INVESTMENT OBJECTIVES AND APPROACH
Phillip Global Quality Fund
‘Z’ Class as of 31 December 2021
‘ZH’ Class as of 31 December 2021
as of 31 December 2021
S$ 20.24 million
The investment objective of the Sub-Fund is to seek medium to long term total return for the investors. The Sub-Fund will invest all or substantially all of its assets in the GMO Underlying Fund.
The GMO Underlying Fund is actively managed. The GMO Underlying Fund seeks total return by investing in equities and equity-related securities the GMO Underlying Fund Manager believes to be of high quality. A high quality company is generally one that the GMO Underlying Fund Manager believes has an established business that will deliver a high level of return on past investments and that will utilise cash flows in the future by making investments with potential for high levels of return on capital or by returning cash to shareholders through dividends, share buybacks, or other mechanisms.
|Fund Name||Phillip Global Quality Fund|
|Manager||Phillip Capital Management (S) Ltd|
|External Legal Counsel to the Manager||Allen & Gledhill LLP|
|Trustee||Citicorp Trustee (Singapore) Limited|
|Distribution Policy||At sole discretion of Managers|
|EIP / SIP Classification||SIP (Specified Investment Product)|
|Bloomberg Ticker||Class SGD Dis GDFUNDD
Class SGD Hedged Dis GDFUNDD
|ISIN||Class SGD Dis SGXZ54679790
Class SGD Hedged Dis SGXZ88594064
|SRS Product Code||Class SGD Dis UR1475
Class SGD Hedged Dis UR1476
|Minimum Initial Investment||$1000|
|Minimum Subsequent Investment||$100|
|Minimum Holdings||1,000 Units|
|Minimum Realisation Units||100 Units|
|Country of Domicile||Singapore|
|Fund Manager||Phillip Capital Management (S) Ltd|
Fees and Charges
|Initial Sale Charge||Currently up to 3%, Maximum of 5%|
|Redemption Charge||Currently nil; Maximum of 5%|
|Switching Fee||Currently nil; Maximum 1.00%, subject to a minimum of S$25|
|Annual Management Fee||Currently not more than 0.03% per annum; Maximum 0.20% per annum or such other amount as may be agreed by the Trustee and Managers.|
|Other fees (which may include Custodian, Registrar, fund administration fees, transfer agency fees and administrative costs)||Generally less than 0.20% per annum or such other amount as may be agreed by the Trustee and Managers.|
|Other fees charged by the GMO Underlying Fund to the Sub-Fund**||Subscription Charge: Nil
Repurchase Fee: Nil
Switching Charge: Up to 2% of the net asset value of the shares to be exchanged.
Annual Management Fee: Waived for the Sub-Fund
Annual Depositary Fee: Up to 0.0125% per annum for assets up to US$500 million
Other substantial fees or charge:
– Annual Administrator Fee: Up to 0.025% per annum on assets up to US$500 million.
– The aggregate amount of remuneration of the directors of the GMO Funds plc shall not exceed EUR 75,000 or such other amount as may be determined by the directors of the GMO Funds plc.
Investors should note that subscriptions for Units through any distributor appointed by the Managers may incur additional fees and charges. Investors are advised to check with the relevant distributor if such additional fees and charges are imposed by the distributor. The Managers may share their fees with any distributor appointed by the Managers.
SEMI-ANNUAL DIVIDEND PAYMENT (LAST 4)
|Ex-Date||Payment Date||Payout/Unit||Ann. Yield|
|Dividend Payout From||Capital||Income|