Unit Trusts

[reddevil0728]

I don't see so deep your logic. My logic is simple I put X SGD years later I get back now much SGD. Now can you sumpah in future we will not see US lost decade? If cannot then what I point out is logically and also conceptually correct as it affects our final realized profits in SGD.

Why you like to think so technically? To layman it is simple X dollars SGD years later get back how much SGD. This is the workflow. The in between what market risk currency risk is besides the point. We look at the final sum get back based on initial put in. It is so crystal clear logic that you all need to split further blah blah blah. KISS is my principle in work and life if possible.

Precisely because you aren’t seeing a deeper logic hence what you are posting doesn’t make sense.

if you really understand the logic, you wouldn’t be talking about US lost decade.

If you understand how things work, you will be KISS-er.

but you somehow refuse to understand how things work hence you are in fact not even sticking to your principle of KISS

 

[JustDoLor]

I spoke to the RM, the negative 3 years annualised gain was due to Covid. So if consider 2 years ago till now, is positive returns.
………..

Global markets crashed purely due to Covid was from Feb-Mar 2019. Market recovered the loss fully about 6-month later.

Another crash happened in Jan-Oct 2022 due to multiple factors: fed's shift in monetary policy, the war in Ukraine, supply chain disruptions from the pandemic. Concerns about Europe’s economy. Price increase of oil and other commodity driving up inflation…..
Market recovered loss fully by around end-2023.

And if you were into Asia, there was concerns over China's economy due to lockdowns in the country to control Covid. Shanghai stock index and the Hang Seng still yet to recover from it 2021/2022’s high.

………..

My time horizon is around 1-2 years plus I always hope to have the option of withdrawing it if in case that require funds urgently.

With the new US president next year, what your RM expectations of global market performance for your 1-2 yr time horizon?

 

[DevilPlate]

1-2yr time horizon just buy Tbill/FD

 

[krikering]

1-2yr time horizon just buy Tbill/FD

Yes I have a FD with Aviva, but typically they are around 3.5% - 4%.

Unit Trusts is more volatile, yes may -15% can be + 15% too. Thus decide to perhaps fork out $10k for it soon.

 

[sglandscape]

Why you like to think so technically? To layman it is simple X dollars SGD years later get back how much SGD. This is the workflow. The in between what market risk currency risk is besides the point. We look at the final sum get back based on initial put in. It is so crystal clear logic that you all need to split further blah blah blah. KISS is my principle in work and life if possible.

Because life is not so simple, and and exactly why people who want to invest with the banks are required to do a financial profile first. If you refuse you understand it, no one is stopping you from not wanting to understand it. However, this is a public forum and if it is untrue, the alternative view should be included for any one who may be reading it to make their own decision to either ignore it, or dig deeper.

The laymen only cares about principal being guaranteed, cash in and cash out is not even a relevant concept, as long as they do not lose their principal amount.

 

[sglandscape]

1-2yr time horizon just buy Tbill/FD

Or SSB!

 

[JustDoLor]

By the way, for me I think the $150k “cash” (?), part of it will be my emergency fund.

The $20k as you said is spare cash, for me “spare” mean I can afford to “loss”. I would dump it into somewhere “profitable”, sort of “capital accumulation and growth”, and forget for the next 3, 5, 10, 20 or 30 years. So in case of UT, I would invest in a global equity fund, eg. LionGlobal Infinity Global Stock Index Fund.

 

[sohguanh]

Because life is not so simple, and and exactly why people who want to invest with the banks are required to do a financial profile first. If you refuse you understand it, no one is stopping you from not wanting to understand it. However, this is a public forum and if it is untrue, the alternative view should be included for any one who may be reading it to make their own decision to either ignore it, or dig deeper.

The laymen only cares about principal being guaranteed, cash in and cash out is not even a relevant concept, as long as they do not lose their principal amount.

How is it untrue when what I present is true workflow? Yes it may not cater to you high level thinking ppl but it does appeal to those simple and straightforward thinking ppl. We invest to earn monies so isn't the most basic equation about put X SGD dollars years later get back how much Y SGD dollars?

You are the one that pick my post and claim untrue etc on my points but I never do that to others becuz I believe others have their own strategy even if I don't agree.

Since you say this is a public forum I will continue to post my views and you can continue to follow up to claim my untrue facts. True or untrue readers decide.

