Unit Trusts (Mutual Funds)
Diversify your investment portfolio with Unit Trusts (also known as Mutual Funds). These are a class of managed funds where your money is pooled with other investors to form a fund that is managed by a professional manager and invested into a variety of assets to meet specific investment objectives.
Unit Trusts allows you to:
- Diversify your portfolio
- Manage your risks
- Invest in increasingly complicated financial markets at a low minimum investment amount
Features & Overview
Buy and sell Unit Trusts conveniently on Citibank Online.
Invest from S$100 with a monthly Regular Savings Plan (RSP).
Switch your investments between Unit Trusts.
Track your Unit Trusts portfolio with ease.
Access to Fund Explorer, an analytical tool for Unit Trusts.
Compare against Citi's Model Portfolios.
Invest in a portfolio of assets such as stocks and bonds at a fraction of its cost. You can easily buy in to a portfolio of investments, which would otherwise be extremely expensive.
The mix of investments within a portfolio across different sectors, geography, asset classes and more, reduces the risk of investing as compared to holding a few individual assets.
By investing in Unit Trusts, your investments will be managed professionally by fund managers from respective fund houses, who seek to maximise returns and minimise risk by analysing opportunities based on their experience and research.
- Aberdeen Asset Management Asia Limited
- AllianceBernstein (Singapore) Ltd
- Allianz Global Investors Singapore Limited
- Amundi Singapore Limited
- BlackRock Investment Management
- BNP Paribas Investment Partners
- DWS Investment S.A.
- Eastspring Investments
- Fidelity Worldwide Investment
- First State Investments (Singapore)
- Henderson Global Investors (Singapore) Ltd
- JPMorgan Asset Management (Singapore) Ltd
- Legg Mason Asset Management Singapore Pte Limited
- Manulife Asset Management
- PIMCO Asia Pte Ltd
- Schroder Investment Management (Singapore) Ltd
- Templeton Asset Management (Singapore) Ltd
- Threadneedle Investment
- UBS Global Asset Management
- UOB Asset Management Ltd
Open a Mutual Fund Account online
- Login to Citibank Online with your User ID and Password.
- Click on Services → Investment services → Open a Mutual Fund account.
- Select a relationship number and debiting account(s) for your mutual fund transactions.
- Confirm your selection and your Mutual Fund account will be opened.
Update your Investment Risk Profile and Customer Knowledge Assessment (CKA) online
- Login to Citibank Online with your User ID and Password.
- Click on Services → Investment services → My Risk Profile.
- Select a relationship number and choose your funding account.
- Complete the Investment Risk Profile Form and click on Know My Profile.
- For updating of your Customer Knowledge Assessment (CKA), please click on Update My CKA after your risk profile has been updated or click on Customers Declaration Forms under Investment Services if your risk profile is up-to-date.
Invest in Unit Trusts online
- Login with your User ID and Password.
- Click on Wealth Management → Unit Trusts → Trade Now.
- Select "Buy" and select your preferred Unit Trust.
- Select your debiting account and investment amount.
- Upon confirmation, your subscription order will be sent for processing.
Set up a Regular Savings Plan (RSP)
- Login with your User ID and Password.
- Click on Wealth Management → Unit Trusts → RSP.
- Select the Mutual Fund you would like to use and fill up your preferences.
- Upon confirmation, your RSP instruction will now be active.
Note: A valid Investment Risk Profile and Customer Knowledge Assessment are required. You may access these on Citibank Online or visit any of our Citibank Branches.
Compare historical performances and risk-return profiles across selected Unit Trusts.
View a snapshot of fund information, including risk, return and exposure analyses.
Access to our repository of fund documents.
Need a demo on how to navigate Fund Explorer? View these videos:
1. Using Fund Explorer to search for funds
2. Using Fund Explorer to compare between funds
Investment portfolios to match your risk profile
How does Asset Allocation Work?
Asset allocation is the process of determining how much to invest in different asset classes such as stocks, bonds, and alternative investments like hedge funds and commodities.
While the asset allocation approach is based on portfolio optimization which aims to minimize the risk for any given level of return, it does not eliminate risk or capital loss, or promise any predetermined return or risk level.
The Value of Advice
To help you achieve your goals, we are happy to share Citibank Model Portfolios that can help you diversify your investment portfolio, and serve as an asset allocation reference tool for both periodic evaluation and prospective investments.
