment

    Eligibility
    Based on successful GIRO deduction (regardless of whether GIRO was set up via paper or eGIRO).

    Submission
    All new GIRO setups and GIRO updates must be done via eGIRO through POEMS during promotion period.

  3. Invest a minimum of S$300* per month in any of the eligible ETFs for two consecutive months with successful GIRO deduction to qualify for the S$30 cash back*

    Eligibility Criteria

    1. Existing SBP Customers:
      • Customers who are already subscribed to any of the Amova eligible counters will only qualify for the cash back when investing an additional S$300 or more in fresh funds* in these counters; for two consecutive months with successful GIRO deduction.
      • Customers who are not yet subscribed to any Amova eligible counters will qualify for the cash back after subscribing to at least S$300 per month in any of the eligible counters; for two consecutive months with successful GIRO deduction.

    *Change of investment instructions between the Amova selected counters will not be considered as fresh funds and thus, not be eligible for the promotion.

    Fresh Fund: Refer to the newly deposited investment amount into the SBP account during the promotion period.

    1. New SBP Customers:
      • Customers who are new to SBP will qualify for the cash back after subscribing and investing at least S$300 per month into any of the Amova eligible counters; for two consecutive months with successful GIRO deduction.

SBP Counters Eligible for the promotion:

S/NCounter NameCounter Name on Website
1ABF Singapore Bond Index FundABF SG BOND ETF
2Amova SGD IG CORP BOND ETFAmova SGD IGBOND ETF

 

* Counters not listed above will not be eligible for the promotion

  • Eligible Customers must invest a minimum of S$300 fresh funds per month for two consecutive months with successful GIRO deduction into any of the eligible counters listed in the table above.
  • The investment transaction must be made before the 18th day of each month (or the next business day if the 18th falls on a non-business day) during the promotion period.
  • There is a Cash Back cap of S$150 per account.
  •  The Cash Back will be processed approximately 30 working days after completion of the consecutive two-month subscription period with successful GIRO deduction.

Example 1:

MonthInvestment counterCounter Name on Website
1ABF Singapore Bond Index FundABF SG BOND ETF
2Amova SGD IG CORP BOND ETFAmova SGD IGBOND ETF

*This example should not be considered as financial advice.

Example 2:

MonthInvestment counterMonthly Investment AmountInvestment PeriodCash Back
January 2026Amova SGD IGBOND ETFS$300Two consecutive monthsS$30
February 2026Amova SGD IGBOND ETFS$300

*This example should not be considered as financial advice.

Example 3:

MonthInvestment counterMonthly Investment AmountInvestment PeriodCash Back
January 2026ABF SG BOND ETFS$200Two consecutive monthsS$30
Amova SGD IGBOND ETFS$100
February 2026ABF SG BOND ETFS$200
Amova SGD IGBOND ETFS$100

* This example should not be considered as financial advice.

Example 4:

MonthInvestment counterMonthly Investment AmountInvestment PeriodCash Back
January 2026ABF SG BOND ETFS$100Two consecutive monthsS$30
Amova SGD IGBOND ETFS$200
February 2026ABF SG BOND ETFS$100
Amova SGD IGBOND ETFS$200

* This example should not be considered as financial advice.

 

  • Please refer to examples 1,2,3,4 on the indicative cash back amount.

 

Period of PromotionT&CsInvestment PeriodCash BackEligible Counters
06 January 2026 –
31 March 2026		New to SBP
S$300 Subscription into any of the Amova eligible counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.		Existing SBP Customers
S$300 of fresh funds* into the Amova eligible counters for two consecutives
months with successful GIRO deduction, provided the investment amount is not reduced during this period.		Two
consecutive months subscription

Get S$30 cash back for 2 consecutive S$300 monthly subscription into any of the eligible counters during the promotion period.

Eligible customer is allowed a maximum cash back of S$150 for each SBP account during the promotion period.

  1. ABF SG Bond ETF
  2.  Amova SGD IGBOND ETF

*Change of investment instructions between the Amova selected counters will not be considered as fresh funds; and will not be eligible for the promotion.

