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Posb Invest Saver or FSMOne?
Currently I set up rsp for sti etf and abf sg bond with a monthly payment of $100. I would like to check between these two platform.. Which one has the lowest cost?
I have a DBS Multiplier account as well.
I don't quite understand what does $1 or 0.08% means for FSMone. Can anybody explain how it works?
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Yes, definitely cheaper as compare to POSB.
i used to purchase regularly under POSB but now have shifted all toward FSM.
Their monthly RSP for SGX is only $1.07%, same for U.S.
regardless of the amount
the only limitation is they only have 40 counters, all are ETF.
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Depends on how much you are planning to invest monthly. There is sales charge of 0.82% for Invest Saver.
If you are investing $100, you will incur $0.82 for Invest Saver and $1 for FSMOne. If you re investing $500 monthly, you will incur $4.10 for Invest Saver and $0.40 for FSMOne.