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Lim Qin Da

Lim Qin Da

Top Contributor

Business Administration & Analytics at National University of Singapore

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Business Administration & Analytics at National University of Singapore

Lim Qin Da

Top Contributor

Business Administration & Analytics at National University of Singapore

  • Answers (104)
  • Questions (4)
  • Reviews (0)

Savings

Savings Accounts

Interest Rates

Robo-Advisors

Online Brokerages

Inflation

What are the simplest ways to beat inflation? Besides savings accounts, are there any other options I can consider?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 1w ago
Here are the top picks to park your savings/emergency funds without the need to credit your monthly salary! These options generated lots of commotion in the community in this low interest rate environment. Besides savings accounts, some are insurance savings plans or even cash management accounts. Before you dive into the loooong comparison below, here’s a quick tip! I would recommend putting your first $10k into Singlife Account for the 2.5% p.a. interest rate with no catch. Thereafter, you can consider the array of choices and decide based on the pros and cons. If you’re investing with robo-advisors or brokerages, you could also consider the cash management accounts that some of them offer! Information accurate as of 7 Aug 2020. SAVINGS ACCOUNTS (Read More) CIMB FastSaver Account (Read More // Reviews) Capital - Guaranteed Interest rates - Not guaranteed - 0.50% p.a. for the first $50k - 0.80% p.a. for the next $25k - 1.50% p.a. for the next $25k - 0.40% p.a. for anything above $100k Other benefits - No fall-below fees, minimum $1k to start earning interest Standard Chartered Jumpstart Account (Read More // Reviews) Capital - Guaranteed Interest rates - Not guaranteed - 1.00% p.a. for the first $20k - 0.10% p.a. for anything above $20k Other benefits - No fall-below fees - Debit Card: 1% cashback on eligible spending up to $60 a month Restrictions - Age limit: 18 to 26 years old INSURANCE SAVINGS PLANS Dash EasyEarn (Read More) Capital - Guaranteed Interest rates - Guaranteed - 1.50% p.a. for $2k to $20k - Additional 0.50% p.a. for the first year Other benefits - Life insurance coverage for death: 105% of account value - Dash account: Free withdrawal but money will be locked up there - No fall-below fees Restrictions - Account value: Minimum $2k and maximum $20k - Top ups: Minimum $500 and increments of $500 per top-up - Withdrawals: Minimum $100 and increments of $100 per withdrawal - Withdrawal fees: $0.70 for each withdrawal to bank account ELASTIQ (Reviews) Capital - Guaranteed Interest rates - Guaranteed for 3 years - 1.80% p.a. for $5k to $50k Other benefits - Loyalty bonus: A non-guaranteed bonus of 0.3% of the average monthly account value for the past 36 policy months will be given every 3 years if no withdrawal has been made before - Death benefit: 106.8% of account value Restrictions - Account value: Minimum $5k and maximum $50k - Lock-in period: Withdrawals can only be done after 90 calendar days - Top ups: Minimum $500 and increments of $500 