Read? STI ETF. Passive??? Really??? No Free Lunch and Not Risk Free!!!
You can call it index investing or passive or outsourcing. When you outsource the task; you don't feel the heat, dirt or the heavy lifting; but you got to pay some fee. Worth paying this fee to managers or pay ourselves when we get our own hand dirty in the market?
Can we DIY mini subset of STI ETF as blue chips uncles or aunties?
CW,
You sneaky, sneaky ;)
Your example is a good test on whether one can read "numbers"; especially if readers call themselves "fundamental investors".
1) Right off the bat, someone who invested in unit trusts or ETFs (and know what they are buying into)
would know your percentages were off. Where got management fees 8.9% one!!!??? ......
