More options for low cost funds

Hi Mr. Tan,
I refer to your earlier post on no load financial products. In addition to such products, I think local investors also have an extremely poor choice when it comes to low-cost index funds or ETFs in mid and small cap companies, or in growth and value companies, unlike in the US.

Currently, we only have the STI-ETF which includes big-cap companies and where 40% of the index is already made up by the big 3 local banks.

As you're aware, a good and effective asset allocation plan, involving various asset sub-classes such as big, medium and small companies will help greatly in reducing volatility and increasing an investor's returns. And traditionally, of course, value and growth companies also offer higher returns than big-cap companies, albeit with higher risks.

I hope these products, including also a REIT-index-based product, will be introduced in the market soon, maybe by you? Thanks.

REPLY
Thank you. I hope that there will be more options for low-cost funds for the public in the near future.-