#1
25th November 2015, 02:52 PM
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Standard Chartered Systematic Investment Plan
I want to get the details of Systematic Investment Technique plan of Standard Chartered bank so can you provide me?
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#2
25th November 2015, 03:34 PM
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Re: Standard Chartered Systematic Investment Plan
Standard Chartered PLC is a British multinational banking and financial services company headquartered in London. The bank was established in 1969. It is a universal bank with operations in consumer, corporate and institutional banking, and treasury services. Systematic Investment Technique The Systematic Investment Technique helps capture market opportunities regardless of market environment. Besides protecting your money against inflation, it helps manage volatility through 12 systematic entries into the market. Contribution averaging over time on a regular schedule No control on the timing but can capture the market regardless of market environment Returns may be lesser but improve the probability to avoid losses Money will be invested into the fund of your choice on the 28th of each month for 12 calendar months Receive 4% fixed cash payout (2% at the end of the 6th and 12th month) – calculated based on total investment amount Plan completed after 12 calendar months Month System Investment Technique Amount Unit Price Number of Units 1 MYR 3,000 MYR 1.00 3,000 2 MYR 3,000 MYR 1.00 3,000 3 MYR 3,000 MYR 0.90 3,333 4 MYR 3,000 MYR 0.90 3,333 5 MYR 3,000 MYR 0.85 3,529 6 MYR 3,000 MYR 1.05 2,857 7 MYR 3,000 MYR 0.95 3,158 8 MYR 3,000 MYR 1.02 2,941 9 MYR 3,000 MYR 1.03 2,913 10 MYR 3,000 MYR 0.97 3,093 11 MYR 3,000 MYR 0.92 3,261 12 MYR 3,000 MYR 0.90 3,333 Total MYR 36,000 MYR 0.96 37,751.90 |