Anyone bought into Nikko AM Singapore dividend Equity Fund? How do you rate it's relative performance to other dividend funds, and what made you choose it? thinking about investing in a div fund in SG? - Seedly
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Anonymous

Asked on 14 Mar 2019

Anyone bought into Nikko AM Singapore dividend Equity Fund? How do you rate it's relative performance to other dividend funds, and what made you choose it? thinking about investing in a div fund in SG?

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Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered on 16 Feb 2020

Try not to buy Unit Trusts (Mutual Funds) and diversify to different countries.

Your fund has potentially high initial sales charge plus high annual fees.

When Your strategy is investing into dividend funds, I'd recommend to look into

passively managed Dividend ETFs. They are much cheaper (about by the factor 5-7x) and reducing investement costs is of utmost importance.

But You cannot only gauge the performance of the selected fund by fees and annual dividends alone, you should also calculate the fund price development (capital appreciation):

Real performance = Capital appreciation + Dividends - fees - inflation

For inspiration on cheap & successfuls dividend ETFs you may want to read the english language version of justetf.com:

https://www.justetf.com/uk/how-to/dividend-etfs-world.html

For more on my thinking:

https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 30 Nov 2019

Think just looked at their top 10 holdings and weightage, and buy it individually and save yourself the fund mgmt fee of 1.25%

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