1. What are Phillip Managed Accounts?
They are individual accounts where each client places funds with us to be actively managed on a discretionary basis by our portfolio managers. Under Phillip Managed Accounts, we offer seven services: PMA Managed Singapore Equity Account, PMA Managed Asia Pacific Equity Account, PMA Managed US Equity Account-USD, PMA Managed Gold & Resources Equity Account, PMA Managed Global ETF Account, PMA Managed Global UT-ETF Account, PMA Managed Global Hybrid Account.
2. Who can start a Phillip Managed Account?
Any individual, corporation or institution that meets the minimum investment criteria can start a Phillip Managed Account. Foreign investors not residing in Singapore can also start one, provided they meet the minimum investment and foreigner specific criteria.
3. What is the investment objective of Phillip Managed Accounts and are my investment capital and returns guaranteed?
We aim to achieve consistent positive returns over the medium to long-term investment horizon on a risk-adjusted basis, and are not benchmarked to any index. Investment capital and returns are not guaranteed.
4. What are the risks that I should be aware of when I invest with Phillip Managed Accounts?
Investment in Phillip Managed Accounts carries risks, including but not limited to market, liquidity, credit, interest rate, derivative, counterparty, foreign exchange and political risks. There can be no assurance that PMA services will achieve their investment objectives and past performance is not a guide to future performance. The value of investments, and the income accruing, may fall or rise and investors may not get back their initial investments.
5. Can I dictate what investments I want in my account?
We are discretionary managers who will make the investment decisions on your behalf. Therefore, you cannot dictate specific investments you want to include in your account. However, investment preferences/restrictions can be considered for exceptional cases.
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