The Regular Savings Plan (RSP) utilises the dollar cost averaging concept of investing a fixed amount of money regularly regardless of market conditions.

For many investors, market timing - buying low and selling high - is almost an impossible task, especially when fear and greed typically lead investors to do the opposite of buying high and selling low.

The main benefit of DCA is that it takes the guesswork and emotion out of investing and instills discipline into the investing process. Unit trusts are uniquely suitable for this method as they can be bought with fixed amounts via an RSP.

With the DCA method, you can at least be sure that you will be buying more units at the bottom of the market and lesser units at the peak.

As a result, in rising or fluctuating markets, the average cost for all the units can be lower than the average price during the same period.