Wealth Planning
Gain knowledge
about wealth planning
Investment Instruments Manage a portfolio of insurance and investment instruments
Open to Universities,
Polytechnics and ITEs
Individual challenger
18- 29 years old


This is a wealth management game that is played over 15 weekdays. Each day represents 1 “year” in life, thus the game will be “15 years” long. Our main character in the game is Phillip, a 25 year old male, non-smoker, with no history of medical problems. At the end of the game, Phillip will be 40 years old.

Your task is to manage Phillip’s portfolio over this “15-year” period, helping him to accumulate his wealth while ensuring that he has adequate coverage.

Each “year”, the value of investments will increase and decrease according to market fluctuations. There will also be a variety of “news headlines” available on the website at various times of the day, which may be indicative of market sentiments. Be careful, life events over the “years” will also affect Phillip’s wealth. A salary can increase his assets while an expense can decrease his assets.

At the end of the game, the participant with the highest asset value (investments, savings, insurance surrender value all included) will be the winner, followed by the 2nd and 3rd highest asset values.


Allocate Phillip’s Assets into:

Life and Health Insurance
General Insurance excluded
15 Unit Trust Funds & 1 Managed Portfolio Account
Excess funds kept as savings will earn interest of 0.05% p.a.

Game Procedure

Information updated via email & website at 10am daily
Purchase insurance or rebalance his investments daily
Email us your allocations
by 5pm daily

At 10am every morning, you will receive these information via email and/or website:

  • Insurance Benefit Illustrations if it were bought in that year
  • Managed Accounts Unit value
  • Unit Trust Net Asset Value (NAV) of the funds at that point in the year
  • Any life events and occurrences in Phillip’s life

You will be able to construct Phillip’s portfolio by purchasing insurance or rebalancing his investments.

By 5pm, you will be required to submit your investments/desired transactions via email. There will be a template provided for submission of transactions.
For Insurance: Please specify name of product and desired coverage/contribution (if applicable).
For Unit Trusts: Please specify the name of the fund and the desired investment amount.
For Managed Accounts: Please specify the desired investment amount.

If the game action file is not submitted, it will be taken as an indication that the participant does not wish to make changes to the portfolio. Any net inflow will be allocated to cash at bank. Any net expenses will be deducted from cash at bank. If cash at bank is insufficient to cover the expense, we will liquidate the most recent investment(s), up to the amount payable for the expense.
If multiple game action files are submitted before the 5pm cut off, the latest file will be taken as the final instruction for execution from the participant.
If game actions are submitted after the 5pm cut off time on T+0 and before the release of new information at 10am on T+1, it will be deemed as their desired game actions for T+1 cut off, provided they do not submit any further game action files for T+1.


There are various types of insurance such as Life Insurance, Health Insurance and General Insurance, each serving different objectives. In this game, general insurance policies will not be available for purchase.


Life Insurance

Life Insurance can be purchased to provide financial protection or coverage. A sum assured will be paid out in the event of death and on the coverage of the policy, the sum assured may also be paid in the case(s) of permanent disability or critical illness.
Life Insurance can also be purchased to provide for retirement planning, savings or investments. Some life insurance products such as endowment policies bundle a savings and investment element with insurance protection.


Health Insurance

Accidents and illnesses are usually unforeseen and may result in high medical and/or hospitalisation costs for an individual. As a result of the injury/illness, the individual may also be unable to work during recovery. Health insurance policies can help the insured and his family cope with these expenses.


In this game, the purchase of Life Insurance will be made compulsory for all participants.
There will be 2 endowment policies that are available for purchase.
There will be 1 hospitalisation plan available for purchase.


Find out more about the In-Game Insurance Policies on the Insurance tab.

A Managed Account Service is an individually managed investment portfolio that is beneficially owned by the individual investor and managed on a discretionary basis.

In this game, you will be introduced to a Phillip SMART Portfolio (“SMART”) that is moderately aggressive for growth and income that is available for purchase.


About SMART:

SMART is a discretionary investment service that matches a best-fit portfolio with your online risk analysis.

SMART works by embracing technology and our investment expertise to make investing effortless for you. Whether it is your mobile or your desktop – SMART enables you to seamlessly set up an investment account, fund and monitor the performance of the account – all done online. Once your account has been set up, SMART’s team of investment managers will structure for you a diversified portfolio across geographical regions, countries and industry sectors that is most likely to benefit from the prevailing economic situations.

Phillip SMART Portfolio invests in Exchange-Traded Funds listed on major stock exchanges. It may also invest in unit trusts, closed-end funds, investment trusts, business trusts and Exchange-traded notes.

With any portfolio, market fluctuations cause your asset allocation to stray from its target. When that happens, it’s time to rebalance by buying underweight and selling overweight asset classes.
Rebalancing is critical to successful investing. Your Phillip SMART Portfolio efficiently rebalances across asset classes and reduces volatility to help your investment growth.


Find out more about the In-Game Managed Account Portfolios on the Managed Account tab.

A unit trust is an investment vehicle comprising a pool of funds from many investors and managed by a fund manager. The fund manager invests the pooled money into assets such as stocks, bonds, money market instruments, a combination of these investments, or even other funds. Purchasing a unit trust gives you exposure to all the investments in that fund. The collective holdings of the assets held in trust will form the total portfolio of a unit trust fund.


