Affordable

Start investing in Exchange Traded Funds or Unit Trusts with as little as S$100 a month

5 Easy Steps

Setting up an Invest-Saver plan is quick and easy on POSB iBanking. No trading or CDP accounts required.

Ideal for Parents and Young Adults

Suitable for those who are new to investing and want to get a head start but simply do not have the resources nor know-how to monitor and time the market. Also a popular option amongst parents, who use it to build funds for their children’s education as well as retirement.

Zero Penalty

There is no lock-in period giving you the flexibility to top up your investment amount, for example when there is a bonus payout, terminate your plan or redeem your holdings via iBanking 24/7.

 

About Invest-Saver

A Regular Savings Plan (RSP) that lets you invests a fixed sum, from S$100 monthly, on a repeat mode. The dollars are deducted from your designated POSB account on the 15th of every month (or the next business day if the 15th is a non-business day) and invested into your choice of Exchange Traded Funds (ETFs) or Unit Trusts (UTs), helping you accumulate units of fund steadily and progressively.

 

Dollar-cost Averaging

This strategy where you invest a fixed sum regularly into the same choice of investment over a period, is known as dollar-cost averaging.

The investment takes place regardless of market conditions, so you buy more units when prices are low and lesser units when prices are high. Over time, the average cost of your investment could potentially be lower versus one-time, lump sum investment. It lets you hedge against market volatility by eliminating the need for speculating and timing the marketing.

Here’s an illustration of how an Invest-Saver (ETF) plan works:

Monthly investment amount S$300 - Sales Charge (of 0.82%) S$2.46
= Monthly nett investable amount S$297.54


  ETF Unit Price (as of 15th of the month) ETF Units Purchased* Total Invested Amount (incl sales charge) Uninvested Amount*

January

$3.27

90

$296.76

$3.24

February

$3.37

88

S$299.02

S$0.98

March

$3.47

85

S$297.41

S$2.59

April

$3.57

83

S$298.77

S$1.23

May

$3.67

81

S$299.73

S$0.27

Total

 

427

S$1,491.69

S$8.31

Average Unit Cost

   

S$3.49

 
Figures are for illustration purposes only.
* Uninvested amount will be credited to your designated POSB account within 3 business days. Applies to ETF only, which is not traded in fractional units.
 

Exchange Traded Funds or Unit Trusts

Both ETFs and UTs are funds that invest in a basket of assets such as stocks and bonds, making them a popular choice for diversification.

The key difference is how these funds are managed. ETFs are passively managed because they are designed to replicate the performance of an index, whereas UTs are professionally managed by fund managers who actively manage the assets within the funds with the aim to outperform the market.

Exchange Traded Funds   Unit Trusts

Take your pick from these 4 ETFs, each with different underlying assets:

Singapore Equity ETF
1. Nikko AM Singapore STI ETF

SGD Fixed Income ETFs
2. ABF Singapore Bond Index Fund
3. Nikko AM SGD Investment Grade Corporate Bond ETF

REIT ETF
4. Nikko AM-StraitsTrading Asia ex Japan REIT ETF

With Invest-Saver, you can choose an ETF or UT depending on your investment goal, style and risk appetite.

You can check out our extensive list of funds available for RSP subscription, depending on the type of exposure you want- Local, Regional or Global.

Examples include

  1. Schroder Asian Income
  2. Goldman Sachs Emerging Markets Corporate Bond Portfolio
  3. JPMorgan Global Income Fund

These are also Focus Funds, which are DBS’ top picks on positively-rated funds every quarter.

0.50% per transaction
ABF Singapore Bond Index Fund, or Nikko AM SGD Investment Grade Corporate Bond ETF

0.82% per transaction
Nikko AM Singapore STI ETF, or Nikko AM-StraitsTrading Asia ex Japan REIT ETF

Monthly Sales Charge

0.82% per transaction
across all funds

 

One Sales Charge

Zero platform fees and management fees. Instead a sales charge of 0.50% or 0.82% is deducted from your monthly investment amount – to buy, to process corporate actions and to safekeep the funds for you.

 

Accessible 24/7

Your Invest-Saver portfolio is accessible 24/7 on iBanking. Enjoy the flexibility of topping up your investment amount for example when there is a bonus payout, terminating your plan or simply redeeming your holdings.

 

Easy Set Up

Set up your Invest-Saver plan in 5 easy steps, on iBanking today.

You will receive an email confirmation upon successful set up, and notification of every subsequent transaction by mail or eAdvice.

Your ETF or UT units purchased via Invest-Saver will be held in the custody of POSB Bank.

