Student Pocket Invaluable Investment Knowledge at Inaugural My Money @ Campus Seminar

Date: October 21, 2015

Singapore, 21 October 2015… MoneySENSE, together with the Association of Banks in
Singapore (ABS) and Securities Investors Association (Singapore) (SIAS), held the inaugural
My Money @ Campus Seminar today. Hosted by the Singapore Management University
(SMU), this is the first My Money @ Campus Seminar targeted at tertiary students between
the ages of 17-25 years. More My Money@ Campus Seminars will be organised at other
universities and polytechnics in the future.

2       The Seminar featured a special address by Guest-of-Honour, Mr Piyush Gupta, Chief
Executive Officer of DBS, who shared his thoughts on the fundamentals of investment.
Participants also had a chance to hold a dialogue with Mr Gupta on his personal experience
in financial management in a 45-minute Q&A segment. The seminar also featured talks by
speakers from SIAS, ABS and SMU on the theme of “Building an Affordable Investment
Portfolio”. Participants were able to pick up advice on ways to hone their financial
knowledge and investment skills from various guest speakers.

3       Mr Lee Boon Ngiap, Chairman of the Financial Education Steering Committee1 for
MoneySENSE and Assistant Managing Director (Capital Markets), MAS, said: “Tertiary
students are at an important juncture of their lives as they will soon join the workforce.
Through My Money @ Campus, we hope to give students a headstart in learning how to
manage future income, plan, save and invest for their financial wellbeing. We would like to
thank our partners ABS and SIAS for collaborating with us to extend our financial education
outreach to the local universities and polytechnics.”

4       Mrs Ong-Ang Ai Boon, Director of ABS, said: “ABS is pleased to continue the
collaboration with MoneySENSE and SIAS in bringing the “My Money” seminars to the
campus. It is imperative for young people to learn about investing and the various asset classes. As these are young investors, they can take advantage of the benefits from
compounding and also a longer time horizon. ABS, together with other stakeholders, will
continue to spearhead and support financial education among the young”.

5       Mr David Gerald, Founder, President & CEO, SIAS, added: “Investing has always been
full of challenges but we can overcome them by being prudent investors. It is crucial that we
reach out to young people to show them how. We need to prepare them early for their
financial future. SIAS will continue to work with MoneySENSE, ABS and our other partners in
equipping young investors with the know-how and skills to succeed in their investing

1 The Financial Education Steering Committee (FESC) comprises representatives from the Ministry of
Community Development, Youth and Sports, Ministry of Education, Ministry of Manpower, Central Provident
Fund Board, Monetary Authority of Singapore, National Library Board, and People’s Association. The FESC
provides strategic direction and oversees financial education programmes in Singapore