DBS Vickers Securities
Regular Shares Savings Plans (RSS/RSP)
Asked on 04 Aug 2020
Assuming I’m risk adverse, is this strategy better than short term endowment plans (at 2%) or high interest savings account. P.S. I’m using DBS vickers as well as DBS Regular Savings Plan
Hello, the STI ETF is definitely a good place to start if this is your first foray into investing. Your strategy of $300 monthly DCA through the DBS InvestSaver might not be the most cost effective in terms of fees but that is subject to personal preference as well.
As the STI ETF only consists shares of 30 companies locally and is heavily weighted towards Financials and Telecoms (not much room for growth), you may want to consider deploying your $300 DCA into global equities instead which can be easily accessed through Roboadvisors like Stashaway, Syfe, etc. at low costs as well.
Hope this helps!
STI is an inferior investment as to capital appreciation.
what else to avoid, here:
Avoid STI at all cost. Paltry performance as an index investment tool
I have done up some charts on this fund that can help with your capital allocation. The charts aim to answer the following questions:
How has the NAV been trending since inception?
How has the fund been performing quarter on quarter since inception?
How has the dividend been trending since inception?
How has the fund size been growing?
What are your probabilities to make/lose money?
What are your average (+) and (-) returns?
Is your fund outperforming or underperforming the benchmark? (For Actively Managed Funds)
File Name: NIKKO AM SINGAPORE STI ETF (DBSSTI SP Equity)_update_040820
1 more comments
05 Aug 2020
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