Developed by Citibank's in-house investment specialists, the Citibank Model Portfolios provide you with:
- Globally diversified asset allocations, made uniquely relevant for Asian investors.
- Up-to-date asset allocations which are reviewed and revised periodically by Citibank's Research Teams to reflect changing market conditions.
- Access to our best-in-class research from the Citi Global Investment Committee.
From helping you build your wealth to protecting your assets, our comprehensive suite of world-class products offers solutions for every wealth management objective.
VERY AGGRESSIVE / SPECIALIZED
Clients can access the tool with their Personal Bankers/ Relationship Managers. Citigold and Citigold Private Clients can access the tool on Citi Mobile® App or Citibank Online.
The report analytics assumes that the weighting of the portfolios' individual investments are rebalanced quarterly.
Asia Model Portfolio Disclaimers
This section shows the revisions to asset allocations decided by Citibank Asia Model Portfolio Committee on 29 December 2017.
Citibank's Asia Model Portfolios provide a guide to possible diversification of investment portfolios and serve as an asset allocation reference tool both for periodic evaluation and prospective investments. Citibank Model Portfolios are developed by Citibank's in-house Global and Regional investment specialists to cater to investors with various risk profiles (based on Citibank's risk assessment) and provide them with:
- Diversified asset allocations, made uniquely relevant for Asian investors.
- Up-to-date asset allocations which are reviewed and revised periodically by Citibank's Research teams to reflect changing market conditions in respect of relevant asset classes.
- Access to our best-in-class research from the Global Investment Committee.
It is important to note that while Citibank Model Portfolios represent Citibank's best thinking in terms of asset allocation and diversification, they serve only as a guideline for investors based on certain risk profiles. Market movements, changing market views, time horizons and liquidity constraints (among others) may result in a portfolio's asset allocation deviating from the model allocation.
Citibank does not monitor and/or manage individual customer portfolios. For a long term investor, it is advantageous to diversify his/her investment portfolio and consider using Citibank Model Portfolios as a reference in diversification reviews. The suggested allocations are intended to be general in nature and are not to be construed as specific investment advice. Investors are encouraged to consult with their Relationship Managers to determine their allocation needs based on their risk tolerance, suitability and goals.
Model Portfolio Disclaimers
Investment products are (a) not insured by any government agency; (b) not a deposit or other obligation of, or guaranteed by, the depository institution; and (c) subject to investment risks, including possible loss of the principal amount invested. Past performance is not indicative of future results: prices can go up or down.
This is neither an offer nor solicitation to purchase or sell any security, other investment or service or to attract any funds or deposits. This document does not constitute the distribution of any information or the making of any offer or solicitation by any one in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such document or make any offer or solicitation. Investors investing in investment products denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal. Investment products are not available to US Persons and may not be available in all jurisdictions.
Portfolio diversification is an important element for an investor to consider when making investment decisions. Concentrated positions may entail greater risks than a diversified portfolio. Certain factors that affect the assessment of whether your overall investment portfolio is sufficiently diversified may not be evident from a review of only your account with Citibank. It therefore is important that you carefully review your entire investment portfolio to ensure that it meets your investment goals and is within your risk tolerance, including your objectives for asset and issuer diversification. To discuss your asset allocations and potential strategies to reduce the risk and/or volatility of a concentrated position, please contact your personal banker/relationship manager.
Citibank's Model Portfolio is not a program or offering, but is a diversification tool that is meant for reference purposes only. Model Portfolios are: (i) not binding on the part of the customers; (ii) not monitored by Citibank with respect to customers' individual investment holdings; and (iii) not personalized to the specific needs of any individual customer. Citibank's Model Portfolios are not available to US Persons and may not be available in all jurisdictions.
A Unit Trust (also known as a collective investment scheme) is a pool of money managed collectively by a fund manager. You invest in a Unit Trust by buying units in a trust. Your money will be pooled with that of other investors and invested in a portfolio of assets to achieve the investment objective of the Unit Trust. When a Unit Trust is first launched for sale, the price of each unit is usually fixed. If you invest in an existing Unit Trust, the price of each unit will be based on the market value of the underlying assets that the Unit Trust has invested in. The number of units you will receive depends on the amount of your investment less the sales charge you have to pay.
