Advertisement
Anonymous
Been thinking of LT ETF investing. From a Singaporean’s tax perspective, is it better invest similar ETF in HKEX instead of US or UK markets? If I am to choose HKEX, HKD or USD quoted ETF? Any advice?
5
Discussion (5)
Learn how to style your text
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products
4.7
481 Reviews
From $0
MINIMUM FEE
0.03%
TRADING FEES
Custodian
STOCK HOLDING TYPE
4.5
957 Reviews
4.9
127 Reviews
Related Posts
Advertisement
I don't know how much things have changed since about 3 years ago, but back then I could not find a decent HKEX broker in singapore to buy and hold shares/ETFs at a decent fees. even though there is no dividend or capital gains tax in HK, the broker custodian fees alone was too high for my liking. thus, i went for US broker and more recently, robos to gain exposure into US.
another thing to take note of is the expense ratio. on surface you might see HK has no tax, but it could all be already taxed at source (ie at US). so even if there is such ETF, the price or NAV of the ETF could already reflect all the taxes nett off.
hope this helps.