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M

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?

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Pang Zhe Liang

Pang Zhe Liang

19 Dec 2019

Senior Financial Services Consultant at AIA Singapore Private Limited

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.

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