STI ETF

ahboy_ahboy

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How you buy your STI ETF? Also through a broker right

Erm i used the SCB online trading platform.. log in and transfer money to securities account and buy from the platform itself.

I went to read they say need a broker to handle global stocks. Not sure if it's true.
 

wutawa

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Delisting Vs. Liquidation

When an ETF liquidates, investors generally receive cash distributions equal to NAV, so even if you fall asleep at the wheel, you will receive the fair value of your shares—most of the time. It’s worth noting, however, that there have been instances where the process wasn’t smooth.

For example, years ago, SPA ETF liquidated six U.K.-based ETFs and stuck investors with the liquidation bill—ultimately costing 10 percent of NAV. Exceptions aside, liquidation is likely to be a less costly and cumbersome affair than if the issuer decides to simply delist the ETF.

When an ETF delists without liquidating its portfolio, investors who fail to sell their shares before the last trading date will be forced to trade over the counter—a significantly less liquid, more cumbersome and generally more expensive process than trading on an exchange.

https://www.etf.com/etf-education-center/etf-basics/managing-and-avoiding-etf-closures

Sti etf can be delisted even though sti is up and running. However, u wont lose all your capital. :)
 
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Mecisteus

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May I ask, for global ETF, do you all wait for dividends or buy in low, sell when desired up price?

Global dividends like US has 30% tax to Singaporean...

You can do a google search on IWDA.

There are a lot of discussion on this.
 

Coutinho_#23

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how many shares you purchased and hows the dividends?

Few thousand. 2-3%..

A lot of counters are overpriced (no point buying, ppl will short anytime)

Those dividend blue chips aren’t performing well.

Prices can fluctuate anytime , so to me better to put in etf since the price now aren’t high. Room for progression over the next few yrs after covid recovery.
 

hwckhs

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May I ask, for global ETF, do you all wait for dividends or buy in low, sell when desired up price?

Global dividends like US has 30% tax to Singaporean...

Just use DCA or Shiny Things method. You can reduce STI% if you don't like the weightage suggested by ST. Read the book written by ST or Jack Bogle (founder of Vanguard). It's dangerous if you don't have a strategy and you don't know when to buy/sell.

Irish-domiciled global ETFs in LSE have lower tax incurred. Most DCA/ST people use those in LSE.
 

reddevil0728

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Erm i used the SCB online trading platform.. log in and transfer money to securities account and buy from the platform itself.

I went to read they say need a broker to handle global stocks. Not sure if it's true.
SCB not a "broker"?

how many shares you purchased and hows the dividends?
dividends information is publicly available. u can go check yourself.

May I ask, for global ETF, do you all wait for dividends or buy in low, sell when desired up price?

Global dividends like US has 30% tax to Singaporean...
got global etf that doesn't pay dividend. don't give up the forest for a tree. if u sell, what do you do with the money?

Buy by myself thru dbsvicker cash upfront, sold using fsmone.

ah ok. not asking u
 

goldnut

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I prefer XLF. It's weighted in banks and investment firms same as STI but unlike STI it actually goes up, even after a market crash.

inb4 complaints about dividend withholdings :s8:
 

goldnut

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It’s different thing.

Nope. Top 3 of ES3 are >10% weighted in banks. 4th is Singtel which is continually declining in price, the rest are reits and corps. ES3 is great if you're just holding for dividends but overall since 2008 is flatter than an airport runway.
 
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