Disclaimer

By accessing and using this website (the “Website”) and any web page hereof, you agree to be bound by the terms and conditions below.  Reference to these general terms of use should be made each time you access and use the Website.This Website, its services and contents are provided for your use by PhillipCapital, which is a group of companies who together offer a full range of financial services to retail, corporate and institutional customers.  Member companies in Singapore include Phillip Securities Pte Ltd, Phillip Securities Research Pte Ltd, Phillip Financial Pte Ltd, Phillip Futures Pte Ltd, Phillip Capital Management (S) Ltd, Phillip Private Equity Pte Ltd, Phillip Japan Fund Management Pte Ltd, CyberQuote Pte Ltd, IFS Capital Limited and ECICS Limited.  Member companies can otherwise be identified by their authorised use of PhillipCapital brand name along with their own name in their documentation and literature.

 

Use of Information and Materials

The contents of this website are provided to you for general information only and should not be used as a recommendation or basis for making any specific investment, business or commercial decision.  These pages should not be construed as a recommendation, an offer or solicitation for the subscription, purchase or sale of the securities, and specifically funds or any investment products, mentioned herein, or, in any jurisdiction to any person to whom it is unlawful to make such an invitation or solicitation in such jurisdiction. 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. Past performance figures as well as any projection or forecast used in these web pages, are not necessarily indicative of future or likely performance of any investment products.

The information contained in these pages is not intended to provide professional advice and should not be relied upon in that regard.  It also does not have any regard to your specific investment objective, financial situation and any of your particular needs.  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

You are advised to read the applicable Terms and Conditions governing each account and the relevant Risk Disclosure Statement, if any, carefully before investing in any investment products.

The contents of this website, including these terms and conditions, are subject to change and may be modified, deleted or replaced from time to time and at any time at the sole and absolute discretion of PhillipCapital. Any opinions or views herein are made on a general basis and are subject to change without notice.

Member companies of PhillipCapital, their directors, officers, associates, agents, affiliates and/or employees may own or have positions in the investments mentioned herein.

 

Timeliness, accuracy and completeness of information

In particular, we assume no responsibility for or make any representations, endorsements, or warranties whatsoever in relation to the timeliness, accuracy and completeness of any services, content, information and/or data contained in the Website, whether provided by us, any content providers or third parties.

 

Copyright

PhillipCapital and/or its member companies reserve all copyright and intellectual property rights to the services, content, information and data on the Website.  The contents in the Website are protected by copyright and no part or parts hereof may be modified, reproduced, stored in a retrieval system, transmitted (in any form or by any means), copied, distributed, published, displayed, broadcasted, hyperlinked, used for creating derivative works or used in any other way for commercial or public purposes without the prior written consent of PhillipCapital and/or its member companies.

 

No Warranties

While every care has been taken in preparing the contents contained in the Website, such contents are provided to you “as is” and “as available” without warranty of any kind either express or implied.  In particular, no warranty regarding non-infringement, security, accuracy, fitness for a particular purpose or freedom from computer virus is given in conjunction with such contents.  Member companies of PhillipCapital, their directors, officers, associates, agents and affiliates make no representations, endorsements or warranties of any kind about the services, content, information and/or data contained in the Website.

 

Separate Contracts

The provision of any service or products provided by PhillipCapital and/or its member companies through the Website shall be expressly subject to the particular terms and conditions as contained in the contract for the supply of such service or product.  Any warranties or representations made in relation to the provision of such service or product are as made in the contract only and PhillipCapital and/or its member companies make no separate warranty or representation through the Website or through these general terms of use.

 

Exclusion of Liability and Indemnity

In no event shall PhillipCapital and/or its member companies be liable to you for any loss, damage, costs, charges and/or expenses of whatsoever nature and howsoever arising including legal fees on a full indemnity basis, cost of funding and loss or cost incurred by you as a result of or in connection with:

  1. any access, use or the inability to access or use this website, use of or reliance on the contents of this website;
  2. any transaction performed on any web page in the Website;
  3. any loss or abuse or unauthorized disclosure of information, including customer information;
  4. any system, server or connection failure, error, omission, interruption, interception, delay in operation or transmission, or computer virus;
  5. any use of or access to any websites linked to the Website;
  6. any service, product, information, data, software or other materials obtained from this Website or from any other websites linked to this Website;
  7. breach or violation of any third-party rights, including but not limited to the violation of any proprietary or intellectual property rights or the enforcement of any of these general terms of use.

