Read the news in the morning and this new product jointly launched by SGX and POSB caught my attention.  I have just blogged about investing in ETFs and now there is a new product in the market. Have just checked from POSB website and I will summarise on the characteristics of this new product.

This POSB invest saver lets you invest in an index ETF from as low as $100/month. The index ETF used is the NIkko AM Singapore STI Exchange Traded Fund. This ETF tracks the Singapore Straits Times index similiar to SPDR STI ETF. In my previous post on "investing basics - Low cost index fund investing (passive investing)", I wrote about investing in SPDR STI ETF using philip securities share builder plan. You can read about it and compare against this POSB product.

1) Invest from as low as $100
This ...