facebookWhat happens if I want to switch my RSS plan - start investing in STI ETF using the DBS plan for now, and possibly sign up for another plan in future? - Seedly

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Anonymous

10 May 2020

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General Investing

What happens if I want to switch my RSS plan - start investing in STI ETF using the DBS plan for now, and possibly sign up for another plan in future?

Hi everyone! I'm just learning about investing, and have one question about RSS plans.
Let's say I want to start investing in the STI ETF using the DBS plan for now, and maybe years later I decide that I want to sign up for another plan instead (maybe because of cheaper fees or whatnot), what will happen to the units I've bought under the DBS plan?
How will this work out? Do I just terminate the DBS plan?
Thanks in advance for any answers!

SeedlyTV S2E05

Discussion (1)

What are your thoughts?

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  1. You can still just stop contributing without selling. The existing units will keep on generating dividends.

or 2. You can sell, take the proceeds and buy into another plan, another ETF, or with another RSS provider.

One good thing about DBS RSS is there is only the upfront sales charge or only the AUM fees. no other fees.

Hope this helps.

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