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 Money in EPF vs Unit Trusts

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no6
post Mar 31 2021, 05:04 PM

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QUOTE(Ramjade @ Dec 2 2020, 09:36 PM)
FSM SG have quarterly platform fees while eUT SG does not have quarterly fees.
Both zero service charge. So why should I pay FSM SG for quarterly platform fees when eUT SG is not charging me? What benefits I will get from FSM SG to warrant that extra charge? Nothing.
Both have the same fund.

Schoders asia growth
Blackrock World Tech funds
- You can pick any tech funds, is just I like this one

I only have this 2 and they are good. Giving me almost 30% returns already.
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eUT SG --> this one ? https://unittrust.poems.com.sg/
any difference from this --> https://www.poems.com.sg/
Ramjade
post Mar 31 2021, 05:36 PM

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QUOTE(no6 @ Mar 31 2021, 05:04 PM)
eUT SG --> this one ? https://unittrust.poems.com.sg/
any difference from this --> https://www.poems.com.sg/
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Same.
pinksapphire
post Mar 31 2021, 07:35 PM

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Came across this thread, then it reminds me of what I read on EPF regarding 0% UT for certain fund house.

Are alot of you guys venturing into this still since it's almost ending (April deadline)? I heard good returns on it, but for myself, I try not to touch my EPF, just because.
roy_zu
post Mar 31 2021, 11:18 PM

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QUOTE(tehoice @ Mar 31 2021, 02:16 PM)
may i know which fund did you invest in?

if you are in KGF and been investing consistently, you should be positive right now instead.
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Can't recall the fund. Yes, it might turn profit now. But no regrets for me since after I moved the fund to EPF, still getting good returns without headache.
DragonReine
post Apr 1 2021, 12:27 AM

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QUOTE(pinksapphire @ Mar 31 2021, 07:35 PM)
Came across this thread, then it reminds me of what I read on EPF regarding 0% UT for certain fund house.

Are alot of you guys venturing into this still since it's almost ending (April deadline)? I heard good returns on it, but for myself, I try not to touch my EPF, just because.
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I put some into Public Mutual (global select fund n singapore equities) as well as principal (one of the China-exposure funds).

Not looking or expecting super big profits, but just want diversify. So far Public Mutual funds are up 15% unrealised profit, Principal is -3% laugh.gif

This post has been edited by DragonReine: Apr 1 2021, 12:27 AM
tehoice
post Apr 1 2021, 10:10 AM

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QUOTE(roy_zu @ Mar 31 2021, 11:18 PM)
Can't recall the fund. Yes, it might turn profit now. But no regrets for me since after I moved the fund to EPF, still getting good returns without headache.
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timing to invest in UT is also kinda important, investing in all time high might set you back a little.

But if you are in KGF, their annualised return has always been good and even up a lot (2 folds easily) since its inception.
no6
post Apr 1 2021, 01:20 PM

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QUOTE(Ramjade @ Mar 31 2021, 05:36 PM)
Same.
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is this the same company from eunittrust malaysia, just that poem is sg version ?
what do they earn if there is not fees at all ? earning from target incentive?
Ramjade
post Apr 1 2021, 01:24 PM

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QUOTE(no6 @ Apr 1 2021, 01:20 PM)
is this the same company from eunittrust malaysia, just that poem is sg version ?
what do they earn if there is not fees at all ? earning from target incentive?
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SG company is the parent company. Like FSM. FSM MY and FSM SG are different.
They earned by trailing fees. The more money they hold, the more money they get from funds. Eg a expense ratio is 1.5%. Out of the 1.5%, maybe 0.3% go to companies like FSM and POEMS. No one knows what is the trailing fees those companies earned.
no6
post Apr 1 2021, 02:21 PM

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QUOTE(Ramjade @ Apr 1 2021, 01:24 PM)
SG company is the parent company. Like FSM. FSM MY and FSM SG are different.
They earned by trailing fees. The more money they hold, the more money they get from funds. Eg a expense ratio is 1.5%. Out of the 1.5%, maybe 0.3% go to companies like FSM and POEMS. No one knows what is the trailing fees those companies earned.
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ah i see, thanks for sharing.
which platform would you recommend for sg stocks? saxo or poem ?
Ramjade
post Apr 1 2021, 02:30 PM

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QUOTE(no6 @ Apr 1 2021, 02:21 PM)
ah i see, thanks for sharing.
which platform would you recommend for sg stocks? saxo or poem ?
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FSM/Tiger/Interactive Broker. Avoid Saxo or POEM.

no6
post Apr 1 2021, 02:37 PM

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QUOTE(Ramjade @ Apr 1 2021, 02:30 PM)
FSM/Tiger/Interactive Broker. Avoid Saxo or POEM.
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didnt know ibkr is good for holding sg stocks, reits, will explore since i have tsg account.
fsm here referring to fsm sg right ?

so poem is only good if you are into sg unit trust for their 0% fees ?
Ramjade
post Apr 1 2021, 02:53 PM

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QUOTE(no6 @ Apr 1 2021, 02:37 PM)
didnt know ibkr is good for holding sg stocks, reits, will explore since i have tsg account.
fsm here referring to fsm sg right ?

so poem is only good if you are into sg unit trust for their 0% fees ?
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Come on. IBKR have the cheapest commision.
Yes FSM SG.

