What do you think about investing in the Lion-Phillip S-REIT ETF with FSMone vs investing in the i-Edge S-REIT with Syfe REIT+? - Seedly
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Anonymous

Asked on 10 Jun 2020

What do you think about investing in the Lion-Phillip S-REIT ETF with FSMone vs investing in the i-Edge S-REIT with Syfe REIT+?

I'm intending to diversify my portfolio and invest in S-REIts and wanted to have some thoughts/advice. What do you think about investing in the Lion-Phillip S-REIT ETF with FSMone vs. investing in the i-Edge S-REIT with Syfe REIT+? I do not wish to invest in both.

(1) what are some considerations (e.g. fees, etc.) that i should be aware of before deciding on either?

(2) I'm intending to invest over the long term (i.e. passive investing)

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Eliezer
Eliezer, Content & Community Lead at Syfe
Level 6. Master
Answered on 15 Jun 2020

Hi anon, that's a great question! Firstly, Syfe REIT+ is not an ETF portfolio. When you invest in the REIT+ portfolio, you get to own actual units of the REITs included in the i-Edge S-REIT index.

Unlike FSMone, Syfe has no minimum investment amount and no commission fees.

If you invest $100 every month into REIT+, the fee you pay for the entire year is $4.23. Our fee of 0.65% is a per annum fee, but fees are charged on your asset under management each month.

If you invest $100 every month through FSMone, your commission alone will be $12. That's not including the ETF management fees of 0.5% on the Lion-Phillip S-REIT ETF.

To boost your returns, REIT+ dividends are automatically reinvested for Blue tier clients. That said, there are no withdrawal fees or lock-in periods. If you wish, you can withdraw your dividends at any time.

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Ng Wei En
Ng Wei En, Analyst at Mastercard
Level 6. Master
Updated on 10 Jun 2020

FSMone uses a transaction-based approach to charging fees. On the other hand, Syfe uses a percentage-based model on your portfolio size.

The cost of investing via FSMone or Syfe will depend on the following factors:

  1. Frequency of investing - the more often you invest, the more expensive via FSMone

  2. Quantum of investment - the more $ you invest, the more expensive via Syfe

There are 2 ways to approach investing in the Lion-Philip S-REIT ETF via FSMone:

  1. Via Regular Savings Plan(0.08% or min S$1 per month) which will buy into the ETF on the 8th of every month

  2. Directly buying the ETF via Live Trading(S$8.80 per trade) whenever you want to.

As for investing via Syfe, it follows a tiered percentage-based struture on AUM:

<20k - 0.65%

20k and <100k - 0.5%

100k - 0.4%​​​

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