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Unit Trust

Phillip US Dollar Money Market Fund

as of 28 June 2024

US$ 1.2030

as of 28 June 2024

US$ 489.24 million

as of 1 July 2024

5.7997%

Fund Return
(7-day)
Annualised

as of 1 July 2024

5.4118%

Fund Return
(30-day)
Annualised

PERFORMANCE

INVESTMENT OBJECTIVE & FOCUS

The investment objective of the Phillip US Dollar Money Market Fund is to provide liquidity and manage risk while looking to provide a return which is comparable to that of USD short‐term deposits. This Sub‐Fund will invest in high-quality short‐term money market instruments and debt securities. Some of the investments may include government and corporate bonds, commercial bills, and deposits with financial institutions.

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 the Authority, 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 on Collective Investment Schemes and subject to compliance with the limits and/ or restrictions (if any) applicable to Excluded Investment Products.

KEY FACTS

Inception Date
6 May 2009
Inception Price
US$1.0000
Subscription Mode
Cash
Dealing Frequency
Daily SGT 3:30pm
Pricing
Historical Pricing
Benchmark
Federal Funds Target Rate - Lower Bound
Initial Sales Charge
Currently 0%, maximum 5%
Realisation Fee
Currently 0%, maximum 5%
Trustee Fee
Currently 0.065%, maximum 0.20%
Minimum Subsequent Investment
US$100
Investment Manager
Phillip Capital Management (S) Ltd
Switching Fee
Currently up to 1%, Maximum 1% subject to a minimum of SG$25

CLASS ‘A’ – RETAIL CLASS

ISIN Code
SG9999006043
Minimum Initial Investment
US$100
Minimum Holdings
100 units
Annual Management Fee
Currently 0.40%, maximum 2%
Bloomberg Ticker
PHUSMMA SP Equity

CLASS ‘I’ – INSTITUTIONAL CLASS

NAV Price
NA
Bloomberg Ticker
PHUSMMI SP Equity
ISIN Code
SG9999006050
Minimum Initial Investment
US$100,000
Minimum Holdings
100,000 units
Annual Management Fee
Currently 0.25%, Maximum 1%

DOCUMENTS

Factsheet

Product Highlight Sheets

Prospectus

Supplementary Prospectus

Annual Report

Semi Annual Report

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