This year, OCBC and POSB have each launched a STI ETF monthly investment plan. POEMS have the equivalent Share Builder Plan eons ago. I think the financial industry is finally moving in the right directions. It is hard to beat the market index and many fund managers have failed. It is hence better to create index funds and related-products to the retail investors. It would be a much better deal. These plans are largely similar except for one factor that distinguishes POEMS Share Builder Plan from the rest…

Minimum Investment

POEMS used to set a minimum investment of S$200 per month. However, the minimum has been lowered to S$100 per month to remain on par with OCBC and POSB.

Underlying STI ETF

There are two STI ETFs listed on SGX. SPDR ETF has more than 10 years of history while Nikko AM STI ETF is 4 years old. SPDR ......