STI ETF

[Dreamer23]

think is 35% of the nett amt after the first $20k

Then when u sell away, all proceed will go back to cpf OA account?
Include dividends?

 

[Mr. Wood]

Then when u sell away, all proceed will go back to cpf OA account?
Include dividends?

it will first go to your CPFIS bank account. it will be kept there for about 3 mths, or when u instruct bank to trsf back to OA. within the 3 mths if u buy again, money will be first deducted frm this bank accnt. If after 3 mths not used, it will auto trsf back to OA.

 

[Iyarash11]

think is 35% of the nett amt after the first $20k

when we select to pay with CPF, our CPFIS-OA account will auto deduct the amount of the shares purchased from our CPF right?

long time never buy with CPF. Unable to find the info from CPF and Kay Hian website... they did not mentioned this detail.

 

[K|muRa^84]

ES3 annualised 10-yr perf: 1.45%

really pathetic

 

[googoogaga]

ES3 annualised 10-yr perf: 1.45%

really pathetic

Don't discount the 5% dividends.

 

[wutawa]

And quite unfair to calc during a bad period

 

[K|muRa^84]

Don't discount the 5% dividends.

Fund performance is calculated on a net-of-fees return basis in SGD terms on NAV-to-NAV (single pricing) basis, with all dividends and distributions reinvested, taking into account all charges payable upon reinvestment.

from the horse's mouth

 

[Mr. Wood]

when we select to pay with CPF, our CPFIS-OA account will auto deduct the amount of the shares purchased from our CPF right?

long time never buy with CPF. Unable to find the info from CPF and Kay Hian website... they did not mentioned this detail.

on our side, we will see as auto.

but broker and the agent bank will do the transfer behind the scene, so in yr CPFIS statement u will oso see a fee charged by the agent bank.

 

[Iyarash11]

plan to replace 50k SSB with STI ETF

 

[wutawa]

plan to replace 50k SSB with STI ETF

What is your current ssb yield? Which platform u using to buy sti etf?

 

[Iyarash11]

What is your current ssb yield? Which platform u using to buy sti etf?

around 2% ... I trade thru kay hian
any advice?

 

[wutawa]

around 2% ... I trade thru kay hian
any advice?

If >2%, it is still decent. Can consider partial redemption instead of all $50k. I dun like kay hian. Currently fsmone is the best. Haha

 

[Iyarash11]

If >2%, it is still decent. Can consider partial redemption instead of all $50k. I dun like kay hian. Currently fsmone is the best. Haha

got another bigger batch bought earlier, avg about 2.5%
since etf is >4% and relatively safe plus likely capital gain... should be better choice. can wait for 2 years or so for it to appreciate.

what is bad about kay hian? .... for the past 10 over years seems ok
anyway I'm not very active only during market crash then wake up from hibernation

 

[wutawa]

got another bigger batch bought earlier, avg about 2.5%
since etf is >4% and relatively safe plus likely capital gain... should be better choice. can wait for 2 years or so for it to appreciate.

what is bad about kay hian? .... for the past 10 over years seems ok
anyway I'm not very active only during market crash then wake up from hibernation

Etf is long term. All in in 1 go will hurt u. Kay hian has high comms rate of 0.275%. Their utrade plus has lower comms but comes with qtrly fee. Fsmone is 0.08%, abt 3 times cheaper. I am using scb at 0.2% though.

 

[makav31i]

got another bigger batch bought earlier, avg about 2.5%
since etf is >4% and relatively safe plus likely capital gain... should be better choice. can wait for 2 years or so for it to appreciate.

what is bad about kay hian? .... for the past 10 over years seems ok
anyway I'm not very active only during market crash then wake up from hibernation

One is guaranteed 2.5% for 10 years and the other is for the potential to earn an extra 1.5% with your capital either can go up or down or remain the same...

Guaranteed Capital Protection + 2.5% vs Non-Guaranteed Capital Protection + 4% (highly unlikely to get this)...

 

[Iyarash11]

Actually first time buying STI ETF,
STI ETF expense ratio is 0.3%

for easy calculation, if I buy 1000 shares for $2.5k, means yearly have to pay $7.5 (0.3 x $25), deducted from dividend?

 

[wutawa]

Actually first time buying STI ETF,
STI ETF expense ratio is 0.3%

for easy calculation, if I buy 1000 shares for $2.5k, means yearly have to pay $7.5 (0.3 x $25), deducted from dividend?

No extra payment required. Alrdy accounted for.

 

[XGZ1503]

it will first go to your CPFIS bank account. it will be kept there for about 3 mths, or when u instruct bank to trsf back to OA. within the 3 mths if u buy again, money will be first deducted frm this bank accnt. If after 3 mths not used, it will auto trsf back to OA.

Can we instruct the bank to transfer back to OA via ibanking?

 

[Mr. Wood]

Can we instruct the bank to transfer back to OA via ibanking?

yes. anytime. just click button.

 

[Iyarash11]

wait for correction