Invest
(Post 47/week 34)Investment project updates part 2:Posb invest saver AUG 2018 summary
By Sonicericsg  •  August 28, 2018
6.Posb invest saver(Aug 2018)

My POSB invest saver update for the month of May, read here
My POSB invest saver update for the month of June, read here
My POSB invest saver update for the month of July, read here

Regular saving plan updates for ABF Singapore Bond Index Fund(A35)


Breakdown of my regular saving plan(A35) this month(Aug 2018)
Total amount(regular saving plan)A35:$100
Price per share:$1.12700
Gross sales charge:0.5%
Net sales charge amount:0.5% of 100=$0.50
Net amount invested: Total amount-net sales charge amount=$100-$0.50=$99.50
Units issued: Net amount invested/price per share=$99.50/$1.12700=88.28748891=88 units



Summary: As of 22 Aug, the share price of A35 was at 1.133, a slight increase from last month,1.127(July update) which is quite at the middle with its maximum at 1.25(2011) and its lowest 1.00(2008). Will be watching it for any further movement, once below 1.100 may make a bulk purchase




Regular saving plan updates for Nikko AM Singapore STI ETF(G3B) Breakdown of my regular saving plan(G3B) for this month(Aug 2018) Total amount(regular saving plan)A35:$100
Price per share:$3.352100
Gross sales...
Read the full article
By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

1 Comments

One response to “(Post 47/week 34)Investment project updates part 2:Posb invest saver AUG 2018 summary”

  1. Anonymous says:

    2

Leave a Reply

Your email address will not be published.

Read More Articles
More from thefinance
%d bloggers like this: