STI ETF

[revhappy]

Hi, i actually did a comparison for srs investment with Endowus, StashAway and LionGlobal All Seasons fund.

Endowus' 100% Equity funds total fees work out to 0.796% per annum.
LionGlobal All Seasons invested via POEMS cost 0.49% per annum. POEMS does not charge platform fees. LionGlobal also cap the expense ratio of LionGlobal All Seasons fund at 0.5% per annum.

https://finance4uandme.com/2021/02/17/how-i-invest-my-srs-monies-for-the-long-term/

What is your view about dimension funds? To me they look over diversified with some 1000s of stocks in each portfolio and performance has been consistently lagging. Not sure why Endowus wants us to believe they are special and retail cannot get exposure otherwise. But with such bad performance why would retail even consider exposure?

 

[zoneguard]

I’m using scb how come is $28 thought is $40?

SCB screwed up: https://forums.hardwarezone.com.sg/132749297-post242.html

 

[HWZ1973]

Ya I also received lesser dividends in SCB...

 

[naro]

What is your view about dimension funds? To me they look over diversified with some 1000s of stocks in each portfolio and performance has been consistently lagging. Not sure why Endowus wants us to believe they are special and retail cannot get exposure otherwise. But with such bad performance why would retail even consider exposure?

Im actually looking for diversification. So, im ok. Also, if i didnt remember wrongly, Dimensional fund also tend to tilt towards small caps, up to 20% of the portfolio.

Dimensional actually restricts the distribution of its funds. Hence, retail customers cannot buy it like normal unit trusts.

Also, i invested using my SRS monies. For my cash, I invest in IWDA and EIMI.

 

[little pupsky]

Thanks limster and all for the replies to my SRS question.

Yeah I was planning to go aggressive 100% equity for my SRS through Endowus. I like the Dimensional funds also for the same reasons naro gave.

If I go with LG’s All Seasons fund instead, you guys gave good alternatives for lower fee options.

 

[Kojo0403]

There seems to be 3 parts of dividend component for ES3

 

[crusad3rz]

FY2020 Q4 announcement should be issued soon, should we sell STI ETF before it happens? Don't think the companies are going to produce great results.

 

[发哨子2020]

Sell if scared.
Don't sell if not scared.

 

[apriliasiao]

There seems to be 3 parts of dividend component for ES3

Ya me also less but I don't think it is a mistake.
Anyone can make this out? Total should be $0.04 right or are we missing out something?



SPDR Straits Times Index ETF Dividend Announcement
SGX Stock Code: ES3

Bloomberg Ticker Symbol: STTF SP www.ssga.com




SINGAPORE, 02February 2021—State Street Global Advisors Singapore Limited, manager of the SPDR® Straits Times Index ETF (the “Fund”), today announced the Fund’s dividend distribution of S$0.04per unit. This dividend distribution*is currently estimated to be comprised S$0.028 per unit made out of “Singapore one-tier dividend and other exempt income”, S$0.005 per unit made out of “income taxable at Trustee level” and S$0.007 per unit made out of “other income”.The SPDR® Straits Times Index ETF is an exchange-traded fund listed on the Singapore Exchange Limited



The Ex Dividend Date is 9 February 2021and the Record Date is 10 February 2021. The distribution will be payable on 24 February2021.



Distributions to investors in respect of units registered in theirnames will be paid directly into their bank accounts or by cheque and sent by post to the investors’ addresses registered with The Central Depository (Pte)Ltd



Singapore: State Street Global Advisors Singapore Limited (Company Reg. No: 200002719D, regulated by the Monetary Authority of Singapore) 168 Robinson Road, #33-01 Capital TowerSingapore 068912 • Telephone: +65 6826-7555Facsimile: +65 6826-7501Web: www.SSGA.com

 

[havetheveryfun]

SCB screwed up: https://forums.hardwarezone.com.sg/132749297-post242.html

havent screwed up until after 3 working days. sometimes the full amount only come in after 3 working days after ex date.

 

[5408854088]

Ya me also less but I don't think it is a mistake.
Anyone can make this out? Total should be $0.04 right or are we missing out something?



