Hi all, I am a graduating student and I would like to find out more on how to invest in the STI ETF? How do I go about it? - Seedly

Investments

Asked by Anonymous

Asked on 18 Oct 2018

Hi all, I am a graduating student and I would like to find out more on how to invest in the STI ETF? How do I go about it?

STI ETF types and how to invest

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Yong Kah Hwee
Yong Kah Hwee
Level 6. Master
Answered on 18 Oct 2018

2 ways: Either you open a brokerage account, then buy the STI ETF in lump sums or Invest monthly using the Regular savings plan. You can look for an article regarding this in the Seedly blog :)

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Gabriel Lee
Gabriel Lee
Level 6. Master
Answered on 18 Oct 2018

You can invest monthly on the Nikko AM STI ETF which tracks the STI ETF via POSB's Regular Savings Plan (InvestSaver). Read up more here - https://www.posb.com.sg/personal/investments/investing-in-funds/invest-saver

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You can invest monthly with POSB Invest Saver. There is only Nikko STI ETF and SPDR STI ETF. POSB invest saver can only invest in Nikko STI ETF and ABF bond ETF. You can also open a brokerage account to invest but the minimum fees is at least $10-$25.

If you wan to invest monthly in other stocks, you can look at other regular savings plans with the link.

https://blog.seedly.sg/which-regular-savings-plan-is-the-cheapest/

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