Monday 21 July 2014

OCBC Blue Chip Investment Plan (BCIP)

With a minimum of S$100 per month, you can start accumulating 19 blue chip shares listed on the SGX via OCBC's Blue Chip Investment Plan (BCIP). This helps you to avoid timing the market by using the dollar cost averaging method and is very convenient as you can manage your investments using OCBC Online Banking. Whether it is for your children's education or your retirement funds, you can finally embark on your investment journey by starting small.

For the buying and selling of shares, a fee of 0.30% of the investment amount or S$5, whichever is higher is charged for each transaction. The minimum of S$5 fee is waived till September 2014.

You can invest using either cash or SRS. For SRS, an additional S$0.54 processing fee per counter is charged.

The 19 blue chip shares included are as follows :

  1. CapitaLand Limited
  2. CapitaMall Trust
  3. Comfort Delgro Corporation Limited
  4. DBS Group Holdings Limited
  5. Global Logistic Properties Limited
  6. Keppel Corporation Limited
  7. Olam International Limited
  8. Oversea-Chinese Banking Corporation Limited
  9. SembCorp Industries Limited
  10. SembCorp Marine Ltd
  11. Singapore Airlines Limited
  12. Singapore Exchange Limited
  13. Singapore Press Holdings Limited
  14. Singapore Technologies Engineering Limited
  15. Singapore Telecommunications Ltd
  16. StarHub Ltd
  17. United Overseas Bank Limited
  18. Wilmar International Limited
  19. Nikko AM Singapore STI ETF (Exchange Traded Fund)

Please refer to the website for more details.

1 comment:

  1. This helps you to avoid timing the market by using the dollar cost averaging method and is very convenient as you can manage your investments using OCBC Online Banking. Whether it is for your children's education or your retirement funds, you can finally embark on your investment journey by starting small. how do do investment planning

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