SGD / tokenized money market fund

Tokenized Phillip Money Market Fund Class I SGD

issued by Phillip Capital Management (S) Ltd. inferred

not published

published yield

n/d

size

not established

can you hold it

The terms

Issuer: Phillip Capital Management (S) Ltd
Jurisdiction: Singapore
Chains: not established
Contracts: No contract address could be established from public sources. That is a disclosure gap on the issuer, and it is recorded as one.
Yield basis: No performance data published, POEMS shows N/A across all periods and a N/A 12-month dividend yield source
Size: Not disclosed on any source we could read.
Minimum: SGD 50,000 initial; SGD 100 subsequent; minimum redemption 100 units
Who may hold it: Cash accounts only on POEMS (no CPF-IA or SRS); PhillipCapital's tokenised MMF programme gives professional and accredited investors immediate access with retail access via POEMS 'in upcoming releases' source
Redemption: Daily dealing, 3:00pm Singapore cut-off source
Cost to enter: 0.00% sales charge, 0.00% annual management fee, 0.00% expense ratio as displayed on POEMS, these zeros look like unpopulated fields on a new record rather than real terms
Transferability: Not established. No issuer document or explorer we could read says whether this token can be transferred, so we cannot tell you whether you would be able to hold it.
Secondary liquidity: None found.

What we think you should know

FLAG THIS ROW. A fund with exactly this name is listed on POEMS (PhillipCapital's own retail platform) fund finder as of 5 Aug 2026 with a real SGD 50,000 minimum. But PhillipCapital's own launch press release of 5 Nov 2025 for the Tokenised Phillip USD Money Market Fund (tMMF-USD) says only USD is tokenised and that 'the same modular tokenisation infrastructure is expected to support future product innovation, including SGD-denominated funds', i.e. SGD was roadmap, not live, as of Nov 2025. The POEMS record has no performance history, no AUM, and all-zero fees, which is consistent with a very recently created share class. Separately, Phillip Capital Management's own page for the (non-tokenised) Phillip Money Market Fund shows S$2,310m fund size at 30 Jun 2026 and a 1.5555% 7-day annualised yield at 29 May 2026, that is the CONVENTIONAL fund and I have not attributed it to the tokenised class. I could not establish which blockchain, whether the tokenised SGD class has any assets, or whether it has actually opened for subscription. Confidence is 'inferred': existence inferred from the distributor's own product record plus the issuer's stated roadmap.

Sources

Other SGD instruments

Instrument	Ccy	Type	Yield	Size	Access	Confidence
OCBC Bespoke Tokenised Bonds	SGD	tokenized government debt	not published	n/d	private ledger	verified
StraitsX Earn, XSGD balance XSGD (underlying token)	SGD	lending deposit	1.00%	n/d	cannot be held	verified