facebookWhat is the advantage or disadvantage to trade in SGD vs RMB? - Seedly

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Anonymous

28 Jul 2021

General Investing

What is the advantage or disadvantage to trade in SGD vs RMB?

What is the advantage or disadvantage to trade in SGD vs RMB?

SeedlyAMA Lion Global & OCBC Securities

Discussion (1)

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Ong Xun Xiang, CA, CFA

28 Jul 2021

ETF Product Specialist at Lion Global Investors

If you buy the SGD counter, you will gain exposure to any fluctuation in the SGD exchange rate against the base currency of the Fund (i.e. RMB). This exchange rate risk may have a positive or negative impact on your returns.

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