How do I invest in Prudential Unit Trusts sub-funds?

You may utilise your funds in your CPF Ordinary Account, Supplementary Retirement Scheme (SRS) Account or cash savings.

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Where can I purchase Prudential Unit Trusts sub-funds?

Prudential Unit Trusts sub-funds are available through our distributors. Please click here to view our list of distributors.

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How much do I need to start my investment?

You can start investing from as little as S$1,000 and subsequently from S$100. Unit trusts cover a spectrum of investments and are run by professional managers, offering convenience at low costs.

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A regular savings plan is an affordable way to build your investments. You can apply for this facility from as little as S$100 a month by completing a GIRO/standing instruction form of any of our distributors.

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What are the fees and charges?

Upon purchase of a fund, you will be charged an initial fee, often called an "initial sales charge". Typically, this charge ranges from between 1.5% to 5% depending on the asset type of the fund. Other charges such as a "switching fee" and a "back-end fee" would also apply for some funds. These fees are deducted upfront from your investment amount.

Expenses incurred by the fund such as annual management fee, trustee fee, administrative fee and others are deducted from the funds.

For details on fees and charges, please refer to the fund prospectus.

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How will I know when my order is executed?

For cash transactions, you will receive a transaction advice in the mail generally within seven working days. If your transaction is placed before 3 p.m., your transaction will be valued (via forward-pricing) as of the close of that day.

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Can you explain forward pricing?

All funds have a daily cutoff time at 3 p.m., and all investments made on that day before 3 p.m. are valued as at the end of that day, with the manager using the securities valuations in the underlying markets to calculate prices. The Straits Times presently publishes the valuations of the funds every Monday i.e a Friday cash transaction before 3 p.m. will be printed on next Monday's newspapers.

You can also visit the Fund Facts section of this website to check the valuations of the funds in the evening of the next business day.

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How can I monitor the performance of my unit trusts?

You can keep track of the performance of your unit trusts in the major newspapers including our website at www.prudential.com.sg/unittrusts.

To keep you updated over the longer term, you will also receive semi-annual reports on Prudential Unit Trust's performance, as well as market reviews and outlook.

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They are available online and from our distributors. Prospectuses contain important information including investment objectives, management fees, charges, and other expenses. It is important to read the prospectus carefully before investing.

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Can I switch between sub-funds?

You may switch between Prudential Unit Trusts sub-funds i.e. sell your units in one sub-fund and reinvest the proceeds into another sub-fund on a common dealing day for the 2 sub-funds.

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Do I need to pay tax on profits?

At the unit trust level, no tax is payable on the following income:

• Interest (other than interest payable to non-resident persons from which tax has been deducted at source).
• Foreign dividends received in Singapore.
• Gains from disposal of securities.

However, non-residents should seek professional advice regarding the legal and taxation implications in their country of citizenship or residence.

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Prudential Unit Trusts, like many funds reinvest these gains; others hand back this money to unit holders through dividend distributions. To check if the fund you are purchasing has dividend distribution, please refer to the fund prospectus.

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