PRULink Singapore Cash Fund
The PRULink Singapore Cash Fund (the "Fund") aims to preserve principal value and maintain a high degree of liquidity while seeking to provide 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||Singapore Dollar Savings Deposit Rate|
|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**|
** 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.
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. 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. The information on 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.
The information contained on this website is intended to be valid in Singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore.
These policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policies is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
Information is correct as at 22 Aug 2019.
This advertisement has not been reviewed by the Monetary Authority of Singapore.