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Anonymous
Do I regain all the capital that I have invested in so far?
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Elijah Lee
16 Nov 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Hariz Arthur Maloy
16 Nov 2019
Independent Financial Advisor at Promiseland Independent
It's based on the current price.
If you bought ES3, it's currently $3.27. If you bought it exactly one year ago, it was $3.13. So you make 14 cents profit per share you bought or about +4.47%.
If you bought it on 15th July at it's peak of $3.43 and sell today at $3.27, you'd make a loss of 16 cents per share or about -4.66%.
So no, this investment is not capital guaranteed.
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Hi anon,
ETF investments are never capital guaranteed, so you will get back an amount equal to:
Number of units x Price sold at - Fees incurred = Final amount received
This applies to shares, etc, as well, even if you are buying under DBS RSP.
I must emphasize again: ETFs are not capital guaranteed. The same goes for shares/UTs/REITs, etc.
It doesn't matter whether you go through DBS RSP, OCBC BCIP, buy on your own, do Stashaway or go through a robo advisor or a financial advisor to invest in these asset classes. Your capital is not guaranteed.