You had mentioned before....direct stock or etf will reduce the losses...no need to pay for the mgmt fees n other fees

1. Stock. Need high capital plus where you got accesss to all market?
2. ETF, only viable ETF is STI. Rest of the ETF beyond ordinary investor reach (cost of buying world ETF is crazy when some broker charge you SGD2/month for buying it. If use IB, kena charge USD10/month for inactivity fees)
3. For Asia pacific, funds still outperform benchmark (MSCI) so why settle for MSCI when the fund beats it easily?
4. For US maybe. But buying anything US related will kena 30% witho holding tax.

Does one need to hv access to all mkts to invest diversily?
Sgd2/mth can be saved by not using the car on 1 trip

Look at Ponzi 2. Do a normal investor have access to all the country market? Theoretically can but it's going to be expensive.
For me, if a fund can beat the benchmark (most ETF track an index which is usually the benchmark) over 3 years, buy the fund instead of the ETF. Also, SGD2/month = SGD24/year. If buying a fund which can beat the index/match the index, it will incur no cost (management fees is already priced in with the NAV) so why incur extra cost?

Of course if you are in the US/UK/EU citizen than it's different.

yes, what you mentioned are mathematically logical concern....but i think for most investors...that monetary concerns are too minimal to take notice of.

AIYH I just realised that Phillip does not have Ponzi 2.

Then better stick back fsm my ponzi 2 ba

AIYH, POEMS SG platform really So much info until Not like FSM MY.

Is that suppose to be a compliment or sarcasm?

Criticism. I asked for UT account and they gave me everything in one account.

Yes, in fact it feels like you buy UT like you buy stocks

I can't buy anything yet it seems, need call to activate account

Btw, need 2 FA with Phillip UT?

This post has been edited by Ramjade: Feb 25 2017, 10:53 PM

Initially they told me need SG account. But then told me need. But I did provided them with one after manage to get it.

If you want certain funds, no choice need to open FSM SG. If you don't need certain funds, then POEMS is good enough. There's also another provider. DollarDex. DollarDex will mail everything to Malaysia if you tell them that you want to open account unlike POEM

FSM SG can apply online.

This post has been edited by Ramjade: Feb 28 2017, 08:43 PM

You can buy the mother fund from FSM SG
https://www.fundsupermart.com/main/fundinfo...olnumber=SCD030

Or you can save on platform fees. POEMS also sell the same fund

Thanks.

for my Sg dollar, I would invest in Sg or ASX markets.

For me, I will skip FSM MY and pump my FSM portion into POEM. My ASX FP part for SGX.
FSM MY charge 2% SC vs POEM at 0%. Besides, there are much better fund over in SG.
Eg 1
TA Global Tech for FSM MY which invest into Henderson Global Tech (found in FSM SG/POEM) vs Fidlility Global Tech (a better fund than Henderson Global Tech)

Eg 2
Schroder Asian Income SGD vs First State Bridge (the better fund)

This post has been edited by Ramjade: Mar 1 2017, 08:09 PM

A very sound plan. Good to hear.

AIYH, dasecret which fund you think is better?
FTIF Templeton Asian Smaller Companies
or

Fidelity Asian Smaller Companies
Nevermind. Found my answer

This post has been edited by Ramjade: Mar 7 2017, 11:21 PM

Had you considered this before?

HSBC Global Investment Funds – Asia ex Japan Equity Smaller Companies

I did. It's too high risk vs the other 2.