POSB Invest-Saver is a Regular Savings Plan (RSP) that allows you to invest on a monthly basis via a GIRO arrangement. You will be investing in Nikko AM Singapore STI Exchange Traded Fund (ETF) which means that you will be investing in the 30 blue-chip companies in the STI Index (based on market capitalization).
The benefits are many. It is affordable, convenient, flexible and helps you to build up long term savings. You can start investing with as little as S$100 at 1% sales charge per transaction. No fees will be charged for selling the units. No CDP or securities trading account are required. You have the convenience of starting and managing your investments at any of the ATMs islandwide. You may buy and sell units anytime. There is no lock-in period.
No more excuse for not starting to build your nest egg due to lack of huge capital. Always remember that a journey of a thousand miles begins with a single step.
Please refer to the website for more details.
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