Advantages of investing in Unit Trust:

  • Professional Management by professional fund managers with expertise and experience in investments
  • Diversification – investing into different companies, assets, industries, and regions means that poor performance in one sector is not likely to have a major adverse impact on the whole investment
  • Windows of Investment Opportunities into overseas markets and assets that have a high minimum investment amount
  • Lower Costs of buying into some stocks and bonds due to economies of scale
  • Liquidity as Unit Trusts are mostly open-ended investments where investors can buy and sell on a daily basis


Considerations when investing in Unit Trust:

  • Entrusted control is given to the fund manager(s)
  • Low risk does not mean no risk – just like most investments, Unit Trusts are not capital-protected products


In this game, there will be 15 Unit Trust Funds across various sectors and regions for you to choose from, some of which will be launched in the middle of the game.

Find out more about the In-Game Unit Trust Funds on the Unit Trust tab.


By participating in the Wealth Challenge, each participant agrees to be bound by the rules of the competition, and the following Terms and Conditions.


Competition Period

The actual Competition is based on a game environment comprising projected market conditions and life events of a fictitious character and will be held from 17/09/2018 to 05/10/2018, both dates inclusive. Wealth Products valid for the competition will be stated in the game environment. The registration period has been extended to 14/09/2018 due to overwhelming response.


Eligibility for the Competition

The Competition is open to all individuals from age 18 to 29. To participate, all participants would have to first register for the competition. The following are not eligible to participate in the Competition:

  • Employees/ Agents of Phillip Securities & Phillip Futures
  • Existing customers of Phillip Securities


Ranking Criteria

For an individual to be eligible for ranking on the game leader board, participants must summit a minimum of any 5 game actions. Game actions are defined as:

  1. The purchase of an Insurance product;
  2. A subscription of a Managed Account service
  3. A termination of a Managed Account service
  4. A purchase of a Unit Trust Fund; or
  5. A sale of a Unit Trust Fund.

If any participants have the same portfolio value, they will be ranked according to higher number of game actions they have taken.


Competition Registration
  1. Registration for the Competition is solely via the online registration form which can be found at https://www.poems.com.sg/phillipyouthchallenge/ (“the Website”).
  2. Once confirmed to be eligible, applicants will be registered as participants of the Competition (“the Participant”).
  3. Participants who are successfully registered will receive a confirmation email.
  4. Participants who are found to be ineligible for any reason will be Disqualified and barred from the Competition.
  5. Participants may register for both the Stocks Challenge and Wealth Challenge. Each participant is only allowed to register for a maximum of one slot in each challenge.


Prize Notification and Collection
  1. The Competition consists of three (3) winners, seven (7) runners-up and ten (10) consolation prizes.
  2. On 19/10/2018, the Prize Winners for the Wealth Challenge will be announced.
  3. Prize Winners will be notified after the end of the Competition by email/ phone and the winners names will be published on the Website.
  4. Prize Winners must be able to produce relevant identification documents to collect their prize. Failure to do so would mean failure to meet the eligibility of the competition and participant will be disqualified.
  5. Phillip Securities reserves the right to substitute the prizes with another of equivalent value and amend any terms and conditions without prior notification. Where a dispute involving the interpretation of terms and conditions arises, the Company’s decision is final.
  6. By participating in the Competition, the applicant agrees that the Company may disclose your name and photos of the prize collection for publicity, if any. The applicant also agrees to allow the Company to disclose your profit/loss, portfolio allocation or any other information in connection to the Competition.


Organized by PhillipCapital, the Phillip Wealth Challenge, part of the Phillip Youth Challenge, is a simulated wealth accumulation competition that aims to introduce the concept of wealth planning to youth.

During the challenge, participants can make use of investment instruments to accumulate wealth, monitor their portfolio values and manage their cash flows. The total portfolio value of the leading 3 participants will be made known on the dashboard everyday.

The Phillip Wealth Challenge is the perfect platform as it provides you with a fun, risk-free environment to learn and test wealth accumulation strategies! Top winning participants will receive rewards at the end of the challenge.

To be eligible to take part in the Phillip Wealth Challenge:

  1. Participants must be from ages 18 to 29.
  2. Participants can be of any nationality.
  3. Each participant is only allowed to register for a maximum of one slot in the Wealth Challenge.

Registration has been extended to 14/09/2018 due to overwhelming response. To register,

  1. Visit the official website at https://www.poems.com.sg/phillipyouthchallenge/
  2. Click on the ‘Register’ tab.
  3. On the online registration page, fill in and submit the necessary information.
  4. Once your registration has been processed, a confirmation email will be sent to you.

After submitting your asset allocation and rebalancing decisions by 5pm, the market is deemed to be closed and the day is over. From market closure to 10am of the next day, a “year” is deemed to have passed. On the following morning, your investments will have been adjusted to the current market value of the following year.

Amendments are allowed and have to be submitted by 5pm of each “business day”.

  1. If the game action file is not submitted, it will be taken as an indication that the participant does not wish to make changes to the portfolio. Any net inflow will be allocated to cash at bank. Any net expenses will be deducted from cash at bank. If cash at bank is insufficient to cover the expense, we will liquidate the most recent investment(s), up to the amount payable for the expense.
  2. If multiple game action files are submitted before the 5pm cut off, the latest file will be taken as the final instruction for execution from the participant.
  3. If game actions are submitted after the 5pm cut off time on T+0 and before the release of new information at 10am on T+1, it will be deemed as their desired game actions for T+1 cut off, provided they do not submit any further game action files for T+1.

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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