Hi all. Just attended the CIMB briefing for the new ValueCap ETF that will be launched on 28 Feb, the i-VCAP MyETF-US50. For those of you who don't want the hassle of setting up an account with a foreign broker, it seems like a decent proposition, although keep in mind that it's a Shariah-compliant ETF therefore the benchmark is different.

I take issue with their high mgmt fees (40bps!!!) + unit creation ability (institution arbitrage?), so am looking to acquire a US-tracking ETF at the lowest cost. Based on what I've read here, seems like Interactive Brokers and the Vanguard S&P 500 UCITS ETF (VUSA) is the way to go.