If I delete my RSP on STI ETF from DBS, does it mean that I am selling off my STI ETF?

I want to stop my RSP with STI ETF, but want to hold my STI ETF till after dividends are given. Does 'deleting' my RSP do that?

Discussion (2)

What are your thoughts?

Learn how to style your text

saylavee

12 Dec 2020

Nope, rsp is just an order to purchase $x worth of that ETF every period. What you are doing is just stopping the order, your original no. of shares do not get affected unless you physically put the sell order.

Save

View 1 replies

Write your thoughts

May i know what does "Unit Trust Application UTA-STI ETF Rfd" that appears on my transaction summary mean? I know its regarding my DBS Invest-Saver RSP, but i do not know what actually it means.?

Is it correct that I should only sell my STI ETF (with DBS RSP) when I need the cash and not when the market slumps?

Does anyone know how to sell the Nikko AM STI ETF? I bought using my DBS bank account via RSP plan. Able to advise?

I recently found that DBS invest-saver (RSP) now offer REIT ETF. (Nikko AM-StraitsTrading Asia ex Japan REIT ETF ) is it wiser to go for the REIT ETF or the STI ETF ?

I have my savings in POSB, invest STI ETF with DBS & I plan investing inS&P 500 with DBS Vickers. If DBS goes kapoot, does it mean all my investment, savings will be at risk?

May i know what does "Unit Trust Application UTA-STI ETF Rfd" that appears on my transaction summary mean? I know its regarding my DBS Invest-Saver RSP, but i do not know what actually it means.?

Is it correct that I should only sell my STI ETF (with DBS RSP) when I need the cash and not when the market slumps?

Does anyone know how to sell the Nikko AM STI ETF? I bought using my DBS bank account via RSP plan. Able to advise?

I recently found that DBS invest-saver (RSP) now offer REIT ETF. (Nikko AM-StraitsTrading Asia ex Japan REIT ETF ) is it wiser to go for the REIT ETF or the STI ETF ?

I have my savings in POSB, invest STI ETF with DBS & I plan investing inS&P 500 with DBS Vickers. If DBS goes kapoot, does it mean all my investment, savings will be at risk?