1. Login to your account and go to Transact > Funds (Unit Trusts)
2. Search for the fund and click on “Buy” button.
3. Select the payment method and key in the monthly RSP amount.
4. Add product in cart and proceed to checkout.
5. Check on the Disclaimer & Verification box, enter login password to confirm order(s).

A special list of funds which allow investors to start investing without any initial investment amount at all. This means that for as little as S$100 per month, you can start your investment plan straight away and make your money work harder for you!

For the funds that are listed in RSP Special List
There is no minimum holding required.
You can view the full RSP Special List at Funds > Apply for RSP.

For the funds that are not listed in RSP Special List
You must first invest the required minimum initial investment amount before you can set up an RSP.

Once you have invested the initial investment amount, you can apply for an RSP with another payment method. For example: If you have made an initial investment in a fund using Cash, you may now apply for RSP in this same fund using CPFIS-OA/CPFIS-SA/SRS or vice-versa. Otherwise, the RSP will only commence after the initial purchase cycle is completed by T+4 business days.

• eGIRO/GIRO (Direct Debit Authorization - a deduction from your bank account)
• CPFIS-OA
• CPFIS-SA
• SRS
• Cash Account
• Auto Sweep Account (w.e.f 28 June 2021)

• Monthly

Your Unit Trust RSP (Regular Savings Plan) deduction may have failed due to one or more of the following reasons:

Insufficient Funds
There were not enough available funds in your designated Bank Account or Cash Solutions at the time of deduction.

Pending RSP Setup
Your RSP instruction is still in "active-pending" status, likely because it was submitted during our RSP freezing period and has not yet become effective.

Account Suspension
Your account may be suspended or restricted due to certain trading activities. Please check your account status or contact our Client Services team for assistance.

Important Note:
There is only one RSP deduction attempt per month for Unit Trusts.
Even if you top up your Bank Account or Cash Account after receiving the failed deduction notification, we will not perform a second deduction attempt for the same month.
We recommend ensuring that sufficient funds are available before the deduction date to avoid disruption to your RSP.

• The RSP will be terminated automatically after 3 consecutive failed RSP deductions. The RSP deductions may fail due to insufficient funds in the selected payment option. An email will be sent to notify the investors of the voided RSP. On top of this, FSM will also send a reminder email to you after 2 consecutive failed deduction and before the 3rd RSP deduction.
• The RSP will be terminated automatically if you are participating in the RSP and subsequently redeem all your holdings.
• The RSP will be terminated automatically with immediate effect if the mailing address is updated to U.S / Ireland / Canada address as there are some restrictions for the citizens/residents. Please click here to find out more.

• For new RSP application via CPFIS-OA/CPFIS-SA/SRS, it has to be submitted before 27th of the month for the RSP plan to commence from the following month. E.g. you need to submit your new RSP application before 27th March for the RSP plan to commence from the month of April. This is because between 27th of the month to 12th of the following month is the freezing period.
• To prevent the possibility of failed trades, the monthly deduction date for eGIRO, GIRO, CPFIS-OA, CPFIS-SA and SRS RSP deductions will be standardised at 3 business days before the RSP subscription date.
• The monthly deduction date from Cash Account/ Auto Sweep Account will be on 8th of every month. Please ensure there is sufficient available balance in the respective account before 8th of the month to avoid fail RSP deductions.
• RSP will be terminated automatically after 3 consecutive failed RSP deductions. An email will be sent to notify the investors of the voided RSP. On top of this, FSM will also send a reminder email to you after 2 consecutive failed deduction and before the 3rd RSP deduction.