Mel

19 Dec 2019

∙

General Investing

Is it a good option to buy unit trust using POSB invest saver?

Is it a one time charge of 0.82% with no monthly fee? What would be the pros and cons of this unit trust?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Pang Zhe Liang

19 Dec 2019

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

For investing via POSB Invest-Saver, you will adopt the strategy of dollar cost averaging. This is how it works in reality: https://www.blog.pzl.sg/dollar-cost-averaging-s...

For every transaction, there will be a charge of 0.82% for most of the funds. If you invest monthly, this charge will reccur every month.

By the way, if you are open to investing into a wider range of funds with independent and professional advice from the likes of global investment consulting firms such as BlackRock and Mercer, then you may consider diversifying your portfolio with AIA.

If you are open to understanding on how I help my clients to grow their money, then send me a coffee invite: https://www.work.pzl.sg/#coffee

Here is everything about me and what I do best.

Reply

Save

Write your thoughts

Related Posts

I was approached by my Financial Planner friend to buy AXA Pulsar (ILP). I’m a beginner to investing. Any advise on this if it’s a good investment option. Or will unit trust be a better alternative ?

What are the difference between posb invest saver and their unit trust? Which one of these two should i start investing?

Has anyone tried Endowus to invest using your CPFOA via the CPF investment scheme? Is it cheaper than if you buy a unit trust on your own?

I purchase Unit Trust using SRS but I can't find it in my investment unlike purchasing Unit Trust using RSP. How can I redeem the Unit Trust purchased using SRS?

What is a good amount of units to buy from a company? I am thinking of setting aside $500 per month to invest in stocks, what are the best options?

Related Posts

I was approached by my Financial Planner friend to buy AXA Pulsar (ILP). I’m a beginner to investing. Any advise on this if it’s a good investment option. Or will unit trust be a better alternative ?

What are the difference between posb invest saver and their unit trust? Which one of these two should i start investing?

Has anyone tried Endowus to invest using your CPFOA via the CPF investment scheme? Is it cheaper than if you buy a unit trust on your own?

I purchase Unit Trust using SRS but I can't find it in my investment unlike purchasing Unit Trust using RSP. How can I redeem the Unit Trust purchased using SRS?

What is a good amount of units to buy from a company? I am thinking of setting aside $500 per month to invest in stocks, what are the best options?