Philips Securities Junior Share Builders Plan

Want to give your little ones a head start in life? You may want to consider the Junior Share Builders Plan introduced by Philips where you can start from as little as S$100/month per counter to build a portfolio of shares from 20 blue chip counters below. No more procrastination to build an education fund or the downpayment to your little one's first property.

1. CapitaLand
2. Keppel Corp
3. SembMarine
4. ST Engineering
5. CapitaMall Trust
6. Keppel Land
7. SGX
8. Starhub
9. City Development
10. NOL
11. SIA
12. STI ETF
13. DBS
14. OCBC
15. SingTel
16. UOB
17. GLP
18. Sabana REIT
19. SPH
20. Venture

This is a regular fixed dollar amount investment plan which has no lock-in period and allows you to take advantage of dollar cost averaging method to build up your portfolio by investing consistently over time at an average entry cost instead of trying to time the market.

Handling fees of $6 are charged for <=2 counters and $10 for >=3 counters for total investment amount of S$1,000 or less. For investment amounts of >$1,000, 0.2% or $10 is charged. Dividend charges of 1% on net dividend subject to minimum of $1, capped at $50 is charged. For scrip dividends and other corporate action, $10 is charged.

Please refer to the website for more details.

For similar investment opportunities offered by OCBC and POSB, please refer to my previous posts.