per top-up - Withdrawals: Minimum $500 and increments of $500 per withdrawal - Fall-below fees: $5 charged at the end of each policy month if average daily account value for that policy month falls below $5k Singlife Account (Read More // Reviews) Capital - Guaranteed Interest rates - Not guaranteed - 2.50% p.a. for the first $10k - 1.00% p.a. for the next $90k - 0% p.a. for anything above $100k Other benefits - Life insurance coverage for death: Up to 105% of account value - Debit Card: No additional forex charges on overseas spend - Retrenchment coverage: Claim up to 3 months’ worth of average card spend - No fall-below fees, minimum $100 to start earning interest CASH MANAGEMENT ACCOUNTS (Read More) Endowus Cash Smart Core/Enhanced (Reviews) Capital - Not guaranteed Interest rates - Not guaranteed - 1.10% to 1.30% p.a. for Core (Safer) - 1.90% to 2.20% p.a. for Enhanced (Slightly riskier) Restrictions - Fund-level fees: 0.18% for Core, 0.3% for Enhanced - Access fee: 0.05% per year - Account value: Minimum $10k - Withdrawal time: 3 to 4 business days Others - Core: Low risk investment portfolio consisting of Fullerton SGD Cash Fund – Class A (50%), LionGlobal SGD Enhanced Liquidity (50%) - Enhanced: Slightly riskier investment portfolio consisting of LionGlobal SGD Enhanced Liquidity (50%), UOB AM United SGD Fund (50%) - Cash and SRS FSMOne Auto-Sweep (Reviews) Capital - Not guaranteed Interest rates - Not guaranteed - 0.97% p.a. Restrictions - Management fee: 0.05% per quarter - Account value: Minimum $50 - Subsequent top-ups: Minimum $100 - Withdrawals: Minimum $50 - Withdrawal time: 1 business day Others - Low risk investment portfolio consisting of LionGlobal SGD Enhanced Liquidity (45%), Fullerton SGD Cash Fund (40%), Cash Account (15%) - Cash only MoneyOwl WiseSaver Capital - Not guaranteed Interest rates - Not guaranteed - 0.79% p.a. Restrictions - Fund-level fees: 0.15% - Account value: Minimum $100 or $50 RSP monthly - Withdrawal time: 2 business days Others - Low risk investment portfolio consisting of Fullerton SGD Cash Fund – Class A - Cash and SRS Phillip SMART Park (Reviews) Capital - Not guaranteed Interest rates - Not guaranteed - 1.02% p.a. for SGD version - 1.32% p.a. for USD version Restrictions - Management fee: 0.45% p.a. - Account value: Minimum $500 - Subsequent top-ups: Minimum $100 - Withdrawal time: 1 business day Others - Investment into Phillip Money Market Fund – Class A consisting of Fixed Deposits (49.98%), Money Market Securities (26.60%), Cash and Accruals (23.42%) - Cash and SRS StashAway Simple (Reviews) Capital - Not guaranteed Interest rates - Not guaranteed - 1.90% p.a. Restrictions - Fund-level fees: 0.205% - Withdrawal time: 3 to 4 business days Others - Low risk investment portfolio consisting of LionGlobal SGD Money Market Fund (50%), LionGlobal SGD Enhanced Liquidity Fund SGD Class I Acc (50%) - Cash and SRS Still having difficulties or too much work for you? Try out the FREE Seedly Savings Account Calculator! After filling up some basic information, the calculator will tell you which savings account gives you the highest interest rate. Easy peasy!
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Investments

