Can I invest in SMART via regular monthly investments?

The initial minimum investment amount for SMART Portfolio (General Investing) is SGD 300.

Thereafter, there is an optional subsequent monthly investment with the minimum amount starting from SGD 100.

The initial minimum investment amount for SMART Portfolio US Equity is SGD 3,000 / USD 2,500.

Thereafter, there is an optional subsequent monthly investment with the minimum amount starting from SGD 300.

Option 1: Internet Bill Payment Standing Instruction

You can fund your SMART Portfolio via regular monthly investments by setting up a standing instruction to make monthly investments through your internet banking.

Step 1: Login to your internet banking portal

Step 2: Choose ‘Pay Bills’

Step 3: Choose ‘Phillip Securities’ as the payee

Step 4: Key in your 7-digit SMART account number in Bill Reference (e.g. “0123456”*)

For other options for funding your account, please refer to “How do I fund my SMART account” under the “Investing and withdrawals” section of the FAQs.

*Note: You may retrieve your 7-digit SMART account number by logging in to Phillip Wealth Management website here or MyWealth mobile app. Don’t have the MyWealth mobile app? Click here to download. 

Option 2: GIRO Arrangement

You may choose to fund your SMART Portfolio via regular monthly investments by setting up a GIRO arrangement.

Step 1: Download and print these 2 forms:

a. Phillip Monthly Investment Plan Form

b. Phillip GIRO Form

c. Business Return Envelope

Step 2: Fill in the forms above and post it back to us.

Note: GIRO service will take effect in approximately three to four weeks after you have submitted your application and upon issuance of a confirmation letter to you.