Unit Trust

Phillip SGD Money Market Fund

as of 31 October 2019

S$ 1.2180

as of 31 October 2019

S$ 789.01 million

PERFORMANCE

INVESTMENT OBJECTIVE & FOCUS

The investment objective of the Phillip Money Market Fund is to aim to preserve principal value and maintain a high degree of liquidity while producing returns comparable to that of Singapore dollar savings deposits. The Sub-Fund will invest primarily in short term, high quality money market instruments and debt securities. Such investments may include government and corporate bonds, commercial bills and deposits with financial institutions.
The Sub-Fund’s approach to enhancing returns is to diversify across deposits of varying tenure. The Managers believe that the use of other short term, high quality money market instruments and debt securities, which are normally available to large investors will also help to enhance returns for the investor.
Subject to the provisions of the Code on Collective Investment Schemes issued by the MAS (“Code”), the Managers may also invest the deposited property of the Sub-Fund into a maximum of 3 money market funds which are authorised or recognised by MAS and which are also classified as Excluded Investment Products, including money market funds managed by the Managers during such time or times and on such terms as the Managers think fit in accordance with the investment objective and focus of the Sub-Fund. Up to 10% of the net asset value of the Sub-Fund may be invested into each money market fund. The management fees charged by the money market funds managed by the Managers will be rebated to the Sub-Fund, as may be agreed between the Managers and the Trustee.
The Managers may only use financial derivative instruments (“FDIs”) for such purposes as may be permitted under the Code and subject to compliance with the limits and/or restrictions (if any) applicable to Excluded Investment Products.

KEY FACTS

Investment Manager
Phillip Capital Management (S) Ltd
Inception Date
16 April 2001
Inception Price
S$1.0000
Subscription Mode
Cash/ SRS (UR 0155)
Bloomberg Ticker
PHIMMKT SP Equity
ISIN Code
SG9999005987
Minimum Initial Investment
S$500
Minimum Subsequent Investment
S$100
Minimum Holdings
500 units
Initial Sales Charge
Currently 0%,maximum 5%
Annual Management Fee
Currently 0.45%, maximum 2%
Realisation Fee
Currently 0%,maximum 5%
Dealing Frequency
Daily SGT 3:30pm
Pricing
Historical Pricing
Trustee Fee
Currently not more than 0.03%, maximum 0.035%
Switching Fee
Currently up to 1%, Maximum 1%, subject to a minimum of SG$25

TOTAL RETURNS (as of 30-Sep)

TOTAL RETURNSFUND
Since Inception21.67%
1 month0.11%
3 months0.35%
Year To Date1.03%

ANNUALISED RETURNS

TOTAL RETURNSFUND
1 year1.34%
3 years1.05%
5 years0.93%
10 years0.75%
Annualised returns since Inception1.07%

DOCUMENTS

Factsheet

Product Highlight Sheets

Prospectus

Annual Report

Semi Annual Report