 

[reddevil0728]

How is it untrue when what I present is true workflow? Yes it may not cater to you high level thinking ppl but it does appeal to those simple and straightforward thinking ppl. We invest to earn monies so isn't the most basic equation about put X SGD dollars years later get back how much Y SGD dollars?

you are not wrong that what matters is the outcome

You are the one that pick my post and claim untrue etc on my points but I never do that to others becuz I believe others have their own strategy even if I don't agree.

Since you say this is a public forum I will continue to post my views and you can continue to follow up to claim my untrue facts. True or untrue readers decide.

but what you are saying that gets you to the outcome is not very logical.

 

[krikering]

By the way, for me I think the $150k “cash” (?), part of it will be my emergency fund.

The $20k as you said is spare cash, for me “spare” mean I can afford to “loss”. I would dump it into somewhere “profitable”, sort of “capital accumulation and growth”, and forget for the next 3, 5, 10, 20 or 30 years. So in case of UT, I would invest in a global equity fund, eg. LionGlobal Infinity Global Stock Index Fund.

The above funds does looks promising, seems like the return on average hovers around 9%.

From what I see, alot of platforms are offering the above fund e.g Lion Global Investors (direct), Endowus, Poems and FSMOne.

Perhaps I will enquire with Endowus to see with regards to it in my scheduled call tomorrow.

Don't mind me if I ask just curious, which platform did you purchase the above UT from?

And Also

Which website can one go to check for such high performing Unit Trusts?

 

[sohguanh]

you are not wrong that what matters is the outcome

but what you are saying that gets you to the outcome is not very logical.

Mr Red you feel not logical Sglandscape say untrue. Well you are entitled to you all views. I will continue to post my views and let other readers decide for themselves.

 

[reddevil0728]

Mr Red you feel not logical Sglandscape say untrue.

ya. hence i am not addressing the point about true or untrue.

i am talking about logical or not logical.

Well you are entitled to you all views. I will continue to post my views and let other readers decide for themselves.

yes. you definitely can post your views, like anyone else can. but if your views aren't logical, than of course others can go comment about how it isn't logical.

then of course always leave it to the reader to decide whose logic they want to follow.

so if the reader also aren't as logical, then maybe follow you la.

but if the reader is logical then maybe wouldn't la.

 

[JustDoLor]

The above funds does looks promising, seems like the return on average hovers around 9%.

From what I see, alot of platforms are offering the above fund e.g Lion Global Investors (direct), Endowus, Poems and FSMOne.

Perhaps I will enquire with Endowus to see with regards to it in my scheduled call tomorrow.

Don't mind me if I ask just curious, which platform did you purchase the above UT from?

And Also

Which website can one go to check for such high performing Unit Trusts?

For UT, I am using the traditional platforms like Dollardex, Poems and FSM.

FSM for CPF only, as got platform fees for cash/SRS.

All 3 have no initial one-time sales charge.

—————
For fund selection, I always use FSM fund selector:

https://secure.fundsupermart.com/fsmone/tools/fund-selector

By default, the result will display in “View: information”.

You can select “View: Performance”, then you can compare the funds’ performance of 1, 2, 5, 10 years.

You can also sort the results high to low and vice versa.

 

[krikering]

For UT, I am using the traditional platforms like Dollardex, Poems and FSM.

FSM for CPF only, as got platform fees for cash/SRS.

All 3 have no initial one-time sales charge.

—————
For fund selection, I always use FSM fund selector:

https://secure.fundsupermart.com/fsmone/tools/fund-selector

By default, the result will display in “View: information”.

You can select “View: Performance”, then you can compare the funds’ performance of 1, 2, 5, 10 years.

You can also sort the results high to low and vice versa.

Just curious, what are your thoughts on Endowus then?

My colleagues use it and find their platform user-friendly and low platform fees + no one time charge at beginning.

 

[sohguanh]

Just curious, what are your thoughts on Endowus then?

My colleagues use it and find their platform user-friendly and low platform fees + no one time charge at beginning.

Endowus is good for exclusive funds. And they bring in lower TER funds. Just that in terms of numbers lose to FSMOne. I usually look at Endowus first cannot find then resort to FSMOne. For cpf I am almost using FSMOne as it does not charge platform fees.

 

[krikering]

Endowus is good for exclusive funds. And they bring in lower TER funds. Just that in terms of numbers lose to FSMOne. I usually look at Endowus first cannot find then resort to FSMOne. For cpf I am almost using FSMOne as it does not charge platform fees.

