Inflation in Singapore has not been so high for some 10 years now. Simply put, the cost of living is rising more sharply this year than in recent times. The pressure applies to investing fees too. As it is, a Morningstar report showed that Singapore is ranked below average out of 26 markets in terms of fees and expenses. Our annual Endowus Wealth Insights 2022 annual report found that the rising cost of living dominates as the top concern for most respondents. Of those polled, 45 per cent say inflation is their top finance-related worry for the year ahead. Investors remain open to putting in more money in the markets in 2022, but are watching more carefully the fees behind investments. Top investment goals of 2022
Source: Endowus Wealth Insights Fund Smart: a low-cost platform for more than 200 unit trusts Enter Fund Smart. The Endowus fund platform is...