Blue Chip Investment Plan (BCIP)

Start your investment journey with a hassle-free monthly plan

Why you will love this

Access to blue chip shares and Singapore listed exchange traded funds from as low as S$100

Lower your average cost potentially through dollar cost averaging

Enjoy flexibility on your investments

Who can apply

Singaporean, Singapore PR or foreigner residing in Singapore (not applicable to U.S. Persons, e.g. citizen of U.S. or Green Card holder, EU resident or person residing within the EEA)

Single account holder above 18 years old

Parent or legal guardian above 18 years old and child below 18 years old for joint account holders

Build a stable financial future with access to blue chip shares, all from one flexible, hassle-free and affordable investment plan.

Features and Benefits

Access blue chip shares from S$100

Start small and stay invested. Purchase shares in amounts below the standard lot size with your chosen monthly investment amount.

Start small and stay invested. Purchase shares in amounts below the standard lot size with your chosen monthly investment amount.

Potentially lower your average cost price

Invest in your selected counters each month through BCIP. This reduces the risk of market timing and can potentially lower your average cost price over time.

Find out how dollar-cost averaging works.

Invest in your selected counters each month through BCIP. This reduces the risk of market timing and can potentially lower your average cost price over time.

Find out how dollar-cost averaging works.

Flexibility on your investments

Change counter selection or investment amount and sell units easily through the OCBC Digital app or Online Banking. With no lock-in period, you can withdraw your investments according to your needs.

Change counter selection or investment amount and sell units easily through the OCBC Digital app or Online Banking. With no lock-in period, you can withdraw your investments according to your needs.

How it works

1

Choose how much and what to invest
Decide on your monthly investment amount and select one or more BCIP counter(s) to invest in.

2

Apply for BCIP
Apply for BCIP via the OCBC Digital app or Online Banking. All you need is an OCBC deposit or SRS account.

3

Build your portfolio
We receive your orders from the first day of the month up to 12pm on the last business day of the month, and will carry out your instructions on the 22nd of the following month, or in the event we are unable to do so, on the 22nd of the second following month.

You will enjoy dividends, whenever declared by the respective companies or exchange traded funds (ETF).

4

Review your portfolio
Review your plan, change your orders or sell your shares via the OCBC Digital app or Online Banking.
More information about BCIP counters

Counters

  • What are blue chips?

    Blue chips are known as common stocks of nationally known companies, with a long record of profit growth and dividend payment. Such companies typically have a reputation for quality management, products, and services.

  • What are Exchange Traded Funds (ETFs)?

    An ETF tracks an index, a commodity, bonds, or a basket of assets like an index fund. An ETF trades like a company shares on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold.

  • How are ETFs different from Stocks?

    Unlike a stock which focuses on the performance of one company, an ETF tracks an index, a commodity, bonds, or a basket of securities. This allows investors to diversify their portfolio by buying into one ETF.

  • What is Dollar Cost Averaging (DCA)?

    Dollar cost averaging is an investment strategy with the goal of reducing the impact of volatility on large purchases of financial assets such as stocks. DCA is done by investing equal amounts at regular intervals to purchase more units when price is low and less units when price is high. This will help to potentially lower the cost of investment over a period.

    Illustration of DCA over time

  • Where can I find more details on BCIP counters?
    For more description of the available BCIP counters, please refer here.
  • How do I choose which BCIP counters to invest in?

    Selection of counters should be based on your own discretion as we do not provide financial advice on which counters to invest in. You may base your selection on your investment objectives and needs. Below are some objectives you may consider:

    • To invest for Income, you may choose to focus on the dividends paid out by the company.
    • To Invest for Capital appreciation, you may look at companies which have exhibited higher than average growth over the years, and focus on how the company has grown in terms of their total return.
    • For portfolio diversification, you may look at ETFs with different asset classes or companies from different sectors.

    For more information on the price, performance, dividend and financial information of the companies and ETFs offered on BCIP, please refer to the official website of the respective counters.

  • Does OCBC have research coverage on the available BCIP counters?