Fresh Fund: Refer to the newly deposited investment amount into the SBP account during the promotion period.

Eligible Customer: Eligible for the promotion

You’re all set to participate in this Promotion!

Terms and Conditions

  1. The SBP x Amova – Cash Back Promotion (“Promotion”) is valid from 06 January 2026 (0000 hrs.) to 31 March 2026 (2359 hrs.) (“Promotion Period”), both dates inclusive.
  2.  How to sign up for the Share Builders Plan?Complete the following two steps: Submit an online application
      1. If you do not have a POEMS account, you can open one here.
      2. If you already have a POEMS account, follow these steps:
        1. POEMS Mobile 3 App:
          1. Log in to your POEMS Account
          2. Go to Trade > RSP > Share Builders Plan > Apply
        2. POEMS Website:
          1. Subscribe via this here

    Apply e-GIRO:

    1. POEMS Mobile 3 App:
      1. Log in to your POEMS Account
      2. Tap on “Me” tab > eGIRO > Select SBP (Account no.) > Choose the Bank>Apply
    2. POEMS Website:
      1. Log in to your POEMS Account
      2. Acc Mgmt > Online Forms > Account Application>GIRO>Select SBP (Account no.) > Choose the Bank>Apply
  3. PaymentEligibility
    Based on successful GIRO deduction (regardless of whether GIRO was set up via paper or eGIRO).GIRO Submission
    All new GIRO setups and GIRO updates must be done via eGIRO through POEMS during promotion period.
  4. Only SBP Online Applications and eGIRO submissions received within the Promotion Period will be eligible. Any applications received after the Promotion Period or submitted through channels not specified above will not be considered. Any correspondence on missing and/or delayed submissions shall not be entertained.
  5. Eligible Counters for the Promotion:a) ABF SG Bond ETF
    b) Amova SGD IGBOND ETF
  6. Investment Amount Amendment6.1 During the Promotion Period, customers may increase or decrease their investment amount.6.2 Notwithstanding Clause 6.1, if a customer reduces their investment amount at any time during the two (2)-month GIRO subscription period, the customer will be disqualified from the Promotion and will not be eligible to receive any cashback under the Promotion (see Illustration A).Illustration A
    MonthInvestment CounterInvestment Amount S$Cash Back
    Jan 2026ABF SG BOND ETF600S$0
    Feb 2026ABF SG BOND ETF300

    Customers can decrease their investment amount, however, if the investment amount is reduced any time during the two-month GIRO subscription period, the customer will no longer qualify for the promotion.

    6.3 The cashback amount (if eligible) will be calculated based on the customer’s investment amount in the first (1st) month of the GIRO subscription period only, regardless of any subsequent increase in the investment amount in the second (2nd) month (see Illustration B).

    Illustration B

    MonthInvestment CounterInvestment Amount S$Cash Back
    Jan 2026ABF SG BOND ETF600S$30
    Feb 2026ABF SG BOND ETF300

    Customers can increase their investment amount at any time; however, tthe cashback will be calculated based on the first month’s investment amount only. For example, if you invest S$300 in the first month, then S$600 in the second month, your cashback will still be S$30.

    6.4 For avoidance of doubt, where a customer invests S$300 in the first month and increases the investment amount to S$600 in the second month, the cashback will be calculated based on S$300 and the cashback entitlement will remain S$30.

  7. The ‘Promotion’ will consist of:
    • A cash back that will be processed approximately 30 working days after completing the consecutive two-month subscription period with successful GIRO deduction.
  8. To be eligible for the cash back during the promotion period (“Eligible Customers”):
      1. Existing SBP Customers:
        • Customers already subscribed into any of the eligible Amova counters, will qualify for the cash back when they invest at least S$300 in incremental fresh funds* in the eligible counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.
        • Customers not yet subscribed to eligible Amova counters, will qualify for the cash back after subscribing to at least S$300 per month in any of the eligible counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.

    *Change of investment instructions between the Amova selected counters will not be considered as fresh funds; and will not qualify for the promotion.

    Fresh Fund: Refer to the newly deposited investment amount into the SBP account during the promotion period.

