SRS Portfolio

[dappermen]

First Sentier funds

but in seemed to be one of the not-bad funds

 

[celtosaxon]

What specific fund? This one?

https://gllt.morningstar.com/fntzew...062MY&ClientFund=1&CurrencyId=BAS&LanguageId=
If yes, annual fees are 1.46%, and the fund invests roughly 50/50 stocks and bonds, with a strong Asian tilt.

I guess you have to ask yourself, does it meet your goals, is it worth the fee?

You should check into the fund house and see how long they have been around and their assets under management. You should also study the prospectus to understand their investment methodology and what can and can’t be changed over time. You should also compare the historical performance against alternatives.

This is yet another reason why I prefer the lowly index fund — you typically get a well-known, top-notch fund house like State Street, Blackrock or Vanguard, and you get rock bottom expenses, usually just a few tenths of a percent or less, and the underlying portfolio composition is clear cut — the performance can be counted on to closely match their benchmarks. I like the certainty, the transparency and the assurances that all of this brings.

 

[sellbuyboy]

New to SRS. is it ok to use SRS for S27, and just leave it there?

Any other portfolio you guys recommend?

Thanks.

 

[awayaway]

anyone is buying Lion Global Infinity Global Stock Index Fund for their SRS?

 

[Kojo0403]

New to SRS. is it ok to use SRS for S27, and just leave it there?

Any other portfolio you guys recommend?

Thanks.

yes S27 is the most efficient way to gain access to S&P 500 using SRS.

Jan onwards the lot size for sgx will be changed to 1 unit share. Makes it easier to allocate full srs balance to it.

 

[sellbuyboy]

yes S27 is the most efficient way to gain access to S&P 500 using SRS.

Jan onwards the lot size for sgx will be changed to 1 unit share. Makes it easier to allocate full srs balance to it.

thanks for your reply.

May i check if there is any recurring charges for owning S27 in SRS acct? like management fee or custodian fee from SRS acct? say DBS..

 

[Kojo0403]

thanks for your reply.

May i check if there is any recurring charges for owning S27 in SRS acct? like management fee or custodian fee from SRS acct? say DBS..

Nope. no charges for holding etf for srs investments.

 

[celtosaxon]

Nope. no charges for holding etf for srs investments.

Supposed to be a $2 dividend handling fee, but I heard they suspended charging this fee… for now.

 

[georgie]

New to SRS. is it ok to use SRS for S27, and just leave it there?

Any other portfolio you guys recommend?

Thanks.

looking to put my SRS in S27 too, but FSM S27 is not included for SRS payment right?

 

[Kojo0403]

looking to put my SRS in S27 too, but FSM S27 is not included for SRS payment right?

yea fsmone did not enable usd counter. need to use another broker for usd counter.

Should buy it on 17-Jan when etf on sgx reduce its lot size to unit share.

 

[georgie]

yea fsmone did not enable usd counter. need to use another broker for usd counter.

Should buy it on 17-Jan when etf on sgx reduce its lot size to unit share.

yeah i just did the declaration for my vicckers account, that 1 only used to keep some sgx stocks previously. didnt do it. waiting 17th buy odd shares fill up the 15300.
anyway have to do conversion myself? eg i have 15300 to spare but the price is in USD x quantity ma. what if theres shortfall?

 

[Kojo0403]

just give some % buffer lor.. base on current fx rate. it’s ok to leave some cash, next time top up and buy again.

 

[celtosaxon]

just give some % buffer lor.. base on current fx rate. it’s ok to leave some cash, next time top up and buy again.

Exactly. I buy S27 in my SRS regularly.

In my Google Sheet I calculate the number of shares I could buy with the cash balance in my SRS at any given time.

I use formulas to pull the latest S27 traded price and the SGDUSD exchange rate, then add 2% buffer for exchange, spread, commissions & fees (in reality it will be in the range of 0.8-1%).

I just bought 10 shares last week and can currently buy 6.9 shares with the cash on hand… so I wait.

 

[skpuppy]

yea fsmone did not enable usd counter. need to use another broker for usd counter.

Should buy it on 17-Jan when etf on sgx reduce its lot size to unit share.

They changing? To 1 share?

 

[skpuppy]

Yes, DCA + lumpsum cash & SRS in both LGI, 0% sales charge. So far i think my S&P is > 10% growth. Global i think is 7% to 8%. S&P is pure USA. Global is a mix with other regions but also heavy in USA. I just get both.

Some forumers will say UTs have high expense ratio, buying ETFs are better if using cash. I collect both.

Actually I am not so concern about the high cost in terms of unit trust. A bit like 0.3% like that if u choose between infinity s&p500 vs S27.

 

[yuzu28]

Actually I am not so concern about the high cost in terms of unit trust. A bit like 0.3% like that if u choose between infinity s&p500 vs S27.

I would prefer infinity s&p if among these 2. For I want to redeem, just a click away. I'm fine with the charges. It is not as though S27 dun have charge...

 

[skpuppy]

I would prefer infinity s&p if among these 2. For I want to redeem, just a click away. I'm fine with the charges. It is not as though S27 dun have charge...

I think long term wise doesn’t matter. I have some funds who beats s&p500 but is charging more. I think it is ok also. Diversify a bit.

 

[RedsYWNA]

They changing? To 1 share?

Oh yah, supposedly all SGX listed ETF will change min trade to 1 share from next Mon onwards. Can test S27 on Mon, haha.....

 

[yuzu28]

I think long term wise doesn’t matter. I have some funds who beats s&p500 but is charging more. I think it is ok also. Diversify a bit.

Can share on which ones? Mine in red due to China

 

[skpuppy]

Can share on which ones? Mine in red due to China

Like United Global Quality Growth Fund and some of the technology fund will beat S&P500. This year FSSA dividend advantage did very badly