Yes POEMS SG is only good for UT
no6
post Apr 1 2021, 03:13 PM

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QUOTE(Ramjade @ Apr 1 2021, 02:53 PM)
Come on. IBKR have the cheapest commision.
Yes FSM SG.

Yes POEMS SG is only good for UT
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IBKR 0.12% or min SGD 3.75 is really awesome thumbup.gif
FSM 0.08% or min SGD 10 is good if amount is >12,500 , correct ?
SUSxander83
post Apr 1 2021, 04:00 PM

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QUOTE(Ramjade @ Apr 1 2021, 02:30 PM)
FSM/Tiger/Interactive Broker. Avoid Saxo or POEM.
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Is it because SAXO are the fees? Or something else?
apathen
post Apr 1 2021, 04:04 PM

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QUOTE(no6 @ Apr 1 2021, 03:13 PM)
IBKR  0.12% or min SGD 3.75 is really awesome thumbup.gif 
FSM 0.08% or min SGD 10 is good if amount is >12,500 , correct ?
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tiger cheaper actually with 0.08% no min
no6
post Apr 1 2021, 04:12 PM

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is there any referral promotion going on for fsm sg currently ?

pinksapphire
post Apr 1 2021, 04:27 PM

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QUOTE(DragonReine @ Apr 1 2021, 12:27 AM)
I put some into Public Mutual (global select fund n singapore equities) as well as principal (one of the China-exposure funds).

Not looking or expecting super big profits, but just want diversify. So far Public Mutual funds are up 15% unrealised profit, Principal is -3% laugh.gif
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Thanks for your response. Diversify is important, this is my goal too. Since it's 0%, it seems reasonable to do so. But lately market a bit wee wee le, lol...
DragonReine
post Apr 1 2021, 04:47 PM

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QUOTE(pinksapphire @ Apr 1 2021, 04:27 PM)
Thanks for your response. Diversify is important, this is my goal too. Since it's 0%, it seems reasonable to do so. But lately market a bit wee wee le, lol...
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Haha, personally I think if your concern is the volatility but you want to take advantage of equity based UTs' potential returns, a conservative way to do it would be to choose UTs where the prospectus indicates exposure to a wide range of developed countries. Usually (but not always) these kinds of funds will have quite steady growth, not very exciting but you won't lose sweat either. My investments in Public Global Select Fund, for example, has only stayed in green zone since I invested XD

Good luck!
Ramjade
post Apr 1 2021, 04:52 PM

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QUOTE(no6 @ Apr 1 2021, 03:13 PM)
IBKR  0.12% or min SGD 3.75 is really awesome thumbup.gif 
FSM 0.08% or min SGD 10 is good if amount is >12,500 , correct ?
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Yes. If you are doing SGD12500 better got with pure IB. Cheaper.
For me, there's no reason to open FSM.

QUOTE(xander83 @ Apr 1 2021, 04:00 PM)
Is it because SAXO are the fees? Or something else?
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Yup. Saxo like FSM only good for SG stocks. Nothing else. Do not fall for their marketing. Saxo have very good marketing. biggrin.gif
Saxo have platform fees, lousy exchange rate vs IBKR.

QUOTE(apathen @ Apr 1 2021, 04:04 PM)
tiger cheaper actually with 0.08% no min
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If you trust a China company eventhough they have license. For me I only use them for real time data. biggrin.gif


QUOTE(no6 @ Apr 1 2021, 04:12 PM)
is there any referral promotion going on for fsm sg currently ?
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Only this
https://secure.fundsupermart.com/fsm/advice...vices/faq/8937/
SUSxander83
post Apr 1 2021, 05:25 PM

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QUOTE(Ramjade @ Apr 1 2021, 01:24 PM)
SG company is the parent company. Like FSM. FSM MY and FSM SG are different.
They earned by trailing fees. The more money they hold, the more money they get from funds. Eg a expense ratio is 1.5%. Out of the 1.5%, maybe 0.3% go to companies like FSM and POEMS. No one knows what is the trailing fees those companies earned.
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Anybody into 0% promo trade for US stocks for POEMS just for this month only?

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