How Can We Help You?
- Settlor (create the trust)
- Trustee (takes legal control)
- Beneficiaries (enjoy assets)
Metis SG is a wholly-owned subsidiary of Metis Global Group Limited (the "Group"). In addition to Singapore, the Group has already established offices in Hong Kong, the Cook Islands and Taiwan and employs close to 100 staff across these 4 countries. The Group's revenue has consistently recorded healthy growth rates averaging almost 30% year-on-year for the past 5 years and as of 31 December 2021, the Group acts as trustee in approximately 16,000 trust plans and has approximately USD 430 million of assets under trust. The Group's clientele is largely from Japan, South Korea and China and it hopes to leverage on its Singapore office to expand its clientele to Southeast Asia.
As a trustee, Metis SG is required to exercise reasonable care and skill in the discharge of its powers and the performance of its duties. In addition, Metis SG must exercise its discretion property and abide by the directions of the trust deed.
As a licensed trust company, Metis SG is required to maintain a professional indemnity insurance policy that covers all liabilities arising out of negligent discharge of the duties of Metis SG and is commensurate with the levels of risk of Metis SG's business.
As a licensed trust company, Metis SG is required to ensure that its clients' assets are kept distinct and in separate accounts from its own assets so that the trust assets do not form part of, or are not mixed with, its general assets. As such, your assets will not be used to fulfil or satisfy Metis SG's personal liabilities and obligations even if Metis SG were to become insolvent.
In addition, under Singapore law, Metis SG is required to inform MAS SG if it is or is likely to become insolvent, it is or is likely to become unable to meet its obligations or has suspended or is about to suspend payments. In such an instance, the MAS has the power to make certain directions to Metis SG which Metis SG will need to comply with or to assume control of and manage Metis SG's business or appoint one or more persons as statutory manager to do so.
For so long as any trust in respect of which Metis SG is a trustee remains in whole or in part unadministered, Metis SG would not be able to cease its trust business and/or surrender its trust business licence to MAS without the sanction of the court. As such, Metis SG would not be able to unilaterally determine that it would like to cease its trust business and/or surrender its trust business licence. Instead, if Metis SG wants to cease its trust business in Singapore, it would most likely enter into discussions with other trust companies who may be interested in acquiring Metis SG or transfer the whole of its trust business to a transferee. In both of these scenarios, there will be a change of trustee but your assets will continue to be held by the new trustee for the benefit of your beneficiaries.
- Regular Contributions
- Single Contribution
Our Trust plans are designed for retail investors, and are both easily accessible and affordable. With our Trust plans, you can enjoy the benefits of a Trust with monthly contributions from as low as SGD500.You Are in Control
Our Trust plans place the power of investment decisions in your hands. You will be able to decide on your investments, and have the ability to change your investment strategy at any time. There is also a wide range of investment options made available for you to accommodate your investment risk appetite.Assurance For You and Your Beneficiaries
Rest assured that the assets you place into our Trust plans will be administered in accordance with the terms and conditions of the Trust, and that your intentions will remain confidential even after the Trust assets have been distributed.
No. The Trust fund will not form part of the settlor’s estate.
Upon the death of the settlor or both settlors (in the case of joint application), Metis SG will distribute the Trust fund to the named beneficiary(ies) in accordance with the terms and conditions of the trust plan. In doing so, Metis SG would generally take reference from the settlor's letter of wishes.
The requisite documents have been set out under Resources > Forms.
Please refer to the document titled "Supporting Documents Required Under Specified Events"
We will pay out and distribute the proceeds in SGD by electronic transfer, within 45 calendar days after the Valuation Day, provided we have received the settlement proceeds from the manager, issuer or dealer of the relevant Asset.
Upon your death, the Contingent Investment Adviser (CIA) shall assume the reserve powers of investment and asset management. The CIA also has the power to appoint or nominate a successor.
In the absence of a CIA, the status of your investments will remain status quo as Metis SG does not have the power to exercise the reserve powers of investment and asset management. You may appoint a CIA either at the point of application for Metis' SG Trust plans or after the Trust plan has come into force. The CIA also has the power to appoint or nominate a successor.
"Incapacity" means with respect to any person any of the following:
(a) any inability to give reasoned consideration to financial or business matters, the existence of any such inability being determined by Metis SG by reference to advice given to Metis SG from a physician attending to such person's care at the relevant time;
(b) any inability to communicate freely as a result of kidnapping, forced confinement or any other form of coercion (such inability having been notified to Metis SG); or
(c) if such person cannot be located by Metis SG despite Metis SG reasonable endeavours to locate him for a period of six months,
and "Incapacitated" shall be construed accordingly.
