Protect your SG portfolio when markets dip
Stay invested and stay protected with Phillip-Nova MSCI Singapore Daily (-1X) Inverse Product (SGX: SSS).
The Phillip-Nova MSCI Singapore Daily (-1X) Inverse Product (SGX: SSS) is designed to deliver the inverse (-1X) of the daily performance of the MSCI Singapore Index (SiMSCI) — positioning it to potentially benefit when Singapore equities decline.
SSS shines during market downturns, so when markets turn defensive and risk-off flows emerge, SSS becomes a direct way to participate in downside moves.
Hedge your Singapore portfolio
Investors with long exposure to Singapore banks, airlines, REITs or blue chips can use SSS as a short-term hedge to offset portfolio drawdowns during volatile periods.
Trade volatility, without leverage
For traders who want to express a bearish view on Singapore equities without margin accounts or leveraged products, SSS offers a simpler alternative. No margin calls.
Designed for tactical positioning
Targets daily inverse returns. Best suited for short-term trades and active monitoring, especially during sentiment-driven selloffs.
When markets turn defensive:
Why SSS comes into focus
Singapore’s equity market is often viewed as resilient and stable. But even resilient markets experience phases of bearish sentiment, risk-off positioning, and short-term corrections.
Recent episodes of global uncertainty — from global tensions to tech-sector repricing and broader growth concerns — have shown how quickly sentiment can shift. During such periods:
- Banks could retrace as investors reduce cyclical exposure
- Airlines and industrials could soften
- Defensive positioning often increases
- Volatility rises
These may not always be structural breakdowns — they could also be sentiment-driven drawdowns.
That is precisely when the Phillip-Nova MSCI Singapore Daily (-1X) Inverse Product (SGX: SSS) comes into play.
Listed on the Singapore Exchange, SSS seeks to deliver the inverse of the daily performance of the MSCI Singapore Index through a futures-based synthetic strategy.
Who is SSS for?
1️⃣ The Hedger
If you hold Singapore equities for the long term but expect short-term weakness, SSS can help reduce portfolio volatility without selling your core holdings.
2️⃣ The Tactical Trader
If you anticipate downside momentum and want to trade Singapore’s volatility — but prefer not to use leverage or margin products — SSS provides a clean bearish expression.
Why SSS stands out in down markets
During downturns
🔴 Long-only portfolios struggle
🔴 Sentiment turns cautious
🔴 Volatility expands
SSS allows investors to
🟢 Potentially benefit from declines
🟢 Offset short-term losses
🟢 Stay invested while managing risk
🟢 Express bearish conviction without operational complexity
Important Consideration
SSS resets daily. This makes it a short-term tactical tool, not a long-term buy-and-hold strategy. Active management and disciplined timing are essential.
Bottom line: When markets are calm, SSS may sit quietly in the background. But when sentiment turns defensive and volatility rises, SSS becomes a product that shines.
It is not about predicting crashes.
It is about having the flexibility to respond when markets turn.
Why NOVA?
The NOVA Platform
- Access to Stocks, ETFs, Futures, Forex, CFDs, and more
- USD and SGD shares margin rate at only 4.5% p.a.
- Trade and invest on a single platform
- Access all contracts with just one account
- No custodian and platform fees
- Available on mobile, iPad, and desktop
- Charting powered by TradingView
No minimum funding required.
Can’t find LSS/SSS on NOVA?
1. Log in to the Client Portal
Access your account using your registered login credentials.
2. Go to “Update Particulars” → “Risk Profile”
Navigate to this section from your dashboard.
3. Complete and submit the form
Fill in your details and ensure all required fields are completed before submitting. You may be required to complete the SGX SIP Online Education Module.
4. Instant processing
Your submission will be processed instantly. In rare cases where further review is required, additional verification may be needed before your profile is updated.
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This fulfils the Customer Account Review (CAR) criteria mandated by the Monetary Authority of Singapore, and enables us to assess if you have the relevant knowledge or experience to trade in listed SIP products. The Customer Account Review (CAR) enables us to assess if you have the relevant knowledge or experience to trade in unlisted SIP products.
More information on CAR here.
1. Log in to the Client Portal
Access your account using your registered login credentials.
2. Navigate to “Add/Remove Exchanges” → “Trading Platform/s” → “Non-US Stocks”
Go to this section from your account dashboard.
3. Select SGX SIP Level 1
Tick the checkbox next to SGX SIP Level 1 to include it in your access.
4. Submit your application
Click Submit to complete your request. Access will be granted within 2 business days.
Should you require assistance, you may call our Client Service Desk at (65) 6538 0500, or email to nova@phillip.com.sg.