Mutual Funds Transfer-In Campaign

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Receive S$25 for every S$10,000 Mutual Fund Transfer

Mutual Fund Transfer-In

Campaign period: 17 January 2022 to 31 December 2022

List of mutual funds

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Terms and Conditions of the ProsperUs Mutual Funds Transfer-In Campaign (the “Campaign”)

  1. This Campaign is organised by CGS-CIMB Securities (Singapore) Pte. Ltd. (“CGS-CIMB”) and is valid from 17 January 2022 to 31 December 2022 (both dates inclusive) (“the Campaign Period”).
  1. This Campaign is open to all existing and new customers of CGS-CIMB.
  2. Clients will be eligible for cash rewards upon every successful transfer of mutual funds holdings of a certain value, from another brokerage to CGS-CIMB subject to fulfilling the applicable terms and conditions below.

Transfer-In Cash Reward

  1. Clients will receive a SGD25 cash reward for every transfer of mutual funds holdings equivalent in value to SGD10,000 into their ProsperUs account with CGS-CIMB for a holding period (“Holding Period”) of at least three (3) calendar months.
  2. For the purposes of this Campaign, the maximum cash reward that a client can receive in aggregate is capped at SGD2,500.
  3. Client’s transfer-in request must be received by CGS-CIMB during the Campaign Period in order for such client to be eligible for the cash reward.
  4. The cash reward will only be credited into the client’s ProsperUs Account after the requisite Holding Period, and provided that CGS-CIMB has verified that the transfer of mutual funds has been successful. CGS-CIMB shall not be liable to the client for any delay in crediting the cash reward nor shall CGS-CIMB be required to compensate the client in respect of any such delays.
  5. For the avoidance of doubt, and save as specified in these terms and conditions, the cash reward is non-transferrable and cannot be converted into other currencies or otherwise exchanged for value.
  6. The existing commission rates available at https://www.prosperus.asia/pricing/ will continue to be in force. All other fees such as clearing fees, SGX trading and settlement fees, GST, etc., shall continue to be borne by you.

Experiences

  1. As a further benefit, any client who makes a transfer of mutual funds holdings equivalent in value to SGD250,000 and above (in aggregate), during the Campaign Period shall also be entitled to enjoy a variety of curated experience(s) (the “Experiences”) such as lifestyle, well-being and dining experiences.
  2. The Experiences are selected by CGS-CIMB, and CGS-CIMB shall email the eligible clients to inform them of the Experience(s) which are available. However, as the number of available Experiences are limited, CGS-CIMB is only able to allocate the Experiences to the eligible client on a first come, first serve basis. Eligible clients are encouraged to respond to CGS-CIMB’s said email promptly to inform CGS-CIMB as to the Experience that they wish to select and the number of persons relating thereto. Eligible clients may claim their experiences with reference to the table below:
Mutual Fund Holdings Equivalent Value (In Aggregate) Number of Experiences Eligible to Redeem
Minimum SGD250,000 2
Minimum SGD500,000 3
Minimum SGD750,000 4
Minimum SGD1,000,000 6
  1. Notwithstanding that you may have informed CGS-CIMB of the Experience that you wish to select, the Experiences are subject to change without prior notice to you, and without CGS-CIMB having to disclose any reason to you. CGS-CIMB shall not be responsible to provide you with the Experience that you have selected, nor shall it be liable to compensate you in connection with an Experience, including but not limited to any change, cancellation or unavailability of an Experience which you selected.
  2. The Experiences are in relation to activities based in Singapore only, and the Experiences cannot be exchanged for cash or otherwise. The Experiences provided are further subject to the terms & conditions of the respective service providers providing the Experiences.

Other Terms and Conditions

  1. CGS-CIMB employees and representatives are not eligible for this Campaign.
  2. By participating in this Campaign, each participant is deemed to have read, understood and agrees to be bound by the foregoing terms and conditions of the Campaign, CGS-CIMB’s General Terms and Conditions, and the terms and conditions of any other agreement(s) that you may have entered into with CGS-CIMB.
  3. CGS-CIMB reserves the right in its absolute discretion to terminate, vary, delete or add to any of the Campaign’s terms and conditions herein, at any time without prior notice and without having to disclose any reason therefore and without any payment or compensation whatsoever to the client.
  4. CGS-CIMB, its affiliates, its and their respective employees, directors, officers, representatives and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this Campaign.
  5. The decision of CGS-CIMB on all matters relating to or arising from this Campaign (including the eligibility of any person to participate in this Campaign) is absolute, final and binding and no correspondence and/or requests to retract and/or to modify any such decisions shall be considered. In the event of any inconsistency between these terms and conditions and any marketing material relating to this Campaign, these terms and conditions shall prevail.
  6. CGS-CIMB reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  7. These terms and conditions are governed by and interpreted according to the laws of Singapore and the participants in this Campaign agree to submit to the exclusive jurisdiction of the courts of Singapore.
  8. This Campaign shall not be construed as an offer, recommendation or solicitation to buy or sell any securities. You are advised to make your own independent evaluation and to consult professional advisers before undertaking any transaction.