ETF

Online Brokerages

S&P 500 Index

What is the S&P 500 Index? There are so many S&P 500 ETFs out there listed in the US and Ireland. What are their differences? Which one should I invest in?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 2w ago
Hey Anon! S&P 500 INDEX The Standard & Poor’s 500 (S&P 500) Index includes 500 of the top US companies in leading industries. The index is weighted by market capitalisation, which refers to a company’s total number of outstanding shares multiplied by its share price. The S&P 500 index, which was created in 1957, is considered to be an excellent proxy to the US stock market performance. Sounds too technical? Don’t zao first, read on… If you’re looking at the S&P 500 index now, you would have probably heard of the Straits Times Index (STI). One way to see it is that the S&P 500 is the US counterpart to the STI. ! Source: Yahoo Finance The S&P 500 (dark blue) has been a hot topic in the community, mainly due to its exposure to the whole US market , as well as its performance over the last few years which greatly surpassed the STI (light blue). Some may even argue that an S&P 500 ETF could be all you need, or at least one of the major ETFs that you should hold on to for the long term. So what exactly does it entail? Let’s find out… To be added to the S&P 500 index, a company must meet the following criteria: - It must be a US company - The market capitalisation must be US$8.2 billion or higher - It must have a public float (shares that are in the hands of the public, as opposed to management, for example) of at least 50% of its outstanding shares - It must have positive as-reported earnings in its most recent quarter, and over the most recent four quarters summed up - The stock must have adequate liquidity and must trade for a reasonable share price Constituents As of 29 July 2020, the top 10 constituents of the S&P 500 index are: ! Sector Classification Based on the GICS sector classification, information technology (27.5%) takes up most of the S&P 500, followed by healthcare (14.6%), and consumer discretionary (10.8%). ! Performance Over the past 10 years, the S&P 500 index has produced an annualized return of 11.27% . ! As of 29 July 2020, the index had a one-year return of 6.36% . EXPENSES There are several ETFs available in the market that seek to replicate the S&P 500’s returns. However, do note the expenses that will reduce your returns. Withholding Tax ! Singaporeans investing in the American market are taxed 30% on our dividends as the U.S does not have a tax treaty with Singapore. One way to go around this is to invest Ireland-Domiciled ETFs . These ETFs benefit from the U.S./Ireland tax treaty rate of 15% on dividends , which is certainly more pocket-friendly than 30%. Expense Ratio Expense ratio is the expense incurred to pay the managers for managing the fund. Choosing an actively managed fund will naturally cost more per year and eat into your returns. So as an investor, you want to find an ETF with a low expense ratio . In the case of S&P 500 ETFs, Ireland-domiciled S&P 500 ETFs tend to have higher expense ratios than their US-listed counterparts. However, even with higher expense ratios, they are still cheaper than the higher withholding taxes you’d have to pay for investing in the American market directly! So… After seeing US and Ireland-domiciled ETFs being mentioned above, what exactly are they and what are their differences? Here are the popular ones which are constantly brought up by the community: US-DOMICILED S&P 500 ETF SPDR S&P 500 ETF (NYSE: SPY) - Inception Date: 22 January 1993 - Expense Ratio: 0.09% - Distribution Frequency: Quarterly iShares Core S&P 500 ETF (NYSE: IVV) - Inception Date: 15 May 2000 - Expense Ratio: 0.03% - Distribution Frequency: Quarterly Vanguard S&P 500 ETF (NYSE: VOO) - Inception Date: 7 September 2010 - Expense Ratio: 0.03% - Distribution Frequency: Quarterly IRELAND-DOMICILED S&P 500 ETF SPDR S&P 500 UCITS ETF (LON: SPX5) - Inception Date: 19 March 2012 - Expense Ratio: 0.09% - Distribution Frequency: Quarterly iShares Core S&P 500 UCITS ETF (LON: CSPX) - Inception Date: 19 May 2010 - Expense Ratio: 0.07% - Distribution Frequency: N/A (Accumulating, dividends reinvested) Vanguard S&P 500 UCITS ETF (LON: VUSA) - Inception Date: 22 May 2012 - Expense Ratio: 0.07% - Distribution Frequency: Quarterly And on to your final question… Which one should you invest in? US-domiciled S&P 500 ETFs seem to have lower expense ratios and narrow bid-ask spreads , but this is heavily offset by the whopping 30% withholding tax on dividends . They tend to have larger fund sizes and are traded more widely too. On the other hand, the Ireland-domiciled S&P 500 ETFs have half the withholding tax on dividends at 15% , but liquidity is usually poorer than their US counterparts and they tend to have higher bid-ask spreads . So after weighing the pros and cons… If you have decided to invest in the US-domiciled S&P 500 ETFs, the ones with the lowest expense ratios are the iShares Core S&P 500 ETF (NYSE: IVV) and Vanguard S&P 500 ETF (NYSE: VOO) , which are widely mentioned on the Seedly community. Do a simple search on the search bar above and you’ll be able to see the sea of questions being asked about IVV and VOO. And if you have decided to invest in the Ireland-domiciled S&P 500 ETFs, the ones with the lowest expense ratios would be the iShares Core S&P 500 UCITS ETF (LON: CSPX) and Vanguard S&P 500 UCITS ETF (LON: VUSA) . Do note that some of these ETFs have different ticker symbols and this is due to the currency that they are traded in (eg. GBP for VUSA and USD for VUSD). They tend to have slightly different performances too. Still confused about the S&P 500? Here are some articles that Seedly has written which cover some areas in much greater detail: - What Is The S&P 500 Index? - A Dummies Guide To Investing In Ireland-Domiciled S&P 500 ETFs Found out that the S&P 500 isn’t your cup of tea? Here’s the Ultimate Guide To Investing In Singapore which has a treasure trove of articles regarding the different investment options out there. Happy investing! References were made to the S&P 500 Fact Sheet. Click here to read more! Disclaimer: The information provided serves as an educational piece and is not intended to be personalised investment advice. Readers should always do their own due diligence and consider their financial goals before investing.
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Savings

