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If your 18th of the month falls on a non-market place day, acquiring on the counter are going to be finished on the following accessible sector day.
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In Phillip, we offer a daily fastened-dollar quantity financial investment system which allows you to purchase shares or unit trusts. By investing a set quantity of cash continually each month over a stretch of time, you may inevitably acquire a lot more units when selling prices are small and less models when rates are substantial.
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This expenditure technique is named greenback-Price tag averaging, and it is very helpful in hedging towards market place volatility wherever it lessens the risk of investing a considerable total in only one financial investment.
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The online proceeds allotted once the deduction of a nominal managing payment of SGD5.35, if any, will probably be credited into your SBP to kind Component of the excess funds and will be reinvested into your most popular counter. If you desire to to withdraw any excess resources from the SBP, you could possibly accomplish that by informing your respective investing agent at least 3 business days prior to the every month “Transaction” date.
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