PhillipCapital Unit Trust | Excess Funds Facility

Excess Funds Facility

Phillip SMART Park

Park Your Cash with Excess Funds Management

Phillip SMART Park is an excess funds facility that manages your idle cash by investing it into the Phillip Money Market Fund on a discretionary basis.

Excess funds in your trading account with a minimum balance of $100 will be automatically invested into Money Market Funds.

Excess SGD funds will be invested in the Phillip Money Market Fund whereas excess USD funds will be invested in the Phillip USD Money Market Fund.

The following tables demonstrate the difference between opting-in and not opting-in:

Currency	Amount	Interest Rate without Opt-In¹	Return (1 month) Annualised with Opt-In²	1 Year Rolling Return with Opt-in³
SGD	Less than $50,000	0	2.4564% p.a.*	0.3911%
SGD	More than $50,000	0.10% p.a.	2.4564% p.a.*	0.3911%
USD	Less than $50,000	0	2.3638% p.a.*	0.3338%
USD	More than $50,000	0.15% p.a.	2.3638% p.a.*	0.3338%
Rates updated as of 31 October 2022. ²Based on the average rate of annualised returns over the last rolling week. ³Based on 1-year rolling return, NAV/NAV prices. Past performance is not necessarily indicative of future performance. View disclaimer

OPT-IN ON POEMS

To view investment products that may only be offered to accredited investors and other relevant persons in reliance on a relevant exemption from needing to register a prospectus for such investment products, you must be or may be deemed to be an accredited investor.

You are an accredited investor if you are:
1. An individual –
  1. Whose net personal assets exceed S$2,000,000 (or its equivalent in a foreign currency) in value, of which no more than S$1,000,000 (or its equivalent in a foreign currency) in value is contributed by the net estimated fair market value of his/her primary residence; or
  2. Whose financial assets (net of any related liabilities) exceed S$1,000,000 in value (or its equivalent in a foreign currency); or
  3. Whose income in the preceding twelve (12) months is not less than S$300,000 (or its equivalent in a foreign currency).
2. A corporation with net assets exceeding $10 million in value (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe, in place of the first amount, as determined by —
  1. The most recent audited balance-sheet of the corporation; or
  2. Where the corporation is not required to prepare audited accounts regularly, a balance-sheet of the corporation certified by the corporation as giving a true and fair view of the state of affairs of the corporation as of the date of the balance-sheet, which date shall be within the preceding 12 months;
Or in respect of investment products other than unit trust funds, you have the intent and financial capability to transact not less than S$200,000 (or its equivalent in a foreign currency) per order to be paid in full.
By clicking the "Submit" button below, I acknowledge that I have read and understood the above and confirm that:
1. I am an accredited investor; and/or
2. I have the intent and financial capability to transact not less than S$200,000 (or its equivalent in a foreign currency) per order to be paid in full;
3. I have read the Risk Disclosure Statement and fully understand the risks involved in investing in Debt Securities (applicable to investment in Debt Securities).