Wednesday, October 24, 2007

Low Cost Funds

Dear Mr Tan

What low cost funds do you recommend? How do I invest in them?

REPLY

I suggest the following:

1. STI Exchange Traded Fund - through the Singapore Exchange
2. Combined Fund from NTUC Income - through an adviser or the business center
3. Money market fund from NTUC Income - through an adviser or the business center
4. BIGe from Aviva

NTUC Income Business Center ... see Link 9 on the right
http://www.income.com.sg/businesscentre/

Aviva
http://www.aviva-singapore.com.sg/

If I know of other low cost funds, I shall put them in this blog. So far, the choice is rather limited.

4 comments:

eng60340 said...

does sti etf have liquidity issue ?
the trading volume is very low.

Khiat Han Hwee Adrian said...

You have to sell your ETF like any Singapore Share through your broker or online. You can use 100% of your CPFOA unlike 35% for other Singapore Shares.

Liquidity wise. There are still people trading though volume is small. If you urgently needs the money, then sell at a lower price, someone else will most likely pick it up.

Tan Kin Lian said...

The fund manager will create additional units to meet the demand. They will provide the liquidity.

Similarly, if you wish to sell the units, they will buy from you and reduce the units in the fund.

Anonymous said...

For single premium endowment Aviva Big-E is the best in the market.
Those thta give higher projection with some insurance thrown in, don't be fooled by them.If you fall for them, don't wake up one morning 10 years down the road you got a lousy deal. It is too late.
These are guildlines. No lock in, low cost, quick cash value and not after 5 years, guarantee to some extend, forget about insurance, it is rubbish, remember what you are investing for, etc stc

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