Advertisement

Anonymous

23 Oct 2019

∙

How should I be calculating my total cost and Average Price Per Unit via Invest-Saver?

Hey guys, I’ve just started dabbling in Investment. For STI-ETF G3B via Invest-Saver.
If I invested $500pm. Sales Charge 0.82%$4.10.
Sep19’ 149units $3.322/share. Refund $0.93
Oct19’ 153units 3.2311/share. Refund $1.55

Should my total cost be
Total Cost: ($500-$0.93) + ($500-$1.55)
=$997.52

Should my Average Price Per Unit be: $997.52/302units=$3.3030

Please correct me if I’m wrong! 🙏🏻

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Elijah Lee

23 Oct 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

Based on your data:

Sep 19: $4.10 sales charge. Balance investible amount: $495.90. 149 units @ $3.322. Remaining $0.92

Oct 19: $4.10 sales charge. Balance investible amount: $495.90. 153 units @ $3.2311 Remaining $1.54

Total cost: $997.54/302 = $3.3031

Actual invested amount = 149 units @$3.322 + 153 units @ 3.2311 = $989.34

Reply

Save

Write your thoughts

Related Posts

Hi, I'm a newbie here... Is it worth to invest via DBS Invest-saver's ETF with the current COVID-19 situation now?

I just started on my investing journey via posb invest saver with the min monthly $100. Logged in and saw that the market value is at $97.90 with 38 units under holdings. What does this mean?

If I am looking to invest perhaps $100 per month for a start, do I go for POSB Invest-saver/OCBC BCIP (29yo now) or Roboadvisors like Stashaway? And which ETFs/Stocks should I go for?

Hi, I started DCA investment with DBS via OCBC'S BCIP scheme since last Aug. How would i calculate my annual investment yield or know the relative % of dividend gain against drooping unit $ in 2020?

Is there any platform that allows dollar-cost averaging investment to S&P 500 ETFs (SPY or RSP) like the local POSB Invest Saver or OCBC BCIP program to STI ETF?

Related Posts

Hi, I'm a newbie here... Is it worth to invest via DBS Invest-saver's ETF with the current COVID-19 situation now?

I just started on my investing journey via posb invest saver with the min monthly $100. Logged in and saw that the market value is at $97.90 with 38 units under holdings. What does this mean?

If I am looking to invest perhaps $100 per month for a start, do I go for POSB Invest-saver/OCBC BCIP (29yo now) or Roboadvisors like Stashaway? And which ETFs/Stocks should I go for?

Hi, I started DCA investment with DBS via OCBC'S BCIP scheme since last Aug. How would i calculate my annual investment yield or know the relative % of dividend gain against drooping unit $ in 2020?

Is there any platform that allows dollar-cost averaging investment to S&P 500 ETFs (SPY or RSP) like the local POSB Invest Saver or OCBC BCIP program to STI ETF?

Advertisement