Could be faster. Check your email. They say something about all being paperless now the last time I went there with my family (2nd trip). Not sure if really implemented or half implemented only.

Nah. CDP will never get below $25. Best way to sell is use DBS V. Get $5 rebate making it effective $20. Best account to have with CDP is Maybank KE as you can apply for MCEP and let you have a USD account for USD1 only.

No forum I know of talk about SG unit trust. I could be wrong. All SGrean talk about STI, ETF and no one talks about UT. Actually I have already have my own UT watchlist. You share yours then I share mine. Then we can compare.

This post has been edited by Ramjade: Aug 20 2017, 01:28 PM

where in PHILIP CAP can find EUROZONE SMALL CAP?

https://www.justetf.com/en/how-to/small-cap-etfs-europe.html

something like this ?

philip cap list of FUNDS so so so many.. .need to find method to shortlist.

Use FSM SG Fund Selector to filter out the funds. Then check and see if available on Phillip.
Here you go:
https://www.eunittrust.com.sg/FundFinder.aspx
Asset class: Equities
Geographical: Europe
Sector/Strategy: Small to medium companies
Click filter.

All the fund will be there (which fit the criteria). How to choose the best EU fund?
1) Use FSM SG Chart Centre
2) Use Morningstar SG. (Choose that one with 4-5 stars)

This post has been edited by Ramjade: Aug 20 2017, 05:16 PM

Hi there, new to FSM here. I've just briefly skim through the pages. It seems that FSM, Phillips, and DollarDex are are all options for investments.

Which is the preferred option for someone that wants to put about ~30k USD into their funds for mid term growth.

FSM SG
- no need SG bank account to open
- application can be done online
- the widest selection of funds
- if you are feeling rich/generous and don't mind "donating free money" to them (quarterly 0.1% platform fees),

Phillip SG
- possible need SG bank account(best to check with their customer service)
- 0% service charge, 0% platform fees
- application can only be done via post/in person

Dollardex
- 0% service charge, 0% platform fees
- no need SG bank account for application
- need SG address for application
- application can be done online

For me, the only option is between Phillip/FSM. I don't feel particularly generous/rich enough to give free money to FSM so I choose Phillip.

This post has been edited by Ramjade: Aug 23 2017, 07:14 PM

Thanks Ramjade, gracious as ever in sharing knowledge.

What do u want to buy? FSM also distribute bonds if that's relevant to you

Both FSM and Philip has quasi robo advisory. Same pricing. I prefer this product these days. No need to headache what to buy and when to rebalance.

If u r into robo advisory there's also smartly and all discussed in this thread. I still haven't got around trying them out

The only thing is most of them accepts SGD instead of USD. So u would want to check if you send them USD, what's the rate they would convert it to SGD before u can buy the product u wanted. Of course u can stick to the products that r denominated in USD, but it'll be limiting ur options unnecessarily

Thanks dasecret!

I am split either to put my next investment into Vanguard or Philip. Robo Advisory is fine by me as I am happy to automate things

Yeaps, most of the money I want to put to use is in USD, I have some SGD so I have to safe up. I definitely want to go for the best options, don't want to limit my options because of the currency.

This post has been edited by simplylegendary: Aug 24 2017, 02:21 AM

Take your time to read though this blog http://www.turtleinvestor.net/. He's a pro on ETF investing. And there are more ways to buy a Vanguard fund rather than opening a Vanguard account (which I do not recommend opening account with them. But I am a noob, so don't listen to me )

Thanks again!

Have given up on buying Vanguard mutual since we are not allowed to, in fact U.S. citizens have pointed out that their accounts get frozen if Vanguard finds out they live overseas. Vanguard ETF will do, most likely their All World ETF.

Turtleinvestor is interesting, advice is closer to home His advices to buy Vanguard index too but likes to use SPDR ETF as references in his article, I wonder why.

This post has been edited by simplylegendary: Aug 24 2017, 11:47 AM

One more thing,

Looking at Vanguard's Total World Stock ETF image below, does it mean that Vanguard's returns is closely modeled to FTSE's spliced index, but actually lost out by a small margin?



This post has been edited by simplylegendary: Aug 24 2017, 12:06 PM

There's a few reason I tell you don't go open Vanguard account
1) Vanguard is famous for their ETF not their mutual funds and mutual funds.
2) Why restrict yourself to Vanguard when there are other ETFs like iShare, etc


Could be because of the fees you need to pay for ETF to be run? Best you drop him an email regarding your questions. I don't think I am qualified to answer your question as I have never really research on ETF. He on the other hand is an ETF investor and he have done his homework.

You can buy Vanguard ETF online via any brokerage account, either from HKSE or NYSE:ARCA

Hint : Buying through HKSE have no witholding tax..

Only std brokerage applies

ETF >>>>> UT

My first investment in 2005 is via FSM:UT.. after the platform fees makes it super expensive, cashed out and look for direct investment..

This post has been edited by gark: Aug 24 2017, 02:07 PM

Because Vanguard ETF has cheapest fees compared to others with the same performance? Reason enough..

Tracking error, forex and also due to fees. The lower the fees will make this error smaller.

This is very common in ETF. (UT is much more worse... with sky high fees)

This post has been edited by gark: Aug 24 2017, 02:06 PM

You forgot, with holding fees + expensive brokerage + dividend fees + maintenance fee
We asian investors suffer because of those extra fees.

Only 0.1% Brokerage, SGD2 holding and 1% of dividend as fees.. consider cheap lah, compared to the 1.5%-2.0% they charge for UT..

You think UT manager buy shares no need brokerage charges? Go see how much their yearly brokerage is... in the annual report.

Got to put things in perspective.

This post has been edited by gark: Aug 24 2017, 02:32 PM

Ya I know. Sometimes up to few million
But for asia region, unit trust is still the way to go as mat salleh ETF which track the benchmark still get left behind in the dust by fund managers. Not once but few years already.

Asia still not advanced (efficient) yet.. this one better buy stock direct only..

ETF if you want to buy US, Commodities, Europe or world stocks.. is better.

elea88, I tried buying from POEMS today. See boleh jalan or not. One of the fund I want to buy tutup already

Want to park my money in bond funds. Nothing to buy at least let the money work a little bit.

This post has been edited by Ramjade: Sep 5 2017, 10:12 AM