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Anonymous

23 Feb 2021

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General Investing

If making unit trust investment via POEMS, is it better to open Cash Plus Account or Cash Management Account?

If making unit trust investment via POEMS, is it better to open Cash Plus Account or Cash Management Account? If there is no difference, which account would be a better choice considered making other investments like stock in the future?

POEMS by PhillipCapital

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POEMS

23 Feb 2021

Dear,

For Unit Trust, both Cash Plus and Cash Management accounts offer zero sales charge, zero switching fee and zero platform fee.

For stock trading, Cash Plus account offers competitive commission rates as low as zero for US shares trading. You may find out more at www.poems.com.sg/cash-plus

However, do note that Cash Plus account does not link to CDP (Central Depository Account).

If you need assistance, kindly contact us at [email protected] or call 64388810 :)

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