Introducing the enhanced Monthly Wealth Report
The new Wealth Report presents enhancements that deliver greater clarity on your portfolio's performance.
- Segregation of your day-to-day banking holdings/transactions from your investment holdings and returns
- Incorporation of your Wealth Portfolio(s) based on its Net Asset Value
- Revised display of your Wealth Portfolio holdings based on the new Asset Classification Framework to easily filter the underlying asset structure, including a revision to the naming convention of Structured Investment / Structured Note holdings
‘What you have’ vs ‘What you owe’
Your cash/deposits and loans/credit cards are clearly segregated for easier understanding.
More comprehensive categorisation
Enjoy a better overview of all your investments in one report.
Information on CPFIA and SRS holdings
You can now view your CPF Investment Account and SRS holdings and balances as part of your monthly summary.
Only a summary of your CPFIA and/or SRS holdings are shown. If you have made investments using either of these balances held with us as the agent bank, do note that this may be cross-reflected (a) under the section showing your standalone investment holding account(s) in this Wealth Report; and (b) in your CPFIA and/or SRS balances in this Wealth Report as well. For fixed income instruments, the indicative market value does not include accrued interest. Please refer to your respective CPFIA and/or SRS statements for more details.
Clearer view of your portfolio asset allocation
Investments will be categorised by their underlying holdings. For example, a Unit Trust/Mutual Fund with primary exposure to the equity market or an Equity-linked Structured Investment will be classified as Equities, while investments with primary exposure to government or corporate bonds will be classified as Fixed Income.
Market value of your assets
Investment assets will be based on indicative market values provided on a best-effort basis. Values in this report are calculated using unrounded numbers (including but not limited to FX rate, quantity, amount, price) in our systems. As the values are rounded when we present the data in this report, this may result in rounding differences.
Your wealth portfolio is presented using Net Asset Value (NAV)
NAV is defined as assets minus liabilities, calculated based on the indicative market values of assets held, in the reference currency of your portfolio, less your portfolio liabilities that includes revolving term loans and/or overdrafts drawn.
Net Asset Value
Net Asset Value (NAV) is defined as Assets minus Liabilities. NAV is determined by the indicative market values of assets held, in the reference currency of your portfolio, less of your portfolio liabilities that includes revolving term loans and/or overdrafts drawn.
Revised display of Wealth Portfolio holdings
- Investment positions will be classified by their underlying assets. The biggest change will be marked in our classification of unit trusts, where the underlying holding(s) of the unit trust will determine its classification. For example, if you have a unit trust where the underlying asset are mostly Fixed Income, it will be reflected under the section on Fixed Income.
- The naming convention for your Structured Investments and Structured Notes will be revised. The description will now comprise – in this order – the tenor, issuer, product type and ticker codes of the selected underlying counters.