Poems Notification on Phillip Funds Exposure to SVB and Credit Sussie

Dear all,

I've received the following notification from Phillip Capital for your information below:

Phillip Funds do not have any exposure to SVB and Credit Suisse. The current bank failures have no material impact on our funds. In fact, Phillip SGD Money Market Fund, Phillip USD Money Market Fund and Phillip SGD Money Market ETF are well diversified across industries, keeping high overnight liquidity and holding high exposure to the MAS Government Bills. We will conduct stress tests and quantify the impact concurrently to back our reassurance.