Just For Thinking ....
STI ETF for passive retail investors!!!
You have been buying 1 lot of STI ETF at every first trading day of the month since 2008, what is your total return as of 16 Aug 2013?
Total Return = Unrealized P/L + Total Dividends Received
Here is what Uncle8888 has simulated:
Total Return (Jan 2008 - 16 Aug 2013 market closing price of STI ETF) = 20.1%
Annualised Total Return is about 4%
Happy???
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