As Unit Trusts are generally considered medium to long-term investments, you should have the financial resources to stay invested in them for a reasonable period of time so as to gain the full benefits. If you need to convert your investments to cash in the short-term to meet specific needs, a Unit Trust may not be suitable for you.
You will need a Citibank checking / savings account and a Unit Trust account. You will also need to complete an Investment Risk Profile to determine if Unit Trusts is a suitable investment product for you.
You will be able to view your Unit Trust portfolio, buy / sell / switch / set up a Regular Savings Plan (RSP). You will also be able to open mutual fund accounts.
Yes. However, your account needs to be assessed for Customer Knowledge Assessment. Please contact your Personal Banker or Relationship Manager for assistance.
Yes. NAV is computed once a day based on the closing market prices of the securities in the fund's portfolio. If the transaction is placed and accepted before the fund's cut off time, the transaction will priced for the same day. If the transaction is placed and accepted after the cut off time, transaction will only be processed the next working day. The actual NAV will only be published 2 business days after the transaction date.
You can set up a Regular Savings Plan online to automatically subscribe into an investment fund on a monthly basis at a minimum amount of $100 over a period of time. The debit date indicated during the set up will take place unless it falls on a non-business day, debiting of funds will take place on the next business day.
All buy orders will be completed within 5 business days (T+5) from the day they are transacted. T is the transaction date of the buy order. Once the transaction process is completed, the units of the funds will appear under the investment holdings in your account. All units are priced based on the Net Asset Value of the transaction date.
The cut off time to process an online order is 4pm (Singapore time) on any business day. Orders placed after 4pm on a business day will be processed on the next business day. Orders placed on a non-business day will be processed on the next business day.
You can view your holdings by logging in to Citibank Online and click on Investments > Unit Trust > Portfolio Overview. You will be able to track the profit and loss of your investments easily as the current values of the funds are updated daily.
Redemption cycles would usually take up to 5 business days (T+5) from the day they are transacted. Once completed sales proceeds will be settled into your designated settlement account.
Yes, all settlements of transactions will need to be in the same currency. Therefore you will need to have the required settlement account set up for the transaction. Please contact your Personal Banker or Relationship Manager for assistance.
Only cash transactions for retail funds are available online. Please contact your Personal Banker or Relationship Manager for more information.
Transactions confirmed online cannot be cancelled. Please contact your Personal Banker, Relationship Manager or go to the nearest branch for assistance.
Initial sales charges will be up to 3% per transaction or as per the respective Unit Trust sales charge. You can view the charges in the pre-confirmation page when you are placing a Unit Trust order via Citibank Online. There are no charges for selling Unit Trusts.
Investment products are not bank deposits or obligations of or guaranteed by Citibank Singapore Limited, Citigroup, Inc or any of their affiliates or subsidiaries unless specifically stated. Investment products are subject to investment risks, including the possible loss of the principal amount invested. Past performance is not indicative of future results, prices can go up or down. Investors investing in investment and/or treasury products denominated in non-local currency should be aware of the risks of exchange rate fluctuations that may cause a loss of principal when foreign currency is converted back to the investors' home currency. This document / communication / presentation does not constitute the distribution of any information or the making of any offer of solicitation by anyone in any jurisdiction in which such distribution or offer is not authorised or to any person to whom it is unlawful to distribute such document or to make any offer or solicitation.
The listing of Unit Trusts above does not take in to account the investment objectives or financial situation of any particular person. Prior to entering in to a transaction, prospective investors should consult with their own legal, tax, financial, accounting and such other advisors to the extent they consider necessary, and make their own investment, hedging and trading decisions (including decisions regarding the suitability of the transaction) based on their own judgment and advice from those advisors. Investors should also read the relevant prospectus / offer documents (which are available upon request at branches of Citibank Singapore Limited) before investing in any Unit Trusts. All applications for Unit Trusts are subject to Terms and Conditions specific and must be made on the application forms accompanying the prospectus or otherwise prescribed by the issuer.
Investment products are not deposits, are not subject to the provision of the Deposit Insurance Act and Policy Owners' Protection Schemes Act 2011 of Singapore and are not eligible for Deposit Insurance Coverage under the Deposit Insurance Scheme.
Investment products are not available to U.S. persons and may not be available in all jurisdictions.