    1. New SBP Customers:
      • Customers who are new to SBP, will qualify for the cash back after subscribing to at least S$300 per month in any of the eligible Amova counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.
  9. Promotion Details
    Promotion PeriodT&CsInvestment PeriodCash BackEligible Counter
    06 January 2026 – 31 March 2026

    New to SBP

    S$300 monthly subscription into any of the eligible Amova counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.

    		Existing SBP Customers
    S$300 monthly subscription using incremental fresh funds* into any of the eligible Amova counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.    		Two consecutive months subscription

    Get S$30 cash back for 2 consecutive S$300 monthly subscription into any of the eligible counters during the promotion period.

    Eligible customer is allowed maximum cash back of S$150 for each SBP account during the promotion period.

    		a) ABF SG Bond ETF
    b) Amova SGD IGBOND ETF

    *Change of investment instructions between the Amova selected counters will not be considered as fresh funds; and will not be eligible for the promotion.

    Fresh Fund: Refer to the newly deposited investment amount into the SBP account during the promotion period.

      1. To participate in the Cash Back promotion, customers must invest at least S$300 per month into any of the eligible counters for two consecutive months with successful GIRO deduction, as shown in the table above.
      2. Eligible customer is allowed a maximum Cash Back of S$150 for each SBP account during the promotion period.
      3. Existing SBP customers must invest at least S$300 using incremental fresh funds* in any of the eligible counters for two consecutive months with GIRO linkage.
      4. New Customers must submit the SBP Online Form and apply eGIRO during the promotion period.
      5. The investment transaction must be successfully made before the 18th of each month or the next business day if the 18th falls on a non-business day during the promotion period.
      6. The cash back will be credited into the eligible customers’ SBP ledger approximately 30 working days after completing the consecutive two-month subscription period.
      7. Failed GIRO deductions during the consecutive two month subscription period will result in disqualification from cash back eligibility.
      8. If an eGIRO for a new account is rejected, resubmission is allowed, but approval must be completed within the Promotion Period.
      9. Existing customers who are eligible for the promotion and wish to update their GIRO linkage must apply via eGIRO.
      10. Existing customers who update their GIRO linkage and experienced a failed GIRO deduction or pending approval or using paper GIRO during the promotion period will not be eligible for the promotion.
      11. Please note that paper GIRO submission not available for the promotion.
    1. For existing customers who are already subscribed to any eligible Amova counters, only fresh funds will be considered.
      • Example: If Customer A has already subscribed S$300 before the promotion period and invests incremental fresh funds of S$300 during the promotion period, the calculated invested amount will be S$300 for the fresh fund only.
    2. Each customer is eligible to use multiple POEMS accounts to apply for SBP and participate in the promotion.
      • Example: Customer A has more than one POEMS account that has an existing SBP; he/she is allowed to use all the POEMS accounts with SBP subscription to participate. However, the minimum monthly investment requirement (S$300) applies to each POEMS account with SBP subscription separately and cannot be combined across accounts. It is essential to ensure that each account fulfills the terms and conditions of the promotion to qualify. We will only consider accounts that meet the specified terms and conditions.
  10. Example 1:
    MonthInvestment counterCounter Name on Website
    1ABF Singapore Bond Index FundABF SG BOND ETF
    2Amova SGD IG CORP BOND ETFAmova SGD IGBOND ETF

    *This example should not be considered as financial advice.

    Example 2:

    MonthInvestment counterMonthly Investment AmountInvestment PeriodCash Back
    January 2026Amova SGD IGBOND ETFS$300Two consecutive monthsS$30
    February  2026Amova SGD IGBOND ETFS$300

    *This example should not be considered as financial advice.

    Example 3:

    MonthInvestment counterMonthly Investment AmountInvestment PeriodCash Back
    January 2026ABF SG BOND ETFS$200Two consecutive monthsS$30
    Amova SGD IGBOND ETFS$100
    February 2026ABF SG BOND ETFS$200
    Amova SGD IGBOND ETFS$100

    * This example should not be considered as financial advice.

