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Investments

Blue Chip Investment Plan (BCIP)

The affordable and hassle-free way to invest in blue chip shares. 

  • Start investing from 18 years old
  • Start from S$100 a month
  • 20 counters to choose from
  • No lock-in period. Buy and sell anytime.
APPLY VIA ONLINE BANKING
For New BCIP Customers

FRANK Preferential Fees

Oh goody. A new price for the newbies. Get your first Blue Chip Investment Plan counter and start investing at only 0.88% of your total investment amount without minimum fee. That’s 88 cents if you invest S$100. For reals.

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Terms and Conditions

YOU’RE NEVER TOO YOUNG TO START INVESTING

AFFORDABLE, REGULAR INVESTMENT

FROM JUST S$100 PER MONTH

You don’t need thousands to begin investing in blue chips. The Blue Chip Investment Plan allows you to buy shares in your desired monthly investment amount. It automatically invests this amount into selected counters monthly for you, supporting your endeavors to invest regularly and with discipline.

EASY & CONVENIENT

JUST ONE ACCOUNT WITH NO LOCK-IN PERIOD

Use your FRANK Account to fund your investments in BCIP and manage your investments through OCBC Online Banking or via OCBC OneWealth App.

Diversification

Diversify and reduce company specific risks through ETFs

Investing in ETFs provides you with the additional benefit of diversifying across a basket of stocks or bonds for the same amount invested. This approach limits the exposure to company specific risks that would otherwise be present if only a single stock or bond is held.

More about share counters

Why invest in blue chips?

INVEST CONVENIENTLY

DOLLAR COST AVERAGING

By investing an equal amount of money on a regular basis regardless of the share price over a specific period of time, you will purchase more shares when prices are lower and fewer shares when prices are higher. This will potentially lower your average price per share. Click here to view Dollar Cost Averaging in motion. 

WHAT SHOULD YOU LOOK OUT FOR WHEN INVESTING IN BCIP COUNTERS?

For a first time investor, it is useful to consider your investment objectives before deciding on which BCIP counter to invest in.

Investing for income

If you are looking to generate income through investing, you may choose to focus on the dividends which are paid out by the company. This is typically measured by the dividends paid per share, or dividend yield. As a benchmark, the STI constituents had an average dividend yield of 3.4% as of the end of April 2017.

Current examples of dividend shares in Singapore are telecommunication shares and Real Estate Investment Trusts.

Find out more

Investing for capital appreciation

Alternatively, you may look at companies which have exhibited higher than average growth over the years, and focus on how the company has grown in terms of their total return. Higher total return typically results from higher capital appreciation and higher dividend yield.

Find out more

What are Exchange Traded Funds (ETFs)?

An ETF tracks an index, a commodity, bonds, or a basket of assets like an index fund. An ETF trades like a company shares on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold.

How are ETFs different from Stocks?

Unlike a stock which focuses on the performance of one company, an ETF tracks an index, a commodity, bonds, or a basket of securities. This allows investors to diversify their portfolio by buying into one ETF.

Where can I find more details on BCIP counters?

For more description of the available BCIP counters, please refer to https://www.ocbc.com/personal-banking/investments/bcip-counters-list.pdf

How do I choose which BCIP counters to invest in?

Selection of counters should be based on your own discretion as we do not provide financial advice on which counters to invest in. You may base your selection on your investment objectives and needs. Below are some objectives you may consider:

  • To invest for Income, you may choose to focus on the dividends paid out by the company.
  • To Invest for Capital appreciation, you may look at companies which have exhibited higher than average growth over the years, and focus on how the company has grown in terms of their total return.
  • For portfolio diversification, you may look at ETFs with different asset classes or companies from different sectors.

For more information on the price, performance, dividend and financial information of the companies and ETFs offered on BCIP, please refer to the official website of the respective counters.

Does OCBC have research coverage on the available BCIP counters?

You may refer to the following available research ratings on our BCIP counters. Table of BCIP Counters and their respective calls are updated on 18 April 2019. Please refer to https://portal.iocbc.com/assets/pdf/ospl/OIR-Coverage-SG.pdf for our latest research calls.

What should I do if there is a change in research call on my BCIP counters?

A change in our research call represents a change in our expectation of the counter’s future performance. This does not constitute as a recommendation to buy or sell the BCIP counters.

What is the expected return and risk if I invest in BCIP?

In general, all investments in shares and ETFs have certain degree of inherent risk. The return and risk of your BCIP investment depend on the BCIP counters that you chose to invest in. For more information on the price, performance, dividend and financial information of the companies and ETFs offered on BCIP, please refer to the official website of the respective counters.

Am I eligible for dividends for my BCIP investment?

Dividends are paid out by the companies or ETFs that you have invested in via BCIP. If you hold a unit of the companies’ shares or ETFs before the ex-dividend date, you will be entitled to the dividends given by the companies or ETFs.

How much dividends will I receive from BCIP investment?

Dividends are paid out by the companies or ETFs that you have invested in via BCIP. The exact dividend amount will be determined by the companies or ETFs that you invest in. For more information on the historical dividends of the companies and ETFs offered on BCIP, please refer to the official website of the respective counters.

How often will I get dividend from my BCIP investment?

Dividends are paid out by the companies or ETFs that you have invested in via BCIP. The frequency of distribution will be determined by the companies or ETFs that you invest in. For more information on the historical dividends of the companies and ETFs offered on BCIP, please refer to the official website of the respective counters.

Can I choose to reinvest my dividend from my BCIP investment?

