SINGAPORE
Since 2022, The ASEAN Investment Challenge partnered 11 institutions of higher learning (NUS, SMU, NTU, SUSS, SIM, RP, SP, NP, NYP, TP, ITE) & Singapore Exchange (SGX) for our annual Investment Challenge that takes place from Q3 to Q4 each year.
All participants will have to go through a foundational financial literacy learning journey before the Challenge to qualify for the Live Equity Portfolio Investment Challenge in September to November, followed by the Portfolio evaluation and presentation to the Judges after.
Prizes of AIC 2026
| Country Level | |
| Winner | SGD 3,000 |
| 1st Runner-up | SGD 2,000 |
| 2nd Runner-up | SGD 1,000 |
| 4th Place | SGD 500 |
| 5th Place | SGD 500 |
| 6th Place to 10th Place | SGD 100 each |
Key Milestone
| Milestones | Dates | |
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Registration Period Invite your peers to join before the window closes! |
1 Jul 2026 - 31 August 2026 |
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E-Learning Journey Completing ALL e-learning modules is mandatory to qualify for your investment capital reward |
1 Jul 2026 - 4 Sep 2026 |
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UP Account Opening Period Make sure your account is open and ready to receive your SGD $50 equivalent investment capital reward |
1 Jul 2026 - 4 Sep 2026 |
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Investment Plan Submission Submit your plan to score extra points |
1 Jul 2026 - 4 Sep 2026 |
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Live Challenge Period | 16 Sep 2026 - 11 Nov 2026 |
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Winner Announcement | Dec -26 / Jan 2027 |
FAQ
General Information
E-Learning Journey: 1 July 2026 – 4 September 2026
UP Account Opening Period: 1 July 2026 – 4 September 2026
Investment Plan Submission (Optional): 1 July 2026 – 4 September 2026
Live Challenge Period: 16 September 2026 – 11 November 2026
Winner Announcement: December 2026 / January 2027
UP Account & Registration
You may still proceed with registration even if you do not remember your UP account number. Providing your account number during registration is optional, and the organising team will assist in identifying and tagging your account based on your registration details.
If you would like to retrieve your UP account number, simply:
- Log in to the UP app
- Navigate to Account
- Select Reports/Statements
- Choose Account Statement under Report Type
Your account number can be found at the top of the statement under ""Your Account at a Glance".
Foreign students (non-Singaporeans) are required to submit the following documents for account opening and verification purposes:
Identity Document Passport
Supporting Documents Bank statement or government-issued statement,
Utility bill or telecom bill, Commitment Letter (required for China nationals only)
For Singapore Citizens and Permanent Residents, account opening can be completed digitally via Singpass, and no physical documents are required.
E-Learning Course
Yes. Completion of all e-learning modules is mandatory in order to qualify for the investment capital reward and participate in the competition.
Participants must achieve 100% completion of all mandatory e-learning modules by 4 September 2026.
Partial completion, incomplete modules, or any completion rate below 100% will not qualify.
Investment Plan Submission
Investment Capital Reward
Eligible participants will receive SGD50 worth of investment capital reward in the form of fractional shares.
The specific counter(s) to be allocated will be determined by the organiser and announced prior to the crediting date.
All eligible participants will receive the same fractional share allocation with the same value of SGD50.
These fractional shares will serve as the initial investment capital for the competition.
The investment capital reward will be credited to eligible participants’ UP accounts before the commencement of the Live Challenge Period.
To qualify, participants must successfully complete all of the following requirements by 4 September 2026:
Complete registration;
Open or link a valid UP account; and
Achieve 100% completion of all mandatory e-learning modules.
Participants who fail to satisfy any of the above requirements will not receive the investment capital reward and will not be eligible to participate in the competition.
Competition Mechanics
Participants will enjoy zero commission fees and zero platform fees during the competition period, allowing maximise utilisation of the investment capital reward for investing.
However, standard exchange fees and regulatory charges imposed by the respective exchanges may still apply.
The fee waiver arrangement will end on 30 November 2026, after which standard UP pricing will apply.
If no additional deposits are made, portfolio performance will be calculated based on the growth of investment capital reward only.
Example:
Investment capital reward: USD39 equivalent (SGD50)
Final portfolio value: USD60
Performance calculation:
(60-39)/39 x 100 = 53.84%
If no additional deposits are made, portfolio performance will be calculated based on the growth of the sponsored trading credit only.
Example:
Sponsored trading credit: USD39 equivalent
Final portfolio value: USD60
Performance calculation:
(60-39)/39 x 100 = 53.84%"
If additional funds are deposited during the competition period, the net deposit amount will be deducted from the final portfolio value before calculating performance.
For participants with existing account balances or investments before the competition period, the pre-existing portfolio value will also be excluded from the performance calculation.
Example:
Final portfolio value: USD800
Net deposits: USD100
Existing portfolio value before competition: USD500
Investment capital reward: USD39 equivalent (SGD50)
Performance calculation:
(800-100-500-39)39 x 100 = 412.8%
Winner Selection & Assessment
The competition adopts a two-stage assessment process. To be eligible for consideration, participants must satisfy all of the following requirements:
- Successfully register for the competition;
- Open or link a valid UP account;
- Achieve 100% completion of all mandatory e-learning modules by 4 September 2026;
- Complete a minimum of five (5) eligible trades during the Live Challenge Period; and
- Comply with all competition rules and requirements.
Participants who fail to meet any of the above requirements may be disqualified and will not be considered for ranking or prize consideration
Stage 1 is the Portfolio Performance Assessment. Only participants who have fulfilled all competition eligibility requirements, including the minimum five (5) trade requirement, will be assessed.
Eligible participants will be ranked based on their portfolio performance during the Live Challenge Period.
The top ten (10) participants with the highest portfolio returns will be shortlisted as finalists and invited to proceed to Stage 2.
The top ten (10) finalists will be required to:
Prepare a presentation deck summarising their competition journey and investment decisions
Participate in a face-to-face presentation
Finalists will be notified and required to confirm their attendance within the stipulated timeline. If a finalist fails to provide attendance confirmation or is unable to attend the presentation session, they may be deemed to have withdrawn from the competition, and their finalist position may be offered to the next highest-ranked participant.
Portfolio Performance: 60%
Final Presentation Assessment: 40%
Support & Assistance
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