Savings Accounts

Interest Rates

COVID-19

I am a working adult with a monthly salary, and I use my credit card quite heavily. With the upcoming changes, what are the savings accounts with bonus interests that I can consider?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 3w ago
Hey Anon! With the recent changes in interest rates, many people have been asking about the best savings account available in the market. So here are the community top picks for salary crediting savings accounts! Note that only salary crediting savings accounts are covered here; if you want to take a look at other great options that are available in the market to park your savings or emergency funds, here’s another compilation! Information accurate as of 21 Jul 2020 with updated changes to take effect from 1 Aug 2020. TL;DR: Assuming you - Have starting minimum $10k savings account balance - Have at least $2k in salary credited after CPF contribution - Spend a minimum of $500 a month via credit card on daily expenses Based on these criteria, here’s a summary of the interest you will get from these savings accounts: ! Maybank SaveUp Account will give you the highest interest rate of 1.03% p.a. However, if your salary credited is higher and if you are able to fulfil more bonus interest components, the savings account that will give you the highest interest rate may vary. Take a look at the breakdown below to understand more! Bank of China (BOC) SmartSaver Account (Read More // Reviews) 1. Base interest rates - 0.1% for the first $20k - 0.15% for the next $80k - 0.2% for $100k and above 2. Bonus interest rates ! 3. Bonus interest components - Wealth: Purchase any eligible BOC wealth products to earn this bonus interest for 12 months - Card spend: At least $500 - Salary crediting: At least $2k - Payment: Have at least 3 bill payments of at least $30 each through GIRO and BOC internet/mobile banking bill payment function - Extra savings: Fulfil at least one of the requirements for card spend, salary crediting or payment. Only applicable for account balances from $80k to $1M 4. Restrictions - Initial deposit: $1.5k - Minimum monthly balance: $1.5k - Bonus interest cap: $80k DBS Multiplier Account (Read More // Reviews) 1. Base interest rates - 0.05% p.a. 2. Bonus interest rates ! 3. Bonus interest components - Income: At least $2k compulsory from salary credit and/or dividends credited via GIRO from CDP) - Card spend - Home loan instalments - Insurance: Recognized for first 12 consecutive months - Investments: Recognized for first 12 consecutive months 4. Restrictions - Initial deposit: $0 - Minimum monthly balance: $3k - Bonus interest cap: $25k - Fall-below fee of $5 waived till 29 years old - After insurance and investments categories are recognized for 12 months, maximum interests are only up to Income + 2 categories Maybank SaveUp Account (Reviews) 1. Base interest rates - 0.1875% p.a. for the first $30k - 0.25% p.a. for the next $47k - 0.3125% p.a. for $50k and above 2. Bonus interest rates ! 3. Bonus interest components - GIRO payment and/or salary crediting - Card spend - Investing in structured deposits - Investing in unit trusts - Buying regular premium insurance - Getting a home loan - Getting a car loan - Getting a renovation loan - Getting an education loan 4. Restrictions - Initial deposit: $500 - Minimum monthly balance: $1k - Bonus interest cap: $50k OCBC 360 Account (Read More // Reviews) 1. Base interest rates - 0.05% p.a. 2. Bonus interest rates ! ! 3. Bonus interest components - Salary crediting: At least $1.8k through GIRO - Step-Up: Increase account balance by $500 compared to previous month - Wealth: Insure or invest with OCBC and earn for 12 months - Grow: Extra interest on the first $70k if account balance is at least $200k 4. Restrictions - Initial deposit: $1k - Minimum monthly balance: $3k - Bonus interest cap: $70k - Fall-below fee of $2 waived for first year Standard Chartered Bonus$aver Account (Read More // Reviews) 1. Base interest rates - 0.05% p.a. 2. Bonus interest rates ! 3. Bonus interest components - Card spend: At least $500 - Salary crediting: At least $3k - Invest: Buy an eligible insurance policy with minimum annual premium of $12k - Insure: Buy at least $30k worth of unit trusts - Payment: Pay 3 bills of at least $50 each 4. Restrictions - Initial deposit: $3k - Minimum monthly balance: $3k - Bonus interest cap: $100k UOB One Account (Read More // Reviews) 1. Base interest rates - 0.05% p.a. 2. Bonus interest rates ! 3. Bonus interest components - Category A: At least $500 card spend - Category B: At least $500 card spend AND at least $2k salary credit via GIRO or 3 GIRO debit transactions 4. Restrictions - Initial deposit: $0 - Minimum monthly balance: $1k - Bonus interest cap: $75k Still having difficulties or too much work for you? Try out the FREE Seedly Savings Account Calculator! After filling up some basic information, the calculator will tell you which savings account gives you the highest interest rate. Easy peasy! References were made to a Seedly Article written in Jul 2020. Click here to read more!
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ETF

