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A Review Of Maybank-Kim Eng’s Monthly Investment Plan
By The Lepak Investor  •  June 9, 2016
On the back of the minimum commission charges being imposed by Standard Chartered, I’m writing this review of Maybank-Kim Eng (MBKE in short) Monthly Investment Plan as there weren’t any detailed study of this product. So how does this work? Well, it is similar to the plans offered by POEMS, OCBC and POSB, and has its own features. Every month on the 8th, MBKE will buy shares up to the amount which you have specified, and excess cash is refunded back to your bank account via GIRO. I started the monthly investment plan in May, and it was linked to my “main” MBKE cash account as a seperate prefunded account (technically I could login with that prefunded account details, but since I had a normal cash account, it’s easier to just use my login for that). You can set your monthly investment amount and which counter to buy when you’re logged into the ......
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By The Lepak Investor
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