 

Governing Law

These general terms of use shall be governed by and construed in accordance with the laws of the Republic of Singapore and all parties hereby agree to submit to the exclusive jurisdiction of the courts of the Republic of Singapore.  

Products and services referred to in this website are offered only in jurisdictions where and when they may be lawfully offered by PhillipCapital and/or its member companies.  The contents in the Website are not intended for use by persons located in or resident in jurisdictions that restrict the distribution of such materials by us.  Persons accessing these pages are required to inform themselves about and observe any relevant restrictions.  The terms and conditions governing the use of the Website of each member company of PhillipCapital may differ and you should consult and carefully read the applicable terms and conditions before using the website.

 

For online offers/subscriptions, to display the cautionary statements below before a potential investor is able to apply to subscribe for the securities, securities-based derivatives contracts or units in a CIS:

“Investments are subject to investment risks including the possible loss of all or part of the principal amount invested. You should read the prospectus and product highlights sheet, and consider whether the investment product is suitable for you before making the application to subscribe for the investment product. A printed copy of the prospectus and product highlights sheet are available at https://www.poems.com.sg/faq-lists/?id=9780.”

 

INVESTMENT PRODUCTS

IMPORTANT INFORMATION AND DISCLAIMERS

Investment product information in this website 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. You should seek advice from a financial adviser regarding the suitability of the investment product, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to invest in such products.

Investments are subject to investment risks including the possible loss of all or part of the principal amount invested. The value of investments denominated in foreign currencies may diminish or increase due to changes in the rates of exchange. Past performance figures as well as any projection or forecast mentioned in this website, are not necessarily indicative of future or likely performance of any investment products. You are advised to read the trading account terms and conditions, relevant product information sheet(s) and risk disclosure statements before investing in any investment product.

 

Leveraged products and Contracts for Differences (CFDs)

The risk of loss in leveraged trading can be substantial. You may sustain losses in excess of your initial funds and may be called upon to deposit additional margin funds at short notice.  If the required funds are not provided within the prescribed time, your positions may be liquidated.  The resulting deficits in your account are subject to penalty charges. You should also be aware of the commissions and finance costs involved in trading leveraged products. Leveraged products may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. Investors are advised to understand the nature and risks involved in margin trading.

Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract.

 

Unit Trusts, Money Market funds and Exchange-traded funds (ETF)

Unit trusts distributed by Phillip Securities Pte Ltd (“PSPL”) are not obligations of, deposits in, or guaranteed by, PSPL or any of its affiliates. 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 on this website. The value of units in any fund and the income from them may fall as well as rise.

Investing in money market funds is not the same as placing funds on deposit with a bank or deposit-taking company. Historically, investing in money market funds has had better yields than saving rates. However, past performance figures as well as any projection or forecast are not necessarily indicative of the future or likely performance of such funds.

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.  PSPL and its affiliates do not endorse and have no liability for any statements, opinions or information disseminated by the ETF issuers, which are not part of PSPL or its affiliates. Investors cannot redeem the units with the manager for the scheme or may only redeem units with the manager for the scheme under certain specified conditions. Listing of the units does not guarantee a liquid market for the ETFs.

 

Life insurance, Investment-linked policies (ILP) and A&H policies

All insurance products are subject to the limitations and conditions in the insurance policies and applicable legislation. The terms and conditions and exclusions of the plans are specified in the respective policies from the insurance companies. Insurance products are obligations only of the insurance companies. They are not bank deposits or obligations of, or guaranteed by PSPL or any of its affiliates. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable, if any, may be less than the total premiums paid. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs.

Investments in ILPs are subject to investment risks including the possible loss of the principal amount invested.  The value of the units in the sub-funds and the income from them may fall as well as rise. You should read the product summary and product highlights sheet before deciding whether to subscribe for units in the ILP sub-fund.

If you should decide that the accident and health (A&H) policy, or the life policy that provides accident and health benefits, is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense it has incurred in underwriting the policy.

 

Bonds

Some bonds are OTC products i.e. they are quoted on an off-exchange basis and the firm with which you conduct your transactions (which may be PSPL or another firm if PSPL acts as your broker to affect a transaction with such firm) may be acting as your counterparty to the transaction.  It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-exchange transactions may be less regulated or subject to a separate regulatory regime.