Aim Series

You can invest in Aim Series via any of the following ways:

• Purchase a new single premium or regular premium ILP
• Topping up into an existing ILP
• Switching funds within an existing ILP

The fund will be closed upon maturity.

You will be notified when funds are to be closed, due to maturity date or other reasons. You will be advised of your options. For funds that are closed, the default option is to reinvest the cash value from the fund that has been closed, to other appropriate funds in our absolute discretion to achieve a similar investment objective.

Aim Now Fund offers distribution. The distribution will be made out of the income, capital gains, and/or capital of the fund. The distributions are not guaranteed.

We intend to make semi-annual distributions of up to 2% of the next asset value on 31 May and 30 Nov each year (Declaration Dates). If these dates fall on a weekend/public holiday, the last business day before these dates (31 May & 30 Nov) will be taken as the Declaration Date.

The unit price of Aim Now Fund will be reduced accordingly after the distribution. The number of units available will remain the same, unless the distribution is reinvested into this fund.

The default option for distribution is to reinvest them at bid price into Aim Now Fund.

If you wish to encash the distribution, you will need to either indicate your choice in the application form or notify us in writing at least 30 days before the Declaration Date. A cheque would be sent to you within 45 days from the Declaration Date.

However, any distribution below S$50 has to be reinvested and encashment is not allowed. Also, any distribution from funds purchased using CPFIS/SRS monies, if applicable, will also be reinvested.

The unit prices for reinvestment will be determined on payout date, which would be within 45 days from the Declaration Date.

No, the insurance coverage is not affected by the distribution of Aim Now Funds.

No, the reinvestment of distribution from Aim Now Fund does not increase the insurance coverage.

Yes, withdrawal funds after they have been reinvested will reduce the insurance coverage.4

The cut-off time for approval of application and receipt of premium is 3.00 pm (Singapore time) on each working day (Monday to Friday), excluding weekends and public holidays).

Applications and/or premiums received by us after the cut-off time will be transacted based on the price prevailing as at the next working day.

We reserve the right to revise the cut-off time.2

The manager and sub-manager of the fund are Income and Schroder Investment Management (Singapore) Ltd respectively.

Incorporated in 1970, Income is one of the largest insurance companies in Singapore. In our 39 years of operation, we have matured into a leading insurer with assets of S$20.3 billion. Our highly qualified team manages funds with a long-term value approach. With a strong commitment to our Co-operative values, we also seek to achieve the best value for our policyholders.

Schroders is a leading global asset management company, whose history dates back over 200 years. The group’s holding company, Schroders Plc is and has been listed on the London Stock Exchange since 1959. Schroders’ aim is to apply their specialist asset management skills in serving the needs of their clients worldwide. With one of the largest networks of offices of any dedicated asset management company, and over 350 portfolio managers and analysts covering the world’s investment markets, they offer their clients a comprehensive range of products and services.

Schroder Investment Management (Singapore) Ltd was incorporated in Singapore and has been managing collective investment schemes and discretionary funds since 1992.