Tuesday, March 18, 2008

Difference: Singapore EQuity fund and STI ETF

Dear Mr. Tan,
What is the different of buying STI EFT and investing in Singapore Equity form NTUC?

REPLY
Both funds are invested mainly in equities.
The difference is in the upfront charges:
NTUC fund 3.5%
STI ETF 0.3%

The annual fee is also different:
NTUC fund - 0.65%
STI ETF 0.3%

You need $3,200 to buy 1,000 shares of STI ETF. You can buy the Singapore Equity fund for $100.

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4 comments:

  1. ZzzMarch 19, 2008 9:16 AM

    Mr. Tan, want to seek your opinion on Lyxor ETF, seems it track serveral Asia country index.

    ReplyDelete
  2. AnonymousMarch 19, 2008 1:36 PM

    STI ETF is now $2.96 (19/3/08)
    Will the US sub prime financial crisis worsen further and hence STI and STI ETF drop further?

    ReplyDelete
  3. AnonymousApril 08, 2008 4:37 PM

    Dear Mr Tan

    Your websites and cv are fascinating and helpful !

    Just 2 queries:
    - What is SGX symbol for StreetTracks STI ETF ?
    - Were you able to become an actuary without university study ?

    Thank you

    ReplyDelete
  4. AnonymousAugust 31, 2009 9:32 PM

    Are there any equty linked tax saving fund in Singapore for individual investors'? What kind of incentives do they offer?

    ReplyDelete