Wednesday, September 01, 2010

Singapore Index Fund

The Singapore Index Fund is invested to track the ST Index. This can be bought in SGX like an ETF. I was told that it can also be bought like a unit trust. The annual management fee for this fund is 0.55% (i.e. slightly higher than  0.3% for StateStreet and 0.28% for DBS). However, being a unit trust, it allows smaller quantities to be bought, instead of 1,000 units in an ETF. If you have personal experience in investing in this fund, please share it.
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3 comments:

AB said...

The DBS STI ETF is available in lot of 100 shares.

September 02, 2010 7:33 PM
Tan Kin Lian said...

Dear AB
The minimum cost of buying 100 lots of DBS is $25 (or whatever). It can amount to nearly 10% of the amount invested. It is too costly to buy in 100 lots.

September 04, 2010 9:12 AM
Warren said...

"It is also sold like a unit trust"

Anyone knows which distributors are currently selling this fund?

June 21, 2012 1:11 PM

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