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Anonymous

09 Jul 2019

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General Investing

If I were to invest $1,000 in SSB, will the same amount that I invested in be deposited back in my bank account at the end of 10 years?

Completely new to investing here. Is it the same for STI ETF, after I decide to sell off the units bought?

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Thomas Koo

09 Jul 2019

Hi QP,

SSB redemption is returned to the same bank account you buy the SSB.

https://www.mas.gov.sg/bonds-and-bills/investin...

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Yong Kah Hwee

07 Jun 2019

For bonds, you will get back the amount you used to buy the bonds when the bonds mature (in this case it is 10 years), provided the bond issuer (in this case the Singapore government) does not go bankrupt.

For STI ETF, as there is no maturity date as it is unlike bonds, the amount you get when you sell off the units depends entirely on the price of each unit. I.e. you sell them off to the market.

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