facebookWhat are the differences between all these funds- Nikko AM Shenton Singapore dividend equity fund, Nikko AM STI ETF, Schroder Asian growth fund; and have any of you bought them? - Seedly

X-jie Boh

17 Apr 2020

Stocks

What are the differences between all these funds- Nikko AM Shenton Singapore dividend equity fund, Nikko AM STI ETF, Schroder Asian growth fund; and have any of you bought them?

Anyone bought nikko AM shenton singapore dividend equity fund or nikko AM STI ETF? what are the diferrences between these two?
Currently i have bonded with manulife program which i have bought dividend equity fund and schroder asian growth fund. any comment on both funds and how to differentiate dividend equity fund and growth fund?

thanks

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Luke Ho

17 Apr 2020

Founder and Director at CFX Money Maverick Pte Ltd

The components for all that you've mentioned are slightly different (the Singapore one has slightly differnent components from the STI ETF.

For the Manulife program one, its not too difficult to comment on but for the msot part, most growth funds focus on growth while dividend funds focus on giving out dividends. That does not mean that growth funds are incapable of giving out dividends or that dividend funds cannot grow, it just means the objective is generally there (and the name is catchy).

Id really advise you to just consult your consultant or a 2nd opinion with an investment specialist if you'te feeling insecure about your portfolio.
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