    You may refer to the following available research ratings on our BCIP counters:

    BCIP Counters Research call Rating issued on
    Capitaland Limited Buy 21 Feb 2019
    Capitamall Trust Hold 24 Jan 2019
    ComfortDelGro Corporation Limited Hold 14 Feb 2019
    DBS Group Holdings Limited Buy 18 Feb 2019
    Keppel Corporation Limited Buy 25 Jan 2019
    Olam International Limited - -
    Oversea-Chinese Banking Corporation Limited - -
    SembCorp Industries Limited Buy 21 Feb 2019
    Sembcorp Marine Ltd Hold 21 Feb 2019
    Singapore Airlines Limited Buy 15 Feb 2019
    Singapore Exchange Limited Buy 25 Jan 2019
    Singapore Press Holdings Limited Hold 11 Apr 2019
    Singapore Technologies Engineering Limited Buy 28 Mar 2019
    Singapore Telecommunications Ltd Buy 11 Mar 2019
    Starhub Ltd Sell 15 Feb 2019
    United Overseas Bank Limited Buy 25 Feb 2019
    Wilmar International Limited Hold 9 Apr 2019
    Nikko AM Singapore STI ETF - -

    Our research calls reflect our expectation of the counter's performance in the next 6-12 months from the date that rating is issued.

      Expected price change from date of rating
    BUY rating At least 10%
    HOLD Between -5% to 10%
    SELL rating Less than -5%

    Table of BCIP Counters and their respective calls are updated on 18 April 2019.
    Please refer to https://portal.iocbc.com/assets/pdf/ospl/OIR-Coverage-SG.pdf for our latest research calls.

  • What should I do if there is a change in research call on my BCIP counters?

    A change in our research call represents a change in our expectation of the counter's future performance. This does not constitute as a recommendation to buy or sell the BCIP counters.

  • What is the expected return and risk if I invest in BCIP?

    In general, all investments in shares and ETFs have certain degree of inherent risk. The return and risk of your BCIP investment depend on the BCIP counters that you chose to invest in. For more information on the price, performance, dividend and financial information of the companies and ETFs offered on BCIP, please refer to the official website of the respective counters.

Dividends

Am I eligible for dividends for my BCIP investment?

Dividends are paid out by the companies or ETFs that you have invested in via BCIP. If you hold a unit of the companies' shares or ETFs before the ex-dividend date, you will be entitled to the dividends given by the companies or ETFs.

How much dividends will I receive from BCIP investment?

Dividends are paid out by the companies or ETFs that you have invested in via BCIP. The exact dividend amount will be determined by the companies or ETFs that you invest in. For more information on the historical dividends of the companies and ETFs offered on BCIP, please refer to the official website of the respective counters.

How often will I get dividend from my BCIP investment?

Dividends are paid out by the companies or ETFs that you have invested in via BCIP. The frequency of distribution will be determined by the companies or ETFs that you invest in. For more information on the historical dividends of the companies and ETFs offered on BCIP, please refer to the official website of the respective counters.

Can I choose to reinvest my dividend from my BCIP investment?

There are three types of dividends - cash, shares and choice dividend. For cash dividend, the amount will be credited into your debiting account. For shares dividend, the number of shares given will be allocated to your BCIP account. For choice dividend, you will be informed to make a choice on whether to receive your dividend in cash or to reinvest as shares.

Ways to pay

Choose to fund your investment using cash from your OCBC account or funds from your OCBC SRS account.

OUR COUNTERS

List of counters you can select from

The counters available for purchase include Blue-Chip Stocks and Exchange Traded Funds (ETF) which trade on the SGX.

  • Lion-OCBC Securities Singapore Low Carbon ETF NEW
    Description

    The Fund tracks the top 50* Singapore companies with lower carbon footprint, allowing you to partake in the decarbonisation journey of Singapore’s real and financial economy.

    *Based on the underlying Index Securities of the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index

  • Lion-OCBC Securities China Leaders ETFNEW
    Description
    The Fund tracks the Hang Seng Stock Connect China 80 Index’s performance, comprising the 80 largest Stock Connect-eligible Chinese companies listed on Shanghai, Shenzhen and Hong Kong exchanges, allowing you to gain exposure to market giants such as BYD, Kweichou Moutai, Ping An Insurance and Tencent.
    Sector
    Not Classified
    SGX Code
    YYY (S$ counter)
  • NikkoAM-ICBCSG China Bond ETF NEW
    Description

    The investment objective of the Fund is to achieve long term capital growth by replicating the returns of the ChinaBond ICBC 1-10 Year Treasury and Policy Bank Bond Index (the “Index”).

