Frequently Asked Questions

Share Builders Plan (SBP)

What is dollar-cost-averaging method of investment?

By investing a fixed amount of funds consistently every month over a period of time, dollar cost averaging benefits you regardless of price fluctuation. You purchase more units when the price is lower and fewer units when the price is higher. This investment method is known as dollar-cost averaging. And it is especially useful in hedging against market volatility. With such a disciplined and consistent method, you will eventually build up a portfolio of stocks in average cost.

Who is eligible to apply for SBP?

Anyone above the age of 18 years old can apply for SBP.

Individuals below the age of 18 years old must open a joint SBP with their parent/legal guardian.

Does SBP allow joint application?

Yes, SBP allows joint application. Either one of the specimen signature of both applicants’ is authorized and empowered to act in accordance to the terms and conditions binding SBP.

For joint application with a child below 18 years old, a copy of the birth certificate must be submitted during application.

Can I use CPF or SRS for SBP?

No, you cannot use CPF or SRS funds for SBP investment.