1. Will the fund definitely launch?

The fund will launch only if there is a total minimum amount of US$100m from all its investors. So there is a chance that the fund will not launch.

2. What happens to my money if The Fund is not launched?

Your monies will be returned to your trading account with no penalties.

3. 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 during the Initial Offering Period and to execute trades with fund managers like Aberdeen Standard. 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.

4. Is the return or capital guaranteed?

The Fund invests in 60-80 issuers to ensure that it is not overly exposed to any one issuer. While this reduces the risk of defaults, both the return and capital are not guaranteed for this product.

5. What is the minimum and maximum invesment amounts?

The minimum invesment is US$1,500. There is no maximum investment amount. 

6. Is there a penalty if I redeem my funds during the 4-Year period?

** In ordinary, liquid, market conditions the dilution adjustment will not exceed 2%. In times of adverse market conditions (to be determined by Aberdeen Standard Investments), the dilution adjustment might exceed 2%. This is to ensure that remaining investors in the Fund are not materially disadvantaged by the negative impact from redemptions.

7. What is a platform fee?

*** 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. A small fee will be charged for the platform services and the indicative return shown is before the the deduction of the platform fee. 

8. When should I be thinking about investing into such fixed maturity 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 fixed maturity 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.

This product provides an indicative return that is higher than guaranteed return products and fixed deposits, but it also has no guarantees.

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.

Unless otherwise specified, all return figures 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 information contained within this website has not been reviewed in the light of your personal circumstances. 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.