SCB investment

[sgboy85]

Guys, this month i will recieve 5/6 bonus 2% interests for the $20k investment i invested last year. Last yr can buy and sell but new rules unable to do so.

I have to invest a new $30k this month so i can have 1.5% for next 6 months.

I am looking at cash+ or income fund.

My question is, does the fund contribute monthly cashback on top of the bonus saver 1.5% interests which pays 6 months later?

After 6 months do we need to invest another 30k? Then the old 30k fund cam be sold off?

What are these fund call? Etf or UT?

 

[CaptainWu]

I think you can ask that in the Bonus saver thread as large amount of discussion on similar topic before?

From the T&C you do need to invest another $30k and able to sell your old investment. Sequence is matter to me and probably you should ask the CSO/RM before doing so as no idea how SCB track them.

I think this is what you refer to https://www.sc.com/sg/wealth/investment/sc-invest/, they are UT.

 

[iduncheckmail]

after Jun , no point liao.