Today I got an interesting question by reader Kah in response to my article comparing ETFs tracking the Singapore Straits Times Index. Kah asked me whether it makes sense to POSB Invest Saver Plan and how fees matter in this case. Read on for the full analysis!
Recently I read a lot about unit trusts, which most of the time are actively managed funds with high expenses. They are well loved by financial advisers trying to earn some commissions, but I would like to explain why you should be very careful when evaluating unit trusts.
Recently I decided to add an exchange traded fund (ETF) tracking the Straits Times Index (STI) to my portfolio. My reasons: I more or less believe in the future of Singapore as a great place to do business and I have too many ETFs in Hong Kong Dollars already.
Which ETF is the best choice for tracking the STI?