Unit Trust

Why trade Unit Trust with POEMS

No Sales Charge

No Switching Fees

No Platform Fee

Lower risks compared to other financial products like stocks and DLCs due to diversification of holdings

Almost 2,000 funds across various investment objectives, asset classes and geographical regions to diversify your portfolio.

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 (EPS)

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.

One of the methods to do lump sum investing in Unit Trust is via Lump Sum Payment – EPS (preferred option).

EPS allows investors to do a fund transfer payment via the ATM or Internet Banking for purchase of their shares or unit trust. To apply for EPS linkage, please mail in a copy of the Application Form for EPS to:

Phillip Securities Pte Ltd
250 North Bridge Road
#06-00 Raffles City Tower
Singapore 179101

Alternatively, you can make a payment via cheque payment or Bank Internet Banking Service. For more information, please visit FAQ > How do I make payment for my unit trust purchases?

Frequently Asked Questions

There are no platform fees, sales charge, or switching fees when you transact online via POEMS. Learn more about zero fees.

Apart from being high-tech, we also understand that some of our customers value high-touch. Thus, despite growing our online channel, we have also maintained our human channels to provide this service to those who need it. A sales charge may be levied as these face-to-face channels are able to give clients financial advisory services.

Below retirement age, a CPF investment cannot be converted into a cash investment. It can only be converted when an investor reaches retirement age and has met the CPF minimum required sum set aside.

For more information regarding transfer in, please refer to our Transfer In page.

Please note that we do not charge any transfer in fees.

Our Excess Funds Management Facility, also known as SMART Park, allows you to park your funds temporarily while you search for investment opportunities. Should you make an investment, any fund uninvested also known as excess funds will be invested on a discretionary basis into Phillip Money Market Fund.

If you have an existing account, you can opt-in to SMART PARK  easily by transferring your funds into SMART Park.

You may also opt-in to SMART Park via MyWealth App. Simply log in to your account, select Smart Series > SMART Park, select an account and click on the Opt-in button.

Alternatively, you may contact your Financial Adviser Representative or our Customer Experience Unit at 6531 1555 for more assistance.

The cut-off time is 3pm on any standard dealing day. If your order is submitted after 3pm or submitted on a non-dealing day, the order will be processed on the next dealing day. Examples of non-dealing days include weekends and public holidays of the fund’s country of origin.

Net Asset Value is the market value of the fund’s total assets, plus income, less expenses.

Since the NAV of a fund needs to be calculated, it will be announced by the fund houses after 2 dealing days. Hence the NAV displayed is always back dated. The NAV at which you have transacted will be made known to you within 2 dealing days.

An individual who is:

  • Above 18 years of age; and
  • Non-U.S. Citizens and non-U.S. Residents

Is eligible to invest in unit trusts.

For cash holdings, settlement will be up to T + 7 business days.

For CPF/SRS (IA Status) holdings, settlement will be T + 5 business days.

“Acc” and “Dis” are abbreviations of the words “Accumulation” and “Distribution”, which denote classes of the fund.

Accumulation funds do not distribute dividends. Instead, all income and interest attributable to this Class will be accumulated and reflected in the price (NAV) of the units of the Class.

Distribution funds distribute dividends either by cash payout or by reinvesting back into the fund. For transactions with Phillip, where distributions are in the form of cash, they will be re-invested to the same fund by default. The dividends will be reinvested in the form of additional units in your relevant holdings. If you want to have the dividends paid out, please fill in this form.

Some funds distribute dividends while some funds do not. Funds that distribute dividends either do so in cash value or units. Dividends issued in cash value can be paid out and credited to your account. If you do not choose for a payout option, the dividends will be re-invested by default.

Dividends that are issued in units will not be received in cash. In this situation, if you require a cash payout, you may sell some or all of these units depending on your requirements.

We have recently developed a new service which is a Dividend Model Portfolio. This is a portfolio of dividend paying funds and was put together by our research team.

Dividend Model Portfolio

Note: The declaration of distribution is at the sole discretion of the Fund Manager and is not guaranteed.

Contact us to Open an Account

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