An Investment Fund (also known as a collective investment scheme) is a pool of money managed collectively by a fund manager. You invest in an Investment Fund 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 Investment Funds. When a Investment Funds is first launched for sale, the price of each unit is usually fixed. If you invest in an existing Investment Fund, the price of each unit will be based on the market value of the underlying assets that the Investment Funds 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 Investment Funds 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, an Investment Fund may not be suitable for you.

You will need a Citibank checking / savings account and an Investment Fund account. You will also need to complete an Investment Risk Profile to determine if Investment Funds is a suitable investment product for you.

You will be able to view your Investment Funds portfolio, buy / sell / switch / set up a Regular Savings Plan (RSP). You will also be able to open An Investment Fund account.

Yes. Take note that your joint account needs to be assessed for Customer Knowledge Assessment. Please contact your Personal Banker or Relationship Manager for assistance.

Yes. As NAV is computed once a day based on the closing market prices of the securities within the Fund's portfolio, the NAV that is reflected at the point of transaction reflects the last available historical price. If your transaction is placed and accepted before the Fund's cut off time, the transaction will be processed and priced for the same day. If the transaction is placed and accepted after the cut off time, the transaction will only be processed and priced for the next working day. The actual NAV will be available 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, in which case, 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 being 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 clicking on Investments > Investment Funds > 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. However, all settlements of transactions will need to be made in the same currency that the share class is denominated in. Therefore you will need to set up a settlement account denominated in the relevant foreign currency for the transaction. Please contact your Personal Banker or Relationship Manager for assistance.

Transactions confirmed online cannot be cancelled. Please contact your Personal Banker, Relationship Manager for assistance.

Online purchases are subject to sales charge of up to 1.5%. All sales charges are reflected on the pre-confirmation page when you place an Investment Fund order via Citibank online or the Citi Mobile^® App. There is no sales charge for redemption/selling of Investment Funds.