Yup. If you choose FSM SG, you get 0% service charge + 0% switching fees + 0.4% platform fees. I think is cheaper than your wrap account?

If choose phillip 0% service charge + 0% switching fees + 0% platform fees. Ho boh?

This post has been edited by Ramjade: Apr 1 2017, 08:11 AM

Lai lai. Kasi you homework. Want or not? To open Phillip SG, they want a SG bank account. No SG bank account, no talk. FSM excuse you. Your choice.
1. Either way, recommend to open a SG bank account. How? Read openning a bank account in singapore
2. You can do it from Malaysia also can.
3. After account opening (approximately 1 month later) fill up the FSM SG online form.
https://secure.fundsupermart.com/fsm/account-opening/main
4. If you choose Phillip SG, follow instructions https://www.eunittrust.com.sg/ReadPage.aspx?id=16
Get all your documents verified by commissioner of oath and post it down to SG.

See easy right? No need to go down Singapore. All done in Malaysia

I think he means the daughter fund have to outperform the mother fund by big margin then it will win in the long term.
However if the daughter outperform the mother fund by a small margin, the mother fund can still win provided the exchange rate is strong.

Also. I think indirectly it means we just need to find something which does not perform as good as malaysian counterpart and still can win which makes out life a lot easier as we don't need to select the highest return. We can be laid back and let the depreciation of ringgit do the work.
Eg.
In malaysia we need something like 10%
In singapore 7% returns should be sufficient to beat the malaysian fund with 10% returns. Of course if we can find something with 10% return in Singapore, its a different story.

Let's wait and see Hansel agree with my statement or not.

This post has been edited by Ramjade: Apr 2 2017, 10:13 AM

US with holding 30% tax.
Also most US ETF which track asia pacific cannot beat asia pacific funds.

Agreed with these statements after reading that majority of rich indons (80%+) keep their money in SG
Big problem for Indon govt to get the money back. Also, where do you see priority banking in indon language? This shows how much indon makes up the pie of the SG banks.

Really? SGD can appreciate against the USD you know. Just because USD is on the rising trend against all currency, it does not make it superior over SGD.

This post has been edited by Ramjade: Apr 3 2017, 11:12 PM

Deleted

This post has been edited by Ramjade: Apr 20 2017, 09:39 PM

As answered by dasecret. Or you go the ramjade's way. Use info from FSM SG and buy from POEMS. Free leeching

Yes.

No problem.

I am going to start soon. Going to follow sifu xuzen recommendation for US sector to use global tech.
How do you use Morningstar SG to select funds?

This post has been edited by Ramjade: May 16 2017, 09:05 PM

I am kind of apprehensive towards ETF investing because:
1) we are getting average results
2) ETF weightage is not diversified. Take STI. A big chunk of it of the component are banks. A ETF with equal weightage to all stocks give better results than regular ETF (according to a study done)
3) ETF investing decreases value
http://fifthperson.com/passive-index-inves...ation-of-value/

Some fees we can control. Some we cannot. For those fees that we control
1) brokerage fees
2) platform fees
3) service charges
4) dividend fees (most brokerage charge their customer on foreign dividend)
5) inactivity fees (again charged by some broker)

For thoae we cannot control
1) management fees
2) trustee fee

Control what we can. I am not a fan of ETF cause if a fund manager can beat the ETF, why bother with lower returns via ETF?
Eg. Kenanga Growth Fund vs KLCI. KGF beats KLCI hands down every time (even with management fees as it's already in the NAV). Will I invest in an ETF based on KLCI or KGF? Of course I will choose KGF. Times like this management fees cannot be save. I will gladly pay the fees and buy KGF over any ETF based on KLCI. Maybe you can say jagoh kampung which maybe is true (valid for malaysia) but not the US (as majority of US fund manager cannot beat the S&P500).

Same with asia pacific ex japan. Would I buy an asia pacific ex japan ETF or would I buy a fund which beats the asia pacific ex japan index? Of course I will choose the fund over the ETF.

It's those pesky platform fees, service charges which get under my skin.
They don't help to boost the return but diminish it unlike management fees.

You are not the onky one saying that. Other financial bloggers are saying the same thing.

This post has been edited by Ramjade: May 19 2017, 12:26 PM

Dividend not important. Dividend give you x% the NAV also drop by x%.

Suggest you don't transfer. UT in banks does not incur platform fees of 0.4%p.a. Keep in FSM will incur that platform fees (which means you are losing small amount of money to FSM every quarter. As your investment value grow, you pay more)

What you can do is buy from FSM and transfer to DBS.

5%? I thought DBS charge is 0.75%?

It's seems redundant all 3 funds. You need to know how to build your own portfolio. State bridge is basically a balanced fund. You can do it yourself by getting a bond/reit/infrastructure fund. Divide x% for equities, y% for fixed income.

Dividend Advantage is more of defensive. That was my first choice until I research more and found better fund. If you cannot tahan too much flacuation, go for lower volatility fund. Use FSM SG to search the funds.

Let's talk here. If talk there Off Topic, nanti people marah.

See this page. Follow the instructions
https://www.eunittrust.com.sg/ReadPage.aspx?id=16. Fill up
1)Account opening form
2) PDPA form
3) CKA Declaration (you don't need to take their test)

You can hand in all documents by hand (go to SG or by mail). I went in person (as I was going there to open my bank account too)

Keep in mind Phillip SG requires you to have a SG bank account before they let you open. I was able to bypass that but still need to give them my SG bank account or else they will cancel my account. FSM SG doesn't need you to have SG bank account.
https://secure.fundsupermart.com/fsm/account-opening/main

More info on how to open bank account in SGhttps://forum.lowyat.net/topic/1440794/all

FSM SG charges
0.1% per quarter platform fees on all funds. Which means even though you didn't topup, your fund continue to increase in value, so the next quarter platform fees will be higher than current charges even though both is 0.1%.

This post has been edited by Ramjade: Jun 22 2017, 05:27 PM

Let's talk here. There offtopic. I haven't buy yet. Too high to buy in. On my watch list.
- Fidelity Global tech EUR (TT EUR from malaysia to Phillip to buy) of course
- First State regional india
- Schroder Asian Growth fund (if got Schroder Asian Total return in SGD will buy that instead but only got USD)
- Parvest Japan small cap USD*
- First State Global Infrastructure (this is to replace asia pacific reits and act as pseudo bond)*
- United Asian HY Bond fund can get 10% p.a (recommended by Hansel)*

*optional

Not sure lei. But for 5 years record have been giving out 10%+. But from my obersavtion, it's more like amasia but not as bad as amasia.
That's why I prefer global infrastructure.

This post has been edited by Ramjade: Jun 22 2017, 06:50 PM

What?! You don't have a UT account in SG?
Btw, recommend you to go down there, visit any Phillip investor center and drop off the form there rather than post from here. If post from here, all documents need to be verified with commissioner of oath.

There are actually 3 ETF investors you can choose. This might make your choosing easier.
https://www.turtleinvestor.net/robo-advisor...way-vs-smartly/