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.
does sti etf have liquidity issue ?
ReplyDeletethe trading volume is very low.
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.
ReplyDeleteLiquidity 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.
The fund manager will create additional units to meet the demand. They will provide the liquidity.
ReplyDeleteSimilarly, if you wish to sell the units, they will buy from you and reduce the units in the fund.
For single premium endowment Aviva Big-E is the best in the market.
ReplyDeleteThose 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