Investments

REITs

(ETF Discussion) SGX: NikkoAM-STC Asia REIT (SGX: CFA)?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 4w ago
! NikkoAM-STC Asia REIT ETF is the world’s first Asia ex-Japan REIT ETF, and it tracks the FTSE EPRA Nareit Asia ex Japan Net Total Return REIT Index. Most of the REITs in the ETF are concentrated in Singapore and Hong Kong. The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the FTSE EPRA/NAREIT Asia ex Japan Net Total Return REIT Index), or upon the Manager giving three (3) months’ prior written notice to the Trustee and the Holders, such other index that gives, in the opinion of the Manager, the same or substantially similar exposure as the Index. Information accurate as of 21 July 2020. Fund Details Inception Date - 29 March 2017 Base Currency - SGD Fund Size - SGD 251.32 million (As of July 2020) Total Expense Ratio - 0.60% Distribution Frequency - Quarterly 3-Year Annualised Tracking Error - 0.26% Performance ! Fund Holdings The following table shows the top 10 constituents of NikkoAM-StraitsTrading Asia Ex Japan REIT ETF: ! Sector Allocation ! In terms of REIT industry allocation, retail REITs take up around 34.1% of the ETF, followed by industrial REITs, and office REITs. Investors The NikkoAM-STC Asia REIT ETF is suitable for - Investors looking to gain exposure to Asia’s high-growth property sectors in a single trade - Investors who want to invest in REITs with lower capital investment and experience greater liquidity - Investors who don’t have time or resources to perform individual stock picking or company research References were made to NikkoAM-StraitsTrading Asia Ex Japan REIT ETF Fact Sheet. Click here to read more!
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ETF

Investments

STI ETF

(ETF Discussion) SGX: Nikko AM STI ETF (SGX: G3B)?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 4w ago
! Nikko AM Singapore STI ETF is managed by Nikko Asset Management Asia Limited — one of the largest asset managers in Asia. The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the Straits Times Index (STI), or upon the Manager giving three (3) months' prior written notice to the Trustee and the Holders, such other index which tracks the performance of Singapore listed equity securities. The Straits Times Index is compiled and calculated by FTSE International Limited and represents the top 30 companies listed on the SGX-ST Mainboard ranked by full market capitalisation. Information accurate as of 22 July 2020. Fund Details Inception Date - 24 February 2009 Base Currency - SGD Fund Size - SGD 354.32 million (As of July 2020) Total Expense Ratio - 0.30% Distribution Frequency - Semi-Annual 3-Year Annualised Tracking Error - 0.17% Performance ! Fund Holdings The Nikko AM STI ETF is heavily weighted with financials, with DBS Group Holdings, Oversea-Chinese Banking Corporation, and United Overseas Bank account for 38.3% of the ETF. ! Sector Allocation ! In terms of industry allocation, financials take up a huge 41.1% of the ETF, followed by REITs, and industrials. Investors The Nikko AM STI ETF is suitable for - Investors who want the familiarity of investing in Singapore blue-chip companies - Investors looking for a low cost and simple way to get exposure to the Singapore stock market - Investors who don’t have time or resources to perform individual stock picking or company research The Nikko AM STI ETF provides immediate exposure to the top 30 companies in Singapore, and it is great for beginners who are starting out to invest but are not willing to take the risk of overseas investment. However, it is heavily weighted on financials, which is an issue if you are looking diversification. Furthermore, historical performance has shown that the STI has underperformed other regional or global indexes, and hence this is another thing that investors should consider before putting their money into the Nikko AM STI ETF Another ETF that tracks the STI is the SPDR STI ETF (SGX: ES3). References were made to Nikko AM STI ETF Fact Sheet. Click here to read more!
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Investments

