WiseIncome Portfolio

Yes you can. Please refer to the FAQs section ‘Opening Joint Investment Accounts’ for more details.

You can invest using either cash or SRS. If you are investing with SRS, you will only be able to choose the ‘Grow and Invest’ option. You cannot use CPF funds to invest in WiseIncome.

You can invest as little as $1,000 in a lump-sum or $100 per month in a Regular Savings Plan (RSP) to accumulate towards for your retirement needs.

As dividends are declared and paid out from the Net Asset Value of the fund, the price of the fund is expected to drop correspondingly by the amount of dividends declared immediately after the Record Date (i.e. dividend declaration date). This is normal behaviour and it does not mean that you have sustained a loss on your investments.

For example, if the fund price is $10 per unit and it declares a dividend rate of $1 per unit, then the fund price will drop to $9, all else equals.

If you have chosen to reinvest your dividends, these dividends will be used to buy additional units into WiseIncome within 14 business days from the Record Date. In doing so, your portfolio value will increase by these additional units purchased.

If you have chosen to receive your dividends in cash, the amount will be credited into your cash account on the first business day of Aug, Nov, Feb and May respectively. The sum of these dividends received over time will be factored when calculating the total returns of your portfolio.

Your actual quarterly payout will be based on the dividend per unit (DPU) declared by the fund on record date. The amount that will be credited to your cash account is the DPU x the number of units of WiseIncome held on record date.

If you would like to estimate your quarterly payout amount, multiply 1.125% (4.5% divided by 4)or 2% (8% divided by 4) by your current portfolio value. Do note that your payout amount is based on a percentage of your net asset value or portfolio value and not capital invested.

For example, if you had invested $100,000 in WiseIncome and chose the 4.5% p.a.* payout option, if your portfolio value had not moved at the end of one quarter, your estimated payout amount will be 1.125% x $100,000 = $1,125.

If your portfolio value had increased to $110,000 instead, your payout will be more, i.e. 1.125% x $110,000 = $1237.50. On the other hand, if the portfolio value went down to $90,000, you will get 1.125% x $90,000 = $1012.50.

The portfolio value is not guaranteed as all investments come with risk. However, if you have a time horizon of at least 8 years, you can be reasonably confident of being able to preserve value.

*While the fund manager intends to distribute 4.5% p.a. payout for the R share class, the fund manager has the discretion to deviate from this including reducing payout to achieve sustainability of the fund in the interest of unit holders, or alternately, paying a higher rate of up to 4.8% p.a. in some years.

Please refer to Fund Prospectus or Product Highlights Sheet for more information.

Your online orders have to be placed and funded by 3pm Singapore time every weekday.

As with any other investments, investing in Fullerton MoneyOwl WiseIncome exposes you to market risk, and returns are not guaranteed. While the fund manager intends to distribute *4.5% p.a. payout for the R share class, the fund manager has the discretion to deviate from this so as to achieve sustainability of the fund. The 8% p.a. for the R1 share class is fixed.

Any distributions made (whether out of income and/or capital) may cause the Net Asset Value of the Sub-Fund to fall. Furthermore, distributions out of the capital may amount to a partial return of your original investment and may result in reduced future returns for you.

*While the fund manager intends to distribute 4.5% p.a. payout for the R share class, the fund manager has the discretion to deviate from this including reducing payout to achieve sustainability of the fund in the interest of unit holders, or alternately, paying a higher rate of up to 4.8% p.a. in some years.

Please refer to Fund Prospectus or Product Highlights Sheet for more information.

The fund will declare dividends on the record date which falls on the last day of the calendar quarter, i.e. 31 March, 30 June, 30 September, and 31 December. Trades that are not placed by the record date will not be eligible for dividends for that quarter.

You will receive the payouts into your cash account on the first business day of May, August, November, and February, respectively.

Example:

If you were to invest in Fullerton MoneyOwl WiseIncome for the first time on 1 April, the first dividend will be declared on 30 June and you can expect to receive your cash on 2 August as 1 August is a non-business day.

For share class R (i.e. 4.5% payout option):

The fund will declare a quarterly distribution of about 4.5%* p.a. (i.e. 1.125% per calendar quarter) of the portfolio value with potential to distribute up to 4.8%* p.a. during periods of outperformance. This dividend will be paid out of income received by the fund and/or capital. The fund manager has full discretion to vary the payout rate to sustain the longevity of the fund. For this share class, there is a choice to either receive or reinvest the payouts.

For share class R1 (i.e. 8% payout option):

The fund will declare a fixed quarterly distribution of 8% p.a. (i.e. 2% per calendar quarter) of the portfolio value out of the income received by the fund and/or capital. The amount paid out of capital, if any, would be substantially higher than the *4.5% payout option and over time could lead to a reduction of the portfolio value. There is no option to reinvest the payouts for this share class.

*While the fund manager intends to distribute 4.5% p.a. payout for the R share class, the fund manager has the discretion to deviate from this including reducing payout to achieve sustainability of the fund in the interest of unit holders, or alternately, paying a higher rate of up to 4.8% p.a. in some years.

Please refer to Fund Prospectus or Product Highlights Sheet for more information.