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! 🙏🏻

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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

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