Poems offering Amundi UT

steven168z

steven168z

Master Member
Joined
Oct 16, 2013
Messages
3,399
Reaction score
171
Amundi MSCI global index is in SGD seem a good. is it hedged to usd?

what is the withholding tax for Amundi MSCI global index?
 
Y

yslvlys

Senior Member
Joined
Dec 23, 2023
Messages
1,546
Reaction score
461
How long does buying unit trusts in Poems take to settle? Are the funds auto deducted from my cash account? I just bought small amount of Amundi fund 2 days ago. Today the cash does not seem to be deducted yet..
 
TerryPower

TerryPower

Supremacy Member
Joined
Dec 2, 2004
Messages
8,062
Reaction score
4,383
just asking for general knowledge, i don't think i will invest more than 60k in it

are there any estate tax for these Amundi funds?
 
L

limster

Arch-Supremacy Member
Joined
Oct 31, 2000
Messages
12,729
Reaction score
3,740
yslvlys said:
How long does buying unit trusts in Poems take to settle? Are the funds auto deducted from my cash account? I just bought small amount of Amundi fund 2 days ago. Today the cash does not seem to be deducted yet..
Click to expand...

Poems UT is T+2. If you deposit cash on the same day that you place the order, you will earn a few cents interest while waiting for settlement.
 
B

bearkia

Member
Joined
Sep 20, 2022
Messages
108
Reaction score
41
yslvlys said:
How long does buying unit trusts in Poems take to settle? Are the funds auto deducted from my cash account? I just bought small amount of Amundi fund 2 days ago. Today the cash does not seem to be deducted yet..
Click to expand...
What time did you buy? Unit trust cutoff for Poems is 3pm, after that is consider next day.
 
B

bangzhou

Junior Member
Joined
Jan 29, 2008
Messages
21
Reaction score
1
Is there any US estate tax involved for

Amundi Index MSCI World A12S (C) SGD in poems?​

 
TerryPower

TerryPower

Supremacy Member
Joined
Dec 2, 2004
Messages
8,062
Reaction score
4,383
1) Assuming I'm buying Amundi Index MSCI World A12S (C) SGD using SRS
2) Assuming tax and SRS penalty, etc. not changed by then
3) If the market value too high by 2033, I will withdraw half in 2033 and the rest in 2034

Some questions
a) Is my calculations below correct?
b) Good idea or any other suggestions?

6xVTC68.png
 
Guojing88

Guojing88

Master Member
Joined
Feb 14, 2004
Messages
3,614
Reaction score
816
TerryPower said:
Msci world
Msci emerging markets
1 global bonds

US Prime not available. Don't know can it be bought soon.
Click to expand...

"Any **incremental purchase of SRS eligible unit trust funds purchased using SRS funds through Phillip Securities’ platforms."

Yep, this means all 3 above are included.
 
tangent314

tangent314

Moderator
Moderator
Joined
Jul 26, 2002
Messages
5,136
Reaction score
228
Hmm... I have been throwing my annual SRS into Lion Global All Seasons (Growth).
Think I will try this one this year.
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top