nope it means you are creating a "custom etf" for youself.

e.g., you put $100 into tesla, $100 into ARKK, you'll be exposing yourself to *55.245% of tesla

*50% + (10.49% / 2)
10.49% is current weightage of tesla in ARKK now https://ark-funds.com/arkk

This post has been edited by Medufsaid: Sep 4 2021, 08:08 AM

these are the ETFs you can trade on bursa

direct but it's more expensive if compared to

• Wise USD ACH into IBKR
• convert into SGD bank account and DuitNow (in singapore it's FAST transfer) to IBKR

Wise charges 0.65% for MYR->USD, and 0.7% for MYR -> SGD. using wise to convert to SGD will always be more expensive

https://wise.com/my/pricing/hold-fees?sourc...R&targetCcy=USD	https://wise.com/my/pricing/hold-fees?sourc...R&targetCcy=SGD

the reason why MYR->SGD->USD is cheaper is because we are using

• Money Match
• DuitNow to MBB sg (limited to RM3k daily)
• bigpay
• sunway money

so so our MYR->SGD rates are 0.3-0.4%

This post has been edited by Medufsaid: Dec 13 2023, 12:45 PM

if u really need to change during after hours, I heard bigpay's rate is more competitive. been wanting to find out but no time

i buy SXLK (via IBKR). it's the same as XLK but will save half of the 30% WHT

don't quite understand.

If you use $1000 to buy one ETF, let's say you get taxed $30. If you buy 10 ETF with $100 each, you get taxed $3 ten times.

The amt you get taxed is the same

oooh understood. Can't help you as all my ETFs (including SXLK) are accumulating type so the money stays reinvested

lola88 SXLK is Irish domiciled. So 15% withholding tax instead of 30%

u can find out exactly how much dividend given out https://www.nasdaq.com/market-activity/etf/...ividend-history that's 0.117% saved



S&P500 dividend is 1.31% https://www.nasdaq.com/market-activity/etf/...ividend-history

This post has been edited by Medufsaid: Apr 17 2024, 12:19 PM

VT annual dividend 1.55%. assuming ISAC 100% replicates VT, you only save 0.2325% annually



so now u find out if FSM transaction fees + 0.2325% additional WHT is cheaper than SA 0.3% annual feesit's 0.3%

This post has been edited by Medufsaid: May 7 2024, 11:13 AM

jutamind stashaway. FSM fees is RM1 + RM1 Malaysian stamp duty. That's already 1%-2% of your RM100-200

IBKR has joint account - Tenancy by the Entirety for you to open with your spouse

HumbleBF buying $SPYL via Swiss EBS exchange manually is USD4. So I have reasons to believe the USD1.70 IBKR charges for EBS via recurring investment is wrong (similar to how they charged U$0.35 for LSE etfs in recurring investment last year)

togekiss sound like you are using Wise to transfer to IBKR right? RM500 is expensive bcos Wise charges USD1.13 for each USD transfer

luckily you can convert from MYR to SGD inside Wise, and send to IBKR for free. while you slowly open an sg bank acct for withdrawals