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Anonymous
Good day to all, anyone here bought Unit Trust from DBS and any recommendation?
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thefrugalstudent
04 May 2021
Founder at thefrugalstudent.com
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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