    Example 4:

    MonthInvestment counterMonthly Investment AmountInvestment PeriodCash Back
    January 2026ABF SG BOND ETFS$100Two consecutive monthsS$30
    Amova SGD IGBOND ETFS$200
    February 2026ABF SG BOND ETFS$100
    Amova SGD IGBOND ETFS$200

    * This example should not be considered as financial advice.

    • Please refer to examples 1,2,3,4 on the indicative cash back amount.
    • Eligible customer is allowed a maximum cash back of S$150 per SBP account.
    • The cash back will be processed approximately 30 working days after completion of the consecutive two months subscription period.

    Cash Back will be awarded to eligible customers upon successful investment, approved GIRO linkage, and completion of the consecutive two month subscription period with GIRO.

  11. Cash Back is non-transferable. The Cash Back will be credited into the eligible customers’ SBP ledger approximately 30 working days after completing the consecutive two-month subscription period with GIRO. If the customer terminates their SBP account before the Cash Back is credited, the customer will not be eligible for the promotion. Should the cash back be unavailable for any reason whatsoever, PSPL reserves the right for final decision.
    1. In the event that the Customer submits SBP Termination Form before the cashback is credited, PSPL reserves the right, at its sole discretion, to forfeit and/or cancel the cashback, and no cashback shall be payable.
    2. Customers are deemed to have read, understood, and accepted these Terms & Conditions. PSPL shall have no obligation to notify or remind Clients regarding cashback eligibility, status, or crediting upon receipt of the SBP Termination Form.
  12. Customers should read the Terms and Conditions before participating in the promotion.
  13. The first 50 SBP accounts that fulfill all terms and conditions will receive the Cash Back. PSPL has the absolute discretion to exclude any otherwise eligible customer from participating. This promotion is on a first-come, first-served basis. The first 50 customers will be determined based on meeting all required criteria stated in the Terms & Conditions.If more than 50 customers fulfil the Terms & Conditions, only the first 50 qualifying accounts will be eligible for Cash Back, and PSPL reserves the right to disqualify any subsequent qualifiers.
  14. Eligible customer will receive an email from rsp@phillip.com.sg approximately 30 working days after completing the consecutive two months subscription period (based on the last known contact information in PSPL’s records) regarding cash back information. Eligible customers can check the cash back transaction in their SBP monthly statement. PSPL reserves the right to replace any disqualified customer. PSPL has the absolute discretion to exclude any otherwise eligible customer from participating in the promotion.
  15. The following persons are not eligible for this promotion, unless approved by the management of PSPL:
    1. PSPL institutional Customer(s) and corporate Customer(s)
    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 Representative
  16. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all customer 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 decision on all matters relating to the promotion is final and binding on all customers.
  17. By participating in the cash back promotion, customer agree and consent to allow PSPL to use their name, or likeness in all matters related to this cash back promotion including any advertising or publicity without additional compensation or notification.
  18. By taking part in this promotion, you acknowledge that you have read, understood and consented to these Terms and Conditions.
  19. This promotion is subject to PSPL’s standard terms and conditions of business, where applicable, and PSPL reserves the right at its absolute discretion to determine Customer(s)’ entitlement for the promotion, to amend the terms and conditions of, and/or to suspend or terminate this promotion without prior notice or liability to any person. In the event of any dispute involving the interpretation of terms and conditions or any disagreement arising from this promotion, PSPL reserves the right to make the final decision.

Disclaimers:

  1. This promotion is intended for general information only and does not have any regard to your specific investment objectives, financial situation and any of your 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 promotion 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. Any opinion or view herein is made on a general basis and is subject to change without notice. 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. SBP is a Regular Savings Plan and is not a deposit and not principal protected nor a capital guaranteed plan.
  2.  Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the shares and the income from them may fall as well as rise. Past performance is not necessarily indicative of future performance. Investments in Regular Savings Plan are designed to produce returns over the medium to long term and are not suitable for short-term speculation.
  3.  Any opinion or view herein is made on a general basis and is subject to change without notice.
    iv. 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.
  4.  The information is correct as at the date of print and the company reserves the right to revise the charges.
  5.  This advertisement has not been reviewed by the Monetary Authority of Singapore.


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