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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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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.
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Yes, definitely cheaper as compare to POSB.
i used to purchase regularly under POSB but now have sh...
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Hi Bro Games!
POSB/DBS Invest Saver is CHEAPER than FSMOne because the percentage fee (0.82% or 0.50%) is lower than FSMOne's minimum fee of S$1 per transaction when you invest small amounts.