ETF

Bonds

(ETF Discussion) SGX: ABF SG BOND ETF (SGX: A35)?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 4w ago
! The ABF Singapore Bond Index Fund is an index fund which seeks investment results that correspond closely to the total return of the iBoxx ABF Singapore Bond Index before fees and expenses. The iBoxx ABF Singapore Bond Index is an indicator of investment returns of debt obligations denominated in Singapore dollars issued or guaranteed by the government of Singapore or any government of People's Republic of China, Hong Kong SAR, Indonesia, Korea, Malaysia, Philippines or Thailand (collectively, the "Asian Governments"), by an agency or instrumentality of the Singapore government (or any other Asian Government), by a Singapore government (or any other Asian Government) sponsored entity or a quasi-Singapore government (or any other Asian Government) entity and Singapore dollar denominated debt obligations issued by supranational financial institutions. Information accurate as of 22 July 2020. Fund Details Inception Date - 31 August 2005 Base Currency - SGD Fund Size - SGD 1,019.99 million (As of July 2020) Total Expense Ratio - 0.25% Distribution Frequency - Annual 3-Year Annualised Tracking Error - 0.27% Performance ! Fund Holdings ! Issuer Allocation ! Investors The ABF Singapore Bond Index Fund is suitable for - Investors looking for a low risk asset class that performs well especially during periods of difficult market conditions - Investors looking for an effective portfolio diversifier that exhibits negative correlation to other asset classes during various market situations - Investors who are seeking potentially higher returns than Singapore dollar fixed deposit rates and have a medium to long term investment horizon References were made to ABF Singapore Bond Index Fund Fact Sheet. Click here to read more!
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ETF

STI ETF

Investments

(ETF Discussion) SGX: SPDR STI ETF (SGX: ES3)?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 4w ago
! SPDR STI ETF is managed by State Street Global Advisors Singapore Limited, a subsidiary of the third-largest asset manager in the world. The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the Straits Times Index. The Straits Times Index is maintained by FTSE International Limited and represents the performance of the top 30 eligible companies. The Index constituents are reviewed semiannually in March and September and are diversified across all sectors. Information accurate as of 22 July 2020. Fund Details Inception Date - 4 November 2002 Base Currency - SGD Fund Size - SGD 1,113.91 million (As of July 2020) Total Expense Ratio - 0.30% Distribution Frequency - Semi-Annual 1-Year Annualised Tracking Error - 0.1508% Performance ! Fund Holdings The SPDR STI ETF is heavily weighted with financials, with DBS Group Holdings, Oversea-Chinese Banking Corporation, and United Overseas Bank account for 37.63% of the ETF. ! Sector Allocation ! In terms of industry allocation, financials take up a whopping 61.75% of the ETF, followed by industrials, and telecommunications. Investors The SPDR STI ETF provides immediate exposure to the top 30 companies in Singapore, and it is great for beginners who are starting out to invest but are not willing to take the risk of overseas investment. However, it is heavily weighted on financials, which is an issue if you are looking diversification. Furthermore, historical performance has shown that the STI has underperformed other regional or global indexes, and hence this is another thing that investors should consider before putting their money into the SPDR STI ETF. Another ETF that tracks the STI is the Nikko AM STI ETF (SGX: G3B). References were made to SPDR STI ETF Fact Sheet. Click here to read more!
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Investments