There are three types of dividends - cash, shares and choice dividend. For cash dividend, the amount will be credited into your debiting account. For shares dividend, the number of shares given will be allocated to your BCIP account. For choice dividend, you will be informed to make a choice on whether to receive your dividend in cash or to reinvest as shares.

20 BCIP counters

List of shares you can invest in

What's available

The 17 share counters are mostly components of the Straits Times index (STI). 3 Exchange Traded Funds are also available.

CAPITALAND LIMITED
CAPITAMALL TRUST
COMFORT DELGRO CORPORATION LIMITED
DBS GROUP HOLDINGS LIMITED
KEPPEL CORPORATION LIMITED
OLAM INTERNATIONAL LIMITED
OVERSEAS-CHINESE BANKING CORPORATION LIMITED
SEMBCORP INDUSTRIES LIMITED
SEMBCORP MARINE LTD
SINGAPORE AIRLINES LIMITED
SINGAPORE EXCHANGE LIMITED
SINGAPORE PRESS HOLDINGS LIMITED
SINGAPORE TECHNOLOGIES ENGINEERING LIMITED
SINGAPORE TELECOMMUNICATIONS LTD
STARHUB LTD
UNITED OVERSEAS BANK LIMITED
WILMAR INTERNATIONAL LIMITED
NIKKO AM SINGAPORE STI ETF
LION-PHILLIP S-REIT ETF
NIKKO AM SGD INVESTMENT GRADE CORPORATE BOND ETF

Click here for more information.

Before you apply

Am I eligible?

You must be:
  • Singaporeans, Singapore PRs / Foreigners residing
    in Singapore (Not applicable to U.S. Persons, e.g. citizen of U.S. or Green Card holder)

  • Single account holders must be 18 years old or over.

  • For joint account, parent/legal guardian must be 18 years old or over, and the child must be below 18 years old.

Fees & Charges

For new BCIP customers below 30 years old, with initial investment of up to S$500 per counter

Kick-start your investment with FRANK’s preferential fees starting from as low as S$0.88 per transaction (based on an investment amount of S$100).

Transaction

Buying

Selling

Additional processing fee for SRS

Preferential fees and charges
(per transaction)

Flat rate of 0.88% of the
total investment amount

Flat rate of 0.88% of the
total sales proceeds

S$0.37 per counter

 

Note:
Applicable for new BCIP investment accounts opened after 28 June 2019 only.

For all other customers

Grow your investment portfolio with a minimum fee of S$5.

Transaction

Buying

Selling

Additional processing fee for SRS

Fees and charges
(per transaction)

0.3% of the total sales proceeds or S$5 per counter, whichever is higher.

0.3% of the total sales proceeds or S$5 per counter, whichever is higher.

S$0.37 per counter

Transfer of shares

Transfer to CDP or other financial institutions

Change of beneficial owner

3bps of settlement value, min $150, per settlement instruction + GST

No change in beneficial owner / Transfer to immediate family

$10 + GST

 

Note:
- For transfers to other financial institutions, half of the fees are charged to the transferee.
- Change of beneficial owner means the shares are transferred to an account not in your name, either singly or jointly.
- Charges are imposed by SGX.

FOR NEW BCIP CUSTOMERS BELOW 30 YEARS OLD, WITH INITIAL INVESTMENT OF UP TO S$500 PER COUNTER

Kick-start your investment with FRANK’s preferential fees starting from as low as S$0.88 per transaction (based on an investment amount of S$100).

Transaction

Preferential fees and charges
(per transaction)

Buying Flat rate of 0.88% of the total investment amount
Selling Flat rate of 0.88% of the total sales proceeds
Additional processing fee for SRS S$0.37 per counter
 

Note:
Applicable for new BCIP investment accounts opened after 28 June 2019 only.

For all other customers

Grow your investment portfolio with a minimum fee of S$5

Transaction

Fees and charges (per transaction)
(per transaction)

Buying 0.3% of the total sales proceeds or S$5 per counter, whichever is higher.
Selling 0.3% of the total sales proceeds or S$5 per counter, whichever is higher.
Additional processing fee for SRS S$0.37 per counter

Transfer of shares

Transfer to CDP or other financial institutions

Change of beneficial owner

No change in beneficial owner / Transfer to immediate family
(per transaction)

3bps of settlement value, min $150, per settlement instruction + GST $10 + GST

Note:
- For transfers to other financial institutions, half of the fees are charged to the transferee.
- Change of beneficial owner means the shares are transferred to an account not in your name, either singly or jointly.
- Charges are imposed by SGX.

How to start investing

Via Online Banking

For existing OCBC Online Banking customers only.

To access the forms:

  1. Log in to your OCBC Online Banking account
  2. Select the “Investment & Insurance” tab
  3. Click on the “Blue Chip Investment Plan” link
Via Mail

Mail in the completed application form with copies of:

  1. NRIC
    For Singaporeans and Singapore PRs

  2. Employment Pass / S-Pass
    Employment Pass / S-Pass or student pass and passport for foreigners

  3. Tax Residency Declaration
    For all applicants, please download the declaration form here

  4. Other supporting documents
    Supporting phone bill / bank statement / utilities bill showing residential address if you are a new customer

This is for general information and does not take into account your particular investment and protection aims, financial situation or needs. You may wish to seek advice from a financial adviser before making a commitment to purchase an investment product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the investment in question is suitable for you.

This advertisement has not been reviewed by the Monetary Authority of Singapore.