facebookAm I able to continue the investment category for DBS Multiplier and Invest Saver continuity by another 12 months buying into a new ETF, but still continuing the STI ETF? - Seedly
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Anonymous

01 Feb 2021

Am I able to continue the investment category for DBS Multiplier and Invest Saver continuity by another 12 months buying into a new ETF, but still continuing the STI ETF?

I have a DBS Multiplier account and have also fulfilled the investment category by signing up Invest Saver buying Nikko AM STI ETF per month.
However as it's only recognised for 12 months, am I able to continue the investment category by another 12 months buying into a new ETF, but still continuing the STI ETF? And if so, if this is the 8th month today and I buy into a new fund, will the 12 month start from today and therefore "losing out" on the 4 months?

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    Discussion (1)

    What are your thoughts?

    Hi Anon,

    If your current Invest Saver on STI ETF is on the 8th month, and you start buying a new ETF, you will be able to hit the investment category for another 12 months starting from the month u buy your new ETF. The transaction amount for the next 4 months will consist of the STI ETF and your new ETF. Thereafter, the transaction amount will be just your new ETF.

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