HAPPY MAY DAY 2015! As per my earlier coverage on the upcoming relaxation of the rules/guidelines for ETFs in Singapore, on Wednesday, Monetary Authority Of Singapore (MAS) has announced the reclassification of some 20 ETFs (including the current 11), which account for about 80% of the asset under management by locally listed ETFs, as Excluded Investment Products (EIPs) [for more details about EIP, check out my earlier post here] So what does it means to the retail investors? It means that more ETFs will be accessible to us. According to the report in Straits Times on Thursday, SGX had already been talking to the ETF issuers ahead of the MAS announcement and the first re-classification could happen as early as the second half of this year. ETFs is gaining its popularity because of its low cost (as compared to the Unit Trust Products) and lower risk (as compared to ... ...