I am new to this but I concur. Don't understand what the uproar about 4 % dividend this year. Why look at past year trends when other factors like the economy recession and aftermath of covid plays such a huge role this year?

They should float the unit price to end this black market and irrational demand. The fact that unit price is fixed and risk is perceived as similar to FD rate means the demand will keep coming until post-"commission/sales charge to black market sellers" come down to FD rate. Only when unit price floats can the market sees there is such a thing called "risk".

Completely anticipated by economics theory decades-old, yet no one dare to make any changes.

Anyway, the grass is greener out there. Closer to home, S-REITs, S-banks and SG blue chips pay me 6-10% p.a. No need to rob for units everyday. Can buy blue-chip stocks anytime, save the hassle.