a BT term describing regular periodic investments whereby the investor makes use of the principle of Dollar cost averaging.
An efficient way to build up or accumulate a sizeable amount on a medium to long term basis. Invest at regular intervals, usually between RM50 to RM100. An investor is not locked into a fixed savings period. You may stop when you like without any penalty.
An agreement in which an investor will pay a regular amount at a nominated frequency into an existing fund.