SPDR Straits Times Index ETF Dividend Announcement
SGX Stock Code: ES3

Bloomberg Ticker Symbol: STTF SP www.ssga.com




SINGAPORE, 02February 2021—State Street Global Advisors Singapore Limited, manager of the SPDR® Straits Times Index ETF (the “Fund”), today announced the Fund’s dividend distribution of S$0.04per unit. This dividend distribution*is currently estimated to be comprised S$0.028 per unit made out of “Singapore one-tier dividend and other exempt income”, S$0.005 per unit made out of “income taxable at Trustee level” and S$0.007 per unit made out of “other income”.The SPDR® Straits Times Index ETF is an exchange-traded fund listed on the Singapore Exchange Limited



The Ex Dividend Date is 9 February 2021and the Record Date is 10 February 2021. The distribution will be payable on 24 February2021.



Distributions to investors in respect of units registered in theirnames will be paid directly into their bank accounts or by cheque and sent by post to the investors’ addresses registered with The Central Depository (Pte)Ltd



Singapore: State Street Global Advisors Singapore Limited (Company Reg. No: 200002719D, regulated by the Monetary Authority of Singapore) 168 Robinson Road, #33-01 Capital TowerSingapore 068912 • Telephone: +65 6826-7555Facsimile: +65 6826-7501Web: www.SSGA.com

correct, total $0.04

 

[zoneguard]

havent screwed up until after 3 working days. sometimes the full amount only come in after 3 working days after ex date.

Full amount in for SCB on Friday 26 Feb.

 

[havetheveryfun]

Full amount in for SCB on Friday 26 Feb.

sorry i should rephrase, should be within 3 working days, not after if after 3 working days still dont have then is a problem and need to ask them

 

[apriliasiao]

Ok all in liao. They staggered into 3 tranches like what is written on their announcement.

Sent from Apollo 13 using GAGT

 

[发哨子2020]

‘Steady’ STI is a 避风港 for the moment.

 

[发哨子2020]

Singapore should be a safe harbor as it has a low correlation with U.S. interest rates and has been a marked underperformer.”

Singapore’s equity gauge has dropped 5.6% over the last year versus a 2% gain in Southeast Asia’s benchmark and the 30% surge in the MSCI Asia Pacific Index.
https://www.bloomberg.com/news/arti...om-yield-havoc-may-be-southeast-asia-equities

 

[MangoTuna65]

Singapore should be a safe harbor as it has a low correlation with U.S. interest rates and has been a marked underperformer.”

Singapore’s equity gauge has dropped 5.6% over the last year versus a 2% gain in Southeast Asia’s benchmark and the 30% surge in the MSCI Asia Pacific Index.
https://www.bloomberg.com/news/arti...om-yield-havoc-may-be-southeast-asia-equities

Hmmm are we supposed to hoot ES3 nao?

 

[revhappy]

Singapore should be a safe harbor as it has a low correlation with U.S. interest rates and has been a marked underperformer.”

Singapore’s equity gauge has dropped 5.6% over the last year versus a 2% gain in Southeast Asia’s benchmark and the 30% surge in the MSCI Asia Pacific Index.
https://www.bloomberg.com/news/arti...om-yield-havoc-may-be-southeast-asia-equities

I thought the same in Jan 2020 and got into STI and then it was a brutal shock. There is no such thing as safety in equity. Might as well invest for growth.

 

[limster]

I thought the same in Jan 2020 and got into STI and then it was a brutal shock. There is no such thing as safety in equity. Might as well invest for growth.

buying STI ETF under $3 will give you a 'margin of safety'

I keep my average price of STI ETF under $3, and just hold and collect dividends.

 

[5408854088]

Singapore should be a safe harbor as it has a low correlation with U.S. interest rates and has been a marked underperformer.”

Singapore’s equity gauge has dropped 5.6% over the last year versus a 2% gain in Southeast Asia’s benchmark and the 30% surge in the MSCI Asia Pacific Index.
https://www.bloomberg.com/news/arti...om-yield-havoc-may-be-southeast-asia-equities

instead of interest rate, MAS uses exchange rate against a basket of currencies