Hi, Mr. Tan
I lament the fact that Singaporeans lack access to really low-cost funds like Vanguard's. Currently, for index fund fans, we only can buy the Infinity series and those cross-listed ETFs on the SGX. Do you know if Vanguard has any plans in the near time to market their products in Singapore?
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I am not aware of any plans by Vanguard to introduce low cost indexed funds directly in Singapore. They probably find the market to be too small. I hope that other fund managers may start the low cost funds, within the next one or two years. This will be good for the market and for cost conscious investors.
Yes, I hope fund managers will do so soon (a la what has happened in the insurance industry wrt term insurance), especially when they realise that with an increasingly-educated populace, more investors will clamour for low-cost index funds, as opposed to continuing the loser's game of stock-picking and choosing the usual "Top-5 Best-Selling Funds".
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