    The Fund will offer to investors a Chinese bond investment universe that is increasingly growing in size and foreign participation. It invests in bonds issued by:

    • The Chinese government; and
    • The 3 Chinese policy banks - Agricultural Development Bank of China (ADBC), China Development Bank (CDB), Export-Import Bank of China (CEXIM)
    Sector
    Not Classified
    SGX Code
    ZHS
  • Lion-Phillip S-REIT ETF Top pick
    Description
    The Fund's investment objective is to replicate as closely as possible, before expenses, the performance of the Morningstar® Singapore REIT Yield Focus IndexSM. The Index is designed to screen for high-yielding REITs with superior quality and financial health.
    Sector
    Properties
    SGX Code
    CLR
  • Nikko AM SGD Investment Grade Corporate Bond ETF Top pick
    Description
    The Fund is the first to offer investors easy access to SGD-denominated, investment grade corporate bonds in affordable units. The Fund aims to replicate the performance of the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index, before expenses. This allows investors to diversify their overall portfolios with corporate bonds from high quality issuers.
    Sector
    Not Classified
    SGX Code
    MBH
  • Nikko AM Singapore STI ETF Top pick
    Description
    The Fund's investment objective is to replicate as closely as possible, before expenses, the performance of the FTSE Straits Times Index. The Fund is designed for investors who seek an "index-based" approach to investing in a portfolio of Singapore listed securities in a cost effective and easy to access manner.
    Sector
    Finance
    SGX Code
    G3B
  • Capitaland Integrated Commercial Trust (CICT) Top pick
    Description
    CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$11.8 billion as at 28 October 2020. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust. CICT owns and invests in quality income - producing assets primarily used for commercial (including retail and/or office) purpose, located predominantly in Singapore. As the largest proxy for Singapore commercial real estate, CICT’s portfolio comprises 22 properties in Singapore and two in Frankfurt, Germany, with a total property value of S$22.4 billion as at 30 June 2020. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, which is a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups.
    Sector
    Properties
    SGX Code
    C38U
  • United Overseas Bank Limited Top pick
    Description
    UOB provides a wide range of financial services through its global network of branches/offices and subsidiaries/associates: personal financial services, private banking, trust services, commercial and corporate banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management, general insurance, life assurance and stockbroking services.
    Sector
    Finance
    SGX Code
    U11
  • CapitaLand Investment Limited Top pick
    Description
    Headquartered in Singapore, the multinational company's core businesses in real estate, hospitality and real estate financial services are focused in growth cities in Asia Pacific, Europe and the Gulf Cooperation Council (GCC) countries. The company's real estate and hospitality portfolio spans more than 120 cities in over 20 countries.
    Sector
    Properties
    SGX Code
    9CI
  • Lion-OCBC Securities Hang Seng Tech ETF
    Description
    The Fund's investment objective is to replicate as closely as possible, before expenses, the performance of the Hang Seng Tech Index. The Index is designed to represent the 30 largest technology companies listed in Hong Kong which have high business exposure to technology themes.
    Sector
    Technology
    SGX Code
    HST
  • DBS Group Holdings Limited
    Description
    The principal activities of the DBS Group consists of investment holding, banking and financing, the provision of mortgage financing, lease and hire purchase financing, corporate advisory services, nominee and trustee services, funds management services, stockbroking, primary dealership in Singapore Government securities, merchant banking, factoring, credit card and venture capital operations, and other financial services.
    Sector
    Finance
    SGX Code
    D05
  • Oversea-Chinese Banking Corporation Limited
    Description
    OCBC Bank offers a comprehensive range of banking services and financial solutions in consumer banking, business banking, international banking, global treasury and investment management. The OCBC Group has diverse subsidiaries that are involved in financial futures, regional stockbroking, trustee, nominee and custodian services, property development and hotel management.
