Asked by Anonymous
How about both? When you invest in robo-advisors e.g. Smartly, you are investing in US ETF too. So it depends on the market exposure you are looking at. For smartly it's converted to sgd on the site when you view it. There is also a currency impact portion where you can view it too. It changes everyday so when you feel that it's time to cash out, you can do so.
I think it depends on which market you want to start investing in! I use posb invest - saver for the regular savings plan to buy STI index. But I use Autowealth to buy US ETFs which is something I will never be able to do myself without their platform. I think if you are a new investor, it might be good to diversify as well.. maybe start off with Singapore ETFs first because probably lower risk? The admin fees are also lower for posb as compared to roboadvisors I think!
Firstly, Congratulations on taking the first step to start your journey with ETF. It is a good starting and learning point!
Secondly, It depends on the returns and the different markets that you want to be exposed to.
There are mainly two types of fund that people invest with POSB invest-saver
1) Nikko AM STI ETF (Sales Charge of 1%)
2) ABF Singapore Bond Index (Sales Charge of 0.5%)
Robo Advisors (Stashaway, Autowealth, Smartly)
Leveraging algorithms in order to access your risk profile be it low risk or aggressive.
You can read more in the link above on the pros and cons of each and ultimate decide your choice based on returns, exposure to markets and fees charges. Hope this helps!