
With the rising cost of living, your CPF alone may not be sufficient to provide for your future needs - be it for your retirement or for your children's education. A monthly investment plan enables you to accumulate assets to achieve a rate of return exceeding inflation and bank deposits, which could be used to provide for your future needs.
Monthly Investment Plan is designed for the investor to put aside a fixed amount of money regularly every month into a unit trust. When you invest regularly, you employ a powerful investment principal: Dollar Cost Averaging. By investing fixed amounts at regular intervals, you are buying more units when the price is low & fewer units when the price is high, allowing you to reduce your average cost (versus average price) in a volatile market.
To start your Monthly Investment Plan (MIP), all you need to do is to invest the initial amount, which starts as low as S$1,000, depending on the fund. Subsequent MIP contributions through direct account debit can start from a minimum of S$100.
Investment involves risk. The prospectus of the funds should be read for further details. The price of units or shares and the income from them may go down as well as up and any past performance figures shown are not indicative of future performance. The information contained on this web site is intended for Singapore residents only and should not be construed as a distribution, an offer to sell, or a solicitation to buy any securities in any jurisdiction where such activities would be unlawful under the laws of such jurisdiction, in particular the United States of America and Canada. Please refer to the full Unit Trust disclaimer for further important details.
Call us on 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas