PRUlink singapore cash fund
The PRUlink singapore cash fund aims to preserve principal value and maintain a high degree of liquidity while providing returns which are higher than those offered by Singapore dollar short term bank deposits, by investing primarily in high quality short-term money market instruments and debt securities. Such investments may include Singapore fixed interest deposits, short-term government and corporate bonds, commercial bills and deposits with financial institutions and similar assets.
|Launch Date||1 October 1995|
|Manager of the Fund||Eastspring Investments (Singapore) Limited (formerly known as Prudential Asset Management (Singapore) Limited)|
|Benchmark||1 - Month Singapore Interbank Bid Rate (SIBID)|
|CPFIS Risk Classification of Investment-linked Insurance Products||Lower Risk, Broadly Diversified|
|Subscription Method||Cash and Supplementary Retirement Scheme (SRS)|
|Continuing Investment Charge||0.3% per annum**|
* Please refer to the Product Summary for details of charges incurred on your insurance plan as charges may vary from product to product and may be lower than 5%.
** We reserve the right to vary the continuing investment charge and may increase it up to a maximum of 2% per annum, but we will not do so before giving investors 6 months’ written notice.
Investments are subject to investment risks including the possible loss of the principal amount invested.
Past performances of the Fund, the Underlying Fund, Fund Manager and the Investment Manager are not necessarily indicative of future or likely performance of the Fund, the Underlying Fund, Fund Manager and the Investment Manager. A copy of the Fund Information Booklet and Product Highlights Sheet ("PHS") in relation to this Fund may be obtained from your Prudential Financial Consultant. You are advised to read the Fund Information Booklet and PHS before deciding whether to subscribe for units in this Fund.
The prediction, projections, or forecasts on the economy, securities markets or the economic trends of the markets targeted by the Fund are not necessarily indicative of the future or likely performance of the Fund. The value of the units in the Fund and any income accruing to the units, if any, may fall or rise.
You are recommended to seek advice from a qualified Prudential Financial Consultant for a financial analysis before purchasing a policy suitable to meet your needs. This information contained in this website is for reference only and not a contract of insurance. The exact terms and conditions, specific details and exclusions applicable to this insurance product are stated in the policy documents that can be obtained from a Prudential Financial Consultant.
Information correct as at 6 December 2013.