Frequently Asked Questions | SMART

Frequently Asked Questions

SMART Portfolios

No.  Your SMART portfolio is managed at the discretion of our investment managers to achieve optimal asset allocation based on your risk profile.  The optimal asset allocation may be adversely impacted if we allow our account holders to add, replace or sell off any of the individual securities held in their SMART portfolios.

Your SMART portfolio will be built and managed by our investment managers according to your risk profile:

(1) Low Risk with High Liquidity Needs or

(2) Moderately Aggressive Looking for Growth and Income or

(3) Aggressive Looking for Growth.

The portfolios for the different risk profiles will differ in the investment in different asset classes of Equities/Other and Fixed Income, with the portfolios for the more aggressive risk profiles having a higher exposure in Equity/Other than in Fixed Income.

Your SMART portfolio primarily invests in a diversified portfolio of Exchange-Traded Funds across geographical regions, countries and industry sectors.

Yes, you have direct ownership of the securities in your name.

You can view your portfolio online 24/7 at wm.phillip.com.sg.

Your SMART portfolio will be rebalanced as and when necessary according to the investment managers’ view of the prevailing market conditions.

Yes, you will receive monthly statements via wm.phillip.com.sg.

Yes, you may invest in more than one SMART portfolio and each portfolio will require a separate online application and risk profiling.

The SMART Portfolio performance is posted on the "Our Portfolios" page, under the "Portfolio Performance" section. 

SMART Portfolio was launched in Mar 2017.

Our clients are categorized into the following risk profile:

R1 – Low Risk With High Liquidity Need

R2 – Moderately Aggressive Looking For Growth and Income

R3 – Aggressive Looking For Growth

The Composite Performance is denominated in SGD. Composite Performance returns (the “Composite Returns”) for periods more than 1 year are annualised. The Composite Returns represent past performance and is not indicative of future or current performance which may be higher or lower. The Composite Returns are based on unaudited results of the composite which comprises of client accounts with invested portfolios that have been aligned with the investment mandate of this managed account service and include reinvestment of dividends and income and, is net of all fees except performance fees (if any) which are included only at year end. Individual portfolios returns may vary from the Composite Returns. There may be client accounts with portfolios that have not been aligned with this investment mandate and are not included in the computation of the Composite Returns.