facebookAny recommendations for Unit Trust from DBS? - Seedly

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Anonymous

04 May 2021

βˆ™

General Investing

Any recommendations for Unit Trust from DBS?

Good day to all, anyone here bought Unit Trust from DBS and any recommendation?

Discussion (1)

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thefrugalstudent

04 May 2021

Founder at thefrugalstudent.com

Hi Anon,

I haven't bought any UTs from DBS, but is there a particular reason you want to do so? Personally, I prefer investing in ETFs over UTs because of the much lower management fee (expense ratio) of ETFs. An S&P 500 ETF like VOO only has an expense ratio of 0.03%, while UTs tend to have management fees of 1%+. Over time, this difference adds up to a huge amount of losses in returns.

Regards,

thefrugalstudent

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