Unit Trust Promotion!

 

Why pay platform fees when it is Zero on POEMS?

Other online platforms may charge platform fees on your Unit Trust holdings, which will erode your investment returns. The following table illustrates the potential costs an investor will incur over years of investment:

Assuming an investment of $50,000 to $200,000, the same investor would have saved 

anywhere between $2,000 and $8,000 over a ten-year period if he/she had invested 

with POEMS. These savings could mean a potential increase in investment returns 

and savings, more investment opportunities, or achieving personal lifestyle 

objectives!

Why wait? Transfer in your unit trust holdings and 

enjoy the following benefits:

• Be rewarded with up to S$1,000*
• 0% Platform Fees
• 0% Sales Charge
• 0% Switching Fees
• Wide selection of almost 2,000 funds
• 24/7 access to your investments on POEMS

For limited time only, you will receive S$20 for every 

$10,000 worth of unit trust holdings transferred in.*

For more info, please contact me.

Invest in ETFs with SRS and be Rewarded!

 

Poems is pleased to announce our latest promotion for ETFs!

From 2 Oct to 31 Oct 2023, clients can enjoy S$50 CapitaLand Voucher for every S$5,000 invested into eligible ETFs.

How to qualify:

•           Purchase at least S$5,000 worth of eligible ETF using SRS Fund

•           Fulfil minimum one-month holding period

For more information on the list of participating funds and the promotion’s terms and conditions, please refer here.

Revision of Interest Rates on Credit Balances

Please refer below for the revised rates and take note that these new interest rates will be effective from 1 October 2023.

Applicable account types:

     Cash Plus Account

     Cash Management (KC) Account

     Prepaid (CC) Account

     Custodian (C) Account

     Margin (M) Account

     Securities Advisory Account

 

     The new interest rates are: 

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Currency/Amount Interest on Credit Balance (Current) Interest on Credit Balance (Revised) > HKD 50,000 < HKD200,000 0.30% p.a 0.50% p.a > HKD 200,000 0.30% p.a 1.00% p.a > AUD 50,000 0.00% p.a 0.50% p.a > MYR 50,000 0.00% p.a 0.50% p.a

 

Currency/Amount	Interest on Debit Balance (Current)	Interest on Debit Balance (Revised)
GBP	4.50% p.a	6.00% p.a

Transfer of Shares from TD Ameritrade to Poems Account

Hi all,

I refer to the news below.

Do contact me if you wish to transfer your shares from TD Ameritrade to your Poems Account that is tagged to me. I can help you to facilitate the transfer,

https://www.businesstimes.com.sg/wealth/wealth-investing/td-ameritrade-singapore-stop-serving-retail-investors-dec-1

TRADING platform TD Ameritrade Singapore will stop its services for retail investors from December this year, to focus on accredited investors instead.

The move will allow it to “better serve the unique needs of local investors”, said the company on Tuesday (Sep 26).

In response to queries from The Business Times, a TD Ameritrade Singapore spokesperson said the pivot away from serving retail investors was a “strategic decision” that will allow it to concentrate on a market that has been “under-served historically in Singapore”.

Trade and Be Rewarded!

 

Please contact me at tplim1975@gmail.com or 90400848 for more information.

Smart Park: Park & Earn SGD 3.399% USD 5.3808%

 

Returns 7 day annualised #

SGD 3.3399%

USD 5.3808%

Rates updated as of 11th Sept 2023

# Based on the average rate of annualized returns over the last rolling week.

Past Performance is not necessarily indicative of future performance

No Lock In Period and Fastest Withdrawal

More info on SGD Smart Park here

More info on USD Smart Park here 

Phillip Smart Park

Make Your Money Work Harder!

Phillip Smart Park is an excess fund facility that manages your idle cash into money market fund. Let SMART help you to maximise your investment opportunities.

* Fast and Simple Online Transfer & Withdrawal

* Withdrawal before 10am on a working day, same day deposit back to Bank Account after 8pm (One of the best liquidity)

* No Penalty or Charges on Deposit and Withdrawal

* No Sales Charge and Admin Fees

* No Lock-In Period

* The Largest Retail SGD Money Market Fund in the Market

* Offers Higher Returns than Savings Rate #

* No Default since Inception in 2001 

# For more information, please contact me at +65 90400848/email me at lionellimtp@phillip.com.sg