MARI invest

[Prohere7321]

MIG NAV Price decreases for Monday (or whenever the next business day), around 1.1371.

Last announced 120226 NAV Price of MIG (1.1588).

Unannounced 130226 estimated NAV Price of MIG (1.1371).

 

[Prohere7321]

Unannounced 160226 estimated NAV Price of MIG is around 1.1455.

 

[Jirachi]

I look forward to what you will say when the gold price eventually corrects.

Lmao. It happened

 

[Jirachi]

Has anyone gotten your bonus unit from the MIG promotion?

 

[pratik28]

Hi Gurus , am newbie to digital / paper gold or ETFs , Mutual Funds , etc.

So there is ,
Maribank Gold Invest , expense ratio 0.5%
Spdr Gold ETF sgd , expense ratio 0.4%.
So is 0.1% the only difference between the 2 options?
is there any other cost consideration , spread difference , etc?

Than there is UOB gold savings a/c too with a spread of 0.5% plus annual fee of 0.25%.
And OCBC precious metal a/c with a much higher spread of about 1.5% to 2% but no annual fees.

 

[wutawa]

Hi Gurus , am newbie to digital / paper gold or ETFs , Mutual Funds , etc.

So there is ,
Maribank Gold Invest , expense ratio 0.5%
Spdr Gold ETF sgd , expense ratio 0.4%.
So is 0.1% the only difference between the 2 options?
is there any other cost consideration , spread difference , etc?

Than there is UOB gold savings a/c too with a spread of 0.5% plus annual fee of 0.25%.
And OCBC precious metal a/c with a much higher spread of about 1.5% to 2% but no annual fees.

features of mari invest gold (unit trust):
- mari → lionglobal → standchart → le freeport → gold
- track lbma gold price am
- sgd hedged, unaffected by fx rate
- only 1 unit price upon closing on each trading day, no spread
- unit price announced usually 1 day after
- order proccessing: buy 2 days, sell about 4 days
- min order $1
- annual management fee 0.5%
- no sales charge, withdrawal fee, holding fee (no other fees)