Hi Mr Tan,
I'm interest for the low cost fund for STI ETF. However I'm really not sure how to start or choose the fund.
1) Is the STI ETF a secure funds to invest for long term? I understand that the STI is just a "counter"?
Reply: The STI is invested in 30 counters that make part of the Straits Times Index. It is traded on the exchange as a "counter", but the value of this counter is based on the underlying counters.
Read this webpage:
http://www.straitstimes.com/FTSE+ST+Index+Series/FAQ/FAQ.html
2) Is there a website that explain more about STI ETF?
Reply: Read this website
http://www.sgx.com/PSV/securities/etf/ETF_Investing.shtml#Section_3
3) Is the STI ETF considered as one fund or are there many funds under STI ETF? Which of these funds is most profitable?
Reply: The STI is a fund. There are other ETF (exchange traded funds) that can be bought through the Singapore Exchange.
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