Home / Products / SaveUP

# SaveUP

## SaveUP Benefits

### Dollar Cost Averaging (DCA)

When you invest regularly through a SaveUP Regular Savings Plan (RSP), you buy more shares when prices are low and fewer when prices are high. This averages out your purchase price over time, potentially reducing the impact of market volatility.

### Discipline and Consistency

SaveUP encourages regular investment, promoting financial discipline through long-term wealth accumulation regardless of short-term market fluctuations.

### Mitigating Timing Risk

Instead of trying to time the market (which is notoriously difficult), SaveUP spreads out your investments, reducing the risk of making a large investment just before a market downturn.

## How Dollar Cost Averaging Works

In a scenario where a stock's price varies between $5 and $10 over the next 12 months, investors who consistently invest $100 each month would have invested a total of $1200 over the year. The following chart illustrates how a dollar cost averaging strategy can potentially be more advantageous compared to a lump sum investment.

If you invest a lump sum of $1200 during a bull market, you might buy shares at a peak price of $10 each. However, using a monthly $100 Regular Savings Plan (RSP) allows you to invest at different price points, especially when the share price drops. This dollar-cost averaging strategy can result in a lower average share price over the course of a year compared to a lump sum investment.
This example is for illustrative purposes only and does not guarantee future returns.

## Create your SaveUP quickly in 4 steps

### 01

#### Access SaveUP

Click on “SaveUP” in your dashboard.

### 02

#### Choose your stock

- Click “SaveUP in a new stock.”
- Search for the stock you want to invest in on a recurring basis.

### 03

#### Set up your investment

- Click on “Trade” and select “SaveUP.”
- Choose your preferred currency, investment frequency, and goal.
- For example, invest USD 100 into Apple monthly on the first day.

### 04

#### Review and confirm

- Preview your order details.
- Slide to confirm and start your SaveUP.

## Frequently asked questions

####

SaveUP is a form of regular savings plan (RSP) that involves investing a fixed amount of funds regularly in the same choice of investments (commonly ETFs, single stocks, etc.)

####

SaveUP is currently supported for BURSA Malaysia and the US Stock Exchange.

####

As SaveUP is a regular savings plan, the fees associated with the service will correspond to the fee schedule of the market you're subscribed to. For further fee details, please visit here.

####

We currently do not offer the option to temporarily pause SaveUP. If you wish to suspend SaveUP, you will have to cancel your current subscription.