Secure a brighter future by investing on a regular basis, disregard of volatility
Stocks Monthly Investment Plan
Affordable investment for steady income
The simplicity of HK Stocks Monthly Investment Plan allows me to invest on a small budget at regular intervals. I can further invest using the dividends to maximize the return with the perks of compound interest.
Joey (22) University Student
Joey (22) University Student
How to apply for Stocks Monthly Investment Plan
1
Open KGI stock trading account
2
Call 24-hour investment hotline (852) 2878 5555
3
Complete the application form
Key Benefits
Check how KGI Asia helps you to invest a fixed amount regularly
Regular Saving Approach
Ideal for keep track of your investment with a regular saving approach.
Regular Saving Approach
Ideal for keep track of your investment with a regular saving approach.
Contact Us
/en/support-center/contact-us
Simplicity
Your committed monthly contribution will be auto-debited via your designated account. Simple and easy.
Contact Us
/en/support-center/contact-us
Low Entry Threshold
Start to invest HKD 1,000 per month for each selected stock of your own.
Contact Us
/en/support-center/contact-us
Centralized Management with One Platform
Access your investment portfolio, plan details and statements through KGI Asia's WebTrade.
Contact Us
/en/support-center/contact-us
Invest with Flexibility
This plan allows you to trade stock or make changes to your monthly contributions and stock portfolio anytime.
Contact Us
/en/support-center/contact-us
Dollar-Cost Averaging
Acquiring shares at different prices and lowering the average cost per share in the long run.
The above table highlights how monthly movements in securities prices can have a significant effect on your portfolio. In the above example, you contribute HKD1,000 each month for a stock and purchase 507 shares of the stock over six months at an average share cost of HKD11.24. Dollar-cost averaging therefore enables you to buy shares close to their average price over the period. Average-cost per share is calculated by dividing the total "Investment after Transaction Fee" by the total "Number of Shares".
The List of Stocks for HK Stocks Monthly Investment Plan
KGI Asia Power Trader
One Stop Trading Platform
Notes for trading
Details of HK Stocks Monthly Investment Plan
|
Minimum Monthly Contribution |
HKD 1,000 or above in multiples of HKD 500 per month for each selected stock. |
|
Monthly Transaction Fee |
0.25% on monthly contribution or HKD50 for each selected stock, whichever is higher, inclusive of any stamp duty, transaction levy, trading fee and settlement fee. |
|
Units Purchase |
The monthly contribution minus transaction fee will be invested into the relevant stock1selected by you based on the relevant Purchase Price2on the Fixing Date3. |
|
Payment Method |
By autopay4through your bank account. |
|
Payment Date5 |
Payment for the monthly contributions must be received by KGI on the 8th of each month or the next working day (i.e. a day other than Saturday, Sunday or Public Holiday) if such day is a non-working day. |
Remarks:
- The number of shares of the selected stock(s) to be allocated to your Trading Account with KGI will be rounded down to the nearest whole number of shares.
- The purchase price of a particular stock acquired for you will be determined by its closing price on the relevant Fixing Date based on the information provided by Hong Kong Exchanges and Clearing Limited on their website www.hkex.com.hk under "Daily Quotations" or, if such information is unavailable, determined by KGI in a fair and reasonable manner.
- The third trading day of The Stock Exchange of Hong Kong Limited ("HKSE") after the Payment Date.
- You have to submit the Direct Debit Authorization Form. If you have any existing autopay arrangement with KGI, you must use the same bank account previously designated. For the first and second monthly contributions, you have to make such payment by a crossed cheque drawn by you in favor of "KGI Asia Limited" for the total amount. Thereafter, payments will be debited automatically from your bank account on each Payment Date.
- KGI reserves the right from time to time to specify any other date as the Payment Date.
Risk Disclosure Statements & Other Provisions
- The prices of securities fluctuate, sometimes dramatically. The price of a securities may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.
- The Stocks Monthly Investment Plan (the "Plan") does not assure a profit, nor does it protect against loss in declining markets, or against a loss if you withdraw from the Plan when the value of your shares is less than the cost of the shares you purchased.
- KGI reserves the right but not the obligation to acquire for itself or on behalf of any of its affiliates any odd lot(s) of any stock in your Trading Account from time to time. The selling price of the odd lot(s) shall be determined solely by KGI.
- KGI is not acting as your investment adviser and where necessary, you shall seek your own independent professional advice before making any investment decision.
- Amendment
- Your monthly contributions for each selected stock and/or your choice of stock(s) may be amended any time by written notice to KGI;
- If you wish to increase your monthly contributions, you are required to submit a revised Direct Debit Authorization Form; and
- Any changes on Direct Debit Authorization Form require about 45 working days to process.
- Termination
- Either KGI or you may terminate the Plan or the use of the Plan (as the case may be) at any time on the giving of not less than one (1) month's prior written notice to the other;
- KGI may terminate the Plan forthwith at any time without notice to you if you fail to pay your monthly contribution on any Payment Date; and
- Any termination shall not affect the respective rights and obligations of you and KGI accrued prior to such termination.
- You accept that KGI may deliver documents and contract notes to you in electronic form to your e-mail address.
- If KGI does not receive your monthly contribution(s) in full or at all by the Payment Date for any reason, KGI shall have the discretion not to execute any purchase order for you or to execute such order in any manner as KGI may think fit.
- If trading in your selected stock is suspended on the HKSE on any Fixing Date, the relevant amount of monthly contribution(s) received will be applied to invest in the stock as soon as reasonably practicable once the suspension has been lifted. In that case, the purchase price of the stock acquired for you will be determined by its closing price on the date of such acquisition or, if such information is unavailable, determined by KGI in a fair and reasonable manner.
- KGI reserves the right to reject or cancel your purchase order either in whole or in part without any prior notice or assigning any reason therefore.
HK Stocks Monthly Investment Plan - FAQ
When does KGI Asia buy securities for clients?
Under normal circumstances, we will buy selected securities for our clients on the 3rd trading day after the payment date of each month.
Is it necessary to own at least one lot of stocks before selling?
No, less than one lot of shares will be sold in an odd lot form at odd stock price.
How can I check the monthly stock investment balance?
You can check the relevant stock balance in "Account" in the “KGI Asia Power Trader” mobile app, KGI Web Trade, and monthly statement.
If the funds in the securities account are insufficient, how will the monthly stock investment of the month be handled?
KGI Asia will not process all purchase orders for the monthly investment plan for that month. Clients still have to pay the transaction fee.
Can I enjoy dividends and bonus shares if I buy securities through the monthly stock investment?
Yes, the stocks accumulated by customers can enjoy dividends and bonus shares proportionally.
NEXT
IPO Subscription
If you wish to benefit from IPO, visit the next section to learn how KGI Asia can help.
Share your investment experience