    Sector
    Finance
    SGX Code
    O39
  • Singapore Telecommunications Limited
    Description
    Headquartered in Singapore, SingTel is a communications group in Asia. It provides a diverse range of services to meet the communications needs of consumers and businesses, including mobile and fixed-line voice and data, narrow band and broadband Internet services as well as integrated Information Technology and communications solutions. It has more than 125 years of operating experience within the industry.
    Sector
    Transport, Storage & Communications
    SGX Code
    Z74
  • Singapore Airlines Limited
    Description
    Singapore Airlines, a full member of the global Star Alliance, is one of the world's premium airlines, with the distinction of operating a young and modern fleet. The Singapore Airlines route network extends across 160 destinations in 50 countries, including those served by Singapore Airlines Cargo, regional airline subsidiary SilkAir, and codeshare partners. Principal activities of the Group consist of air transportation, engineering services and other airline related activities.
    Sector
    Transport, Storage & Communications
    SGX Code
    C6L
  • Keppel Corporation Limited
    Description
    The Keppel Group of Companies includes Keppel Offshore and Marine, Keppel Integrated Engineering, Keppel Energy, Keppel Telecommunications and Transportation, K-Green Trust, Keppel Land and K-REIT Asia, among others.
    Sector
    Multi-Industry
    SGX Code
    BN4
  • Singapore Exchange Limited
    Description
    SGX owns and operates the only integrated securities exchange and derivatives exchange in Singapore and their related clearing houses. The securities exchange was the first fully electronic and floorless exchange in Asia.
    Sector
    Finance
    SGX Code
    S68
  • Singapore Technologies Engineering Limited
    Description
    The Group is organised as 4 divisions:
    1. ST Aero is in aircraft maintenance and engineering with operations in Singapore, Australia, USA and UK
    2. ST Kinetics is in design, development and manufacture of specialty vehicles, weapons and munitions.
    3. ST Marine designs, upgrades and builds naval and commercial vessels.
    4. ST Elec is one of the largest electronic systems houses in the region, with a strong track record for integrating complex systems.
    Sector
    Multi-Industry
    SGX Code
    S63
  • Starhub Limited
    Description
    StarHub is an info-communication company and the sole operator delivering a range of information, communications and entertainment services over fixed, cable, mobile and Internet platforms. StarHub operates a 3G mobile network in addition to its GSM network and is the provider of i-mode mobile Internet service over its 2.5G and 3G networks. StarHub also operates its own nation-wide HFC network that delivers multi-channel cable TV services (including Digital Cable), voice and Internet access for both consumer and corporate markets.
    Sector
    Transport, Storage & Communications
    SGX Code
    CC3
  • ComfortDelGro Corporation Limited
    Description
    ComfortDelGro is a public listed passenger land transport company, with a fleet of more than 38,700 vehicles world-wide. ComfortDelGro’s businesses include taxi, bus, rail, car rental and leasing, automotive engineering and maintenance services, inspection, test and assessment services, learner drivers’ instruction services, insurance brokerage services and outdoor advertising.
    Sector
    Transport, Storage & Communications
    SGX Code
    C52
  • Wilmar International Limited
    Description
    Headquartered in Singapore, Wilmar is Asia's leading agribusiness group. Its business activities include oil palm cultivation, oilseeds crushing, edible oils refining, sugar, specialty fats, oleo-chemicals and biodiesel manufacturing and grains processing.
    Sector
    Manufacturing
    SGX Code
    F34
  • Sembcorp Industries Limited
    Description
    SembCorp Industries' principal activities are those of an investment holding company, as well as the corporate headquarters, which gives strategic direction and provides management services to its subsidiaries. The principal activities of key subsidiaries are as follows:
    1. Utilities
    2. Marine & Offshore Engineering
    3. Environmental Management
    4. Industrial Parks
    Sector
    Multi-Industry
    SGX Code
    U96

