Home Investment Unit Trusts and ETFs Phillip Offers 0% Sales Charge on Selected Units Trusts

Phillip Offers 0% Sales Charge on Selected Units Trusts

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With investors shying away due to the on-going Euro-zone turmoil, one least one Singapore online unit-trust reseller is drumming up business by doing away with the sales charge. Any catch?

Better known for its POEMS trading platform, Phillip Securities is offering several bonds funds & CPFIS unit trusts (including several top-performing funds from Aberdeen) at zero sales charge.

Key Terms & Conditions

  • The promotion is only applicable to "Buy" orders submitted through POEMS and transacted on 28 May 2012 to 31 August 2012
  • The promotion does not apply to fund switching
  • The promotion applies only to a select list of funds (which appended below for reference) and even then not for all modes (cash/CPFIS). See the POEMS website for details

Any Hidden Charges?

None, as far as can be seen. Phillip does not charge a platform fee. The annual management fee (typically 1.5%) is also consistent with those for the same funds sold through other resellers and is normally deducted directly from the value of the fund (i.e. not paid out of pocket by an investor)

Eligible Units Trusts and Bond Funds

Fund Name Asset Class/ Region/Country/Sector/Strategy
Aberdeen Asian Local Currency Short Duration Bond Fund Bond/Nil/Asia Pacific
Aberdeen Asian Smaller Companies Fund Equities/Nil/Asia Pacific Small Mid Cap
Aberdeen Emerging Markets Local Currency Bond Fund Bond/Nil/Global Emerging Markets
Aberdeen Global Emerging Markets Fund Equities/Nil/Global Emerging Markets
Aberdeen Global Opportunities Fund Equities/Nil/Global
Aberdeen India Opportunities Fund Equities/Nil/India
Aberdeen Indonesia Eq Fund Equities/Nil/Indonesia
Aberdeen Malaysian Eq Fund Equities/Nil/Malaysia
Aberdeen Pacific Equity Fund Equities/Nil/Asia Pacific ex Japan
Aberdeen Singapore Eq Fund Equities/Nil/Singapore
Aberdeen Thailand Eq Fund Equities/Nil/Thailand
DWS China Equity Fund Class A Equities/Nil/China
DWS Global Themes Equity Fund Class A Equities/Nil/Global
DWS Invest Top Dividend S1Q SGD Equities/Nil/Global
DWS Lion Bond Fund Class A Bond/Nil/Global
DWS Premier Select Trust Balanced/Nil /SGD Balanced
Fidelity America Fd A SGD Equities/Nil/North America
Fidelity America Fd A SGD Hedged Equities/Nil/North America
Fidelity America Fd A USD (CPF/SRS) Equities/Nil/North America
Fidelity Asian High Yield Fd A (Mdist) SGD Hedged Bond/Nil/Asia Pacific
Fidelity China Focus Fd A SGD Equities/Nil/China
Fidelity Emerging Market Debt Fd A SGD Bond/Nil/Global Emerging Markets
Fidelity Euro Bond Fd A EUR Bond/Nil /EUR
Fidelity European Growth Fd A EUR (CPF/SRS) Equities/Nil/Europe
Fidelity European High Yield Fd A EUR Bond/Nil/Europe High Yield
Fidelity Global Inflation Linked Bond Fd A SGD Hedged Bond/Nil /Inflation Linked
Fidelity Greater China Fd A SGD Equities/Nil/Greater China
Fidelity International Bond Fd A USD Bond/Nil/Global
Fidelity South East Asia Fd A SGD Equities/Nil/Asia Pacific ex Japan
Fidelity US High Yield Fd A USD Bond/Nil /USD High Yield
Fidelity USD Bond A SGD Hedged Bond/Nil /USD
Fidelity USD Bond Fd A USD Bond/Nil /USD
Henderson European Fund Equities/Nil/Europe ex UK
Henderson Global Property Equities Fund Equities/Nil/Global Real Estate
