SRS Investment

[776ALA]

Out of touch
Can i use fsm to sell srs holdings? Thx

Yes, you could.

 

[little pupsky]

I’m not keen to use SRS to buy ES3 anymore which was what I have been doing for years.

Any other good options? The fees for the unit trusts also make me sian...

 

[assiak71]

I’m not keen to use SRS to buy ES3 anymore which was what I have been doing for years.

Any other good options? The fees for the unit trusts also make me sian...

Endowus global portfolio

 

[Ericyip88]

Does anyone know if investing ETFs and UTs using SRS entitle to dividends? I suppose yes but I cannot find anywhere in my OCBC SRS statement showing incoming dividends. Can anyone teach me how to check?

Login in to OCBC online, select SRS Account, then SRS Account Details, then CPF transactions.

 

[Ericyip88]

If you link the SRS to Poems, by logging in to POEMS using PC / its Phillips WM, can see the SRS holdings too.
:

My SRS is link to POEMS and I can use POEMS to buy shares using SRS. Only purchase using POEMS are recorded in POEMS. If I tell my remiser to buy using SRS, it will not be recorded in POEMS. So see correct holdings in SRS operater (the bank).

 

[rerear]

Meaning no real incentive to use Robos like Endowus to buy, better to self-service using POEMS platform for lowest fees? Catch is that not all funds are available to POEMS?

 

[karakorum1999]

My SRS is link to POEMS and I can use POEMS to buy shares using SRS. Only purchase using POEMS are recorded in POEMS. If I tell my remiser to buy using SRS, it will not be recorded in POEMS. So see correct holdings in SRS operater (the bank).

May I know if using POEMS for SRS would be cheaper than using FSMone?
I know for unit trusts, POEMS is better as it does not charge platform fees.

What about for shares and ETF? FSMOne charges 0.08% with $10min.

 

[Kojo0403]

I’m not keen to use SRS to buy ES3 anymore which was what I have been doing for years.

Any other good options? The fees for the unit trusts also make me sian...

go for lion hang seng tech etf. sgx stock code HST

 

[naro]

I’m not keen to use SRS to buy ES3 anymore which was what I have been doing for years.

Any other good options? The fees for the unit trusts also make me sian...

U have to look carefully.

Eg Lionglobal All Seasons Growth Fund has total expense ratio of 0.49%. One of the lowest around. If you buy on POEMS which does not charge sales and platform fees, it is quite palatable.

 

[softwareengineer]

Endowus global portfolio

Any high level idea on how better it is when compared with Stashaway? Thanks

 

[gold_eagle36]

Any high level idea on how better it is when compared with Stashaway? Thanks

Different strategies and I use both.

Let's try to justify their fees based on the "value" they provide. Stashaway value add is it's strategy of switching the allocation of etfs to different sectors depending on market conditions based on their data collected (current allocation is all weather).

Endowus is more passive but they provide access to some institutional class funds which you would not have access to through other broker or platforms. Their global portfolios are very well diversified. Good if you believe that diversification reduces overall risks.

 

[softwareengineer]

Different strategies and I use both.

Let's try to justify their fees based on the "value" they provide. Stashaway value add is it's strategy of switching the allocation of etfs to different sectors depending on market conditions based on their data collected (current allocation is all weather).

Endowus is more passive but they provide access to some institutional class funds which you would not have access to through other broker or platforms. Their global portfolios are very well diversified. Good if you believe that diversification reduces overall risks.

Can I PM you if you are ok? Thanks

 

[assiak71]

Any high level idea on how better it is when compared with Stashaway? Thanks

I choose endowus because
- overall fee 0.8x%
- fixed AA (80/20 for me)
- sgd-hedged bonds
But this is my decision. You have to make your own decision after knowing what they offer.

 

[kickass22]

Hi assiak71,

Can I check, Is 0.8% the only fee you pay or it is not including other fees.

Usually for a ETF like IWDA OR VWRD , the cost associated will be the ETF TER + brokerage expense.

So for one below : Is the total expense 0.8% only. No other cost? or are there other cost not specified .

Also, can I check, is the 0.8% charged to the fund or is it specific to the amount I invest. So the more I invest, the more the TER cost.

Thank you for your reply. It was not clear for when I tried to read the website.

I choose endowus because
- overall fee 0.8x%
- fixed AA (80/20 for me)
- sgd-hedged bonds
But this is my decision. You have to make your own decision after knowing what they offer.

 

[kickass22]

10 char.

Giving a bump to see if anyone else knows.

 

[proton_cannon]

Not saying no one should buy robos. Just that they clearly are not worth it from a cost perspective.

You pay a premium to the robo for services such as automatic regular investments, autorebalancing, figuring out what to buy, etc

If one is liable to panic sell, too lazy to rebalance or not disciplined enough to invest regularly, the robo may present a very worthwhile service.

robo is also good for trading-restricted employees

 

[skpuppy]

Anyone tried use DBS vickers to buy local shares/ etf with SRS? Is the min charges $25?

 

[reddevil0728]

Anyone tried use DBS vickers to buy local shares/ etf with SRS? Is the min charges $25?

That appears to be the case.

 

[highsulphur]

Anyone tried use DBS vickers to buy local shares/ etf with SRS? Is the min charges $25?

Use FSM. Cheaper

 

[skpuppy]

Use FSM. Cheaper

FSM is $10 right? $25 is still cheaper than buying unit trust. I think Lion global is rolling out another China etf. Maybe every year $15300 can whack China etf whereas cash whack others. If break $15300 into 3 tranches and whack at commission of $25. Not ridiculous la. Also can include as DBS treasures AUM? If they charge $25, then shares in cdp which is not bad also