Download a pdf version of the list of counters.

Featured Counter

Lion-OCBC Securities Singapore Low Carbon ETF

  • Participate in Singapore’s transition to a low-carbon economy
  • Build a diversified portfolio representative of Singapore’s real and financial economy
  • Invest in the top 50* Singapore companies with lower carbon footprint

*Based on the underlying Index Securities of the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index

Fees and charges

For new customers who are below 30 years old (based on calendar year), with initial investment of up to S$500 per counter

Kick-start your investment with FRANK's preferential fees starting from S$0.88 per transaction (based on an investment amount of S$100).

Applicable for new BCIP investment accounts opened from 28 June 2019 only.

For all other customers

Grow your investment portfolio with a minimum fee of S$5.

Transfer of shares

  • For transfers to other financial institutions, half of the fees are charged to the transferee.

  • Change of beneficial owner means the shares are transferred to an account not in your name, either singly or jointly.

  • Charges are imposed by SGX.

Before you apply

Eligibility requirements

Age

Above 18 years old for single account holders

Parent or legal guardian above 18 years old and child below 18 years old for joint account holders

Nationality

Singaporeans, Singapore PRs and foreigners residing in Singapore (not applicable to U.S. Persons, e.g. citizens of U.S. or Green Card holders, EU residents or persons residing within the EEA)




This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information presented as at March 2023.

Ways To Apply

Apply for Blue Chip Investment Plan (BCIP) today

FAQs
What do I need to start a BCIP account?

You can invest BCIP using Cash or SRS. You do not need to open any securities trading account or Central Depository (Pte) Ltd (CDP) account to start a BCIP account.

 

Mode of investment OCBC deposit account OCBC Online Banking OCBC SRS account
Cash      
SRS (only applicable for Single Account)      

 

If you do not have an OCBC SRS investment account, you may open one online through OCBC Online Banking.

If you do not have an OCBC deposit account or OCBC Online Banking, the BCIP application form allows you to apply for the two accounts at the same time. Download the application form on www.ocbc.com/bluechip, complete and mail it in.

How long does it take for my BCIP account to be opened? How do I know if it is successful?

You will receive an SMS on whether your BCIP account has been successfully opened seven business days after we receive your BCIP application form. This notification will be sent to the contact number as per your mobile phone records with the Bank.

If your account opening is unsuccessful, we will notify you through SMS.

Can I use a joint account as my settlement account?

Yes, you can choose a joint OCBC deposit account for debiting and crediting in relation to your BCIP account. However, any joint account that requires two or more signatures is not allowed for use as a settlement account.

If I apply today, when does my plan start? Is there a cut-off time for submission?
Action Example
Your BCIP application is received between the 1st day and 12pm on the last business day of the month. We received your BCIP application on 10 July 2020. Your order will be executed on the 22nd of August 2020 (or, in the event we are unable to do so in August 2020, on the 22nd of September 2020).
Your BCIP application is received after 12pm on the last business day of the month (application will be treated as having been received by us on the first business day of the next month). We received your BCIP application at 3pm on 31 July 2020. Your application will be deemed to have been received by us on 1 August 2020.

Your order will be executed on the 22nd of September 2020 (or, in the event we are unable to do so in September, on the 22nd of October 2020).
More questions and answers

For single account holder

Apply via Online Banking for existing OCBC Online Banking customers only.

To apply:

  1. Log in to your OCBC Online Banking account
  2. Select the "Investment & Insurance" tab
  3. Click on the "Blue Chip Investment Plan" link

Apply via OCBC Mobile Banking or mail with the following steps:  

  1. Via Mobile Banking for existing OCBC Mobile Banking customers only

    To access the forms:

    1. Log in to your OCBC Mobile Banking app
    2. Select the "Invest" tab
    3. Click on the "Blue Chip Investment Plan"
  2. Via mail for new and existing OCBC customers

    Mail in the completed application form with copies of:

    For Singaporeans and Singapore PRs

    1. NRIC

    For foreigners:

    1. Employment Pass (EP), S-Pass or student pass
    2. Passport

    For all applicants:

    1. Tax Residency Declaration form
      Please download the declaration form here.

    For new customers: 
    Include other supporting documents:

    1. Phone bill / bank statement / utilities bill showing residentail address

    Download form  

or

For joint account with child

Mail in the completed application form with copies of:  

  1. Parent / Legal Guardian's documents

    For Singaporeans and Singapore PRs

    1. NRIC

    For foreigners:

    1. Employment Pass (EP), S-Pass or student pass
    2. Passport

    For all applicants:

    1. Tax Residency Declaration form
      Please download the declaration form here.

    For new customers: 
    Include other supporting documents:

    1. Phone bill / bank statement / utilities bill showing residential address
    2. Supporting legal documents showing legal guardianship if you are not the parent
  2. Child's documents

    1. Birth Certificate
    2. NRIC if child is 15 years old or over
    3. Tax Residency Declaration form