Singapore, January 13, 2025 – Phillip Capital Management (S) Ltd, the manager of the Phillip SGD Money Market ETF, has announced a significant dividend distribution for its shareholders. The declared dividend of S\$0.78 per unit will be distributed to registered unit holders, with key dates and details outlined for investor action. This announcement is likely to attract investor attention and could influence share values.

Dividend Distribution Details

Shareholders of the Phillip SGD Money Market ETF should take note of the following important dates:

• Ex-Dividend Date: January 20, 2025
• Record Date: January 21, 2025
• Distribution Payment Date: February 21, 2025

The ETF, which is listed on the Singapore Exchange Securities Trading Limited (SGX-ST), has the status of a Designated Unit Trust, offering tax and operational advantages to investors.

Important Considerations for Shareholders

Phillip Capital Management has emphasized that while the dividend payout is substantial, investors need to be aware of several key factors:

• Dividend distributions are not guaranteed and are subject to the discretion of the fund manager.
• Payments may be made out of income and/or capital, which could result in a decrease in the net asset value (NAV) of the ETF.
• Past payout yields and payments are not indicative of future performance.

Additionally, the ETF’s units are traded like shares on the SGX-ST, and their market price may vary from the NAV. Investors should be aware that there is no guarantee of a liquid market for these units, and trading may occur at prices above or below the NAV. Units may even be suspended or delisted under certain circumstances.

Potential Share Price Impact

The announcement of a dividend distribution as high as S\$0.78 per unit could positively affect investor sentiment, attracting interest for its income-generating potential. However, shareholders and potential investors should consider the risks mentioned, including the possibility of NAV reductions and the liquidity constraints of the ETF. These factors may influence the ETF’s trading price on the SGX-ST.

Additional Information

Phillip Capital Management advises investors to read the Prospectus and Product Highlights Sheet (PHS) for further details. These documents are available from PCM or its Participating Dealers (PDs). Investors are also encouraged to consult a financial adviser to assess the suitability of this investment in light of their personal financial circumstances.

It’s important to note that the ETF is not offered to U.S. Persons, and its distribution is subject to compliance with applicable laws and regulations in various jurisdictions.