 

FAQs

Setting up, managing and redeeming Invest-Saver

You can set up a POSB Invest-Saver plan if you are:

  • At least 18 years of age on the date of application
  • Not a US Person (as defined in the Terms and Conditions Governing Investment in Funds)

You can set up a Invest-Saver plan using your joint-alternate Current or Savings account. However, the Invest-Saver plan will be in the sole name of the applicant.


Simply log into POSB Invest-Saver and follow these 5 steps:

Step 1: Upon login, go to Invest > select More Investment Services

Step 2: Go to Make an Investment > Set Up Exchange Traded Fund RSP > Purchase Funds > go to Invest Using, choose Cash > Search for the full list of ETFs available

Step 3: Click on Info to view fund information.

Step 4: Click on Buy to purchase fund > select the Debiting Account, enter Monthly Investment Amount, Tax Status and Country of Birth > verify your inputs and Submit.

You are advised to click on the hyperlinks to carefully read the Prospectus and Product Highlights Sheet which contain details of your selected Fund

Step 5: Review Terms & Conditions and click on I Agree to confirm your Invest-Saver plan set up.


Simply log into POSB iBanking and follow these 5 steps:

Step 1: Upon login, go to Invest > select More Investment Services

Step 2: Go to Make an Investment > Set Up or Update Unit Trust Regular Savings Plan (RSP) > Purchase Funds > go to Invest Using, choose Cash > key in Fund Name or search using Fund House, Currency, Asset Class, Risk Profile, Geography/Theme > Search for the list of UTs available

Step 3: Click on Info to view fund information > Click on Buy to purchase fund

You will need to complete the Customer Knowledge Assessment (CKA) to ascertain your knowledge in the risks and features of Unit Trust – an unlisted Specified Investment Product, before any online purchase.

Step 4: Click on Buy to purchase fund > select the Debiting Account, enter Monthly Investment Amount, Tax Status and Country of Birth > verify your inputs and Submit.

You are advised to click on the hyperlinks to carefully read the Prospectus and Product Highlights Sheet which contain details of your selected Fund

Step 5: Review Terms & Conditions and click on I Agree to confirm your Invest-Saver plan set up.


The purchase price of ETFs will be based on end of day NAV declared by the fund house on the business day your account is debited. It may not be the same as the last traded price of the day.

You may refer to the issuer’s webpage for the NAV of the specific ETFs, which will be available on the next business day.

UTs operate on a forward pricing basis. This means that UT prices are only calculated at the end of the day after all investments and the cost of all transaction activities have been taken into account. The unit trust’ prices can be obtained by:

  • Clicking on "Rates" on the footer of the Bank's website.
  • Checking the major newspapers.

Your Invest-Saver portfolio is accessible 24/7 on POSB iBanking.

Step 1: Upon login, go to Invest > select More Investment Services > Make an Investment > Set Up or Update Unit Trust Regular Savings Plan (RSP)

Step 2: Select Investment Account and click Search

Step 3: Select the Fund of your choice (pen icon) and edit the Monthly Investment Amount

You are advised to read the Prospectus and Product Highlights Sheet carefully for a full understanding of your selected fund. Read the Terms and Conditions governing investment in funds and tick the checkbox before you continue with your application.

Step 4: Confirm and submit your order

The Bank will send you a confirmation letter to confirm when the change to your investment amount will take effect


Please ensure your designated POSB account is sufficiently funded before the 15th of every month (or next business day should the 15th be a non-business day).

We reserve the right to terminate your POSB Invest-Saver plan(s) after 2 consecutive unsuccessful deductions.


Step 1: Upon login, go to Invest > select More Investment Services > Manage Investments > Redeem Unit Trust or Exchange Traded Fund (ETF)

Step 2: Select Investment Account and click Search

Step 3: Select the plan you wish to redeem and click Sell

Step 4: Input the number of units to redeem, select Crediting Account > Country of Birth > Next to proceed.

Step 5: Click on I Agree to submit your order.

You will receive a confirmation letter to confirm the amount of your redemption proceeds.


Only UT holdings can be redeemed in fractional units.


For ETFs, it will be based on the average redemption price on the business day following your instruction, or such other day determined by the Bank in good faith and in a commercially reasonable manner.

The average redemption price is calculated by dividing the total proceeds from the units sold by the total quantity of units sold, based on the aggregated orders of all customers who sold their respective ETF units on the particular redemption date. All customers will be accorded the same average redemption price for the respective ETFs.

For UTs, it will be based on a single end of day price (NAV) declared by the fund house.

Upon redemption, the fund managers will buy back the unit trusts sought to be redeemed by the investor at a price based on the NAV price of the unit trust investment. Generally, most unit trust investments are valued daily and in some cases, weekly, monthly or quarterly.


Your account will be credited within T+7 business days from the date you submitted your redemption request.