Henderson Global Technology Fd Equities/Nil /Information Technology
HSBC GIF - Global Bond AD Bond/Nil/Global
HSBC GlF - Indian Equity (Class AD) (SGD) Equities/Nil/India
Legg Mason WA Asian Opp Fd A (Q dis) (Hedged) SGD Bond/Nil/Asia Pacific ex Japan
Legg Mason WA Emerging Mkts Bd Fd A (Q dis) (Hedged) SGD Bond/Nil/Global Emerging Markets
Legg Mason WA Glb High Yield Fd A (Q dis) (Hedged) SGD Bond/Nil/Global
Legg Mason WA Glb Inflation-Linked Fd A (Q dis) (Hedged) SGD Bond/Nil /Inflation Linked
Legg Mason WA Glb Multi Strategy Fd A (Q dis) (Hedged) SGD Bond/Nil/Global
Legg Mason Western Asset Asian Bond Trust Bond/Nil/Asia Pacific
Legg Mason Western Asset Asian Enterprise Trust Equities/Nil/Asia Pacific ex Japan
Legg Mason Western Asset Global Bond Trust Bond/Nil/Global
Legg Mason Western Asset SE Asia Special Situations Trust Equities/Nil/Asia Pacific ex Japan
Legg Mason Western Asset Singapore Bond Fd A Bond/Nil /SGD
Legg Mason Western Asset Singapore Opportunities Trust A SGD Equities/Nil/Singapore
Schroder Asian Bond Fund Bond/Nil/Asia Pacific
Schroder Asian Gr Fd Equities/Nil/Asia Pacific ex Japan
Schroder Asian Premium Bond Fund Bond/Nil/Asia Pacific
Schroder China Opportunities Fund Equities/Nil/China
Schroder Glb Emerg Mkt Opp Fd SGD Equities/Nil/Global Emerging Markets
Schroder Global High Yield Fund Bond/Nil/Global High Yield
Schroder ISF Asian Bond Abs Return Fd A Acc USD Bond/Nil/Asia Pacific Absolute Return
Schroder ISF Emerg Mkts Debt Abs Return Fd A Acc EUR Hedged Bond/Nil/Global Emerging Markets Absolute Return
Schroder ISF Emerg Mkts Debt Abs Return Fd A Acc USD Bond/Nil/Global Emerging Markets Absolute Return
Schroder ISF Emerg Mkts Debt Abs Return Fd A Dis SGD Hedged Bond/Nil/Global Emerging Markets Absolute Return
Schroder ISF Glb Corporate Bond Fd A Acc USD Bond/Nil/Global Corporates
Schroder ISF Glb Corporate Bond Fd A Dis SGD Hedged Bond/Nil/Global Corporates
Schroder ISF Glb High Yield Fd A Acc USD Bond/Nil/Global High Yield
Schroder ISF Glb Inflation Linked Bond Fd A Acc EUR Bond/Nil /Inflation Linked
Schroder ISF Glb Inflation Linked Bond Fd A Acc USD Hedged Bond/Nil /Inflation Linked
Schroder ISF Strategic Bond A Acc USD Bond/Nil/Global
Schroder Multi-Asset Revolution Class A Balanced/Nil/Global Flexible
Schroder Singapore Fixed Income Fund Class A Bond/Nil /SGD
Schroder Singapore Trust Class A Equities/Nil/Singapore
Schroder Strategic Bond Fund Bond/Nil/Global
UOB GrowthPath Port-GrowthPath 2020 Balanced/Nil/Global Target Maturity
UOB GrowthPath Port-GrowthPath 2030 Balanced/Nil/Global Target Maturity
UOB GrowthPath Port-GrowthPath 2040 Balanced/Nil/Global Target Maturity
UOB GrowthPath Port-GrowthPath Today Balanced/Nil/Global Target Maturity
UOB United Asia Fund - SGD Equities/Nil/Asia Pacific ex Japan
UOB United Asian Bond Fund Bond/Nil/Asia Pacific
UOB United Emerging Markets Bond Fd SGD Bond/Nil/Global Emerging Markets
UOB United Enhanced Income Fund SGD Bond/Nil/Global
UOB United Global Bd Fd (S$) Bond/Nil/Global
UOB United International Bond Fd Bond/Nil/Global
UOB United International Growth Fd Equities/Nil/Global
UOB United Renminbi Bond Fd SGD Bond/Nil/CNY
UOB United Renminbi Bond Fd USD Bond/Nil/CNY
UOB United SGD Fund CL A Bond/Nil /SGD

 

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Last Updated ( Tuesday, 05 June 2012 16:18 )  
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