PhillipCapital (POEMS) - Seedly

PhillipCapital (POEMS)

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Investments

PhillipCapital (POEMS)

ETF

Elijah Lee
Elijah Lee
Top Contributor

Top Contributor (Aug)

Level 8. Wizard
Updated on 05 Aug 2019
At $200/mth, the transactional costs are just too high. There will be better options even if you want to invest monthly, and you can still get shares, just save up and wait for a good price. I'm with Phillip, and I don't recommend SBP in your situation as you can do DCA in other ways on the POEMS platform.

Investments

ETF

Securities

PhillipCapital (POEMS)

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.

Online Brokerages

Brokerages

PhillipCapital (POEMS)

Guo Hao Teo
Guo Hao Teo, Self-Taught Enthusiast at Personal Finance

()

Level 4. Prodigy
Answered on 04 Jun 2019
I have the custodian based one. Works the same way in my opinion.

Investments

PhillipCapital (POEMS)

Poems has several type of account If they did not ask u to open cdp or link cdp then it should be a custodian account. Please kindly check with them.

Investments

Regular Shares Savings Plans (RSS)

PhillipCapital (POEMS)

Blue Chips

SW
Shaun Wq Lim

()

Level 4. Prodigy
Updated on 14 Jul 2019
You might want to double check your information. OCBC BCIP charges min. $5 fee per counter per transaction. For 6 counters, that will be $30 per month.

Investments

PhillipCapital (POEMS)

Usually expense ratios, and other fees will be listed in the fund factsheet or product highlights. No need for manual calculations. Other fees can include sales charges, management fees, expense fees etc