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POSB Invest Progress Account
Ride on the progress of 3 economies.

Recent declines in global equities have provided a good entry point for investors who intend to invest for the medium term.

In the US, the easing of interest rates and proactive government policies are expected to stimulate business and economic activity beyond the near-term. And Asia's strong domestic demand remains a key driver for the region's potential for economic growth in countries like Singapore and Hong Kong.1

More than ordinary returns, POSB Invest Progress Account2 allows you to benefit from the potential progress of 3 equity markets.

It is a 5-year-11-month SGD structured deposit which offers:

  • Peace of mind with a guaranteed 3.50% payout in the 6th month, and 100% principal protection at maturity; and
  • Opportunity to benefit from the progress of 3 equity markets over the 5-year-11-month period as the potential payout at maturity is based on the movements of 3 underlying indices.

To find out more or seek advice, talk to us today.

POSB Invest Progress Account is available until 26 April 2008.

POSB. Your bank and more.

1 These statements are opinions of DBS Bank Ltd and are subject to change without notice and may involve a number of assumptions, which may not be valid. Although the information contained herein has been taken from sources that are believed to be accurate, no warranty or representation is made as to its correctness, completeness or accuracy. DBS Bank Ltd accept no liability whatsoever for any loss whatsoever arising from any use or reliance on any of the opinions expressed.
2 POSB Invest Progress Account is a 5-year-11-month SGD structured deposit, linked to the movements of equity indices in Singapore, Hong Kong and the United States. The Bank will return you 100% of your principal amount if you hold the investment to maturity. Early withdrawal by you (if permitted by the Bank) will usually result in you receiving substantially less than the principal amount invested. It is important that you should ensure that you have sufficient liquid assets during the 5 years 11 months investment period.

This is published for information and general circulation only and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. Investors should read the termsheet and product summary, available at POSB and DBS branches before investing. Investors should seek advice from a financial adviser regarding the suitability of the investment product, taking into account their specific investment objective, financial situation or particular needs before making a commitment to purchase the investment product.

Note: Structured deposits are excluded from insurance coverage under the Deposit Insurance Act 2005 (No. 31 of 2005), and carries risks not normally associated with ordinary bank deposits. You should therefore not treat the product as a substitute for ordinary savings or fixed deposits.
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