facebookWhich is better for us singaporean? Kweb via LSE or 9067 via HKE? - Seedly

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Anonymous

11 Jul 2021

βˆ™

General Investing

Which is better for us singaporean? Kweb via LSE or 9067 via HKE?

Why do you think so?

Discussion (4)

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Chris

11 Jul 2021

Owner and Writer at Tortoisemoney.com

Tbh, if you overlay them, you'll find that they largely move in a similar fashion, due to the overlap in their holdings, such as Tencent, Alibaba, Meituan and JD etc.

Since they're both in USD, FX is not really a concern.

However, in terms of expense ratio, it seems that KWEB has a much higher expense ratio of 0.73% vs 9067's 0.25% ( a 3x difference!).

In terms of dividends, both pay a very small amount (seeing as most of their constituents are fast growing tech stocks). However, KWEB on LSE will face a 15% dividend withholding tax while 9067 will face 0% dividend withholding tax.

So my choice personally will be 9067, between the two.​​​

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