facebookWhat are all the fees involved with DBS Invest Saver RSP - for both UT and ETFs? - Seedly

Anonymous

09 Jul 2020

General Investing

What are all the fees involved with DBS Invest Saver RSP - for both UT and ETFs?

I know the most obvious ones would be the

  • sales charge 0.82% for UTs and ETFs (non-bonds),
  • expense ratio for ETFs (0.3% for Nikko STI, how about the REIT ETF and UT?)

What else should I note of? Taxes, etc?
Are there any hidden fees?

Discussion (3)

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Shengshi Chiam, CFA

09 Jul 2020

Personal Finance Lead at Endowus

The high expense ratios of the Unit trusrts have to be taken into consideration.

These are mainly due to trailer fees, which are paid by the fund managers to the distributors for helping them sell their product. This creates conflict of interest.

You can read about it more here!​​​

Expense ratio of REIT ETF is 0.6% while UTs would be much higher.
No tax implications on capital gain and dividends, and no platform or selling charges.

They say:

"Zero platform fees and management fees. Instead a sales charge of 0.50% or 0.82% is dedu...

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