Thanks for the information, guess perhaps the range of Endowus Fund offerings tend to be lesser compared to FSMone.

For UT, I am using the traditional platforms like Dollardex, Poems and FSM.

FSM for CPF only, as got platform fees for cash/SRS.

All 3 have no initial one-time sales charge.

—————
For fund selection, I always use FSM fund selector:

https://secure.fundsupermart.com/fsmone/tools/fund-selector

By default, the result will display in “View: information”.

You can select “View: Performance”, then you can compare the funds’ performance of 1, 2, 5, 10 years.

You can also sort the results high to low and vice versa.

Tbh, after cross-comparing I am leaning towards Endowus overall due to their user-friendly platform.

POEM/FSMone/Endowus all are relatively lower charges than UOB, so feel that they are all suitable.




Actually, alot of my colleagues all are investing in stocks/shares or ETFs. Tbh, not sure if just follow suit but just am checking out Unit Trusts as talked to RM yesterday.

The option where am able to withdraw capital amount out after 1 or 2 years just seems feasible to me.

Of course in terms of potential returns, accounting for all aspects stock/shares and maybe ETFs generally can give more compared to Unit Trusts, etc. from what I hear around too.

 

[JustDoLor]

Well, because I started off my UT investment well before Endowus start it business.

When Endowus was launched, I did look into it and sign-up but decide not to use for reason I could not exactly remembered, maybe like someone said here, it only have limited funds and some exclusive funds, and likely because it charge some platform fees.

However, for FSM and Poems, they don’t provide any information regarding your annualised return. Dollardex does provide annualised IRR. So for someone who invest regularly maybe the new platforms such as Endowus is good if they provide some sort of annualised return info on your investment.

I can’t comment on Endowus any further than the above.

Just curious, what are your thoughts on Endowus then?

My colleagues use it and find their platform user-friendly and low platform fees + no one time charge at beginning.

 

[krikering]

Well, because I started off my UT investment well before Endowus start it business.

When Endowus was launched, I did look into it and sign-up but decide not to use for reason I could not exactly remembered, maybe like someone said here, it only have limited funds and some exclusive funds, and likely because it charge some platform fees.

However, for FSM and Poems, they don’t provide any information regarding your annualised return. Dollardex does provide annualised IRR. So for someone who invest regularly maybe the new platforms such as Endowus is good if they provide some sort of annualised return info on your investment.

I can’t comment on Endowus any further than the above.

Dollardex is under Singlife, if I am not wrong. I have policies with Singlife since my NS days, my Singlife representative has recommended me ILPs/Annuity products previously where the time horizon is longer.

Surprised that he did not recommend Dollardex to me previously, but then again Dollardex is a subsidiary so can understand he will want to introduce Financial Products directly under Singlice instead.

 

[Mephist0pheLes]

Just curious, what are your thoughts on Endowus then?

My colleagues use it and find their platform user-friendly and low platform fees + no one time charge at beginning.

Endowus is definitely better than buying from banks or insurers.

no initial sales charge.

they have a 0.3% platform fee, but they rebate u trailer fees, so end up u most likely save on the recurring fees also.

 

[krikering]

Endowus is definitely better than buying from banks or insurers.

no initial sales charge.

they have a 0.3% platform fee, but they rebate u trailer fees, so end up u most likely save on the recurring fees also.

Appreciate for info, for now I am leaning towards perhaps buying a high performing Lion Global Infinity Global Stock with Endowys
or buying the United Income Fund/United Growth Fund from UOB Tmrw App (not via RM) if possible.

Will also look around to see if any high-perrforming Funds that Endowus offer.



My Singlife Representative was recommending alot on 2 ILPs -
Fundsmith Equity Fund and the Allianz Income Fund Returns.

But after checking on it, I realise that they will take quite some time to break even (if contribute SGD 500 monthly for the first 2 years) and the initial capital (e.g SGD 500 x 2 years × 12 months = SGD 12, 000) will have to be locked in for 5 years at minimum thus decided not to proceed.



Actually mid last year, as had came across a Tokio Marine Gold Pro product thus talked to a representative.

There was a representative from Tokio Marine representatives whom I talked to regarding Tokio Marine Gold Pro, she was very candid and shared that ILPs is actually quite risky and take very long to break even. She is a very honest FA tbh.