ETF

REITs

(ETF Discussion) SGX: LION-PHILLIP S-REIT (SGX: CLR)?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 4w ago
! Lion-Phillip S-REIT ETF is Singapore’s first ETF dedicated entirely to Singapore REITs. Lion-Phillip S-REIT ETF tracks the performance of Morningstar’s Singapore REIT Yield Focus Index. The index is one of Morningstar’s strategic beta indexes that uses a proprietary three-factor rules-based investment methodology that emphasises on 1) business quality; 2) financial health and 3) dividend yield. Information accurate as of 21 July 2020. Fund Details Inception Date - 30 October 2017 Base Currency - SGD Fund Size - SGD 140.4 million (As of April 2020) Total Expense Ratio - 0.60% Distribution Frequency - Semi-Annual Performance ! Fund Holdings Lion-Phillip S-REIT ETF contains 28 high-quality Singapore REITs, and the weight of each REIT is capped at 10%. ! Sector Allocation ! In terms of REIT industry allocation, retail REITs take up around 24.2% of the ETF, followed by industrial REITs, and office REITs. Investors The Lion-Phillip S-REIT ETF consists of Singapore REITs that offer you investment exposure to income-producing real estate in Singapore and the regional countries, and help diversify your investment portfolio with a regular income stream. References were made to Lion-Phillip S-REIT ETF Fact Sheet. Click here to read more!
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Investments

OCBC RoboInvest

DBS digiPortfolio

Robo-Advisors

Seedly vs OCBC RoboInvest vs DBS digiPortfolio which one should i use?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Answered 4w ago
Hey Anon, Looking at your comparison, I believe that you are trying to compare among robo-advisors. Sorry to disappoint but we (Seedly) are not a robo-advisor haha! You can see below for a simple comparison between DBS digiPortfolio and OCBC RoboInvest: DBS digiPortfolio (Reviews) 1. Platforms - Web 2. Fees - 0.75% of AUM p.a. 3. Minimum to Start - SGD 1K 4. Methodology - Invest according to different risk profiles 5. Portfolios - Asia - Global 6. Pros - Easy to use, with low entry amount of S$1,000 - Able to choose curated investments based on the level of risk appetite 7. Cons - DBS digiPortfolio's fees are slightly more expensive than other robo advisors OCBC RoboInvest (Reviews) 1. Platforms - Web - Mobile App 2. Fees - 0.88% of AUM p.a. 3. Minimum to Start - SGD 1.5K 4. Methodology - Portfolios comprising stocks and ETFs, specially curated for you by OCBC’s leading wealth experts 5. Portfolios - 30 thematic portfolios across 6 different markets to match every risk appetite 6. Pros - Easy to use platform, liberty to choose when to sell - Straightforward and diversified 7. Cons - No dedicated mobile app, long waiting time - No funds dedicated in high growth emerging markets Note that these are just 2 of the many robo-advisors out there in the market, and when you are choosing between robo-advisors you might want to take into account the platforms, fees, minimum investment and invest according to your risk appetite. If you would like to see a more extensive comparison among the robo-advisor top picks by the community, you can check it out here! It includes links to all their review pages, as well as SeedlySpotlight where respective stakeholders come in to share about their company.
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Robo-Advisors

Investments

What are robo-advisors and how do they work? How is it different from the traditional way to invest? Would I need a CDP as well? Many people seem to be advising robo-advisors but why?
Lim Qin Da
Lim Qin Da
Top Contributor

Top Contributor (Jul)

Level 6. Master
Updated 4w ago
Hey Anon! People usually recommend robo-advisors for beginners as they are the easiest investment methods to provide beginners with low cost, diversified and passive investing. They are also perfect for time-starved working adults who are looking to grow their money passively. Here's a simple comparison among some of the popular choices in the Seedly Community. Besides just choosing the robo-advisor with the lowest fees, you should be looking out mainly for the following. It is also important to invest according to your risk appetite, and understand any hidden fees involved, particularly if you’re opting to invest in global ETFs. ! I've put together a compilation of the top Robo-Advisor picks from our community recently. Itincludes a simple summary and all the links to their review pages, as well as SeedlySpotlight, where the stakeholders come in to talk more about their company. You can check it out here!
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