SapphirePro offers flexible contribution frequencies and a wide range of investment options to accommodate a wide spectrum of investment risk appetite.
However, for the 1st contribution, only credit card payment is accepted (Visa/Mastercard)
- Additional Regular Contribution
- Additional Single Contribution
You may increase the regular contribution to your Trust plan by making additional regular contributions at a minimum regular contribution amount of $100 and payment must be made via Giro or Bank Transfer. The additional regular contribution must take effect at least five years before the Trust Plan CPT Maturity Date and will have its own initial contribution period. No Additional Regular Contribution will be accepted after the Trust Plan CPT maturity date. The table below illustrates the total minimum additional regular contribution amount for the contribution frequencies available:
An additional single contribution can be made at any time before the Trust plan CPT Maturity Date when the Trust plan is in force. The minimum additional single contribution is SGD 3,000 and payment must be made via Bank Transfer or cheque. No Additional Single Contribution will be accepted after the Trust Plan CPT maturity date.
- Bank Transfer
- Bank Transfer
- Trust Settlement Charge
- Administration Charge
- Trust Plan Fee
|Contribution Payment Term (CPT)||Initial Contribution Period (ICP)|
|5 to 18 years||First 18 months|
|19 years||First 19 months|
|20 years||First 20 months|
|21 years||First 21 months|
|22 years||First 22 months|
|23 years||First 23 months|
|24 years||First 24 months|
|25 years||First 25 months|
|26 years||First 26 months|
|27 years||First 27 months|
|28 years||First 28 months|
|29 years||First 29 months|
|30 years||First 30 months|
|CPT (years)||Average Monthly Contribution (SGD)|
|500 - 699||700 - 999||1,000 – 1,499||1,500 or above|
|5 to 9||-||-||0.1 x CPT||0.2 x CPT|
|10 to 19||0.2 x CPT||0.4 x CPT||0.5 x CPT||0.7 x CPT|
|20 to 24||0.7 x CPT||0.9 x CPT||1.0 x CPT||1.2 x CPT|
|25 to 30||1.2 x CPT||1.4 x CPT||1.7 x CPT||2.0 x CPT|
The table below illustrates the total minimum regular contribution amount for the contribution frequencies available:
The table below illustrates the total minimum additional regular contribution amount for the contribution frequencies available:
|Remaining years in CPT||Exit Charge Rate||Remaining years in CPT||Exit Charge Rate||Remaining years in CPT||Exit Charge Rate|
The Exit Charge shall be paid by cancelling the units in the initial account. The Exit Charge is equal to (i) the applicable Exit Charge Rate (as shown above) multiplied by (ii) the initial account value as at the date the units are cancelled.
However, an exit charge will not be applicable if the Trust plan is terminated after the end of the contribution payment term.
The maximum sum insured in the event of an accidental death is up to the 30 months involuntary exit charge on the respective tenure or maximum of S$20,000, whichever is lower.
CitrinePRO offers a wide range of investment options to accommodate the wide spectrum of investment risk appetite.
- Bank Transfer
- Bank Transfer
- where the average month-end Trust plan account value for the last 12 months prior to the Trust plan anniversary is between SGD50,000 and SGD149,999, the administration charge payable for the first month after the Trust plan anniversary will be waived;
- where the average month-end Trust plan account value for the last 12 months prior to the Trust plan anniversary is equal or greater than SGD150,000, the administration charge payable for the first and second month after the Trust plan anniversary will be waived.
- Trust Establishment Charge
- Administration Charge
- Exit Charge
For more details on all the applicable fees and charges, please refer to CitrinePRO’s terms and conditions.
|Remaining Months||Exit Charge Rate||Remaining Months||Exit Charge Rate||Remaining Months||Exit Charge Rate|
The exit charge shall be paid by cancelling the Units in the Trust plan account. The exit charge is equal to the applicable exit charge rate (as shown above) multiplied by the higher of the respective applicable contribution(s) or the value of the Units purchased with the applicable contribution(s) in the Trust plan account.
However, an exit charge will not be applicable if the Trust plan is terminated after the exit charge waiver date.
The maximum sum insured in the event of an accidental death is up to the 30 months involuntary exit charge on the respective tenure or maximum of S$36,000, whichever is lower.