Step 1: Upon login, go to Invest > select More Investment Services > Manage Investments > View or Delete Regular Savings Plan (RSP)

Step 2: Select Investment Account > Search

Step 3: Select the plan you wish to terminate (bin icon) and submit

We will send you a confirmation letter with details on your termination request.


Yes, you can terminate and leave the holdings in your account and redeem them at a later date. Alternatively, you have the option to reactivate your Invest-Saver plan again.

About Exchange Traded Funds

There are 4 ETFs for you to choose from:

Singapore Equity ETF
1. Nikko AM Singapore STI ETF

SGD Fixed Income ETFs
2. ABF Singapore Bond Index Fund
3. Nikko AM SGD Investment Grade Corporate Bond ETF

REIT ETF
4. Nikko AM-StraitsTrading Asia ex Japan REIT ETF


All the ETFs are listed on Singapore Exchange (SGX).


Managed by Nikko Asset Management Asia Ltd, with the investment objective of replicating the performance of the Straits Times Index (STI).

  • STI is a market value weighted index, made up of top 30 blue chip companies based on their market capitalisation and liquidity on SGX.
  • Let you gain exposure to STI in a single transaction, instead of investing in 30 blue chip companies individually.
  • Dividends (if any) would be paid semi-annually at the fund manager’s discretion.

The first bond ETF launched in Singapore and managed by Nikko Asset Management Asia Ltd that closely tracks the iBoxx ABF Singapore Bond Index.

  • This index comprises SGD bonds issued by the Singapore Government or Singapore Government-linked entities (e.g. Housing Development Board, Temasek, and Land Transport Authority), other Asian government, quasi-government or supranational organisations (e.g.Export-Import Bank of Korea, Korea Development Bank). .
  • Let you get exposure to a basket of majority AAA-rated Singapore government bonds – the only Asian country that has the highest AAA credit rating.
  • Dividends (if any) would be paid annually at the fund manager’s discretion.

Managed by Nikko Asset Management Asia Ltd, this ETF aims to replicate the performance of the FTSE EPRA Nareit Asia ex Japan Net Total Return REIT Index

  • Diverse portfolio including financial & tech hubs, hospitals, residential & industrial properties, malls and hotels, across Asia ex Japan.
  • Dividends (if any) would be paid quarterly at the fund manager’s discretion

Managed by Nikko Asset Management Asia Ltd, with the investment objective to track the performance of the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index

  • a basket of AAA- to BBB-rated bonds by established institutions (e.g. HDB, PUB, and LTA)
  • Dividends (if any) would be paid annually at the fund manager’s discretion.

All ETF carries significant risks as it is a narrowly focused fund that invests solely in the underlying components. Some of these risks include:

  • Market Risk - as the ETF tracks the performance of the index, investors will be exposed to unit price fluctuations due to a number of factors; including, without limitation, the price fluctuations of the constituent stocks within the Index.
  • Liquidity risk -although units in the ETFs are listed on the SGX-ST, investors should be aware that there can be no assurance that active trading markets for units will develop, nor is there a certain basis for predicting the actual price levels or volumes in which units may trade.
  • Tracking error risk - changes in the price of the ETF are unlikely to replicate the exact changes in the index due to factors such as fees, expenses, liquidity of the market and changes to the index. The ETF’s returns may therefore deviate from those of the Index.
  • Risk associated with the investment strategy of the ETF / lack of discretion by manager to adapt to market. Unlike many conventional unit trusts, ETFs are not actively managed. Therefore, it will not adjust the composition of its portfolio except to closely correspond to the duration and total return of the Index. The ETFs does not try to “beat” the market, it tracks and does not seek temporary defensive positions when markets decline or are judged to be overvalued.

Note: This list is not exhaustive. Please refer to the respective ETFs’ offering documents for the full list of risks.

Dividends

Monies from coupons, dividends, cash offers, rights issue, and other corporate actions will be credited into your designated DBS/POSB debiting account.

 

Important Information

In all other jurisdictions where the DBS/POSB iBanking website(s) is/are accessible by its residents or entities, it is intended for use by corporate, institutional, professional, wholesale and other qualified investors in accordance with the laws and regulations of such jurisdictions.

The material and information contained herein is for general circulation only and does not have regard to specific objectives, financial situation and particular needs of any specific investor individual and/or entity (collectively referred to as investor), wherever situated. The material and information contained herein does not constitute an offer, invitation, recommendation or solicitation of any action based upon it and should not be viewed as identifying or suggesting all risks, direct or indirect, that may be associated with any investment decision. Prospective investors should seek advice from a financial adviser regarding the suitability of the product before making a commitment to purchase the product. In the event that the prospective investor chooses not to seek such advice, he/she/they should carefully consider whether an investment in the said securities is suitable for them in light of their own circumstances, financial resources and entire investment programme.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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