There are 5 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 ETFs
4. CSOP iEdge S-REIT Leaders Index ETF
5. Nikko AM-StraitsTrading Asia ex Japan REIT ETF
All the ETFs are listed on Singapore Exchange (SGX).
Managed by Nikko Asset Management Asia Ltd, this ETF has the investment objective of replicating the performance of the Straits Times Index (STI).
The first bond ETF launched in Singapore and is managed by Nikko Asset Management Asia Ltd that closely tracks the iBoxx ABF Singapore Bond Index.
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
Managed by Nikko Asset Management Asia Ltd, this ETF has the investment objective to track the performance of the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index.
Managed by CSOP Asset Management, this ETF replicates as closely as possible, before fees and expenses, the performance of the iEdge S-REIT Leaders Index.
For ETFs purchased via RSP, there is no free look/cancellation period. It can be cancelled anytime with no subscription plan, as long as the cancellation is before the 15th day of the month.
The purchase price of ETFs will be based on the end-of-day NAV declared by the fund house on the business day which your account is debited. This price may differ from the last traded price of the day displayed at the point of purchase.
You may refer to the issuer’s webpage for the NAV of the specific ETF purchased. This will be available the next business day.
Your Invest-Saver portfolio is accessible 24/7 on DBS 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 from.
Please ensure that your designated DBS/POSB account is sufficiently funded before the 15th of every month (or the next business day if the 15th is a Sunday or Public Holiday).
We reserve the right to terminate your DBS/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.
Note: You will receive a confirmation letter to confirm the amount of your redemption proceeds. Settlement date is Trade date + 2 market day.
For ETFs, it will be based on the average redemption price on the business day following your instruction, or another 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.
Your account will be credited within T+2 business days from the date you submitted your redemption request.
No. Your RSP will still be active even after you have done a full redemption. To stop your RSP, you will have to terminate the plan.
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 and submit
We will send you a confirmation letter with details of your termination request.
Yes, you can terminate and leave the holdings in your account and redeem them later. Alternatively, you have the option to reactivate your Invest-Saver plan again.
Monies from coupons, dividends, cash offers, rights issue, and other corporate actions will be credited into your designated DBS/POSB debiting account. Dividends reinvestment is not available.
Your Invest-Saver’s monthly contribution amount will be recognised for the first 12 consecutive contributions per investment fund. The Invest-Saver plan must be purchased in cash after opening a DBS Multiplier account or enrolling in POSB Cashback Bonus. Investment transactions will be recognised as the Singapore dollar equivalent at DBS’s prevailing exchange rate.
Invest-Saver will be recognised in the same month if you sign up before the deduction date, which is the 15th of the month or the next business day if the 15th is a Sunday or Public Holiday. Else, it will be recognised in the next month.
For more information, please refer to the following FAQs:
Recognised transactions will be reflected in your Bank and Earn Summary 4 calendar days after the settlement date.
Example:
Deduction Date - 15 April (or next business day if 15th is a Sunday or Public Holiday)
Settlement Date - 17 April (2 working days, depending on fund house)
Recognition Date - 23 April (4 calendar days after the settlement date)