- Important Notes for Transactions
- About FSM Global
- Account
- Fees, Charges & Calculations
- Funds (Unit Trusts)
- Bonds
- Stocks & ETFs
- Managed Portfolios
- Cash Solutions / Parking Facility / Payments
- Regular Saving Plan (RSP) and Top-Up Plan
- Insurance
- FSMOne Debit Card
- Product Financing
- Security and Safety
- Estate Planning
- Others
About Regular Saving Plan
An RSP is a monthly subscription plan (on a fixed date) that enable you to invest a fixed amount of money into a particular investment product on a regular basis.
It uses the concept of dollar cost averaging, an effective strategy that avoids trying to time markets. By investing regularly, more units are bought when prices are low and less units when prices are high. As a result, in rising or fluctuating markets, the average cost for all the units can be lower than the average price during the same period.
It uses the concept of dollar cost averaging, an effective strategy that avoids trying to time markets. By investing regularly, more units are bought when prices are low and less units when prices are high. As a result, in rising or fluctuating markets, the average cost for all the units can be lower than the average price during the same period.
There is no minimum participation nor lock-in period for any RSP. At any time, you may submit a termination request online by going to My Account > Regular Savings Plan, click on 'Edit' button to terminate your RSP. There is no cancellation fee or penalty.
For RSP via eGIRO/GIRO/CPFIS-OA/CPFIS-SA/SRS
Termination request received during the freezing period, between 27th of the month to 12th of the following month, will only be processed on 13th and effective from the next RSP cycle.
For RSP-Cash Account/Auto Sweep Account
Upon termination submission, the request will be effective immediately. However, if termination submitted on 8th (RSP buy date), the RSP subscription of the month will still continue and it will only stop from the next RSP cycle.
For RSP via eGIRO/GIRO/CPFIS-OA/CPFIS-SA/SRS
Termination request received during the freezing period, between 27th of the month to 12th of the following month, will only be processed on 13th and effective from the next RSP cycle.
For RSP-Cash Account/Auto Sweep Account
Upon termination submission, the request will be effective immediately. However, if termination submitted on 8th (RSP buy date), the RSP subscription of the month will still continue and it will only stop from the next RSP cycle.