facebookCan I buy s&p500 using poems? - Seedly

Anonymous

14 Oct 2019

General Investing

Can I buy s&p500 using poems?

Can I buy s&p500 using poems?

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If you really want to buy into the S&P500, consider using an ETF instead of a unit trust due to lower fees especially if you hold long term. Do consider brokerages like Td Ameritrade or interactive brokers instead of any local brokers as the comm fees charged are very high.

Elijah Lee

07 Jul 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

Besides what Hariz has mentioned regarding the Infinity US 500 UT, you can also directly buy the vanguard S&P 500 ETF on the NASDAQ exchange on POEMS, although you will have to pay brokerage fees for that as it is an ETF and not a UT. Please don't buy the one traded on SGX as the volume is really bad and you will have a liquidity problem.

Hariz Arthur Maloy

07 Jul 2019

Independent Financial Advisor at Promiseland Independent

You can via the Infinity US 500 Stock Index Fund.

https://www21.poems.com.sg/UT/Fundinfo?fundCode=5...

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