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Anonymous

05 Nov 2020

∙

General Investing

Hidden fees for investing in UTs through POSB Invest Saver with cashback promotion?

Hello, I am planning to invest in First State Dividend Advantage and Schroders Emerging Market Opps Fund through POSB Invest Saver. Given the cashback promotion, there would be a full rebate of up to S$125 on sales charge. Are there any hidden fees that I should be aware of?
If not, doesn't this promotion bring the fees down to competitive levels as compared to investing through Endowus?

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1M45

05 Nov 2020

Is a cashback on sale charge for limited time.

If you buying UTs, some brokage firm offer 0% sale charge. Eg. Poem

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For POSB Invest-Saver, are there any UTs that are worth investing through RSP? Same sales charges of 0.82% but not sure if high fund expenses outweigh outperformance?

Im thinking of consolidating my POSB Invest Saver $400 and OCBC BCIP $500 into 1 RSP to minimise charges. Should I park it under FSMOne given its low fees? Should i invest in 2/3 ETFs or just 1?

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Is DBS Invest-Saver good? Can’t seem to find much cons about it. Any hidden cost and fees?

Is it advisable to open 2 accounts - 1 POSB Invest saver and 1 with Maybank to invest in bonds? Want to invest in both bonds + REITs. Split should be $300 POSB + $200 with Maybank via monthly plan.?

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