Exchange Traded Funds Regular Savings Plan

General FAQs

  1. What is an Exchange Traded Funds Regular Savings Plan (RSP)?

    An RSP enables you to buy units of an ETF through a disciplined approach by investing fixed investment amounts regularly each month. It allows you to accumulate a portfolio for yourself at a potentially reduced cost, without the need to start with a huge initial capital.

  2. Who is eligible to set up an Exchange Traded Funds Regular Savings Plan (RSP)?

    You will be eligible if:

    1. You are at least 18 years of age at the date of application

    2. You are not a US Person (as defined in the Terms and Conditions Governing Investment in Funds)

  3. Is there a minimum amount to invest monthly?

    There is no minimum initial investment amount required for an Exchange Traded Fund Regular Savings plan. However, there is a minimum monthly investment amount for an Exchange Traded Fund Regular Savings Plan is S$100 and in multiples of S$100. The maximum numeric input is 13 digits.

    You can start investing without having to begin with significant capital. The minimum investment is an affordable S$100 a month into either the Nikko AM Singapore STI ETF or the ABF Singapore Bond Index Fund.

  4. When will my account be debited?

    1. For both the ETFs i.e. the Nikko AM Singapore STI ETF or the ABF Singapore Bond Index Fund, the monthly debiting from your savings/current account will be on the 15th of every month (or the next business day if the 15th is a non-business day).
    2. Please note that the respective debiting date is subject to change.
  5. How do I setup my Exchange Traded Funds Regular Savings Plan (RSP)?

    You can do so by following these steps:

    Step 1: Log onto your iBanking account

    Step 2: Mouse over “Invest” >> Click on “More Investment Services” >> “Set Up Exchange Traded Fund Regular Savings Plan (RSP)”

    Step 3: Select Invest Using “Cash” and the Exchange Traded Fund of your choice (Nikko AM Singapore STI ETF or ABF Singapore Bond Index Fund)>> Click on “Buy” >> Click on “OK”

    Step 4: Select Debiting Account >> Key in your intended Monthly Investment Amount >> Select Tax Status and Country of Birth >> You are advised to click on the hyperlinks to read the Prospectus and the Product Highlights Sheet carefully which contain details of the ETF that you had selected >> Click on “Next”

    Step 5: Review the Terms and Conditions

    Step 6: Confirm & submit your order

    Upon successful setup, the Bank will send you a confirmation letter to inform you that your investment into the POSB Invest-Saver is set up and when the first deduction will take place.

    For more information:

    Learn More