All clients are required to be assessed during the application. You may find the application guide below
No, Pete does not believe in charging those.
This portfolio has a global mandate. However, the portfolio will focus on the US, HK and CN markets.
While we are unable to provide definitive projected returns, our long term projection is to provide 15-20% absolute returns annually.
Yes, non-Singaporean may apply too.
Unfortunately, we are unable to accept investment from CPF at the moment.
Yes, you can fund the portfolio with SRS. However, the portfolio funded with SRS will be separated from the portfolio funded with Cash.
SRS and Cash cannot commingled.
No, the Cash and SRS fundings have to be in separate accounts but you are allowed to open one SRS account and one Cash account. However, the funding minimum will apply to each account
The minimum investment is S$50,000. For investments more than $100,000, investors enjoy a lower management fee and other benefits.
No, you will need to open a new account with PhillipCapital.
Yes, this will be a separate investment account from your other Phillip Trading account
Management fee varies from 0.75% to 1.5% per annum.
Performance fee is 15% profit sharing based on high-water mark
A high-water mark is the highest level in value an investment account or fund has reached.
The purpose is to protect investors from paying a fee for poor performance, and from paying a fee repeatedly every time the fund earns a profit.
With a high-water mark, the investor pays a fee that only covers the amount the fund earned between the point of entry and its highest level.
The Portfolio Manager is authorized to invest on behalf of the account holder. If account holder wishes to invest on their own, they will have to open another account.
Yes, a monthly statement will be sent to you by PhillipCapital
No, remisier is an agent of a stockbroking company who provides professional advice in stocks and share trading and carry out trade executions on clients’ decision. Pete is a portfolio manager who will manage the portfolio and execute the investment on behalf of the account holder.
Yes, the management fee eligibility is dependent on the Net Asset Value of the portfolio and it is accrued monthly.
The Performance Fee is will be calculated and payable every calendar year in arrears at the end of each calendar year or, in the event of closure of the Account, on the day of closure of the Account.
Yes, you can open a Joint account with another person. Do take note that you will have to fill in the manual form instead of using Singpass.
Joint Account is able to have up to 2 names.
It will be deposited into your portfolio.
No, we do not. This is a long only portfolio. Hedging the portfolio is often expensive in nature. We believe investing in strong companies is the best hedge.
Pete is fully responsible for the portfolio day to day management.
For issues specific to your employment, it will be best to consult your HR department. You may share with them the official term for this investment portfolio - a Managed Account.