The minimum investment is 100 units of the STI Exchange Traded
Fund. The current price is about $34.00 per unit. The minimum amount is $3,400. The brokerage is 0.25% of the amount invested.
If you wish to invest in this counter, go through your stockbroker.
Come September STI will be revamped to strictly reflect the blue chips stocks only. The other stocks will be apportioned into mid and small cap indices and others. Just wondering what will happen to STI ETF. Will it be revamped and repriced?
ReplyDeleteThis is the one from SGX
ReplyDeletehttp://esite.sgx.com/live/st/STETFund.asp (Look out for STI ETF 100)
http://www.sgx.com/psv/securities/etf/ETF_Straits_Times.shtml
Cheers
Loh Hon Chun
Yes. It will be "adjusted" accordingly to move as closely as possible to STI since its benchmark is the STI.
ReplyDeleteRefer to below on ETF guide
http://www.sgx.com/PSV/securities/etf/documents/InvestorGuide_Eng.pdf
Regards
Loh Hon Chun