Anonymous
Should I be worried about the DBS ETF devaluing?
Hi, I recently started on DBS ETF. I started with the minimum $100/month, barely 2 weeks in, the value is at $92 now. Why is this so? Is it true that ETF is for the long term? Should I be worried?
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Vincent Tan Wen Bin
05 Feb 2020
Assistant Vice President at Thinkers Alliance
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Compared to SP500 the STI performed not so well.
To be diversified into strong Singapore is a good thing, but (my gut feeling) maybe S-REIT ETFs are more suited. Take care.
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DBS ETF, i am asumming the STI index ETF.
yes and no.
yes: if you think the fundamentals of the in...
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If you are referring to the STI ETF, what you are buying into is the investment into companies in Singapore.
With the recent opening of the market, and the Wuhan scare. Market is jittery and in fact China market dropped by approx 10%.
Your RSP into the ETF should also have a cost involved. So what happened is that $92 is not only due to market movement only. The cost is also another factor that you should take into accord.
And if you are doing RSP of monthly investing and investing into a ETF which is already diversified, relax and have a longer term outlook. 2 weeks is too short of a tenor to look into anything.