Investing In Singapore’s Economy
In your working life, you may have heard this word ‘STI ETF’ being thrown around at the office or over lunch chats. This article serves to clear your doubts and gives you the easiest understanding of what the STI ETF is, why you should consider it and how to invest (one time or monthly).
The Straits Times Index, Exchange Traded Fund (STI ETF) was designed for passive investors who are just getting started. In fact, most Singapore financial bloggers and our Personal Finance SG Community actually advocate the STI ETF as one of the first products you should consider for this very reason – diversity at low cost. Let us break it down simply.
Straits Times Index (STI) The STI basically tracks the top 30 companies in the Singapore market which are traded These include DBS, OCBC, Singtel, Capitaland etc. (from a mix of industry vertical …