PHILLIP SING INCOME ETF: WHAT INVESTORS SHOULD KNOW?


Singapore Stocks
Dear readers, yesterday, the Singapore’s Straits Times Index STI made some gains, climbing 1.39% to close the trading day at 3,060.85. The STI ETF which tracks the STI moves up 1.47%. A recent debutant on the SGX, Phillip Sing Income ETF closed 0.6% up comparatively.
Why am I saying the above? Well, I got the impression that many retail investors have the impression that Phillip Sing Income ETF would track the STI very closely so as to replicate the movements of the STI. But the fact is that Phillip Sing Income ETF is not. Phillip Sing Income ETF has different constituents in different allocations which together makes up the ETF. Readers could refer to this link  for more information.

I would personally think that investing in an equity which tracks the markets and market indicators like the STI would be not much different now since if the markets are down then its hard to expect any investment to beat the markets currently. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.


Popular posts from this blog

A RECAP OF THE MAJOR US STOCK MARKET CORRECTIONS!

10 COUNTRIES WITH THE HIGHEST NATIONAL DEBT

HOW TO USE VISUALISATION TO CREATE MORE WEALTH?

HOW TO MAKE THE BEST FROM WORK-FROM-HOME ?

STAYING MOTIVATED AT WORK: IMPORTANCE AND WHY?

HOW TO "SUBTRACT" AT WORK FOR BETTER PRODUCTIVITY AND OUTCOMES?

LET’S US ALL DO OUR LITTLE PART TO CONTRIBUTE TO CHARITY TODAY!

HOW EMILY BECOMES A FIRM BELIEVER IN SAVINGS?

HOW SHOULD ONE PLAN FOR RETIREMENT?

Maximizing Your Net Income: A Financial Guide for Success in 2024