| 22 FAQs, most recent first |
| 1) How do I transfer-in my holdings maintained with other distributors or banks? |
| Transfer-in your cash, CPFOA, CPFSA or SRS unit trust holdings. |
| 2) How do I pay for my unit trust purchases? |
| You have the options of making payments through your bank's ATMs/ internet banking facility via Electronic Payment for Shares (EPS) or GIRO (Not applicable for Cash Management Accounts) if you have applied for it. You can also send us a cheque or make payment by cash ... |
| 3) How long will it take for me to receive my money? |
| The settlement dates are based on the fund source and the asset class of the funds ... |
| 4) How can I start (Regular Savings Plan)RSP again? |
| You can simply start RSP via Transaction -> RSP -> New Plan. You are not required to set up the GIRO linkage..... |
| 5) What will happen to my unit holdings after my (Regular Savings Plan)RSP has been stopped? |
| Your unit holdings will remain unchanged, unless it is below the minimum holding amount or the units that are required by Fund Mangers. |
| 6) What will happen if my Regular Savings Plan (RSP) fund is temporary closed for subscription? |
| Until fund is open for subscription, RSP will be stopped. |
| 7) Am I able to change my RSP subscription amount? If yes, are there any charges? |
| Yes, if you maintain the minimum holding amount. To check the amount, please go to Fund Finder -> Investment Amount ....... |
| 8) Can I pay my first RSP subscription through cheque or must I wait for my GIRO approval to start RSP Cash? |
| There are two options;Option 1 –To Start RSP Immediately..... |
| 9) Can a CPF investment be converted into a cash investment? |
| No, it cannot. The only exception is when the investor reaches 55 years old, and has met the min requirement sum set aside ..... |
| 10) Are there any handling fees for regular savings plan (RSP) subscription imposed by Phillip Securities? |
| No additional fees beside the sales charge incurred. However, on RSP CPF, agent banks levy transaction charges of $2.50.... |
| 11) If I have insufficient money in my bank account for GIRO deductions for RSP Cash, will there be any penalty?
Similarly, what penalty is liable for unsuccessful CPF deductions? |
| RSP Cash:No penalty. However RSP may be terminated after two consecutive unsuccessful deductions .... |
| 12) How do I choose Unit Trusts? |
| Before you start choosing the right Unit Trust for your financial needs, you need to look into a few critical areas...... |
| 13) Can I give an order over the phone to subscribe to a unit trust? |
| No, all orders via phone will not be accepted. You can only submit their orders through Phillip Unit Trust, POEMS or your financial adviser. |
| 14) Which are the transactions that can be carried out through Phillip Unit Trust? |
| You can buy, sell and switch in/out of your holdings and start a RSP through Phillip Unit Trust. However, if your holdings ...... |
| 15) How do I monitor the performance of my Unit Trusts? |
| Phillip Unit Trust provides daily price and daily valuation of your portfolio at My Portfolio tab. In addition, for Cash/ CPFOA-IA/ CPFSA-IA/ SRS-IA trades....... |
| 16) How do I invest in unit trusts? |
| Investors can choose to use Cash, CPFOA-IA, CPFSA-IA or SRS-IA to invest in unit trusts via Phillip Unit Trust.... |
| 17) Is an initial investment required before I can subscribe to RSP? |
| Yes. Most funds require an initial investment amount before you are entitled to subscribe to RSP using cash or CPF...... |
| 18) What is the minimum subscription amount for RSP? |
| Please go to Fund Finder -> RSP Info or RSP Approve Fund lists |
| 19) When and how much to invest for unit trust? |
| Generally, there is no best time to invest. However, by investing frequently, the full benefits of "dollar ·cost ·averaging" can be obtained.... |
| 20) What are charges? |
| We are offering a wide variety of funds at a promotional sales charge of 0.75% or lower to our valued clients. |
| 21) What are my options when fund managers pay out dividends? |
| In Phillip Unit Trust, all dividends will be reinvested, unless funds have only payout dividend option. |
| 22) Who can invest in unit trusts? |
| Any individual who is above 18 years old will be eligible....... |
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