What you have said is true. In fact when I read FSM articles they already said if suppose the stock is in CNH, even if the fund is say SGD denominated, the fund manager will still take your Sing dollars and convert so as to buy that stock. That is why some UT has this XXX and then XXXX-H aka hedged.

Back to earlier topic on DCA I do practice monthly DCA (time salary comes in) like most ppl. Just happen for my foreign currency denominated UT/ETF, I take a slightly more frequent weekly or fortnightly DCA. So was asking investors here for foreign currency denominated UT/ETF do you all also do monthly DCA or like me invest more frequent. Or none of you invest in UT/ETF that is of foreign currency ?

Also to clarify although I do weekly DCA the total amount will be about the same as monthly DCA. E.g X dollars for monthly will be about X dollars / 4 for each weekly DCA.

on that,
i read in Stashaway thread
StashAway Malaysia, Multi-Region ETF at your fingertips!
https://forum.lowyat.net/topic/4750563

there are some also do it very frequently,...like once a week too

Hi friends,
Yesterday I was planning to start invest in US index funds which only track s&p 500 stocks with lowest or with no expense ratio (less than 0.03%).
As I go through I could only find VOO.
I couldn't find any other index funds with lower expense ratio such as SWPPX(expense raio=0.015%) and FXIAX(expense ratio 0.015%).
Are they available in FSMONE?
I tried with website version and mobile app.
Or VOO is the only option?
Thanks.

on that,
googled and found from
https://etfdb.com/index/sp-500-index/#expenses&page=1

looks like there is none as per that site that can suits your parameter


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Are the expense ratio of those 2 posted by you is less than 0.03% n focused in sp500 index as you wanted?
If yes, then you managed to find it....
Then use the ETF selector in fsm to see if this 2 is there in their platform?
Else you can try check fsm s'pore site

This post has been edited by MUM: Nov 23 2021, 08:59 PM

0.015% pa VS 0.03% pa is 0.015% pa variance
0.015 variance X 30 yrs = 0.45% variance over 30 yrs

if i hold a 0.03%pa investment while you hold a 0.015%pa investment...
if everything else is the same,...at end of 30 yrs,...the variance is 0.45% only?

is this correct?

This post has been edited by yklooi: Nov 23 2021, 09:49 PM

compiled this...
started with 10 000
monthly top up 100

ROI is 10% pa
variance is 0.02% pa in management fees

at end of 30 yrs ..... variance in cumulative ROI is about 0.5% between you an him



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china funds too strong to keep dropping...

Just want to confirm if top up PRS on the same fund topped up last year, no need to submit any form right? Just same to buy any other UT funds and submit form is only for first time buyer to fill in PPA number?
Last transaction happened last year and I forrgot about this not sure is it correct ?

having hardtime to understand your question
but i assume you meant you already opened account and bought fund A through FSM, now just topup, do you require to resubmit any form? the answer is no you can do it all online

Sorry didn’t elaborate clearly on my question.
I already have PPA number and last year I top up Principal PRS “ Islamic Asia Pacific xxx ”, and this year if I continue top up 3k on this same PRS fund, will just need to buy and pay only right? Do I need to fill in PRS form and mail hardcopy to FSM?
I have this concern because I remember last year (Or 2019) I did go to post office to send hardcopy form to FSM...
And yesterday when I tried top up Manulife PRS (global reit) before I reached payment page it did show a form for me fill in and mail hardcopy.
Thus wondering if i top up the same PRS fund that I already have do I need to submit hardcopy form again? I think the answer is no but just would like to confirm with sifu here . Thanks

thru FSM?

you already purchased Principal PRS funds through FSM before, so no need as you already have Principal account opened

the reason why u need to submit the form for Manulife PRS is that it is a different fund house, you don't have an account with Manulife, so you need to submit the form for FSM to open a Manulife account for you.

This post has been edited by tadashi987: Nov 24 2021, 09:27 PM

another thing to know about the quality of these funds are the liquidity and the discount / premium ratios. Some may have a tracking error higher than another, and that can eat into your value. Especially for illiquid funds.

Ok thanks for confirmation

You are correct there. This is why some investor do look at the fund size besides expense ratio etc. FSM homepage has a section on Top Volume by Sales but I think this refer to sales transacted via FSM platform so not sure if it is enough as I believe the fund house also accept transactions from various parties besides just FSM.

I would like to ask what are the criteria you all will use to determine which UT to invest based on the fund factsheet url provided by FSM?

For me they are
- Included under CPFIS OA/ CPFIS SA, SRS (this is not applicable to non-Sporean I know)
- Fund Factsheet (this is impt becuz sometimes the fund name says Global XXX but you look into the pdf top 10 holdings all dominated by China,India,US companies)
- Fund Size
- Fund House (this is to see if there are other funds under same house so can do intra-fund switching easily in future)
- Geographical Allocation
- Fund Currency Denomination (is it USD, CNH etc)
- Launch Date
- Price History
- Fund Historical Price
- Offer to Bid Returns
- Historical Dividend/Frequency (this is not applicable for fund not giving dividend I know)
- Min Initial Amount
- Min Subsequent Amount
- Min RSP Investment
- Min Redemption Amount
- Min Holding

other than the obvious one ..... "under CPFIS OA/ CPFIS SA, SRS"

do you gives the same rating to each of those listed items?
what if the fund you liked has 40% items achieving better details compare to the other fund which you don't like but has a 50% items achieved better results?

what is your preference for currency denomination items?...do you prefer USD or CNH, etc??
how do you judge offer to bid price items? how do you determine which one is better?
how often can you withdraw from CPFIS so as to be eligible for the "RSP" scheme?
(ex,...malaysia EPF has a 3 months before next withdrawal condition, thus i don't think RSP scheme can have 3 months once scheme)
So how does min RSP investment items be judged?

This post has been edited by yklooi: Nov 25 2021, 06:58 PM

Was expecting answers but you ask question so I will give my version. What do you mean by like? E.g Is it you like Microsoft in fundA but it is not performing as well as fundB which does not have Microsoft? If yes then for me I look at which fund give better returns. Emotionally attached to which stock is a no no in my strategy.

For me I see my local currency after exchange give me how much. E.g SGD need to fork out more 1.5+k to buy one USD 1k fund. SGD 1k can buy about four CNH 1k funds. Of cuz the CNH fund returns must also be good.

Offer to bid I just use fsm website to check the different funds. Someone told me another website I will check soon.

CPFIS every withdrawal incur a service charge to the bank mandatory to open acct in order to invest. So no 3 months concept. But you need to maintain 20k OA and 40k SA untouched. Only monies above that then can use to invest.

Some fund min RSP is 500 too much for me. I prefer lower like 100. So with 500 I can top up 5 fund instead of 1 gaining more exposure.