InvestDIY SRS Investment Funds
Grow your wealth - SRS & Cash

1. Why do I have to apply for a wrap account?

* The wrap account is on a platform run by Phillips Securities and is authorised to collect monies and to execute trades with fund managers. Your monies will be held in custody with Phillip Securities in trust. We do not collect your funds or handle your money directly.

As this is a one-time set up process, we will also ask if you want to set up such that you can use your CPF monies for investment in the future in addition to a cash account. You can also invest your SRS monies into the funds.

 

2. Is the return or capital guaranteed?

Whilst each fund provides diversification, both the return and your capital are not guaranteed for any of these funds.

 

3. What is the minimum and maximum investment amounts?

The minimum investment amount is S$20,000 if you select a specific Investment Theme. The minimum investment amount is $35,000 if you invest by your risk profile. There is no maximum investment amount.

 

4. Is there a sales charge?

Enjoy our super low fees! There is no sales charge for your investment.

 

5. What fees does InvestDIY charge

A small fee of 0.6% p.a. will be charged for AUM at or below $500,000. This fee reduces to 0.5% p.a. for AUM of over $500,000. Fees are before GST. Unlike other advisers, we do not charge an upfront sales charge.

These fees go to support our on-going monitoring of the performance of the funds, servicing of your account and Phillips Security's platform.

** The Phillips Security platform will be used to execute transactions, provide statements, hold your funds in custody with Phillip Securities in trust in addition to providing other services. 

 

6. When should I be thinking about investing into such funds?

If you are keen on savings or investment products and have enough assets such that this investment is not a substantial part of your portfolio, you can consider investing in these funds.

In addition, there should not be any factors that are expected to impact you net assets significantly. e.g. expect to use the funds to purchase property soon.

 

 

InvestDIY is a brand under InsureDIY. InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.

The materials and information on this site (the “contents”) are current at the date of publication and are provided on an "AS IS" basis. InsureDIY makes no representation or warranty, whether expressly or impliedly, as to the adequacy, completeness, accuracy or timeliness of the contents for any particular purpose.

¹ All return figures and other statistics shown above are for illustrative purposes only as past performance are not indicative of future performance or results. Actual returns will vary greatly and depend on various factors and involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become valueless. Some of the statements contained in this website may be considered forward-looking statements which provide current expectations or forecasts of future events. There is no assurance that the conditions described in this website will remain in the future and actual results may differ materially.

The contents are for general circulation and information only. They are not made with regard to the specific investment objectives, financial situation and the particular needs or personal circumstances of any particular person who may receive them. They should not be relied upon as financial advice. You should obtain independent verification of the contents and seek professional advice before making an investment based on them. You should carefully consider whether any investment views and investment products/services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances or seek financial advice.

PLEASE READ the prospectus and PHS carefully before investing.

Commissions, handling fees, wrap fees and platform fees will be charged. In no event shall InsureDIY be liable to any party for any damages, claims, expenses or losses of any kind (whether direct, indirect, special, incidental, punitive, exemplary or consequential or otherwise) arising from or in connection with any use of or reliance on the accuracy, suitability and completeness of the contents.

Any transactions over the Internet may be subject to interruption, transmission blackout, delayed transmission due to Internet traffic, incorrect data transmission and/orthe public nature of the Internet. InsureDIY is not responsible for any use or damage arising from system, server or connection failure, error, omission, interruption, delay or failure in transmission, computer virus or other malicious, destructive or corrupting code.

 

All figures and information above are as at 30 Apr 2022.