PHILLIP MASTER TRUST FUNDS

• Any individual over 18 years of age at the time of application, investing individually or as a joint holder using joint account;

• Any minor (i.e. any individual under 18 years of age) provided the investment is held by an adult as the principal holder and the minor as the joint holder;

• Any institution including a company, corporation, co-operative, trust or pension fund. Top>>

The cut-off times for the application are as follows:-

Phillip MASTER Equity Growth Fund

Phillip MASTER First Ethical Fund

• LumpSum Investment

• Bank-in

• Cheque

4.00pm

Base on the date the Manager in  receipt of the payment.

Base on the bank-in date of the payment into the Fund(s)'s account.

Base on bank-in date of the cheque for clearance

Phillip MASTER Money Market Fund

• LumpSum 
• Telegraphic Transfer
• Cheque

9.45am

The cooling-off right refers to the right of the investor to obtain a refund if he should change his mind about an investment he has made in any of the Funds if he so requests within the cooling-off period i.e. within six (6) Business Days of the date of his application. The cooling-off right is only given to an investor, other than those listed below, who is investing in any unit trust fund managed by the Manager for the first time:

(i)     a corporation or institution;

(ii)    a staff of the Manager; and

(iii)   persons registered to deal in unit trusts of the Manager.

Refunds for every Unit held following a request for a reverse of an application would be based on:

(a)     the NAV per Unit on the day the unit were first purchase; and

(b)     the Sales Charge per Unit originally imposed on the day the Units were purchased.

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Cash

• Cash Investment is advisable only at the Manager's office. Please obtain a payment receipt upon making your payment of investment.
• Cash can be deposited directly into our bank account as stated below at any Malayan Banking Berhad branches. A copy of the Deposit Slip must be send together with your application, either by fax or post.

Cheques / Bank Drafts

• Payment for postal application should be made by cheque only.
• Cheques and bank drafts must be drawn on a bank located in Malaysia in Ringgit Malaysia (RM), crossed and made payable to "Phillip Mutual Berhad" and attached to the application. Post-dated cheques will not be accepted.
• Payment by outstation cheques should include bank commission charges. Application for units will be processed on the date, which to be completed documents are received or deemed to have been received by Phillip Mutual Berhad (dealing cut off time will apply).
• Cheques can be deposited directly into our bank account as stated below at any Malayan Banking Berhad branches. A copy of the Deposit Slip must be sent together with your application, either by fax or post.
• Please note that the instruction to purchase Units will be executed on the date on which the completed documents are received or are deemed to have been received by us.

Telegraphic Transfers

• Telegraphic transfers should be remitted in Ringgit Malaysia (RM) to the bank account stated below.
• A copy of the receipt from the forwarding bank must be sent together with the application. Please note that any bank charges and/or other fees levied by the remitting bank for undertaking a telegraphic transfer will have to be borne by the investor.