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Anonymous

24 Oct 2021

General Investing

Recommended fixed income fund that pays monthly dividends for retirees

Hi. Any recommended fixed income fund that pays monthly dividends for retirees? Was thinking fixed income funds likely less volatile compared to equity funds, and also, fixed income funds seem cheaper to buy at the moment. Thanks.

Discussion (2)

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You can do ur research on fsmone.

https://seedly.sg/opinions/how-can-unit-trusts-...

Depend on your expected returns.

What i mean?

  • If you just want $2500 per mth, you have $1mil. You just need to have a 3%p.a. Dividend yield. Usually 3%+p.a. Fixed income underlying are mostly investment grade bond, relatively less volatile, usually.

  • If you have only $600k, you will want a 5%p.a. Dividend yield. For a $2500 per mth.

My focus is don't risk what you dont need.

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