Monthly Stock Savings Plan is a flexible investment tool which allows you to invest in a number of selected blue chips or high quality stocks with a monthly contribution amount of as low as HK$1,000. Through the regular and flexible monthly contribution, you can take advantage of the benefits of dollar cost averaging and set up a disciplined saving plan to build a relatively strong investment portfolio.
Own High Quality Stocks with Low Investment Amount
You can choose from nearly 200 high quality blue chips or stocks with an investment amount as low as HK$1,000 each month.
Dollar Cost Averaging
Purchase more shares at market lows and fewer shares at market highs with the same monthly investment amount, helps to lower your average cost per share and minimize the downside risk.
Assume Mr. Chan started his contribution on "Hong Kong China Gas" (00003) from April, 2018 with HK$2,000 per month:
No. of Shares Purchased per Month
Total: 1,510 Shares; HK$23901.42 *
12 Months Later:
|Accumulated No. of Shares||1,510|
|Accumulated Investment Amount||HK$23901.4 *|
|Average Price Per Share Purchased||HK$15.83|
|Dividends Received During the Period|
|10% Bonus shares||26|
|Assuming Mr. Chan Sells the Stock on 12 April 2019|
* The number of shares/units allocated to each client will be rounded down to the nearest whole number of shares/units. Any remaining dollars will not be charged and it will be deposited to client's stock savings account.
Good Way of Saving to Help Realizing Your Life Goals
Achieving life goals is not a dream. Our Stock Savings Plan could help you build a relatively strong investment portfolio with a small amount of regular contributions.
Close to 200 of blue chips and high quality stocks for selection. Please refer to the Available Stock List.
Our team of research analysts will provide you with our monthly stock picks and analysis, guiding you to invest and save with ease.
UTRADE does it all. The reference price and gain/ loss amount will be shown on UTRADE Web. You will know immediately the average purchased price and gain/loss situation without calculating it by yourself.
Amendment / Termination Cut-off Date:
The cut-off date for applications to amend or terminate the Plan is 5 trading days before the Contribution Date.
To adjust your Monthly Stock Savings Plan, you can submit the "Monthly Stock Savings Plan Form" to your Account Executive or send the soft copy of the form to our Client Services Department via email to firstname.lastname@example.org.
# The Contribution date of the "Monthly Stock Savings Plan" is on the tenth day of each month. If such day is a non-HKEX trading day, contribution day will fall on the next HKEX trading day.
## The Company will purchase stocks for you on the second HKEX trading day after the contribution date, one hour after market opens in the morning session.