Thoughts on the STI ETF?

Sti is a value play. It's seriously undervalued.

If you want dividends, it's a good play.
Returns wise, it sucks if you aiming for 10+%growth based on history, but dividends are strong.

I can't really grapple with what the world thinks.

Example - uber has been loss making for quite a while now. It commands higher valuations than comfort delgro, which has real good cashflow to support. Even though quite a bit is from government subsidies for covid, but it has good cashflow.

The world places a lot of value on growth prospects than real cashflow.

I fear we have a big bubble, but that's just my opinion.

Go and look at the insurers' par fund. I think none Is invested in STI ETF. Most will be local banks + SPY & other global equity ETFs. Our local bourse needs government intervention to boost up it's appeal, so do you think it is a good long term investment?

STI ETF's return is not impressive. But if you do invest in US ETF, do be aware of the high US estate duty that your Bene has to pay, in the unlikely event. Even those US ETF listed on SGX, they are still subject to US estate duties.

Stay away from it. Hahaha