It's been awhile since I did my last post. Woohoo, exams are finally over. Yay, FREEDOM :) I will be doing a summary on the difference between Nikko AM STI ETF and SPDR STI ETF. Some people are still confused over these two ETF. I hope my post can bring some enlightenment. Basically, these two different ETF are managed by two separate fund companies. The inception dates for SPDR and Nikko AM are 17th April 2002 and 24 January 2009 respectively. Both track the STI ETF as close as possible by replicating the same 30 components. Both are Cash ETF whereby they are bought with underlying cash and not with derivatives. It works a little similar like a mutual fund but their expense ratio (commission fee) are much lower. Nikko AM STI ETF has a higher expense of 0.39% as compared to SPDR ......